Senior Finance Manager - T&O

About the job

Job Summary • New role to support the development of service pricing framework, developing processes to enable traceability of Tech Cost in the event separability (requirements for Phoenix & Mitto). • Extension of Cost Simplification efforts breaking down Tech costs to sub products to enable compliance. Key Responsibilities Business • Provide support to Tech CFO & Head of Tech Service Pricing developing framework, systems & process to ensure cost transparency meeting the requirements of separability for Bank-wide Technology costs. • Partnership with program office to ensure a future ready target state. Processes • Performance Management and Decision Support • Support the establishment of Service Pricing for the Technology Function in line with the strategic agenda of Technology. . • Establish a framework to manage end to end recharges, including Tech Services & passthroughs for end user services, providing end to end cost transparency in line with key regulatory requirements to enable separability. • Lead the engagement with Tax & Technical Accounting to ensure compliance with reporting requirements in the target state. • Support the framework to enable unit-based pricing for technology, developing unit rates and enabling dynamic demand forecasting. • Create flexible pricing structures to support new product launches, bundles or service innovations. • Thorough understanding of the underlying cost drivers and conduct regular deep dives to identify and validate cost opportunities. • Implement insightful and predictive analysis to provide enhanced financial transparency and understanding of the cost base. • Support development requirements for PAPM to establish Bill of IT & maintain pricing tools & reporting for Technology Service Owners to enable compliance with regulatory framework of Phoenix & Mitto. Financial Control • Maintain appropriate policies and procedures which govern Service Pricing to ensure that the cost budgets are rigorously adhered to. • Management of cost processes relating to the Technology Service Pricing, including cost recharges and accounting treatment. • Support improvements to the Tech recharge framework, moving to consumption base / unit cost model and enabling it to drive the right behaviours and management actions. • Ensure compliance with accounting standards, regulatory requirements and management reporting and policies. People & Talent • Provide coaching and mentoring to offshore team, building out team’s capability and fostering a business partnership mindset. • Lead by example, develop and embed a high-performance culture with specific focus on capability, effectiveness, and productivity. Risk Management • Ability to interpret the firm’s financial information, identify key issues based on this information and put in place appropriate controls and measures. • Ensure compliance with Group Accounting Principles and practices, Financial Control policy, and other regulatory accounting guidelines. Governance • Have an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role. 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. • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key stakeholders • Technology BPMs & Service Owners • T&O QPR’s & Project Management Office • CFO, Technology • Programme Director Phoenix, Cost Simplification & Mitto. Other Responsibilities • Embed Here for good and Group’s brand and values in T&O and Functions Finance [Singapore]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); [List all responsibilities associated with the role] Qualifications • 12+ years in finance, specializing in Tech Finance • Preferably Qualified Accountant (CPA, CMA, ACCA) • Proven track record in driving cost efficiencies in technology and financial control • Strong FP&A, analytical, and lateral thinking skills • Knowledge of technology and operations recharge models, and familiarity with the bank’s financial systems and control frameworks • Excellent communication and influencing skills, with confidence to engage with senior stakeholders • Strong commercial acumen, decision-making capability, integrity, and accountability • Collaborative team player, inquisitive self-starter with a ‘can-do’ mindset • Ability to multi-task, handle changing priorities, and manage multiple projects. Skills And Experience • Influencing & Advisory • Cost Transformation • Performance Management • Strategy & Planning • Financial Analysis • Commercial Evaluation

Requirements

• Cost Transparency
• Financial Control
• Stakeholder Communication
• Cost Management

Qualifications

• Qualified Accountant

Preferred Technologies

• Cost Transparency
• Financial Control
• Stakeholder Communication
• Cost Management

Benefits

• Competitive salary
• Retirement savings
• Medical insurance
• Annual leave

About the company

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other.