Financial Controller, Finance, Türkiye
- Recruiter
- Standard Chartered Bank
- Location
- Istanbul, TR/ Hybrid
- Salary
- A competitive salary and benefits to support your mental, physical, financial and social wellbeing
- Posted
- 28 Oct 2024
- Closes
- 19 Nov 2024
- Ref
- 12114
- Approved employers
- Approved employer
- Job role
- Accountant, Accounts payable/receivable, Compliance/risk, Financial controller, Financial planning & analysis, Management accountant
- Contract type
- Permanent
- Hours
- Full time
- Experience level
- Qualified accountant
Job Summary
Financial Controller is responsible for overseeing the preparation and submission of financial and management reports to the Group, ensuring the accuracy and timeliness of these reports. They work closely with business partners and various functional teams, providing financial insights and assisting in performance monitoring and forecasting. The role involves ensuring proper reconciliation between management, financial and statutory reports, as well as maintaining compliance with regulatory and reporting standards such as IFRS. Additionally, the financial controller takes an active role in risk management, identifying and addressing process weaknesses, and supporting the governance framework of the bank. They are expected to lead stakeholder management initiatives, manage general ledger entries and handle special projects while ensuring that all financial processes are aligned with the bank’s code of conduct values.
Key Responsibilities- Preparation and submission of periodical financial and management reporting packs to Group Finance.
- Preparation and submission of periodical budgets and forecasts to respective central teams.
- Provision of Business MIS to various functional teams and assist them in monitoring, understanding, and challenging of business performance.
- Create and implement effective stakeholder management initiatives.
- Acting as maker/ checker of general ledger entries.
- Involvement in various projects and acting as finance representative as per discussions with line management.
- Ensuring accuracy, integrity, and timely submission for all group reporting as well as full reconciliation between management, financial and statutory reporting packs.
- Developing and implementing new procedures to enhance the reporting process as necessary.
- Liaison with GFD regarding new IFRS instructions, group reporting, and resolution of queries subsequent to packs submission.
- Identification of enhancements in current processes and developing and implementing effective solutions.
- Interaction with internal and external auditors and ensure appropriate query resolution.
- Act as cover for the team as needed.
- Effective administration of PSGL and ensure timely and adequate reconciliations with the balances in local system. Ensure that all reconciliation issues are cleared off in a time-bound and effective manner.
- Ensuring appropriate recharges of commissions/ costs due to/from SCB Turkey against offshore locations in line with SLAs.
- Provide oversight to Accounts Payable Process to ensure proper controls are in place for the reliability /efficiency of the process.
- Regulatory Reporting: Preparing and controlling of some reports sent to local Regulators.
- As first line of risk, own and manage the risks within the function and identify, monitor, and escalate risks, conduct and compliance issues to Second Line and Senior Management.
- Adhere to local regulator’s prescribed responsibilities and Rationale for allocation.
- Take the initiative regarding regulatory, reputational, and ethical matters, taking the initiative for providing proactive advice to stakeholders as identified.
- Awareness and understanding of the regulatory framework, in which the Bank operates, and the regulatory requirements and expectations relevant to the role.
- Display exemplary conduct and live by the Group’s Values and Code of Conduct as well as embeding Here for good and Group’s brand and values in Turkey Finance Team.
- Relevant experience of 4 to 8 years in Financial Institutions.
- Bachelor’s degree in Banking, Economics and Finance preferred.
- Qualified Accountant – ACA / ACCA / CIMA
- Strong knowledge of CIC products, as well as a background in financial and management reporting within the financial services sector.
- Advanced knowledge of Microsoft desktop software (i.e. Excel, Access etc)
- Ability to work with minimal supervision.
- Timely and accurate performance analysis and delivery of month end deliverables.
- Good communication with maturity and confidence to deal with senior business management and third parties.
- Strong organisational skills, flexibility with a sense of materiality and decision-making capability.
- Problem solver: looks for solutions and finds ways to progress despite blockages.
- A team player with good interpersonal skills.
- Strong computer skills with experience working in Windows environment (Excel, Word, Power Point).
- Excellent command of English and Turkish (both written and verbal)
This job description provides a high-level review of the types of work to be performed. Other job-related duties may be assigned as required.
About Standard CharteredStandard Chartered Bank is a leading international banking group, with a presence in 57 markets and serving customers in over 120 markets worldwide through our network.
Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
We’re listed on the London and Hong Kong Stock Exchanges.
Standard Chartered has had a presence in Türkiye since 2003, providing corporate and institutional banking products and services to a select number of large multinational corporates and financial institutions. Leveraging Standard Chartered’s vast geographical network, local market knowledge and expertise, our team is able to support our clients with their banking needs across the markets we operate, Europe, America,Asia, Africa and the Middle East.
What we offerIn 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.
Similar jobs
-
New
-
New
-
New