Senior Manager

Job Description

• Managing and Leading teams aligned to the Record to Close (R2R) processes
• Ability to connect to the big picture
• Ensure to achieve efficiency in processes, quality and cost.
Business
• Effective stakeholder management for respective processes across geographies
Processes
• Ensuring that continuous efficiency improvement in R2R activities and an established process exists to constantly identify and implement improvement opportunities
• Responsible for leading the team and supervision of the monthly close process, management of books of accounts, accountings controls and accounting operations processes ensuring compliance of regulations, policies and requirements of the in scope countries/entities.
• Creating and implementing policies and procedures to identify, resolve and document accounting issues in addition to creating procedures to make the close and reporting processes more efficient and accurate.
• Manage the process for review and recording of journal entries required to reflect the monthly activity and continuous improvement in productivity to the standards prescribed from time to time.
• Continually reviewing all assigned processes in order to identify opportunities for quality & process design improvement
• Preparation of white paper supporting the monthly close process and month end balances
• Lead the initiative for reduction in manual journals across the bank by doing a deep dive into the various thematic issues and driving the improvement through various measures.
• Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained
• Ensure that the standards of customer service provided by the function consistently meet or exceed the requirements set under the Service Level Agreements agreed with the customers.
• Liaise with customers on the periodic review and re-negotiation of Service Level Agreements and any other related performance and quality measures
• Ensure effective systems and procedures for the timely collection of data from all accounting sites and their collation and submission to various recipients.
• Ensure compliance of regulations, policies & requirements of the in scope countries and reports and raise relevant risks to delivery by effective communication.
• Leverage process/domain expertise to identify opportunities for quality & process design improvement/reengineering while upholding the values of the Group and Company at all times.
• Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives. Participate and Support in all Global initiatives as applicable from time to time.
• Effectively lead change, manage and escalate risks arising out of transition of new processes
• Bring Process Transparency
People and Talent
• Nurture Team bonding and team engagement
Risk Management
• Highlight delays & related impact considering inter dependencies
• Provide insights and brainstorm the mitigation measures with respective function leads
Governance
• Monitor & track progress of all activities scheduled/completed/ongoing during the close period through out
• Publish the RAG status for all critical activities across the close cycle
• Design and implement KPIs and dashboards
• Drive initiatives towards Fast Closure of books
Skills:
• Strong Analytical and Strategic mindset, coupled with a thorough understanding of Accounting and Financial Control in Banking Industry with experience in transformation of book close processes
• Ability to design and build structured processes with consensus of key leaders in the wider organisation.
• Ability to understand and connect business drivers and rationale for and application of those relevant to the Performance management processes.
• Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders.
• Able to quickly establish credibility when representing the Group, presenting a positive, persuasive and professional presence and have an excellent communication, analytical and decision-making skills.
• Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Management accounting and related processes
• Strong ability to understand and prepare financial statements and its drivers and synthesize them into meaningful analyses as required. Develop analysis & interpretations as required to facilitate management decision making.
• Ability to reconcile the intercompany balances and investigate the breaks if any
• Implement process to eliminate inter company breaks in future.
• Experience of having led large teams including senior & experienced professionals.
• A leader, a team player with the management ability and track record to secure the confidence and respect of the peers, stakeholders and the executive management team.
• Ability to culturally orient in diverse & international team environment and lead and inspire multi-disciplinary teams.
• Ability to work effectively under pressure, multi task, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations
Regulatory & Business Conduct
• Display exemplary conduct and live by the Group s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the [country / business unit / function [team] to achieve the outcomes set out in the Bank s Conduct Principles : [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Serve as a Director of the Board of [insert name of entities]
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association
Our Ideal Candidate
• Preferably Chartered accountant or Commerce Graduate with reasonable Understanding of General accounting, Financial and accounting control policies as per Industry Standard with ten plus years of work experience.
ROLE SPECIFIC TECHNICAL COMPETENCIES
• As per JD
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Keyskills :
financesalesltdmisaccountancyboard of directorskeeping things simplemonthly close process