Jobs

    Financial Controller, SC Ventures - Singapur, Singapore - Standard Chartered Bank

    Standard Chartered Bank
    Standard Chartered Bank Singapur, Singapore

    6 days ago

    Standard Chartered Bank background
    Full time
    Description

    Role Responsibilities

    About SC Ventures
    SC Ventures is Standard Chartered's innovation, fintech investment and ventures arm. We were established to reinvent banking, as the significant technological disruptions to the industry was impacting its ability to serve clients and customers, in the ways they needed to be served.

    We are a unique ecosystem of innovators, banking experts, business builders and partners who are focused on rewiring the DNA in banking and bringing breakthrough ideas to scale, together.

    We are building ecosystems around four high conviction themes: Online Economy & Lifestyle, SMEs & World Trade, Digital Assets, and Sustainability & Inclusion.

    We are a global team of "Members" (excluding individual ventures), including dedicated colleagues from the Group's support functions, based in Singapore, Hong Kong, London, the United Arab Emirates and Israel.

    This role leads the SCV Finance team's financial control function. It sets direction and manages the integrity of books and records of all Global SC Venture Group's 30+ legal entities, investments, and operations, while implementing world-class financial management discipline to the businesses and platform. The role will be a trusted member of the SC Ventures team providing financial controllership, financial reporting, and process/project delivery to provide the SCV senior management team critical finance business partnering to deliver its business strategy.

    Responsibilities

    Strategy

  • Provide leadership on all financial control/accounting approaches and operational affairs of SCV and its associated businesses and investments. This requires delivery of strong financial accounting discipline, direction setting, and process management across SCV entities globally.
  • Co-ordinate and oversee the month-end process, and financial statement preparation of all operationalised SCV business entities and investments. This involves but is not limited to, oversight of venture monthly performance and control reports, technical accounting requirements, operational booking model oversight, financial regulatory requirements, management of third-party vendors and financial systems utilised for ventures and audit requirements.
  • Drive enhanced analytical reporting for the profit and loss and key financial indicators. This will require a wider understanding of financial performance is delivered to a variety of stakeholders through business focused conversations at all levels of the team.
  • In conjunction with the CFO and Head of Finance, deliver on OKRs related to financial control and improvement projects thereof.
  • Take the lead role in ensuring new venture ideas are fully informed and "go-live ready" with regards to accounting and financial management infrastructure, leading them through incubation, launch and operationalisation and being de-facto interim CFO until a dedicated resource / team is appointed.
  • Be the liaison point between the venture entities, SCV platform, and SCB Group Accounting (including technical accounting) such that all Group reporting and control requirements are met while also being commercially minded and helping the venture businesses grow.
  • Lead capability development within the SCV Finance, and ventures Finance teams in financial accounting disciplines, and being a steward of the Groups financial resources.
  • Business

  • Provide financial partnering, expertise, advice and an independent challenge to the businesses on the day-to-day financial management as well as more complex considerations such as corporate organisation design, acquisitions/divestments/corporate re-structuring, intellectual property considerations, transfer pricing etc
  • Manage a variety of internal and external stakeholders on all financial matters. This will involve establishing external relationships from managing all ends of financial management of a business from control to reporting, technical accounting considerations, and any changes to business activities or external standards and regulations.
  • Partner with the SCV Funds team in future fundraising efforts and advise on optimum booking models for SCV entities both tactically and structurally through new investment growth. This will require being involved in due diligence preparation, quarterly financial presentations and business positioning materials (including valuations and potential acquisition and exit strategies). The role will require management of third-party specialists who will rely on SCV Finance provided direction.
  • Provide Finance input into systems development and provide guidance on how this will be implemented, maintained, and improved over time as business requirements arise.
  • Processes

  • The role is expected to ensure financial control over all digital ventures is established and robust. This will involve setting up new financial systems with third party providers and financial systems and integrating these in accordance with Group requirements as well as ensuring accurate and timely information reporting to SCB Group and related stakeholders is provided.
  • The role will require a control mindset and adherence to the SCV Committee (Risk) framework for Business Ventures and Fund investments.
  • Partner with SCB Tax team to support tax compliance including filing corporate tax, VAT and other tax returns. Specifically, working with venture and third party outsource teams to provide tax inputs for the banks group reporting schedules (half year, year-end) as requested and support internal tax sign offs.
  • Oversight of SCV structure ( cost centres, entities, business functions) in the Group finance systems.
  • Ownership of balance sheet substantiation in the Bank's Financial Control System.
  • Maintenance of SCV Finance Process Universe highlighting associated risks and controls.
  • Implement new financial systems and processes for every venture launched and manage the integration and oversight of it with SCB Group systems.
  • People & Talent

  • Developing a growing onshore team will be a key focus of the role as the SCV business and segment grows in the short to medium term. The role is also expected to mentor and develop digital venture finance team capability in ensuring financial information is of high integrity.
  • The role is expected to have four direct reports at the onset, but which may grow with business requirements.
  • Risk Management* & Governance

  • Along with the SCV CFO and Head of Finance develop the overall design and outcome of the end-to-end finance and related processes and controls for SCV. The role will own the process output performance in terms of client service, financial performance and risk where appointed as Process Owners.
  • Develop and maintain effective financial information systems to satisfy the reporting needs of SCV Management Team, SCB Group Finance and local regulators.
  • Apply Group accounting and financial control policies, standards, procedures and internal control practices as required
  • Ensure adequate controls are installed at all ventures and that substantiating documentation is available to areas such as Internal Audit and SCB Group Finance.
  • Identify, assess, treat and monitor significant operational risks and propose risk acceptance requests with justification to the authorised risk acceptance authority and abide by any conditions of acceptance.
  • Promptly execute any remediation or risk treatment actions to remain within risk tolerance.
  • 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.
  • Lead 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.] *
  • Key stakeholders

  • CFO SC Ventures and Head of Finance SCV
  • Head of SC Ventures and SC Ventures Management Team
  • Business Venture Teams
  • External outsourced vendors and auditors
  • SCB Group Functional areas such as Finance, Tax, Risk, Legal and Compliance
  • Future external stakeholders
  • Other Responsibilities

  • Embed Here for good and Group's brand and values in Singapore SC Ventures; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats);
  • Our Ideal Candidate

    Bachelor's or Master's degree in Accounting or Finance

    Chartered Accountant (CA) or Certified Public Accountant (CPA) certified

    Experience in Financial Controlling

    10 years of experience in Finance Industry (Audit and Accounting)

    Experience in people management

    Strong problem solving and analytical skills

    Excellent communication and teamwork skills

    Preferable to have experience in working with start-ups

    Role Specific Technical Competencies

  • Planning, strategic, tactical
  • Business Analytics
  • Budget Management
  • Financial Forecasting and Modelling
  • Financial Risk Management
  • Financial Reporting
  • Financial Analysis
  • Cost-Benefit Analysis
  • Effective Communications
  • Influencing Through Expertise


  • AMETHYST ASIA PARTNERS PTE. LTD. Singapore

    Roles & Responsibilities · Our client is a regional venture capital firm with a good track record in the region. As the business continues to grow, they are looking for a Fund Controller. This role is based in Singapore and report to CFO. · Key responsibilities: · Manage and over ...


  • Amethyst Partners Singapore Full time

    Key responsibilities: · Manage and oversee the fund finance for the firm · Assist in managing the finance team on fund accounting and operations · Review and oversight on fund accounting, capital account, fund performance calculation, management fee and incentive fee calculations ...


  • Singtel Singapore

    **Internal Audit Manager (Joint Venture Audit)**: · **Date**:14-Feb-2023 · **Location**: Singapore, Singapore · **Company**:Singtel Group · At Singtel, we believe in the strength of a vibrant, diverse and inclusive workforce where backgrounds, perspectives and life experiences of ...


  • Standard Chartered Singapore

    **Job***: Ventures · **Primary Location***: Asia-Singapore-Singapore · **Schedule***: Full-time · **Employee Status***: Permanent · **Posting Date***: 22/Nov/2023, 3:20:53 AM · **Unposting Date***: 22/Dec/2023, 5:59:00 PM · **The Role Responsibilities** · - Intrapreneurs is SC Ve ...

  • LemmaTree

    Investment Senior

    1 day ago


    LemmaTree Singapore

    Founded and funded by Temasek, LemmaTree comprises three ventures - Affinidi, Trustana and GoodWorker. We empower individuals and organizations with control of their verifiable data. We inspire the building of disruptive businesses striving for transparency and portability within ...

  • Trust Bank

    Vendor Management

    1 day ago


    Trust Bank Singapore

    Trust is the first of a new breed of banks in Singapore - digitally native and focused on delivering a delightful customer experience. You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you w ...

  • NAIGAI NITTO SINGAPORE PTE LTD

    Managing Director

    1 day ago


    NAIGAI NITTO SINGAPORE PTE LTD Singapore

    Manage full accountability for all business operations, controlling finance, maintain dialogue between share holders and the board. · - Provide strategic advice to the board and chairperson so that they will have accurate view of the market and the company's future. · - Prepare a ...

  • People Profilers

    Group Finance Leader

    6 hours ago


    People Profilers Singapore

    Job Description: · - Financial controlling and hands-on quarterly, half-yearly and annual report preparation · - Handle tax queries (Corporate income tax, property tax, withholding tax) · - Liaise with IRAS and MIRB officers for Singapore, Malaysia, and Indonesia tax · - Internal ...

  • AEROSPACE COMPONENT ENGINEERING SERVICES PTE. LIMITED

    Aircraft Technician

    6 hours ago


    AEROSPACE COMPONENT ENGINEERING SERVICES PTE. LIMITED Singapore

    ACES is a joint venture between SIA Engineering Company and Parker Aerospace specializing in the maintenance, repair and overhaul of hydraulic pumps, actuators, valves and flight controls for commercial aircraft. · We require individuals with a high level of initiative, self-moti ...


  • TALENT TRADER GROUP PTE. LTD. Singapore

    **Responsibilities**: · - Ensures business processes is following the relevant legal guideline in an ethical manner while meeting its business goals. · - Responsible for developing compliance activities, reviewing company policies, and advising management on possible risks. · - D ...

  • CHARYAAR VENTURES PTE. LTD.

    General Manager

    6 hours ago


    CHARYAAR VENTURES PTE. LTD. Singapore

    **Job Description & Requirements**: · Restaurant General Manager job profile · Charyaar Ventures is looking for an experienced and passionate Restaurant General Manager to run our restaurant YARANA in Singapore. As a Restaurant General Manager, you will oversee a variety of respo ...

  • GES (SINGAPORE) PTE LTD

    Senior Buyer

    1 day ago


    GES (SINGAPORE) PTE LTD Singapore

    **Work Location** · GES Singapore Pte Ltd · 28 Marsiling Lane · Singapore 739152 · The Project Lead will be assigned to work on commodities or projects under the direction of the Purchasing Manager or HOD. He / she is responsible for: · - Manage all aspects of materials planning ...


  • OFFSHORE FRONTIER SOLUTIONS PTE. LTD. Singapore

    **JOB DESCRIPTION** · - Control FPSO TOPSIDE project control work including Engineering, Procurement, Module fabrication and Integration · - Scope monitoring (scope of works and supply in the Contract and those in the agreements among Joint Venture/Consortium, Sub-contractors) · ...

  • TRUST RECRUIT PTE. LTD.

    Compliance Manager

    1 day ago


    TRUST RECRUIT PTE. LTD. Singapore

    **Job Scope**: · - Managing of Client onboarding and review · - Develop, modify and implement company policies and regulations · - Design and monitor control systems to prevent or deal with violations of legal guidelines and internal policies · - Oversee all business operations r ...


  • VENTURE COVE PTE. LTD. Singapore

    Our client is a global engineering company headquartered in Yokohama, Japan. They are looking for a: · **Buyer / Expeditor** · **Location: Japan · **Responsibilities**: · - Handling of various Bulks packages for international purchasing work for permanent material of plant, such ...


  • Funds Partnership Asia Singapore

    **Contract Type**: · - Permanent**Location**: · - Singapore**Category**: · - Accounting & Finance**Subcategory**: · **Contact Name**: · - Mavis Tan- **Date Published**: · - 23-Jun-2023**Internal Controls Manager for an Investment Management firm based in town*** · **Our client is ...


  • SINOLOGISTICS OVERSEAS PTE. LTD. Singapore

    **Job Summary**: · The Legal & Compliance Manager is responsible for all areas of logistics/transportation including process design, safety, compliance with DOT regulations, cost efficiency for the team, and customer service. Work with other teams to resolve logistics related iss ...

  • RIO TECHNOLOGIES PTE. LTD.

    Compliance Manager

    6 hours ago


    RIO TECHNOLOGIES PTE. LTD. Singapore

    We are looking for an experienced **Compliance Manager **to ensure our company adheres to legal standards and in-house policies. You will be responsible for enforcing regulations in all aspects and levels of business as well as provide guidance on compliance matters. The goal is ...


  • DKSH Singapore

    **Location**:Jalan Buroh, SG, SG**Job Function**:Finance**Requisition Number**:67424**Description**: · **General responsibilities** · - Target and estimate accuracy, working capital control, business performance (top line, costs and EBIT), currency impact · - Manage departmental ...


  • Sumitomo Mitsui Banking Corporation (SMBC) Singapore

    **Responsibilities**: · - Strategic planning for organic and inorganic business development for countries in APAC, including development and implementation of annual business plans and medium-long term business plan. · - Budget management, resource control, performance assessment ...