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10.0 - 15.0 years
0 Lacs
chennai, tamil nadu
On-site
As the Legal Entity Controller, you will play a crucial role in building and maintaining the Legal Entity Controller model. Your responsibilities include identifying risks in the Balance Sheet and providing insights to the CFO and Risk committee. You will review the General Ledger to ensure integrity, accuracy, and completeness, rectifying any errors before the book close window. Additionally, you will conduct high-quality reviews of IFRS Financials and disclosures for external publication, ensuring no material misstatements. It is essential to employ, engage, and retain high-quality personnel while implementing succession planning for critical roles. Your role requires a deep understanding of the broader business, economic, and market environment in which the Legal Entity operates. You will collaborate closely with Country Finance and R2R controllers to manage the Financial Controls & Risk function. Ensuring smooth performance of periodic reconciliations and substantiation exercises across the bank, you will escalate exceptions or non-compliance to the department head and Country Finance. To enhance financial controls, you will support day-to-day controls, monitor activities, report significant risks and losses in a timely manner, and ensure the effectiveness of risk mitigation actions. Implementing process controls and compliance measures, you will strive to maintain a robust financial control environment within the Bank. By embedding the Controllership + Reporting model, you will ensure that the end client is at the center of the model, serving its intended purpose efficiently and effectively. Furthermore, you will identify and present Financial & Operational Risks to Senior Management through various Risk FORUMs, such as FORTM, ERC, CORC, and SRM. Your role also involves improving NPS scores, people engagement, and providing timely feedback to the team. Supporting CFO declaration/reduction of Group Queries, implementing the BSS Tool in ASPIRE, and enhancing External and Internal GIA audit grades are key responsibilities. To excel in this role, you must possess proficiency in MS Excel and PowerPoint, along with effective communication, stakeholder management, problem-solving, analytical skills, and a control mindset. Ideally, you should have a minimum of 10 years of work experience in financial control/operational risk functions of FIs or internal/external audit. A CA/CWA qualification is preferred, along with exposure to SAP, PSGL, and TPGL reconciliations. Strong interpersonal and communication skills, experience in liaising with Senior Management, and monitoring financial control measures are essential. Furthermore, you will lead by example, build a culture of appropriate values, provide ongoing training and development for your team, and ensure effective supervision to mitigate risks. Your ability to interpret financial information, identify key issues, and implement appropriate controls is crucial for effective risk management. In summary, as the Legal Entity Controller, you will play a pivotal role in maintaining financial controls, risk management, and governance within the organization, ensuring compliance and effective operations.,
Posted 5 days ago
10.0 - 15.0 years
0 Lacs
chennai, tamil nadu
On-site
As a Legal Entity Controller at Standard Chartered Bank, your main responsibility will be to build and maintain a Legal Entity Controller model. You will be required to identify underlying risks in the balance sheet and provide insights to the CFO and Risk committee as necessary. Ensuring the integrity, accuracy, and completeness of the General Ledger will be crucial, along with reviewing variances and rectifying any accounting errors before the book close window. Your role will also involve conducting high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It is essential to engage and retain high-quality people, with a focus on succession planning for critical roles. You will need to have a good understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers to manage the Financial Controls & Risk function will be a key aspect of your role. In addition, you will be responsible for implementing and monitoring financial control policies, ensuring compliance measures are in place and adhered to. You will also need to embed the Controllership + Reporting model to keep the end client at the center, ensuring efficient and effective service delivery. As a leader, you will set the tone and expectations for your team, providing ongoing training and development opportunities. Monitoring job descriptions and objectives for direct reports, giving feedback, and rewards based on performance will be part of your responsibilities. Your role will also involve interpreting financial information, identifying key issues, and implementing appropriate controls and measures. You will be required to monitor and ensure appropriate change governance across all transformation initiatives and represent the function at governance forums. You will need to display exemplary conduct, adhere to the Group's Values and Code of Conduct, and ensure compliance with all applicable laws and regulations. Collaborating with key stakeholders such as Country Finance and GFS will be essential. To be successful in this role, you should demonstrate proficiency in MS Excel and PowerPoint, effective communication, stakeholder management, problem-solving, analytical skills, and a control mindset. The ideal candidate will have a minimum of 10 years of work experience in financial control or operational risk functions of FIs, internal audit of FIs, or external audit from Big 4 firms. Experience in core financial market operations or Retail/consumer banking operations is preferred. CA/CWA qualifications are preferred, along with exposure to SAP, PSGL, and TPGL reconciliations. Standard Chartered is an international bank that values diversity and inclusivity. If you are looking for a purpose-driven career in a bank that makes a positive impact, we encourage you to apply and be part of our team.,
Posted 1 month ago
10.0 - 15.0 years
0 Lacs
chennai, tamil nadu
On-site
As a Legal Entity Controller, your key responsibilities will involve building and managing the Legal Entity Controller model, identifying risks in the Balance Sheet, and presenting views to the CFO/Risk committee. You will be responsible for reviewing and ensuring the integrity, accuracy, and completeness of the General Ledger, detecting inconsistencies and rectifying any accounting errors before the book close window. Additionally, you will be tasked with performing high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It will be essential to engage and retain high-quality talent with succession planning for critical roles. Your role will also require a strong understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers will be necessary to manage Financial Controls & Risk functions effectively. You will need to ensure that periodic reconciliations and substantiation exercises across the bank are performed smoothly and escalate any exceptions or non-compliance to the relevant stakeholders. Implementing process controls, monitoring activities, identifying risks, and reporting losses will be part of your daily tasks. You will play a crucial role in embedding the Controllership + Reporting model, presenting Financial & Operational Risks to senior management, and supporting various initiatives like SOX implementation, BSS Tool implementation, and internal/external audit improvements. Furthermore, your leadership in people and talent management will be critical to building the right culture and values within the team. Providing ongoing training and development opportunities, setting clear job descriptions and objectives, and monitoring performance against those responsibilities will be essential to ensure effective risk management. You will be expected to interpret financial information, identify key issues, and implement appropriate controls and measures to manage risks effectively. Ensuring compliance with regulatory and business conduct standards, embedding ethics across the organization, and collaborating with stakeholders will be vital aspects of your role. A successful candidate for this position should possess at least 10 years of work experience in financial control/operational risk functions or internal/external audit. Strong communication skills, stakeholder management abilities, problem-solving skills, and a control mindset are necessary. Qualifications such as CA/CWA and exposure to SAP, PSGL, and TPGL reconciliations will be preferred. In summary, as a Legal Entity Controller, you will play a crucial role in managing financial controls and risks, ensuring compliance with regulatory standards, and driving a culture of integrity and ethics within the organization. Your leadership in talent management, risk management, and governance will be key to achieving the desired outcomes and maintaining a robust financial control environment.,
Posted 1 month ago
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