(KMJ-333) | Manager- Record to close

(KMJ-333) | Manager- Record to close

08 Dec
|
Standard Chartered Bank Ltd
|
Chennai district

08 Dec

Standard Chartered Bank Ltd

Chennai district

Job Description

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.


To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.


We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.


The Role Responsibilities








Responsible for leading the team and supervision of the monthly close process, management of books of accounts, accountings controls and accounting operations processes ensuring compliance of regulations, policies and requirements of the in scope countries/entities.

Manage the process for review and recording of journal entries required to reflect the monthly activity and continuous improvement in productivity to the standards prescribed from time to time.

Continually reviewing all assigned processes in order to identify opportunities for quality & process design improvement

Preparation of white paper supporting the monthly close process and month end balances

Lead the initiative for reduction in manual journals across the bank by doing a deep dive into the various thematic issues and driving the improvement through various measures.

Review monthly accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained

Ensure that the standards of customer service provided by the function consistently meet or exceed the requirements set under the Service Level Agreements agreed with the customers.

Liaise with customers on the periodic review and re-negotiation of Service Level Agreements and any other related performance and quality measures

Ensure effective systems and procedures for the timely collection of data from all accounting sites and their collation and submission to various recipients.

Ensure compliance of regulations, policies & requirements of the in scope countries and reports and raise relevant risks to delivery by effective communication.

Effectively lead change, manage and escalate risks arising out of transition of new processes

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