Associate Manager R2r Accounting

Year    Bangalore, Karnataka, India

Job Description


The Role Responsibilities

Strategy

  • 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 by digitization and simplification of process.
Business
  • Effective stakeholder management for respective processes across geographies
Processes
  • Review daily review of trail balance, monitoring of bank balance / reconciliation monthly accounting close process including analytical review of the monthly operating results as per IFRS standards to ensure accurate accounting records are maintained / substantiated.
  • Handle all internal and external audits (EY,GIA) and submission of timely /accurate reports to GFS Operation.
  • Lead project support and timely engagement with GBS Legal and Compliance and co-ordinate with onshore team for obtaining necessary approvals.
  • Expectation would be multiple fold and as individual contributor one has to handle end to end process including substantiation, management of books of accounts, accountings controls and ensuring compliance of regulations, policies and requirements of Venture entities and standalone countries.
  • Leverage process/domain expertise to identify opportunities for quality and process design improvement with new ways of working by holding 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.
  • Creating and implementing policies and procedures to identify, resolve and document accounting / operational issues in addition to creating procedures to make the close and reporting processes more efficient and accurate. Raise relevant risks to delivery by effective communication.
  • Continually reviewing all assigned processes in order to identify opportunities for quality and process design improvement.
  • Preparation of white paper supporting the monthly close process and month end balances and publish timely KPI, MI dashboard for senior management and stakeholders.
  • Ensure that the standards of customer service provided by the function consistently exceed the requirements set under the Service Level Agreements agreed and project assignment by stakeholders.
  • Effectively lead change, manage and escalate risks arising out of transition of new processes.
  • Bring Process Transparency.
Risk Management
  • Highlight delays and related impact considering inter dependencies.
  • Highlight process risk in appropriate forum and timely closure.
  • Provide insights and brainstorm the mitigation measures with respective function leads.
Governance
  • Monitor and 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 including internal / external audits (EY, GIA).
Regulatory and Business Conduct
  • Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Lead the team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.
Key Stakeholders
  • GFS P2P, IM, GPS, R2P, R2R. Onshore Head of Finance - CFO
Our Ideal Candidate
  • Preferably Chartered accountant / CMA ( 10 plus years) or Commerce Graduate with good understanding of General accounting, Financial and accounting control policies
Role Specific Technical Competencies
  • Accounting
  • MS Office
\xc2\xadAbout Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:
  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
  • Time-off including annual, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
  • Flexible working options based around home and office locations, with flexible working patterns
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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Job Detail

  • Job Id
    JD3217049
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year