Associate Manager, Tax

Standard Chartered Chennai , IN 46615

Posted Yesterday

Job Summary

Provide Tax Compliance, Reporting and Forecasting support to the specific country tax teams assigned, as detailed below:

  • Gather inputs, collate data, analyse information to compute tax and prepare necessary tax return workpapers and forms

  • Learn & Use the available software applications in the process like Onesource, Longview, SAP, PSGL and any other internal or licensed applications needed to perform the job

  • Interact and maintain strong working relation with various stakeholders in the process to achieve the job objectives

  • Support country tax in maintaining and updating Tax Risk Reports

  • Collation of Country by Country reporting information.

  • Support on extraction of tax audit information and maintain Audit defence files

  • Support the process in various other ancillary processes and tasks to accomplish the job objective

  • Support the team in achieving the common goals of the organisation

  • Be proactive in identifying areas of improvement and achieve the efficiency and cost save targets

  • Train the new hires during onboarding and the team for any updates, etc

  • General administrative support to finance teams

As People Leader

o Develop and build a strong team capable of working together to achieve objectives of the organisation

o Nurture the team to have an eye for identifying opportunities to make processes most efficient and zealous to pick up additional responsibilities

o Help individuals build a strong career path and be excited to work for the organisation

Key Responsibilities

Strategy

  • Work towards achieving the department's TOM and long and short term goals. Be brave to challenge the status quo and bring in Change for Good

Business

  • Understand the business model and specific tax requirements of the countries/entities under control and help provide solutions to bring in efficiencies and partner with the country tax to meet all reporting and compliance requirements

Processes

  • Meet the SLA timelines and quality at all times and escalate for any challenges faced in the process

People & Talent

  • Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.

  • Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.

  • Employ, engage and retain high quality people, with succession planning for critical roles.

  • Responsibility to review team structure/capacity plans.

  • Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

Risk Management

  • The ability to interpret the Group's financial information, identify key issues based on this information and put in place appropriate controls and measures

Skills and Experience

Governance

  • Responsible for assessing the effectiveness of the Group's arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; 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.

  • Lead the Tax CoE 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.] *

  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

  • Country Tax, Group Tax, Tax CoE, R2R and other relevant stakeholders

Qualifications

  • University degree preferable in Finance or Accounting (Mandatory)
  • Professional qualification such as CA, CWA or MBA Finance (Desirable)
  • Minimum 2-3 years' experience in tax and accounting environments (Desirable)
  • Good understanding of general tax principles and accounting treatment for taxes (current & deferred tax)
  • Good understanding or knowledge of Indian income-tax laws

About Standard Chartered

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. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do

  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well

  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.

  • Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.

  • Flexible working options based around home and office locations, with flexible working patterns.

  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits

  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.

  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

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