Job Description

The Role Responsibilities

Job Role

• Calculation of monthly / quarterly accruals for various revenue or cost allocation processes.
• Routine calculation of accruals for more than 70 countries for allocation.
• Preparation of various working files and spreadsheets to facilitate the process.
• Preparation of various country support working files for various countries across the countries.
• Proactive involvement to facilitate process efficiencies by standardising / streamlining processes.
• Attending periodic calls with stakeholders for sharing updates and resolve issues if any.
• Attending calls with countries to address their queries and to educate them with any process change.
• Liaison with various input providers within FSSC as well as with country finance teams for inputs to facilitate the calculation.
• Liaison with the Interco team for advising the entries.
• Assisting in the testing phase of automation by performing a parallel run and identifying the gaps.
• Participating in learning and training activities.
• General administrative support to finance teams.

Strategy

• Understanding Group\xe2\x80\x99s Transfer Pricing Policy, Procedure and Guidelines.

Business

• Understanding the implementation of Transfer Pricing guidelines across all the SCB entities.

Processes

• To adhere the timelines followed for preparation of Cost and Revenue accruals along with automation support and attending country queries.

People and Talent

• To understand and support the requirements of country finance and country tax requests and attending audit queries / FCS queries / FORTM calls within the given TAT.

Risk Management

• Failure to understand the rules will result in double taxation for the group.

Governance

• Ensuring the timelines for preparing monthly accruals and sending the advise to beneficiary entities; follow up with country tax and regional tax leads for dispensation request and preparation of cost matrix for all the recharges which will ensure the strict governance around all the recharges from the group to countries.

Regulatory and Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
• Lead to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Key Stakeholders

• Global Head, Transfer Pricing and Country Tax managers

Other Responsibilities

• Determine ways in which manual processes can be automated or made more efficient.

Our Ideal Candidate

• CA, ICWA, MBA Finance, Masters in Finance and Accounting with minimum 2 - 3 years of experience in Tax and Transfer Pricing

Role Specific Technical Competencies

• Good understanding of general tax and TP principles
• Accounting treatment of taxes
• Fair knowledge of intercompany transactions
• Strong reconciliation skills

\xc2\xadAbout 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 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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