Needs to and be aware of the understand the Group’s Strategy (looking at the big picture) and able to imbibe that into the work that is being delivered.
Business
Needs to and be aware of the understand the Group’s Strategy (looking at the big picture) and should be able to relate to it.
Processes
Responsible for monthly close process, 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
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
Manage and update on Period Close Accounting and Control activities across SCB.
Ensuring that continuous efficiency improvement in FARO activities and an established process exists to constantly identify and implement improvement opportunities.
Ensuring All ABDO are mapped into the correct preparer and approver. Unmapped ABDO to be escalated in the correct forums like FORTM and country finance escalation process
Preparing the monthly MI providing the status of the substantiation to senior management.
All unowned ABDO are escalated and ensure closure by arriving at the correct preparer approver
All ABDO is substantiated following all audit assertions in the system validating the supporting documents with adequate reconciliation leaving only the open items with correct ageing and action
Follow up with the approver
📌 Associate Manager (Chennai)
🏢 Standard Chartered India
📍 Chennai
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