At a Glance
- Tasks: Manage financial reporting and support business heads in a dynamic finance environment.
- Company: Join Standard Chartered Bank, a global leader connecting markets across continents.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a diverse team making a real impact in global finance.
- Qualifications: Qualified accountant with knowledge of IFRS and banking reporting systems required.
- Other info: Ideal for self-starters who thrive in fast-paced environments.
The predicted salary is between 48000 - 72000 £ per year.
Job Summary
The role is part of the UK Finance department responsible for UK Statutory Regulatory Reporting and IFRS for the region. It supports business heads, the Regional CEO, and Group functions across our Global footprint, focusing on managing complex business operations within Europe. The position is within the UK Country Finance team, primarily covering UK Bank of England Regulatory Reporting and Treasury Capital business.
Key Responsibilities
- Ensure completeness and accuracy of financial reporting, disclosure, and underlying books of Treasury Capital within Standard Chartered Bank PLC and UK.
- Understand entity-level financial reporting impacts and ensure accurate accounting from group processes.
- Serve as a business partner to Treasury Capital UK and primary contact for product control, operations, tax, regulatory reporting, group finance, audit, and risk.
- Review month-end and quarter-end journals and propose adjustments as needed.
- Monitor system flows and advise on accounting/mapping corrections for reporting to ASPIRE and Operations teams.
- Responsible for balance sheet substantiation for UK Finance owned accounts.
- Track major transactions through processing systems to the general ledger and analyze historic balances.
- Support management of currency positions and group structural net investment hedges, ensuring accurate accounting of monetary transactions.
- Report Foreign Exchange (FX) Profit & Loss monthly to the business.
- Collaborate on the annual Corporate Plan with product control, providing analysis and commentary.
- Work with GFS to produce timely Bank of England Returns for monthly and quarterly reporting.
- Coordinate with B&M, FOT, and Technology for correct reporting, participate in User Acceptance Testing, and escalate bottlenecks.
- Review hedge documentation and provide hedge accounting advice.
- Explain financial movements clearly, demonstrating understanding of underlying drivers.
- Contribute to the Aspire programme for ledger delivery and onboarding.
- Ensure accurate and timely submission of BPC data reports, including external requests and quarterly group reporting.
- Perform other duties as required.
Qualifications and Experience
- Qualified accountant
- Knowledge of IAS 21, IFRS 9, and Bank of England Statistical Reporting
- Experience in financial and management accounting
- Practical knowledge of IFRS and banking reporting systems
- Self-motivated, creative, and capable of managing own agenda
- Excellent interpersonal and communication skills
About Standard Chartered
We are an international bank committed to making a positive impact. We value diversity, challenge the status quo, and seek individuals with purpose-driven careers. Our values emphasize doing the right thing, continuous improvement, and collaboration.
What we offer
Competitive salary, benefits supporting wellbeing, retirement, medical, life insurance, flexible working options, wellbeing support, learning opportunities, and an inclusive culture that celebrates diversity.
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Manager Treasury and Finance Reporting employer: Standard Chartered
Contact Detail:
Standard Chartered Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager Treasury and Finance Reporting
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks and reporting standards mentioned in the job description, such as IAS 21 and IFRS 9. This knowledge will not only help you understand the role better but also demonstrate your commitment and expertise during discussions.
✨Tip Number 2
Network with professionals in the finance and treasury sectors, especially those who have experience with UK Bank of England Regulatory Reporting. Engaging in conversations with industry insiders can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with financial reporting systems and your understanding of FX transactions. Be ready to share specific examples of how you've managed similar responsibilities in previous roles, as this will showcase your practical knowledge.
✨Tip Number 4
Demonstrate your ability to work collaboratively by preparing examples of past teamwork experiences, particularly in cross-functional settings. Highlighting your interpersonal skills will be crucial, as the role involves liaising with various teams across the organisation.
We think you need these skills to ace Manager Treasury and Finance Reporting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial reporting, IFRS, and treasury management. Use specific examples that demonstrate your understanding of IAS 21 and IFRS 9, as well as your ability to manage complex financial operations.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and how your qualifications align with the key responsibilities outlined in the job description. Mention your experience with FX translation and hedge accounting to showcase your suitability for the position.
Highlight Relevant Qualifications: Clearly state your qualifications, such as being a qualified accountant, and any specific training or certifications related to banking reporting systems. This will help demonstrate your expertise and commitment to the field.
Showcase Communication Skills: Since the role requires excellent interpersonal and communication skills, provide examples in your application of how you've effectively communicated complex financial information to various stakeholders in previous roles.
How to prepare for a job interview at Standard Chartered
✨Know Your Regulations
Familiarise yourself with IAS 21, IFRS 9, and the specifics of Bank of England Statistical Reporting. Being able to discuss these regulations confidently will show your expertise and readiness for the role.
✨Demonstrate Financial Acumen
Prepare to discuss your experience with FX translation, interest rate swaps, and hedge accounting. Use specific examples from your past roles to illustrate your understanding and application of these concepts.
✨Showcase Your Interpersonal Skills
This role requires collaboration with various teams. Be ready to share examples of how you've effectively communicated and managed change in previous positions, highlighting your ability to work as a business partner.
✨Prepare for Technical Questions
Expect questions related to financial reporting accuracy and balance sheet substantiation. Brush up on your technical knowledge and be prepared to explain complex financial movements clearly and concisely.