Avp Property Finance Control Ame & Ea

Year    Chennai, Tamil Nadu, India

Job Description


The Role Responsibilities

Job Role

  • Partner with Property finance team to understand and execute strategy, establish a strong accounting and control frame work, and provide inputs on business ask.
  • Work with Property finance including regional and country teams in driving Property strategy.
  • Accountable for monitoring group and regional Property Finance accounting and control activities out of GFS locations (Chennai / Bangalore), including but not limited to Accounting operations, Financial control, Financial Reporting, Lease accounting, planning and analytical support for the Global Property Finance
  • Function in coordination with the respective teams like P2P, Property, Property Partnership, FP & A and Group Planning. This will include migration of related SCB Finance activities from the Property Partnership.
  • Partner Property, Functions Finance, and various GFS workstreams to drive and implement Change Agenda for Property Finance activities including process simplifications, quality improvements, data analytics and new systems (SAP (PSGL replacement) etc), Risk team to ensure controls are compliant to UK SoX.
  • Partner with Property and Functions Finance and work in continuous evolution of operating process, policies and procedures, controls, systems, data and people, alongside development of a clear RACI (Responsible, Accountable, Consulted, Informed).
Strategy
  • Provide strategic leadership on the significant Property Finance Transformation agenda including the centralisation and support the delivery of FTOM for property Finance.
  • Deliver the Finance value proposition to the Property MT with the evolution of New Ways of Working.
  • Monthly monitoring of Accounting, Reconciliation, Reporting requirements where necessary and Substantiation activities.
  • Provide timely Cost closure on a monthly basis to enable Fast close and accurate reporting of Cost.
  • Liaise with P2P, group, regional and Country Finance on monthly basis to ensure the Property cost bookings are in line with Group chart of accounts.
  • Act as a champion and advocate for standardisation and optimisation within the broader finance organisation.
Business
  • Understand the performance, businesses and products and provide supports to the team members for ad hoc analysis.
  • In-depth knowledge of the process and key drivers of businesses performance and relevant key performance measures of Property Function to support the change requirements.
  • Support the agenda for standardisation and centralisation by working closely with Transformation, Transitions and Process Excellence Team.
  • Responsible for E2E Accounting, Reconciliation and Substantiation for Property finance.
  • Provide timely, accurate, complete, relevant, and value-added information on Accounting and controls.
  • Proactively flag risk / opportunities on financial performance / process to help take mitigating actions to achieve targets and provide solutions / suggestions to manage the risk / opportunities.
  • Provide guidance, coordination and support during forecasting, budgeting exercise for data elements to Group FP & A and P2P team.
  • Prepare presentations and other communications for key internal stakeholders.
  • Analyse monthly recharge cost per Business, Support functions and Central Items against their budgets and key monthly movements.
  • Build strong relationships with key delivery partners and ensure efficiencies and synergies are realised across the remit of areas impacted by the delivery.
  • Act as a Business Partner within the Plan to Perform and Global Financial Services organisation, actively contribute to the development of the broader strategic agenda of the GFS.
Processes
  • Establish the target state Accounting processes that will drive standard outcomes by integrating group, regional and country expectations.
  • Build a culture of continuous process improvement, standardisation of procedures, and implementation of a robust control frame work to optimise current state.
  • Bring Process Transparency through ARIS Map.
  • Ensure timely and accurate accounting of Cost, Capitalisation, Addition, Retirement, Write offs and Impairments.
  • Establish standard reports which deliver relevant metrics and KPI enabling timely support and decision making capabilities to management.
  • Quarterly balance sheet substantiation process for Property accounts.
  • Establish monthly forums with Property AM to ensure timely and accurate lease and rental updates to GPMS to ensure correct flow through to SAP CLM for IFRS16 accounting.
  • Manage and deliver ad hoc requests.
  • 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.
  • Manage and deliver ad hoc work.
People and Talent
  • Lead and manage the Team and develop the staff to take up additional responsibilities / different / more value-add roles.
  • Provide support, guidance and direction to the team members and train/ coach them with defined and clear goal based plans.
  • Establish a trusted advisor relationship with the Property, Functions Finance and teams getting impacted with Property accounting and control.
Risk Management
  • Responsible for ensuring adequate operational risk controls are in place within all relevant processes, in line with Group Finance / Country Policies and procedures and UK Sox requirements.
Governance
  • Facilitate and coordinate multiple deadlines, create cohesive teams, and respond quickly to management requests.
  • Adhere to bank / regulatory policies governing data quality and controls.
  • Build good governance by enabling tracking mechanisms for various Metrics for effective / efficient process control improvements, enhancements and simplifications. where appropriate use of A3 to bring process efficiency and reduce the reliance on manual processes.
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
  • CFO Property / Regional Property Leads / Business or Segment CFO / Heads
  • Property Finance Team
  • Property Management Team
  • Finance Management Team, Regional / Country / Business / Functions CFOs
Other Responsibilities
  • Embed Here for good, Group\xe2\x80\x99s Strategy, Brand and Values
  • Perform other responsibilities assigned under Group, R2R, Country, Business or Functional policies and procedures
Our Ideal Candidate
  • Master\xe2\x80\x99s degree holder / Professionally Qualified with Finance and Accounting as major skill or competency.
  • 13 years of Relevant finance experience in Accounting and Control, Finance process re-engineering, and organisation Design.
  • Leadership skills and ability to influence decision making.
  • Ability to collaborate and work on strategic initiatives.
  • Effective communication and excel skills
Role Specific Technical Competencies
  • Microsoft
  • PSGL / SAP
  • IFRS Standards
\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
    JD3246158
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year