Senior Manager, T&O Finance
2 weeks ago
Job Summary Get AI-powered advice on this job and more exclusive features. About the Job Technology and Operations (T&O) is a 40,000+ employee and $4b cost base organization that provides technology solutions and operational excellence for the bank. T&O Finance function is a dynamic team of 175+ people across multiple locations that supports the T&O organization. This is a business partner role where you will work closely with Tech Domain Leads to deliver accurate and timely insights to support executive decision making, while also maintaining strong financial governance and controls. Key Responsibilities Partner with Tech Domain Leads to deliver cost targets. Budgeting, forecasting and financial analysis of costs, headcount and recharges, highlighting trends and root cause of variances. Cost benefit analysis to support decision making in new business cases or contracts. Ensure proper financial stewardship and alignment with corporate governance standards. Identify bottlenecks in current finance processes and take the initiative to automate and streamline them. Key Stakeholders Tech CFO Head of Tech Finance Tech Heads and Business Planning Managers Program & Technical leads for Technology Simplification T&O Finance 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 business and address inconsistencies to booking to chart of accounts. Design the target state solution and target state processes, with responsibility for prioritization of items and critical path delivery. Drive the establishment of a target operating model and internal capability to support and drive ongoing change / enhancement initiatives. Ensure strong engagement with senior leaders and stakeholders across Finance. Responsible for risk and issue resolution. Build strong relationships with key delivery partners, and ensure efficiencies and synergies are realised across programmes. Build effective communication channels with wider senior finance leadership. Ensure effective governance and project management standards are applied across all delivery responsibilities. High quality written and verbal communication skills, with the ability to focus on multiple initiatives and subjects at the same time. 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. Excellent communication skills and the ability to engage with senior leaders within Finance and outside finance is also a must. The role will have direct engagement with other workstream Leads, GPO’s and senior Finance stakeholders across the Bank. 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, elevate, mitigate and resolve risk, conduct and compliance matters. Other Responsibilities Embed Here for good and Group’s brand and values in TTO Finance BPO team, Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats). Skills And Experience A seasoned Finance Professional with a leading Global Financial Institution. Strong Analytical and Strategic mindset, coupled with a thorough understanding of Performance Management. Ability to understand and connect business drivers and rationale for and application of those relevant to the cost management process. Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders. Experience of having participated in any relevant strategic or finance related projects like Business Efficiency, cost optimisation/reduction projects. Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Management Reporting. Experience of having led large teams including senior & experienced professionals. A leader, a team player with the management ability and track record to secure the confidence and respect of the peers, stakeholders and the executive management team. Ability to culturally orient in diverse & international team environment and lead and inspire multi-disciplinary teams. Ability to work effectively under pressure, multi task, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations. Our Ideal Candidate Bachelors/University degree 12 plus years of experience in financial analysis. Relevant accounting qualification i.e., CPA, CMA, ACCA or Finance MBA 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 skill Experience in Senior Stakeholder Management and Communication. Role Specific Technical Competencies Business Partnering Financial Analysis. Cost Control/ Budget & Forecasting. Change management. 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 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 Some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Seniority level Director Employment type Full-time Job function Finance and Sales Industries Banking #J-18808-Ljbffr
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