Standard Chartered India | WRB Product Accounting - Senior Manager

Responsibilities

• This role is responsible for leading product accounting, reporting and financial control activities across Wealth and Retail Banking products.
• The role focuses on ensuring accurate revenue recognition, robust P&L accounting, completeness of product financials, timely variance analysis and high-quality business commentary.
• Drive the WRB Product Accounting agenda for Wealth and Retail Banking products, ensuring accurate revenue recognition, P&L accounting and product financial reporting.
• Identify and address risks to P&L accuracy, product accounting outcomes, balance sheet substantiation and external reporting disclosures.
• Review product financials, variances and key drivers to provide commercially meaningful commentary for senior management and stakeholders.
• Build strong commercial understanding of WRB business models, product economics, customer propositions, market drivers and risk characteristics.
• Partner with Business Finance, Product teams, Country Finance and GCFO India Controllers to translate product performance, revenue trends and P&L movements into clear senior-management commentary.
• Support revenue recognition accuracy by understanding product features, fee structures, amortisation, valuation drivers, accounting treatment and relevant IFRS requirements.
• Partner with Business Finance, Product, Country Finance and GCFO India Controllers to deliver accurate WRB product accounting, reporting and financial control outcomes.
• Ensure reconciliations, substantiation, journals, adjustments and key reporting controls are completed on time, with exceptions escalated and remediated promptly.
• Support risk reporting, process simplification, automation, transformation and new product/change reviews to strengthen control sustainability and reporting efficiency.
• Lead by example and promote a culture of ownership, accuracy, transparency and timely escalation across product accounting and financial control activities.
• Build capability in WRB product accounting, revenue recognition, commercial analysis, risk management and governance through coaching, knowledge sharing and structured development.
• Ensure that appropriate controls, reconciliations, substantiation, escalation mechanisms and remediation actions are in place to protect P&L accuracy, reporting integrity and compliance with Group standards.
• Ensure appropriate governance is followed across product accounting, reporting, transformation and change initiatives.
• Use analytics and product knowledge to identify unusual revenue, cost, margin or balance sheet trends and ensure timely investigation and remediation.
• Run month-end and quarter-end reviews covering P&L accuracy, revenue recognition, product financials, balance sheet substantiation and variance commentary.
• Set clear expectations for quality of review, business commentary, control evidence and stakeholder engagement, and provide timely feedback aligned to role objectives.
• Interpret WRB product financial information to identify accounting, reporting, revenue recognition, valuation, operational and control risks.
• Perform responsibilities assigned under Group, Country, Business or Functional policies and procedures, including support for product governance, accounting policy implementation, financial control remediation, audit readiness, reporting transformation and other activities required to maintain accurate, well-controlled and commercially relevant product financials.

Requirements

• Good and the Group’s brand and values across WRB Product Accounting.
• Experience in Wealth and Retail Banking product accounting, revenue recognition, P&L review or balance sheet substantiation is preferred.
• Strong understanding of product accounting, IFRS reporting principles, revenue recognition, journal controls, reconciliations and financial control frameworks.
• Exposure to SAP and PSGL reporting tools and finance data environments.
• Ability to interpret product financials, identify P&L and balance sheet drivers, investigate variances and communicate business insights clearly.
• Strong stakeholder management, communication and influencing skills, including experience engaging senior management, country teams, product teams, finance, risk and audit stakeholders.
• Experience in implementing, monitoring and improving financial control, governance, risk management and audit remediation activities.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai