Standard Chartered Bank was formed in 1969 through the merger of two separate banks, the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China.
\nThese banks had capitalised on the expansion of trade between Europe, Asia and Africa.
\nThe Chartered Bank was founded by James Wilson following the grant of a Royal Charter by Queen Victoria in 1853.
\nThe bank opened in Mumbai (Bombay), Kolkata and Shanghai in 1858, followed by Hong Kong and Singapore in 1859.
\nThe traditional trade was in cotton from Mumbai, indigo and tea from Kolkata, rice from Burma, sugar from Java, tobacco from Sumatra, hemp from Manila and silk from Yokohama.
\nThe bank played a major role in the development of trade with the East following the opening of the Suez Canal in 1869 and the extension of the telegraph to China in 1871.
\nIn 1957 Chartered Bank bought the Eastern Bank, together with the Ionian Bank’s Cyprus Branches and established a presence in the Gulf.<\/p>\n
Job Description<\/strong><\/p>\n Job Title: Chief Finance Officer<\/strong><\/p>\n Job Summary<\/strong><\/p>\n To apply insight and understanding to the financial performance of the Bank and to contribute to the strategic and day to day commercial decision making process. Key Roles and Responsibilities<\/strong><\/p>\n The ideal candidate will contribute to the management of the business as a member of the top management team. Key Relationships (Internal and External) <\/strong><\/p>\n \u2013 Local Exco Members Standard Chartered Bank was formed in 1969 through the merger of two separate banks, the Standard Bank of British South Africa and the Chartered Bank of India, Australia and China……<\/p>\n","protected":false},"author":6721,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[14],"tags":[2027],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2nO32-3Xd","_links":{"self":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts\/15203"}],"collection":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/users\/6721"}],"replies":[{"embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/comments?post=15203"}],"version-history":[{"count":0,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts\/15203\/revisions"}],"wp:attachment":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/media?parent=15203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/categories?post=15203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/tags?post=15203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u2013 To ensure that all matters relating to financial accounting, management accounting, taxation, balance sheet and capital structure management, market risk analysis and management and regulatory reporting are undertaken in accordance with Generally Accepted Accounting Principles, the Group\u2019s accounting policies and other regulatory guidelines.
\n\u2013 Provide guidance to local Supply Chain Management (SCM) and property functions
\n\u2013 To ensure that the finance Hub delivers in accordance with the service level agreement.<\/p>\n
\n\u2013 To provide the financial input for the formulation of the bank\u2019s Strategic Plan.
\n\u2013 Initiate and co-ordinate the formulation of the annual operating plans and budgets and monitor progress towards their achievement, drawing attention to important trends, and to opportunities to maximise income, reduce cost and minimise risk.
\n\u2013 Ensure that the financial statements and returns prepared by the Hub are in accordance with statutory, regulatory and other requirements, and in accordance with group standards, procedures and timetables.
\n\u2013 Provide support to the Business Unit\/Segment heads in the formulation of marketing plans, budgets, business development, product development and the analysis of the operational business trends for the achievement of overall plans and objectives.
\n\u2013 Liaise with Hub Manager in development and running the Bank\u2019s financial and management information systems, recommending agreed variations for local use where relevant and necessary for implementation by Hub Manager.
\n\u2013 Ensure the effective management of the business\u2019s capital and balance sheet structures including funding, liquidity, currency and market risks etc;
\n\u2013 Evaluate local projects in accordance with Group guidelines, including material business issues (e.g. pricing, the acquisition or disposal of investments and assets) and contribute fully to their implementation. Conduct health check and post implementation reviews.
\n\u2013 Ensure that the taxation affairs of the Bank are planned and managed so as to optimise the Group\u2019s position.
\n\u2013 Maintain the highest professional financial management standards in the Bank.
\n\u2013 Analysis and sign-off any project approval requests.
\n\u2013 Improve the understanding of financial management issues by Business Unit\/Segment Heads, Financial Managers and other Senior Managers within the Business.
\n\u2013 Monitor the operational and capital expenditure programmes to ensure adherence to budgeted limits.
\n\u2013 Strategically manage the sourcing and properties of the Bank to ensure efficiency in procurement and utilisation.
\n\u2013 Lead, motivate, and develop staff in the Finance Division.
\n\u2013 Support the Chief Executive Officer (CEO) in interpreting, communicating and meeting local regulatory requirements.
\n\u2013 Keep in touch with local, UK and international accounting developments through membership of professional bodies and contact with other members of the profession.
\n\u2013 Manage relationship with External Auditors including the negotiation of the scope of the audit, general liaison, the clearance of audit work and responding to and following up management letters.
\n\u2013 Monitor and decide on Service Level Agreements (SLAs) with the hub; agree the recharge methodology.
\n\u2013 Contribute in the management of the Bank\u2019s Assets and Liabilities and the management of risk during Management Committees (ALCO , CORG and Board meetings)
\n\u2013 To ensure that Finance Staff comply with applicable Group Control Standards and Local Regulatory Standards.
\n\u2013 To provide strategic guidance to the property management and Sourcing functions<\/p>\n
\n\u2013 Regional Management Team
\n\u2013 GFD
\n\u2013 Group Market Risk
\n\u2013 Group Corporate Tax & Treasury<\/p>\n","protected":false},"excerpt":{"rendered":"