Manager, Financial Reporting Manager, Financial Reporting …

Standard Chartered Bank
in London, England, United Kingdom
Permanent, Full time
Last application, 20 Jan 20
Standard Chartered Bank
in London, England, United Kingdom
Permanent, Full time
Last application, 20 Jan 20
Standard Chartered Bank
Manager, Financial Reporting
About Standard Chartered
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
  • Ensuring an effective system of internal financial controls are in place to control the UK Business.
  • Ensuring financial/fiduciary reporting obligations are met on time and to a high quality
  • Applying Group accounting policies, standards, procedures and internal control practices across the main UK entity
  • Review legal entity IFRS disclosures to be submitted to Group Finance for consolidation.
Based in London, reporting to The Head of Financial Reporting, UK Business, the role includes the following:

Relationship Management
  • Establish partnership relationship with peer group across the SCB network.
  • Coordinate with all relevant business partners, i.e. Global Finance Services (GFS), CIB Finance, Product Control, Group Finance (GFD), UK and Group Taxation on key processes/activities
  • Liaison with GFD regarding new IFRS instructions, group reporting, and resolution of queries subsequent to packs submission.
  • Develop good working relationships with external and internal audit teams
  • Participate in country and business projects when required.
  • Display role model behaviours and build credibility through demonstration of SCB's values; courageous, responsive, international, creative and trustworthy.
Operational Controls Management
  • Ensure necessary financial processes and controls are in place to ensure reporting of revenue, cost and balance-sheet is timely and accurate for Loans, Deposits, Derivatives, Contingents and Interest booked in the UK u sing the general ledgers as the primary source.
  • Ensure full reconciliation between management, financial and statutory reporting packs
  • Provide substantiation sign off for Finance owned accounts.
  • Ensure compliance with generally accepted accounting principles and practices, Group Accounting Manual and other regulatory accounting guidelines.
  • Assist in establishing and maintaining a standardised financial reporting and controls structure in the UK.
  • Challenging current practices and procedures and developing and implementing effective changes.
  • Thorough review for the reports/analysis prepared by GFS
  • Review substantiation of Intercompany accruals and other reporting adjustments.
Analytical Review
  • Ability to explain movements in financial balances clearly and succinctly demonstrating an understanding of the underlying UK unit function.
  • Be able to track major transactions through the TPs to the G/L

Our Ideal Candidate
  • Degree level education or equivalent
  • Qualified accountant
  • Proven ability in financial and management accounting
  • Current theoretical and practical knowledge of IFRS and its implications on reporting
  • Prior experience of working in Product Control is desirable but not essential
  • Practical experience with banking reporting systems and tools is desirable but not essential
  • A self-starter and creative thinker with the ability to set and manage their own agenda with the overall UK Country Finance Agenda
  • Excellent interpersonal and communication skills with the ability to drive change effectively with staff of all levels

Apply now to join the Bank for those with big career ambitions.