Finance Officer

RESPONSIBILITIES

Strategy

• Awareness and understanding of the Group's business strategy and model appropriate to the role

Business

• Operational Control (Financial Control)

Processes

• Responsible for managing and controlling various general accounting functions, regulatory reporting, treasury reporting, financial control tasks and Tax filing.

(A) General accounting and financial reporting

• Ensure 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 posting
• Review and approve finance reconciliation/balance sheet accounts substantiation for SCB Australia and SC Grindlays
• Request quarterly trial balance of SCB Nepal for IFRS reporting purposes

(B) Regulatory Reporting

• Being 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 books
• Assist in responding to queries raised by APRA/ABS regarding submitted returns.
• Update the APRA regulatory register maintained by Finance team

(C) Treasury Reporting

• Ensure accurate preparation and timely submission of Treasury reports including NSFR, LCR, MCO, MWS, Market Risk reports
• Assist 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 manner
• Coordinate 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 Staff
• Liaise with GL team to create Cost Centre and LM liaison for Project Sydney
• Investigate and assist in clearing of intercompany breaks in coordination with counterparties
• Review and approve FCS substantiation on newly created ABDOs related to the projects

(E) Financial Control

• Review and approve balance substantiation for some balance sheet accounts in FCS for SCB Australia and SC Grindlays
• Perform ORF KCI testing and submit test results in M7 for Tax and Regulatory reporting
• Ensure timely preparation and updating of DOIs
• Ensure that appropriate controls are in place consistent with Operational Risk Guidelines, Group Policies and Procedures

(F) Treasury Market Business Finance/ BSM

• Budget submission
• P&L variance analysis and investigation
• Prepare DLRR reporting
• FTP implementation - policy, reporting, and recurring adjustments

(G) Others

• Manage the relationship with Global Business Services (GBS) teams, monitor their performance and provide feedback by attending monthly dashboard and service review calls
• Prepare audit requirements and handling of auditor queries
• Actively 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 Reporting
• Respond 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 faster

People & Talent

• Good Team Player

Risk Management

• Review 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 faster

Governance

• Oversight 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 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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• CFO
• Country Finance Team
• Operation Team
• GBS/GFS teams

Other Responsibilities

• Embed 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 Candidate

• 2+ years of experience in either Finance or Banking
• Banking Products knowledge
• Bank's Liquidity Knowledge such as LCR and NSFR
• Good stakeholders management skill

Qualification

• Chartered Accountant or CPA by Qualification

Role Specific Technical Competencies

• Oracle People Soft suites
• Microsoft suites
• Accounting standards and regulations

About Standard Chartered

We'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 do
• Never settle, continuously striving to improve and innovate, keeping things simple, and learning from doing well, and not so well
• Are better together, .