R2R Reporting, GFS Africa at Standard Chartered Bank Kenya

The Role responsibilities

Strategy

• Awareness and understanding of the Group's business strategy and model appropriate to the role.

Business

• Awareness and understanding of the wider business, economic and market environment in which the Group operates.

Processes

Financial Reporting

• Maintain Financial reporting integrity and review all data included in the financial reports for accuracy and completeness.
• Perform trial balance and general ledger reviews to confirm appropriate accounting and statement in books based on the above lists.
• Engage with Country Finance team for data reviews and confirmation on posting journals for appropriate rectification and adjustments to ledger data.
• Engage with IFRS reporting team to ensure that reporting actions based on past-quarters’ group queries have been completed and do not recur.
• Perform quarterly analysis of movements in balances, variance and identify business reasons.
• Working closely with stakeholders across Country finance, Business finance and Group Finance teams and manage expectations.
• Perform business review of IFRS schedules - profile and loss, balance sheet and off-balance sheet to confirm expected results are reported in the schedules.
• Complying with all governance requirements - Process metrics review, Service review calls, BCP.
• Coordinate with internal and external auditors to provide timely information and support.
• Building a strong functional and business knowledge in the teams.
• Actively participate in solution design and delivery for new developments such as IFRS 9.
• Assists in recruiting, training, and evaluating employees.
• Developing and implementing continued professional training for employees in partnership with the Learning and Development team.
• Coach, mentor team to build a high-performance team.
• Implement an effective governance process to sustain process standardization and automation.
• Identify unique needs of country and group teams; build a robust service delivery model that does not disrupt the process organization.
• Engage and collaborate with Country and Group teams for process, knowledge and change management.
• Contribute effectively as Scope and GFS Extended Leadership Team for GSSC and GFS initiatives as necessary.

Risk Management

• Proactively communicate with the FORM on operational Risk Issues. Escalate significant events to FORM as appropriate.
• Coordinate and consolidate Operational Risk and loss reporting of the unit for the reporting to the FORM. Ensure data accuracy and completeness.
• Undertake and / or coordinate periodic business monitoring (self-assessment) activities within the business unit and escalate findings or breaches to FORM.
• Assist FORM in the implementation of OR framework or other relevant OR initiatives.
• Ensure that all processes and procedures within the unit are properly documented and continuously updated in DOIs and Process flows.

Regulatory and 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.
• 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].
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Key Stakeholders

• Country Finance teams
• GFS team

Other Responsibilities

• Embed Here for good and Group’s brand and values in Kenya / GFS / R2R Reporting

Our Ideal Candidate

• University degree preferable in Business or Accounting. MBA will be an added advantage.
• 5 - 7 years post qualification relevant work experience in a Financial Reporting role preferably in a financial services industry with specific experience in performing analytical reviews of legal entity / statutory reporting (schedules and data) with business in focus.
• Qualified Accountant is a must - CA, CPA or CIMA (UK)

Role Specific Technical Competencies

• Advanced knowledge of IFRS reporting standards and practices
• Extensive working experience in different financial and accounting systems
• Excellent network building and strong interpersonal skills to work with people from diverse culture and background
• Demonstrates intellectual curiosity of how people, process and systems can perform better
• Demonstrates integrity and professionalism, with the intent to do the right thing at all times
• Ability to multitask and prioritize diverse tasks
• Strong analytical and problem-solving skills
• Excellent attention to detail