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AVP Aspire Product Finance, Product Accounting PM

10.00 to 15.00 Years   Bangalore   12 Sep, 2019
Job LocationBangalore
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaSBU Head / CEO / Director
EmploymentTypeFull-time

Job Description

About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.To us, good performance is about much more than turning a profit. Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.Responsibilities: The Product Finance Product Accounting Business Analyst will support the Product Accounting Team Lead with: Working with Product Finance stakeholders (such as Product Control) to review and understand the trade and transaction booking models and life cycle events. Documenting the recommended accounting debit and credit double entries that comply with IFRS and the SCB Group Accounting policy Manual. Identifying trade and transaction life cycle events where the current state accounting does not comply with IFRS and the SCB Group Accounting policy Manual. Then, working with SCB internal stakeholders (including Product Finance, Technical Accounting and Group Reporting teams) to either: o Close non-compliance gaps by documenting and agreeing revised compliant accounting entries; or o Document the non-compliance areas and ensure that the appropriate Finance stakeholders sign-off the specific reasons for the non-compliance (for example, a system or booking model limitation). Provide recommended accounting double entries to the Product Finance Change and/or Technology teams that are responsible for system configuration for each Trade/Transaction processing system, country, legal entity, product, etc, that is migrated to the strategic SAP architecture. Partner with the configuration teams to assist their understanding and resolve queries. Act as point of contact for Finance stakeholders for Product Finance accounting queries.Key Stakeholders:1. Aspire Technical Accounting Lead 2. Product Finance stakeholders, in particular Product Controllers and Business CFO s3. Aspire Product Finance team members4. Aspire Product Finance Technology team members5. Workstream team members across the broader Aspire Programme (Data, Core Finance, Local Regulatory, Treasury)Apply now to join the Bank for those with big career ambitions.,

Keyskills :
lifecycle businessanalysis accountingentries systemconfiguration financialjustification sap ifrs turn brand credit finance business strategy analysis equality finance grouprep ting rep ting regulat

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