Job Description

Roles and Responsibility
Background:

• Programme Aspire is a multi-year investment programme to transform Finance to a global target model. This involves investment to replace the infrastructure, and move to a more centralised, standardised, and automated business model. This will enable faster processing, easier and more frequent access to information, at lower levels of cost.
• As part of this programme, SCB is currently undergoing a comprehensive transformation which includes developing a new organisational and operational approach to Finance. The core of Aspire requires a modern technology infrastructure and data capability - SAP has been selected for Finance and Supply Chain (S/4 HANA and Ariba); SAP for the unified data store (Finance & Risk Data Platform - FRDP); and the upgraded Moodys platform (Risk Confidence) for specific Treasury applications. It will result in a cloud-based single instance general ledger and a detailed, granular data store that is shared with the Risk function. This will enable faster monthly close and daily reporting, centralised regulatory reporting capability, self-service MIS, and automated controls.
• The Change Lead role in India will play a critical role as a member of the Aspire Core Finance Change CoE responsibility for the end-end solution delivery of core finance change projects across core finance functions including Finance functions; Ledger, Consolidation, Financial and Management Reporting, Cost allocations and transfer pricing, planning and performance management; Master Data Governance, covering a range of integrated SAP products like S4 HANA, PAPM, BPC, MDG, etc

Key Responsibilities:

• The Core Finance Change Lead- will:
• Drive PSGL Remediation programme to move from People Soft GL to SAP suite of applications.
• Align the delivery and integration model in line with the overall Country GL implementation plan
• Enable various squads in implementing the initiatives within PSGL Remediation Programme.
• Proactively handling problems and making decisions based on the understanding of critical issues and priorities
• Responsible for the overall design to implementation plan and tracking it to completion
• Support project teams in integrating change management activities throughout the project plans.
• Ensure testing standards are as per project requirement and appropriate follow up action taken on the defects
• Ensure group standards are maintained with the correct level of due diligence and control considered as part of programme documentation
• Responsible for process designing, configuring and development in SAP
• Accounts Receivable
• Accounts Payable
• Asset Accounting
• Cost Accounting
• Profitability Analysis
• General Ledger and sub ledger
• New GL
• House Banking, DME and Electronic Bank
• Dunning process
• Direct Taxation, Indirect Taxation, Tax Judication, Tax Procedure and Tax condition
• REFX, IFR16 and Special ledger reporting
• Forex Revaluation and Reporting
• Review, reconcile and analyse aspect of the month end financial statement, inclusive of reconciliation, accruals, allocation , revenue downloads , prepayment and variance analysis and Forex revaluation Reporting
• Build financial reporting and analysis including budget, forecasting, working capital, group reporting , Should have good knowledge on interface , tables , EDI and IDOCS
• Responsible for overall readiness from end to end testing - building test strategy, test business preparation, test execution, training to UAT users, Defect Fixing in for testing cycles such as UT , SIT and UAT
• Preparation of test scripts with link to requirement & preparation of regression test scripts
• Execution of the (regression) test scripts and provide Functional/User Acceptance testing on behalf of Business for minor changes
• This role requires strong techno functional design skills along with core FICO experience in implementing Ledger and Sub Ledger in SAP S/4 HANA technology platforms .
• Involved in solution design and delivery across multiple SAP products (S4 HANA, BPC, MDG, etc) covering multiple core finance functions including Ledger, Consolidation, Master Data, Financial and Management Reporting.
• Enough technical knowledge to eliminate reliance on deep subject matter experts to conduct initial impact assessments, define priorities and route tasks to the appropriate competencies
• Responsible for managing deliverables throughout the project lifecycle, collaborating with various project/program teams, stakeholders; finance stakeholders across geographies, process and technology teams.
• Evidence of strong Change Management skills, enabling the delivery of multiple diverse data initiatives from inception to delivery
• Excellent business and technical process design and execution skills, enabling the effective execution of a change
• Primary contact point with other Change and BAU leaders across the organisation to identify and resolve blockers to project success
• Responsibility for prioritisation and management of critical path delivery items
• Design the target state Technology and target state processes
• 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

Regulatory & Business Conduct

• Display exemplary conduct and live by the Groups 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

• Aspire Core Finance Leadership team
• GL Country Governance leadership team
• Head of GCFO Change and Strategic Transformation
• Finance Operations and Transformation Management Team
• Other Stream leads in the ASPIRE programme (Data, Consolidations, Finance, Treasury)
• GPOs for Data, R2R, P2P, BSM
• Head, Group Regulatory Reporting
• Country, Region, and Segment CFOs
• Finance Technology team.

Our Ideal Candidate
Required:

• Bachelors degree with Charted Accountant/MBA/ICWAI with 12+ years of experience working within financial services.
• Expert level domain experience/Subject Matter Expertise in Finance, General Ledger, and Reporting
• Hands on experience on Cost Accounting, Cost Centre Accounting (CCA), Internal Order analytical and functional skills to support and configure
• Experience in implementation of different calculation and on boarding of those calculation in existing environment.

Good to Have:

• Strong background in Banking Financial terminology and respective configuration in SAP S/4 HANA FICO area.
• At least four end to end implementation experience in SAP FICO preferably in Banking financial sector
• Hands on experience on configuring SAP S/4 HANA Financial Accounting Modules along with good functional skills to support customised reporting
• In depth knowledge and experience of configuring FICO different business functionalities in SAP S/4 HANA
• Exposure to PAPM and BPC integration will be an added advantage

Role Specific Technical Competencies

• Experience in managing reporting process and systems or a sub ledger environment (preferably with SAP technology).
• Strong management skills and experience of agile methodologies in project implementation role
• Previous experience in defining and implementation of strategic target operating model within the financial services sector
• Excellent stakeholder management skills and collaborative mindset
• Good understand of cross-border cost accounting best practise.
• Excellent Product Knowledge across all domains from Retail to Financial Markets.
• Able to define and implement robust control frameworks and understands operational risk frameworks.
• Broad understanding of numerous Finance areas including regulatory reporting and Treasury
• Business analysis mindset with an extensive track record in solving problems and troubleshooting issues.

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• 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, parental/maternity (20 weeks), sabbatical (12 weeks 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.

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