Vice President - Financial Control - BFSI

Key Accountabilities

Technical accounting specialist working closely with others with expert knowledge responsible for providing advice, guidance and support in the following areas:

- Review and approval of new transactions and new products including contributing to transaction development. This includes transactions by The Client (purchases, disposals, investments of businesses etc) and those entered into with and for clients. Requires obtaining a full understanding of the business rationale and transaction economics then applying to each element of the transaction the appropriate accounting requirements as per the relevant internal and external standards.

- Support for the design and delivery of technical accounting training materials to Finance colleagues, other support functions and front office. TAG materials reflect the current accounting requirements but are accessible and relevant to recipients, using examples in the appropriate context. Delivery of training requires high standard of presentation skills.

- Accounting issues management and resolution working across different businesses/areas of the banks and engaging multiple stakeholders. Requires strong networking and influencing skills to develop suitable relationships as well as strong communication and presentation capabilities to contribute effectively in meetings.

- Implementation of new accounting standards and review and remediation as required for application of existing requirements. Demands ability to engage with colleagues in other functions to ensure that the new technical requirements are capable of being translated and implemented within The Client systems.

- Oversight of technical accounting compliance for The Client external reporting under quarterly timetable and other ad-hoc reporting.

- The exact nature and degree of involvement in each of the above activities will be tailored to the individual who joins the team and will depend on their experience and preference relative to other team members. In all the activities, the AVP will benefit from the close supervision and support of TAG colleagues, in particular the Vice Presidents and Directors within TAG, one of whom will be their day-to-day line manager. As with all other TAG members, their activities will change over time to ensure they are exposed to a broad and varied range of technical issues with a view to building out their experience and expertise.

Stakeholder Management and Leadership

The candidate will need to evidence an affective and proven team-working ability which is essential to ensure suitable collaboration and positive interaction with stakeholders as well as downwards and upwards management skills.

The successful candidate will cooperate with a wide range of stakeholders from different areas of the bank and different levels of seniority including:

- other TAG members;

- colleagues from other areas of Finance, in particular, Financial Control, Product Control, BP&A, Business CFOs, O&T Finance, CRES and other

- Business stakeholders

- New and Amended Product Approval (NAPA) Team

- Change Teams

Decision-making and Problem Solving

The role requires ability to analyse accounting aspects of products, transactions and accounting issues, consideration of available options and proposing of appropriate advise and/or solution. Accordingly decision-making and problem solving skill are critical to be successful in the role.

Risk and Control Objective

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, The Client Operational Risk Framework and internal Client Policies and Standards