Manager, Balance Sheet Anlys (Finance / Reporting & Analysis / Liquidity & Balance Sheet Mgmt...

Recruiter
Standard Chartered Bank Ltd
Location
Delhi, India
Salary
360000 - 680000
Posted
18 Jul 2018
Closes
20 Jul 2018
Job role
Accountant
Experience level
Manager
Manager, Balance Sheet Anlys (Finance / Reporting & Analysis / Liquidity & Balance Sheet Mgmt / J603)-(1800016809) JobFinance Primary LocationAfrica & Middle East-Sierra Leone-Freetown ScheduleFull-time Employee StatusPermanent Posting Date16/Jul/2018 Unposting Date21/Jul/2018 Introduction 1 Leading the way in International Banking. We support the people and companies driving investment, trade and wealth creation acrossAsia, Africa and the Middle East. And our heritage and values are expressed in our brandpromise here for good.See our Brand and Values We are currently looking for Internal Financial Control The Financial Manager has a key role in implementing and maintaining internal financial controls. Internal financial controls are controls which ensure reliability in financial reporting by providing reasonable assurance that proper accounting records are maintained and the financial information used within the business or for publication is reliable. Key financial controls responsibilities include Ensuring appropriate and adequate General Ledger Controls. Ensuring complete and accurate Regulatory and financial reports Monitoring key financial risk indicators; and Improvement of the overall integrity of financial and control environment Taxation Liaise with Financial Controller, SCB Group Tax, External Tax Consultant and the National Revenue Authority to support the effective management of Bank's tax affairs and the local tax liabilities. Manage compliance with the local corporate, income and other tax regimes (e.g. withholding tax and GST and minimise the burden of taxation on the bank) Manage the banks tax affairs effectively, keeping abreast of the latest development. Operational Risk Management Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure effectiveness of controls for compliance monitoring and risk management. Financial Accounting/Reporting and Information Systems Work with the Financial Controller and the banks internal reporting framework and team in ensuring that the financial reporting and information system meets the minimum standards and reporting needs of the bank, SCB Group, the local regulators and other stakeholders. Ensure that systems are subject to controls which ensure completeness and accuracy of the information they contain Contribute to the overall financial management of information systems (not just reporting requirements) including the planning, budgeting, project approval and execution of the new systems Ensure the smooth implementation of Groups accounting system. Local Regulatory and Statutory Reporting Ensure compliance with the Banks local regulatory and statutory reporting ensuring the following To deliver accurate and timely financial and statistical information to the Central Bank To liaise with Central Bank on issues arising from financial, statistical and other reports to ensure that statutory accounts are drawn up in accordance with local requirements and in a timely manner To submit timely and accurate financial returns which have been prepared using the Group Accounting Policies (or such local variations which have been approved by SCB Group Finance) To submit the annual statement of compliance with SCB Group and International Accounting Policies. To respond efficiently to any queries that may arise. Balance Sheet Management Performs routine balance sheet reporting tasks Monitors management action triggers and escalates action items at country level Contributes to discussions with Group Market Risk, Group Treasury and ALM functions on transfer pricing for new products, stress testing assumptions, sources of funding for balance sheet and inputs for LMC/CMC/GALCO papers Trade Creditor Accounting To ensure authorisation procedures are followed before goods and services are ordered and before creditors or staff expenses are paid. To confirm that expenses are accounted for in the general ledger in conformity with the Banks policy on expenditure. To ensure that there are clearly documented procedures for the initiation, recording and payment of expenses Insurance In liaison with SCB Group Insurance and the support of local management, ensure that information need to administer and renew the Group Insurance Programme is accurately gathered, assessed and communicated to the appropriate authority. Staffing Manage all staffing matters for the development including allocation of duties, training, development, objective setting and annual performance appraisals as it relates to the role of the Financial Controls team. Any other tasks as delegated as far as they relate to the role of the Finance Manager. REQUIRED QUALIFICATION AND EXPERIENCE ACCA qualified or Masters in Accounting or Finance Strong financial and management account background with capacity to work independently and in a team to contribute to the strategic agenda of an organization. Sound knowledge of International Financial Reporting Standards. An eye for detail and accuracy with a strong analytical capability Ability to implement sound internal financial controls throughout the Bank Strategic thinker combined with a high degree of pragmatism. Excellent communication and interpersonal skills and the influence to deal with the broad spectrum of stakeholders both within and outside the bank. Superior levels of judgement are required to assess the impact of business activities on performance. To identify trends early enough to enable effective remedial solutions to be sought; and to facilitate clearer understanding of financial implications for decisions within the Bank Integrity and sometimes courage to challenge the actions of peers Superior level of computer literacy is required

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