Senior Finance Manager

Roles & Responsibilities

Job Summary

The Financial Management & Control team looks after business continuity in Technology Finance, including provision of Finance Business Partnering support and Central technology management across the entire technology estate.

Cost Simplification Programme is a Bank wide initiative funded by Fit For Growth. This initiative aims to simplify, elevate and transform the efficiency and effectiveness of cost management processes in the bank –through simplifying, standardising, and digitising performance management activities relating to costs and redesigning processes to enable front to back visibility of profitability across multiple dimensions, directly correlated spend to cost drivers and business activities. This sets the foundation for product level costing which will enable better frontline pricing decisions, as well as greater cost ownership across the firm. We will leverage technology to scale this capability and transform how costs are consumed and managed (amplifying the ethos of Fit for Growth) via sustainable cost containment, transparency and management across the Bank.

RESPONSIBILITIES

You will be joining the Financial Management & Control team, comprising of highly motivated individuals who are great collaborators, innovative in identifying efficient ways of working, are empowered to make decisions and take accountability for their actions. You will also support and enable SMEs to jointly drive the Cost Simplification programme agenda.

You will be responsible for assisting Global Finance Business Partners to drive good financial framework supporting solid P&L management, standardisation of practices and procedures, simplification of cost allocation and recharge, implementation of new Finance tool(s) and to ensure continuity in the execution of day-to-day finance activities.

To succeed in this role, you are expected to:
• Gain knowledge of cross functional practices and systems
• Drive establishment of target operating model and internal capability to support and drive ongoing change / enhancement initiatives
• strategize, facilitate & improve efficiency in delivering changes in a complex environment with internal and external stakeholders

Key Responsibilities

You will bring together expertise in domains like General Ledger, Allocation Principles, Accounting exposure, Product Control, Business Finance Reporting, Reallocations, PaPM and Data (as appropriate) to:
• Ensure clarity of objectives agreed with the line manager and are broken down to tasks with regular updates to the line manager.
• Responsible for managing deliverables throughout the project lifecycle collaborating with various project/program teams, stakeholders, finance stakeholders across geographies, process and technology teams
• Ensure effective governance and project management standards are applied across all delivery responsibilities, including prioritisation and management of critical path delivery
• Ensure detailed documentation is maintained on the Business Requirement & Functional Specifications
• Responsible for highlighting risk and issue resolution. Making sure we provide best solution which is most effective from User, Cost and Risk Perspective.
• Ensure comprehensive and well-structured test plans are created and co-ordinate Test data/Environment with upstream/downstream teams.
• Run detailed project transition plan including Resource Considerations, Operation Manual and End User Training
• Act as primary contact point with other Change and BAU leaders across the organisation to identify and resolve blockers to project success

The role requires very strong change management experience along with a background Core Finance function.

Excellent communication skills and the ability to engage with senior leaders within Finance and outside finance is also a must, the role will be reporting into the Head of Finance, Technology to ensure continued day to day finance support and will also have direct engagement with other workstream Leads, GPO’s and senior Finance stakeholders across the Bank.

Other areas of responsibilities include:

Governance & Policy: Clear accountability matrix to drive and influence cost behaviour that are RoTE accretive. Redefining cost lines and ownership based on cost type and influenceability to align with performance management framework. Have an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.

Process Improvement: Simplifying, standardising and automating cost booking model, allocation processes and reporting framework across countries /business units / segments to reach a harmonised and centralised one firm approach, light to No-touch processes flows, enabling front to back visibility of costs for CIB and WRB business and address inconsistencies to booking to chart of accounts.

Technology and Data: Adoption of Enterprise Solutions by rationalising and consolidating applications to reduce technology and support cost: licensing, hardware and maintenance support. Establishing a centralised cost driver database for single source of data and data lineage across a refined number of cost keys, capturing financial and non-financial data to enable automated allocation keys and driver based insights, linking directly to the P&L.

People: Creates capacity in the cost teams to move away from data collation/reconciliation to driving insightful analytics through greater access and consistency of quality data

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.

Risk Management

• Ability to interpret the firm’s financial information, identify key issues based on this information and put in place appropriate controls and measures. Ensure compliance with Group Accounting Principles and practices, Financial Control policy, and other regulatory accounting guidelines.

Key stakeholders
• CFOs of respective Technology Domains
• COO, CIOs and Heads of respective Technology Domains
• Cost Simplification Programme Team

Our Ideal Candidate

· 10+ years of experience in Banking and Financial Services in more than one core Finance functions; Ledger, Consolidation, Financial and Management Reporting, Cost allocations and transfer pricing, planning and performance management; Master Data Governance, Supply Chain management and Tax reporting.

· Techno Functional knowledge and experience in implementing and or working with SAP suite of products like S4 HANA, PAPM, BPC, MDG, Ariba, Concur, etc

· Change experience on implementation of finance technology solutions

· Experience in establishing and delivering large scale change initiatives within Finance.

· Core Project Management skillsets including Planning, Risk and Issue Management etc

· Strong skills with core Business Analysis toolset and techniques

· Able to design processes at both a conceptual and operational level

· Strong background in problem solving, with demonstrable analytical skills

· Experience in Senior Stakeholder Management and Communication

· Proven track record delivering cost efficiencies and productivity.

· Strong familiarity with the bank’s financial systems and control frameworks

· Academic or Professional Education/Qualifications:

· University educated

· Qualified Accountant i.e. CPA, CMA, ACCA.

Role Specific Technical Competencies

· Exceptional stakeholder management capabilities, with the ability to build trust and creditability with senior stakeholders.

· Strong analytical skills, using advanced quantitative techniques and modelling tools, with ability to conceptualize and develop proof of concept frameworks, scenario analysis and business cases.

· Strategic thinking with commercial acumen and independent thought.

· Knowledge of cost recharge frameworks and familiarity with unit pricing models.

· Excellent communication and influencing skills with gravitas and executive presence.

· Strong awareness of the external and internal business environment and competitor landscape.

· High integrity, with a strong sense of independence and accountability.

· Ability to independently, in a fast-paced environment, under tight deadlines with high attention to detail and accuracy.

· Innovative and resourceful – ability to adopt new methodologies and navigate the network to resolve business issues, manage risks and complexities.

· Inquisitive, self-starter with a ‘can-do’ and continuous improvement mindset.

· Team player who facilitates the sharing of knowledge, and work collaboratively in the team.

· Familiarity of SCB Finance systems and processes.

· Proficient in MS Tools (Excel, PowerPoint).

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, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In 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 toolkits
• A 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 Assessments

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Visit our careers website www.sc.com/careers

Tell employers what skills you have

Analytical Skills
Financial Management
Issue Management
Business Analysis
Transfer Pricing
Problem Solving
CPA
Data Governance
SAP
Accounting
Project Management
Process Management
Financial Analysis
Communication Skills
Banking
Financial Analytics
Finance
Tax Reporting
Stakeholder Management
Financial Reporting

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