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Finance Manager, LABAMU Venture (by SC Ventures)

About Labamu

At Labamu, we believe that every small business can grow bigger & be more efficient, and we want to help them make it happen. We do this by digitising the sales processes of small businesses, & by providing embedded financing services. Through these services, Labamu uplifts participation in financial services for businesses of all sizes, furthermore, leveling the playing field of finance and commerce. By doing so, Labamu provides opportunities for more people and communities to participate in the growth and contribution towards economic prosperity. 

Labamu is a Standard Chartered Bank (SCB) subsidiary. 

Responsibilities

This is an opportunity to join Labamu as a Finance Manager (FM) based in Indonesia reporting into the Head of Finance. To help the growing scale and complexity of Labamu’s business and to support future finance reporting requirements, Labamu requires an individual who is responsible for:

  • Providing overall finance business support for Labamu’s business portfolio
  • Financial reporting matters including but not limited to

o Monthly/Quarterly/Annual financial reporting

o Management reporting for Labamu and SCB’s requirements and the underlying businesses

o Financial & management pack preparation for management business reviews, CFO decks, investor relations decks and any other ad hoc requests

o Reporting requirements from various other stakeholders such as Finance, Tax, Treasury, Governmental authorities etc.

  • Planning & budgeting, performance analysis and all corporate reporting activities for Labamu
  • Set up of venture businesses within the SCB’s Finance systems and assisting with Labamu’s operationalisation, including integration of third-party providers.
  • Review of monthly actuals and expected forecasts.
  • Support Labamu’s management team with a wide variety of BAU and ad-hoc finance related activities
  • Finance data maintenance for Labamu’s reporting across both internal and external parties.
  • Liaising with Labamu’s stakeholders on ad hoc queries, including business model creation and review and liaising with tax
  • Market and competitor analysis and well as detailed accounting policy research / technical financial research.

Skills / Expertise

  • Risk and control mindset with regards to undertaking activities and attention to detail 
  • 3 years of audit or finance experience in a professional services firm or commercial environment
  • Focused not only on financials but also on operational, strategic and commercial issues.
  • Innovative – explore innovative ways to manage the associated risks and complexities within SC Ventures
  • Well-organized, detail-oriented multi-tasker with strong analytical skills partnered with a creative mind.
  • Data-driven thinking and an affinity for numbers
  • Qualified Chartered Accountant / CPA / MBA
  • Proficient in Excel modelling and PowerPoint presentations
  • Experience in Peoplesoft, Hyperion, SAP, Clarity, iLevel and Kushim advantageous
  • Proficiency in Bahasa Indonesia is highly advantageous

Key Stakeholders

  • Labamu’s Management team
  • Labamu’s Finance & Tax teams
  • SCB’s Management Team
  • Outsourced accounting providers
  • Internal & External Auditors

Our Values

Our values define the set of principles that guide our journey to achieve our purpose. At Labamu our values are:

1. Client Obsession

We provide the most value possible for our ideal consumers. Not only does our company know who is using our platform and why they use it, and we go above and beyond to make the entire experience a positive one.

2. Fairness

We must ensure fair outcomes for clients and communities. This means treating clients without bias or favour based on their demographics, that our services advance not disadvantage our clients, and that we fight bribery, corruption and financial crimes in all its forms.

3. Transparency

We operate with clear rules and provide services that are clearly understood by our clients and their communities. There is no fine print. We do not engage in or support insider dealings.

4. Diversity

Diversity in teams is critically important as it enhances the expanse, variety and depth of ideas we can collectively create, try and succeed or fail at. The more diverse views you get the more likely your ideas will succeed and the greater value it will add.

5. Respect

We must provide a safe working environment which is inclusive and free from discrimination, exploitation, bullying and harassment. We treat our colleagues fairly and work together to deliver our purpose and values.

Our Behaviours

Our behaviours – are how we deliver our purpose:

  • Be righteous - Apply those words to how we serve our users. Be righteous and virtuous is about providing our users an unbiased access to services and financing, focusing on their needs, and giving them the best products and services that we can.
  • Be better – Continuously improve and innovate. Innovation can happen anywhere and by anyone and should form part of our work every day.
  • Be inclusive and collaborative – Always maintain respectful decorum with your colleagues, clients, and stakeholders. Ensure all feel welcomed and able to contribute.

About SC Ventures

SC Ventures (“SCV”) was established in 2018 with the purpose of “Rewiring the DNA in Banking” by bringing three distinct areas together:

  • The eXellerator Lab, enabling innovation at large in the Bank by supporting intrapreneurs and their ideas, collaborating with fintech’s through the SCV Fintech Bridge and engaging with clients and co-creation ideas
  • The Investment Fund (“Fund”), tasked to acquire minority stakes in fintech companies (“fintechs”) whose technology has been successfully validated in the Group
  • Venture building, with the objective of exploring new business models (“ventures”), in the way it engages existing new customers and markets.

There are c.100 team members (excluding individual ventures), including dedicated colleagues from the Group’s support functions, based in Singapore, Hong Kong, Shanghai, Nairobi, London and San Francisco. 

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Confirmed 6 hours ago. Posted 30+ days ago.

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