Job description
Business: BUSINESS FINANCE OPS - CMB
Open positions:1
Role Title: AVP - Business Finance Operations GSC’s
Global Career Band: 5
Location (Country / City ): India/Hyderabad
Recruiter Name : Kiran
Why join us?
- Business Finance Operations Centers (BFOC) provides a variety of financial support services to business partners over the HSBC Group. Commercial Banking – Business Finance team is responsible for collation, review and analysis of source data for MI and analysis for HSBC group. Responsibility includes rigorous analysis & review of MI collected, this to ensure high quality management reporting and business analysis of the published monthly MI packs to HSBC Group Senior Management. Handling MI related queries and Interim analysis reports for management review periodically. To liaise with business partners/counterparts on new report requirements and developing reports within the timelines agreed.
The Opportunity:
- Business Finance Operations Centers (BFOC) provides a variety of financial support services to business partners over the HSBC Group. Commercial Banking - (CMB) team is responsible for collation, review and analysis of source data provision of reporting, insights and analysis for CMB Business group. Responsibility includes rigorous analysis & review of MI collected, to ensure high quality management reporting and business analysis of the published monthly/daily/weekly MI packs to HSBC Group Senior Management. Handling MI related queries specific to GPS UK CMB product and Interim analysis reports for management review periodically. To liaise with product, segment and business partners/counterparts on new report requirements and developing reports within the timelines agreed
What you’ll do:
Key Responsibilities
Data Management & Actuals Reporting
SME for UK CMB Product MI for GPS – End to end ownership of data management, reporting, deep dives and adhoc analysis in relation to banking NII and NIM, CoF & VoF.
Adhere to operational timelines for preparation and submission of returns to various customers
Work with various teams (product/business management) to obtain underlying drivers for the monthly results. Prepare performance commentaries for key variances,
Review and challenge assumptions, provide suggestions to enhance reporting improvements
Collaborate across In-country and BFOC stakeholders to align reporting with business changes
Planning and Forecast Support
- Collaborate with Forecasting and Planning teams to ensure preparation of robust forecasts
- Highlight gaps in forecast submission, perform investigation and analysis
- Proactively support AOP, Budget and Target process to meet operational timelines
Process Improvements
- Continuous review of process with the objective of improving the resource utilization, time taken and quality of deliverables
- Implement projects for enhancing operational efficiency using automation tools (Python, SAS, SQL, Xceptor), support Visualization (Qlik, Tableau) initiatives and drive standardization
- Having actual knowledge of digital tools and automation tools will be an added advantage.
Customers / Stakeholders
- Manage customer relationships/ service delivery
- Ensure adequate support is provided to business partners as per PLA/ adhoc requirement
- Respond to queries from senior level management as appropriate
- Ensuring EUC are mitigated and documented, agreed with stake partner as per agreed timelines
Operational Effectiveness, Governance & Control
- Adherence to Group policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, D&I, clear desk policy
- To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology.
- Effectively drive and manage change, plan business contingency and achieve cross-training
- Ensure service delivery of the designated finance processes per the standards set out in agreed SLAs within the HSBC operating framework considering key operational risk (including people & processes)
- Ensure all processes are correctly and thoroughly documented and updated (SOPs and Process Maps)
- Maintain monthly reporting timetable in Appian tool for both routine and ad-hoc tasks.
Requisitos
What you will need to succeed in the role:
Qualification and basic requirements:
- B.Com/ M.com/M.B A/ Qualified CA (Chartered Accountant)/ CWA / Semi Qualified CA or CWA / MBA with at least 8+ years of post-qualification experience or commerce graduates with at least 12+ years of experience in accounting/financial reporting tools, including hands-on experience in financial reporting, review and analysis
- Understanding of CMB business, products and Collaboration initiatives with other Global business would be an added advantage.
- Commercial acumen – good knowledge of HSBC Business drivers, P&L and Balance Sheet
- Strong working knowledge of Financial Systems is key (e.g. TM1, HMI, HORIS, Omnia, and similar systems)
- Working knowledge of automation tools – Python, SAS, SQL, VBA desirable
- Working knowledge of Visualization tools – Qlik,Tableau, Think Cell
- Good communication and ability to interact with multiple employee levels/business partners, etc.
- Possess good analytical and lateral thinking skills.
- Should have demonstrated the ability of driving results
- Experience in using advanced Excel and Data mining is essential
- Strong relationship management skills across a diverse organization, especially with senior management
- Flexibility to work in accordance with Business requirements – this may include working outside of normal hours
- Must have excellent attention to detail and work within tight deadlines ensuring a complete and accurate flow of information's between stakeholders.
- Must be experienced in working under pressure on multiple process requirements
- Existing or earlier working experience with Asia regional Finance would be added advantage
What additional skills will be good to have?
- Understanding of UK source reporting systems (FTP, FoTC, HORIS, UKMR, Omnia) is an advantage. Candidate with good approach on Automation/Visualization and executing Out of Box thinking is very much welcomed
Link to Candidate User Guide:
(Or)
Go to the below link and type “IND GSC : IJP Applicant User Guide” in search bar. https://hsbchrdirect.service-now.com/hrsp?id=hrdirect_employee_dashboard
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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***Issued By HSBC Electronic Data Processing (India) Private LTD***
Nombre del recruiter
Kiran .
Email del recruiter
kiran@hsbc.co.in