Hot: Chief Financial Officer Needed at Standard Chartered Bank

Standard Chartered Bank is urgently looking for Chief Financial Officer to with them. All interested applicants should follow the details below to apply.

  • Company: Standard Chartered Bank
  • Location: Ghana
  • State: Jobs in Accra
  • Job type: Full-Time

Job Description

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.  To us, good performance is about much more than turning a profit.  It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good. We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.PURPOSE:

  • 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.
  • 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 Principals, the groups accounting policies and other regulatory guidelines.
  • Provide guidance to local Supply Chain and Property functions
  • To ensure that the finance Hub delivers in accordance with the service level agreement.
  • Serve as a Director of the Board of Standard Chartered Bank PLC
  • Exercise authorities delegated by the Chief Executive Officer or the Board of Directors and act in accordance with Articles of Association (or equivalent)


  • Support the Chief Executive Officer on maintaining strategic alignment to Group and driving the overall business agenda in the country.
  • Contribute to the management of the business as a member of the top management team.
  • To provide the financial input for the formulation of the bank’s Strategic Plan.
  • 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.
  • Ensure that the financial statements and returns are in accordance with statutory, regulatory and other requirements, and in accordance with group standards, procedures and timetables.
  • 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.
  • Liaise with GFS Manager in development and running the Bank’s financial and management information systems, recommending agreed variations for local use where relevant and necessary for implementation by GFS.
  • Ensure the effective management of the business’s capital and balance sheet structures including funding, liquidity, currency and market risks etc;
  • 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.
  • Ensure that the taxation affairs of the Bank are planned and managed so as to optimise the Group’s position.
  • Maintain the highest professional financial management standards in the Bank.
  • Analysis and sign-off any project approval requests.
  • Improve the understanding of financial management issues by Business Unit/Segment Heads, Financial Managers and other Senior Managers within the Business.
  • Monitor the operational and capital expenditure programmes to ensure adherence to budgeted limits.
  • Strategically manage the properties of the Bank to ensure efficiency in utilisation.
  • Lead, motivate, and develop staff in the Finance Division.
  • Support the CEO in interpreting, communicating and meeting local regulatory requirements.
  • Keep in touch with local, UK and international accounting developments through membership of professional bodies and contact with other members of the profession.
  • 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 on management letters.
  • Monitor and decide on SLAs with the hub; agree the recharge methodology.
  • Contribute in the management of the banks assets and liabilities and the management of risk during  management committee, ALCO , ERC, CFCC and Board  meetings
  • To ensure that Finance Staff comply with applicable Group Control Standards and Local Regulatory Standards.
  • To provide strategic guidance to the property management and Sourcing functions
  • Support the Chief Executive Officer in ensuring effective corporate governance standards are maintained throughout the organization..

Contributes to

  • Development of the business through involvement in strategic direction, planning and budgeting.
  • The achievement of strategic plans and budgets, through monitoring and reporting on these to management and the Board.
  • Decision making on the future direction of the business and day to day issues, which impact on this.
  • Control of operating costs and capital expenditure within budget levels, bringing to the attention of management areas where savings could be achieved.
  • Staff development within Finance Division through involvement in planned programmes.


  • Delivery of country budgets and strategic business plans.
  • Accurate and timely delivery of Group and local reports
  • Adherence to Standard Chartered Bank Group Policy on financial and risk management, efficient balance sheet and capital management of the Bank.
  • Management of bank tax position and compliance with all taxation legislation.
  • Management of bank insurance arrangements to ensure all aspects of risk is adequately covered.
  • Efficient strategic sourcing and property management.
  • Maintenance of satisfactory control environment with audit grading of ‘Acceptable’ or better.

People and Talent

  • Lead, motivate, and develop staff in the Finance Department.
  • 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.

Key Stakeholders


  • Local Executive Committe Members
  • West Africa Cluster Team
  • AME(Regional Management Team)
  • Group Market Risk
  • Group Corporate Tax & Treasury


  • Central Bank
  • Securities and Exchange Commission
  • Stock Exchange
  • External Auditors
  • Tax Authorities
  • Insurers
  • Outsourced Companies
  • External Contractors


  • Professional accounting qualification e.g. CPA, ACCA and or MBA  etc
  • Over 8 years experience in a senior financial management and administration position of a Bank or large commercial organisation.
  • Thorough knowledge of Generally accepted accounting principles, taxation, and banking and exchange control legislation.
  • Broad understanding of banking practice.
  • Superior knowledge and experience in utilization of Information Technology in modern business.
  • Leadership and Influence
  • Strategy
  • Ability to grow and inspire people
  • Ability to network within and outside the bank – particularly with regulators

Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 17 August. 2024

Leave a Reply 0

Your email address will not be published. Required fields are marked *