Manager, Financial Accounting, Reporting - Kuala Lumpur, Malaysia - Standard Chartered Bank

    Standard Chartered Bank
    Standard Chartered Bank Kuala Lumpur, Malaysia

    2 weeks ago

    Standard Chartered Bank background
    Full time
    Description

    Role Responsibilities

    Business *

    Financial & Regulatory Reporting

  • Prepare account reconciliations, journal entries, data compilation and various general ledger accounts, review against accounting standards and act as liaison with various internal teams, to ensure data accuracy and timely delivery
  • Develop and review financial statements and reports, in accordance to applicable reporting standards, to ensure reports are accurate, compliant, produced on time and disclosures are best in class
  • Prepare and conduct performance analytics, identify variances and find resolutions, to ensure that report submissions are robust and accurate.
  • Prepare and complete audits, prepare responses for submission to address queries about reporting, and liaise with external auditors and Country Finance teams and Regulators to address queries effectively and in timely manner
  • Identify and resolve accounting and (regulatory) reporting issues and complete remediation and restatement work for any returns requiring resubmission
  • Review and document procedures and ensure that desk operating instructions and procedures are up-to-date at all times.
  • Identify trends to improve the reporting process, design periodical, quarterly and annual reports, in line with IFRS, Accounting Policies and financial requirements

    • Processes

  • Accounting Control
  • Ensuring that external disclosure controls and procedures and internal controls and procedures for financial reporting comply with the regulatory reporting requirements.
  • Coordinating and managing audits with external and internal auditors as required.
  • Directing and assisting in documentation of significant business processes that directly or indirectly affect financial reporting and accounting control.
  • Testing processes to verify controls; developing and implementing required corrective actions to strengthen controls.
  • Identifying and evaluating critical risks relating to the organization's financial statement assertions.
  • Assisting management in maintaining compliance with Sarbanes-Oxley requirements.

    • 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.
  • Lead the team to achieve the outcomes set out in the Bank's 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.

    • Key stakeholders

  • Standard Chartered Bank Berhad (BU303) - Conventional banking business
  • Standard Chartered Saadiq Berhad (BU660) – Islamic banking business
  • Standard Chartered Labuan Berhad (BU083) – Offshore banking business
  • SCBMB Trustee Bhd (BU750) – Trustee Services
  • Cartaban (Malaya) Nominees Sdn. Bhd. (BU716) – Nominee services
  • Cartaban Nominees (Tempatan) Sdn. Bhd. (BU718) - Nominee services
  • Cartaban Nominees (Asing) Sdn, Bhd. (BU717) - Nominee services
  • Golden Maestro Sdn. Bhd. (BU329) – Investment holding company
  • Popular Ambience Sdn. Bhd. (BU755) – Special Purpose Vehicle ("SPV")
  • Resolution Alliance Sdn Bhd (BU754) - Special Purpose Vehicle ("SPV")

    • Our Ideal Candidate

    To qualify for the role you must have

  • A bachelor's degree in Accounting, Finance or related field / ACCA affiliate
  • Minimum of six years of work experience in professional services environment
  • Possess accounting technical capabilities and competency related to process improvement, familiar with enabling technology and innovations for finance function
  • Knowledge of new developments in the financial accounting and advisory services capabilities, stay abreast of current business and industry trends relevant to the clients' businesses
  • Completed the designated number of any professional accounting papers ACCA, CPA, CFA/MIA Qualification
  • Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry.