Specialist, Tax Reporting

Year    Chennai, Tamil Nadu, India

Job Description

About 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.

The Role Responsibilities

DEPARTMENT OVERVIEW

Group Tax & Risk Reporting team serves the Group Tax in UK which is responsible for the Tax Notes published in the Financials and other Tax numbers and Exposures reported at Group level

JOB PURPOSE
  • Provide Tax Reporting, Forecasting and Risk Reporting support to the Group Tax team as detailed below;
KEY RESPONSIBILITIES
  • Review/Query of current tax and deferred tax calculations submitted by countries during Quarterly IFRS reporting cycles to assist Group Tax to report accurate tax numbers in the Financials.
  • Prepare/update Regional Reconciliation based on the query & Analysis done as above.
  • Collect and Review Tax Forecast Submission by countries and prepare ETR reports.
  • Review of Quarterly Tax Risk Reports submitted by the countries and prepare Tax Exposure Reports and slides for Tax Risk Committee.
  • Collation and gathering of evidence for Tax Processes related KCI/CST checks.
  • Data quality assurance of inputs for Tax Processes related KCI/CST checks
  • Sampling as per the KCI/CST definition in line with Potential failure and Control descriptions.
  • Support Group Tax and Tax CoE team on various reports required from time to time.
Process and Service Management
  • Identify opportunities to remove process waste, engage in standardisation of various reporting packs and encourage, drive and support automation initiatives thereby reduce / remove the non-value adds in the process.
  • Establish robust control and governance on the process
  • Drive productivity and achieve cost efficiencies through continuous improvement initiatives.
  • Drive a culture to capture appropriate metrics for tracking actual hours/ standard hours/ errors etc
  • Ensure detailed documentation is maintained and is kept up to date for all processes
Our Ideal Candidate
  • University degree preferable in Finance or Accounting plus professional qualification such as CA, CWA or MBA Finance with at least two years' experience in tax and accounting environments.
Role Specific Technical Competencies
  • Basic knowledge of accounting terminology and concepts and ability to apply the rules of accounting and double entry bookkeeping. Good understanding of general tax principles and accounting treatment for taxes- current and deferred tax
  • Demonstrates reasonable understanding of financial control function / Policy to be able to highlight issues involving Financial / Operational Risk.
  • Highlights probable process improvement areas and any activities which may have a scope for enhanced review procedures.
  • Should be good at excel (spreadsheet).
  • Team player and ability to adapt to challenging and dynamic work environment. Good communication and Stakeholder engagement skills.
  • Initiative and proactive thinking.
  • Excellent written and oral communication skills.
  • Effective Analytical, communication and presentation skills
  • Relationship and stakeholder management skills.
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Job Detail

  • Job Id
    JD2952962
  • 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