Finance Officer

RESPONSIBILITIESStrategyAwareness and understanding of the Group's business strategy and model appropriate to the roleBusinessOperational Control (Financial Control)ProcessesResponsible for managing and controlling various general accounting functions, regulatory reporting, treasury reporting, financial control tasks and Tax filing.(A) General accounting and financial reportingEnsure accurate recording of transactions and that entries are posted in PSGL within group timeline.SC Grindlays (BU 370) (e.g., dividend-related journals, equity accounting entry)Request for creation of GL accounts and departments and enabling of chart field combinations, as required for journal entry postingReview and approve finance reconciliation / balance sheet accounts substantiation for SCB Australia and SC GrindlaysRequest quarterly trial balance of SCB Nepal for IFRS reporting purposes(B) Regulatory ReportingBeing aware of regulatory reporting changes and ensure that any regulatory reporting changes are implemented and reflected in the returns submitted.Ensure accurate preparation and timely submission of APRA monthly and quarterly returns and quarterly Australian Bureau of Statistics (ABS) surveys and that returns/surveys submitted to regulatory bodies are reconciled to financial booksAssist in responding to queries raised by APRA/ABS regarding submitted returns.Update the APRA regulatory register maintained by Finance team(C) Treasury ReportingEnsure accurate preparation and timely submission of Treasury reports including NSFR, LCR, MCO, MWS, Market Risk reportsAssist in coordinating with GFS support team(D) Intercompany Process (Project Sydney)Coordinate closely with HR, finance teams in respective counterparties and booking teams in GFS to ensure that TP cost recharges of staff costs are correctly accounted for and recorded in a timely mannerCoordinate with GFS-R2R Intercompany team to ensure that correct chart fields are used for the settlement entries and all entries are posted in a timely manner and related balance sheets accounts are cleared for Project Sydney StaffLiaise with GL team to create Cost Centre and LM liaison for Project SydneyInvestigate and assist in clearing of intercompany breaks in coordination with counterpartiesReview and approve FCS substantiation on newly created ABDOs related to the projects(E) Financial ControlReview and approve balance substantiation for some balance sheet accounts in FCS for SCB Australia and SC GrindlaysPerform ORF KCI testing and submit test results in M7 for Tax and Regulatory reportingEnsure timely preparation and updating of DOIsEnsure that appropriate controls are in place consistent with Operational Risk Guidelines, Group Policies and Procedures(F) Treasury Market Business Finance/ BSMBudget submissionP&L variance analysis and investigationPrepare DLRR reportingFTP implementation – policy, reporting and recurring adjustments(G) OthersManage the relationship with Global Business Services (GBS) teams, monitor their performance and provide feedback by attending monthly dashboard and service review callsPrepare audit requirements and handling of auditor queriesActively participate and be involved in various projects undertaken by the Bank (e.g., roll-out of group processes/initiatives, implementation of new systems)Prepare for ORF KCI testing for Regulatory ReportingRespond to queries from the group (e.g. intercompany queries, balances in accounts reported, etc.)Identify process improvement initiative and setup processes and systems to help the team perform the job better and fasterPeople & TalentGood Team PlayerRisk ManagementReview and improve FCS process.Support Country Finance and GBS Teams in sample testing.Setup processes and systems to help the team to perform the job better and fasterGovernanceOversight on the finance control activities, monitoring suspense account, review of Journal summary report etc.Manage the relationship with the Shared Service Centres, monitor their performance.Respond to queries from the group on variance analysis in relation to FCS substantiation and controls.Monitoring regulatory developments and assess the impact from regulatory reporting perspective.Regulatory & Business ConductDisplay 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.Key StakeholdersCFOCountry Finance TeamOperation TeamGBS/GFS teamsOther ResponsibilitiesEmbed Here for good and Group's brand and values in Australia Finance;Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures;Ideal Candidate2+ years of experience in either Finance or BankingBanking Products knowledgeBank's Liquidity Knowledge such as LCR and NSFRGood stakeholders management skillQualificationChartered Accountant or CPA by QualificationRole Specific Technical CompetenciesOracle People Soft suitesMicrosoft suitesAccounting standards and regulationsAbout Standard CharteredWe'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 doNever settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so wellAre better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termWhat 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 toolkitsA 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 AssessmentsSome 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.For further information, and to apply, please visit our website via the "Apply" button below.
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