Associate VP - Financial Controls

10 - 15 years

0 Lacs

Posted:3 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Legal Entity Controller at Standard Chartered Bank, your main responsibility will be to build and maintain a Legal Entity Controller model. You will be required to identify underlying risks in the balance sheet and provide insights to the CFO and Risk committee as necessary. Ensuring the integrity, accuracy, and completeness of the General Ledger will be crucial, along with reviewing variances and rectifying any accounting errors before the book close window. Your role will also involve conducting high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It is essential to engage and retain high-quality people, with a focus on succession planning for critical roles. You will need to have a good understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers to manage the Financial Controls & Risk function will be a key aspect of your role. In addition, you will be responsible for implementing and monitoring financial control policies, ensuring compliance measures are in place and adhered to. You will also need to embed the Controllership + Reporting model to keep the end client at the center, ensuring efficient and effective service delivery. As a leader, you will set the tone and expectations for your team, providing ongoing training and development opportunities. Monitoring job descriptions and objectives for direct reports, giving feedback, and rewards based on performance will be part of your responsibilities. Your role will also involve interpreting financial information, identifying key issues, and implementing appropriate controls and measures. You will be required to monitor and ensure appropriate change governance across all transformation initiatives and represent the function at governance forums. You will need to display exemplary conduct, adhere to the Group's Values and Code of Conduct, and ensure compliance with all applicable laws and regulations. Collaborating with key stakeholders such as Country Finance and GFS will be essential. To be successful in this role, you should demonstrate proficiency in MS Excel and PowerPoint, effective communication, stakeholder management, problem-solving, analytical skills, and a control mindset. The ideal candidate will have a minimum of 10 years of work experience in financial control or operational risk functions of FIs, internal audit of FIs, or external audit from Big 4 firms. Experience in core financial market operations or Retail/consumer banking operations is preferred. CA/CWA qualifications are preferred, along with exposure to SAP, PSGL, and TPGL reconciliations. Standard Chartered is an international bank that values diversity and inclusivity. If you are looking for a purpose-driven career in a bank that makes a positive impact, we encourage you to apply and be part of our team.,

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