Job ID: 27886 Location: Chennai, IN Area of interest: Audit, Accounting & Finance Job type: Regular Employee Work style: Office Working Opening date: 12 Jun 2025 Key Responsibilities Strategy The VP LEC Finance Control role is a key role encompassing Functional & leadership skills within Finance Control delivering Financial Control Reporting responsibilities with Legal Entity and Product segment view by working closely with key partners like Country Finance Teams, Product Control and Operations. Broad areas covered within this role include. End to End ownership for Legal Entity on ledger close and financial reporting and analytics requirements Support building new Operating model for Financial Control function ensuring full accountability with Global Finance Services (GFS) India team and providing partnership and support to country CFO teams. Review to ensure the Integrity, accuracy, and completeness of the GL, detect inconsistencies and review variances and rectify any accounting error prior to book close window. Awareness and understanding of the business, economic and market environment in which the LE operates Identify the underlying risk that exists in Balance Sheet and raise in control & risk forums. Establish & comply with guidelines that will drive decisions around book close & reporting acceleration. Participate in Change forums and provide effective input to design and implementation. Develop and implement agreed Country CFOs support model to enable Country teams in managing respective entities local & group reporting responsibilities. Drive implementation of Bank’s strategic initiatives, shaping the future design of processes and the requirements for the new technology. Strong understanding of business and leadership skills with experience in leading high-performing teams. Business & Processes Preparation of Primary and Secondary financial statements in accordance with statutory and regulatory requirements in timely manner. Support Group Financial and Local Statutory reporting for LE Work with Segment Finance teams and colleagues at Group and product level to provide transparency and analysis on balance sheet drivers, effectively supporting substantiation and control discussions and timely tracking of risks and issues. Oversee Balance sheet substantiation process and remediate any risk and control issues. Own group disclosure notes in compliance with accounting standards adhering control framework. Prepare KRI / KPIs impacting financial and regulatory reporting and run / participate in control & risk forums for LE & Business segments with all key stakeholders. Own & manage ledger close, local statutory and Group financial reporting with utmost integrity and accountability. Be able partner with country and group finance teams. Understand and comply with firm’s accounting policies and controls governance framework. Perform periodic risk control self-assessment for the key controls for Finance Control function. Develop an effective organisation structure, well balanced to achieve Control & Process standardisation and deliver specialist business / functions accounting SME capability. Deliver organisational synergy through CoE's enabling bandwidth to create SMEs to support change delivery and other value-added outcomes. Build high performance Finance control teams driving best in class, optimised controls & SME offerings Drive Centralised and Standardised processes through targeted Transitions and creating optimal Operating model across LE and Product / BS Captions Drive Continuous Improvement in the DNA of the team which delivers efficiency. People & Talent To lead, inspire and motivate the teams ensuring that everyone achieves their potential and that the team delivers its collective agenda Enhance overall culture of the organisation, with improved My Voice scores, through targeted actions Build and execute a People Engagement strategy that encompasses timely & relevant updates as well as social engagement to improve overall employee well being Employ, engage, and retain high quality people, with succession planning for critical roles. Responsibility to review team structure/capacity plans. Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives. Governance & Risk Management Represent Finance Control (GFS) in-Service Review engagements with CFOs, provide management insights and address any CFO level actions from the Review meetings. Act to minimize operational loss and audit failures and take proactive measures to respond to matters arising and identify and manage forward looking risks. Through assignment of direct and indirect reports, establish and maintain an appropriate framework and procedures for monitoring, identifying, measuring, assessing, reporting, and managing compliance, regulatory, financial crime, operational and reputational risks 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. 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’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment Key stakeholders Country and Product CFOs Cluster CEOs & CFOs Group Finance Controller & leadership team Product Control & Operations Finance Accounting & reporting operations GPO and Leadership team Head of GFS Finance Operations and Transformation Group & Country Finance Other Responsibilities Embed Here for good and Group’s brand and values in GFS India – Finance Control; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures Skills and Experience External Financial Reporting Risk & Controls Strategy & Execution Balance Sheet Management Regulatory & Compliance IFRS knowledge Qualifications Education Qualified Chartered accountant with 12+ year experience Languages English Strong understanding of IFRS and Financial Control & Reporting for large global Banks. Strong leadership and interpersonal skills in networking and influencing decisions taken in the business and in infrastructure teams. Experience of working for Finance in GCC set-up with exposure of managing functional responsibilities with end-to-end view and strong stakeholder management skills Should have strong knowledge and understanding of data management, data quality and its linkage in driving business performance management. Strong analytical, operational control management and risk assessment skills. Strong Change mindset, challenges status-quo, drive systems & technology & process changes at large scale. Strong team leadership & development skills to lead a motivated team – with an ability to operate in complex multi-organisation, multi-country and multi-cultural environments. Leverages interpersonal skills to influence others and skilfully build credibility with stakeholders About Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 170 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 Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term What we offer 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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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. Visit our careers website www.sc.com/careers www.sc.com/careers
