Job description
Some careers have more impact than others.
If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.
HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Assistant Vice President Finance Operations
Principal responsibilities
- Lead the preparation and review of consolidated financial statements in accordance with IFRS 10 for a portfolio of funds and holding entities.
- Assess control and determine consolidation requirements for entities based on IFRS 10 principles (control, power, exposure to variable returns, etc.).
- Collaborate with investment, legal, and operations teams to gather input for consolidation assessments.
- Manage monthly, quarterly, and annual consolidation processes, including elimination of intercompany balances and transactions.
- Provide technical expertise on IFRS 10 and related standards (e.g., IFRS 12, IAS 27) to ensure compliance and resolve complex accounting issues.
- Assist in preparing board packs, investor reports, and audit deliverables.
- Liaise with external auditors, regulators, and other stakeholders to support audit and compliance activities.
- Contribute to the continuous improvement of reporting processes, controls, and systems related to consolidation.
- Support strategic projects, including fund launches, liquidations, and restructuring from a consolidation standpoint.
- Train and mentor junior team members, promoting knowledge of IFRS-based consolidation practices
Requisitos
- Recognized professional Accounting or Management qualification (CA/CPA/ACCA/MBA/ICWAI) with 10+ years of experience predominantly in Finance, including in leadership positions managing complex requirements from senior stakeholders
- Strong knowledge of month end closure & Reporting processes at large financial institutions will be preferred
- Experience and working knowledge of US GAA, IFRS and regulatory reporting frameworks such as FINREP, COREP, with deep understanding of financial disclosure and compliance requirements.
- Proven track record of controllership role in BFSI sector and sound knowledge of businesses such as Retail, Commercial and Global Banking etc.
- Strong experience and working knowledge of General Ledger like Oracle, SAP, PeopleSoft including related data flows
- Experience that demonstrates ability to deliver BAU and Change/ Transformation Projects
- Good knowledge of Analytical tools, MS Access Database, SAS will have an added advantage
- Proven track record of driving re-engineering, process synergies and technology-based solutions
- Excellent communication skills with the ability to convey complex financial concepts clearly
Experience in designing, implementing and validating the effectiveness of process controls.
You’ll achieve more at HSBC
HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”
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