Manager Accounting Control

Dubai, United Arab Emirates
18 Mar 2019
30 Mar 2019
Job role

* Ensure proper governance on and adherence to Expense management policies, procedure and standards.
* Supervise activities relating to day to day vendor and non-vendor payments in relation to Bank's expenditure and its accounting in adherence with group policies, procedures and standards.
* Manage GFS team in conjunction with GFS R2P & GFS R2C and ensure that all staff claims, Cross border recharges (CBR) are processed end-to-end in a timely and accurately manner while adhering to Group policies & procedures and as per SLA.
* Ensure proper archiving and safe keeping of all documentation (invoices and supports) in line with the group policies and applicable local laws/ regulations.
* Monitoring and substantiation of Intercompany accounts and Cross Border Recharges.
* Ensure compliance with the applicable UAE VAT (Value Added Tax) laws/ regulations by preparation and submission of VAT returns on timely basis with the support of GCC VAT team.
* Substantiation of VAT accounts and Ensuring timely payment of VAT payable to Federal Tax Authorities within given timelines.
* Optimize the VAT input claims/ credit by ensuring the vendor invoices received are VAT compliant and work with GC VAT team to maximize efficiencies to reduce the VAT liabilities where possible within the legislative framework.
* Ensure proper Fixed assets accounting and recording; maintaining up to date Fixed Assets Register; provide support to financial reporting team in relation to preparation and reporting of Fixed Assets and WIP schedules.
* Support/ assist in cost management and cost accruals based on analysis of unpaid invoices, eProc,
T & E and others
* Attend to all queries, audit & reviews by providing back up supports and evidences with regards to expense policy.
* Ensuring continuous process and efficiency improvement culture is embedded within the Accounting function.
* Actively contribute and participate in group driven ASPIRE project especially working group of Accounts Payable & SCM streams.

People and Talent

* Supervising the AP team, providing on-the-job and other training and ensuring all people related activities are recognized, rewarded in a timely and appropriate manner to retain key finance professionals.
* 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

Risk Management

* Managing risk and compliance within accounting function and ensure a strong & vibrant GL controls and obtain satisfactory rating on any audit/ reviews.
* Ensure timely & accurate substantiation and submissions of accounts under Accounting function ownership and maintain adequate supports with proper evidence.
* Ensure support to GFS Operational risk team in timely performance of KCI / CST checks by providing underlying evidence for the samples under review; preparing action plans; addressing exceptions; assessing, proposing and agreeing residual risk ratings.

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.
* Lead the Finance Operations / Accounts Payable team to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcome for Clients; Financial Crime Compliance; The Right Environment.
* Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.