HSBC Group

Business: Financial Accounting

Open positions: 1

Role Title: Financial Accounting Specialist GSC’s

Global Career Band: 5

Location (Country / City ): Gurgaon/Chennai

Recruiter Name :  Megha Pokhriyal

The Opportunity:

• Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing finances and costs and deploying capital in the most effective way. Finance Operations ( FinOps ) is core to Global Finance and provides a variety of financial support services to Financial Control (In-Country) teams across the HSBC Group. 
• The current open position is in Financial Accounting team that involves period end close, accounting controls, balance sheet substantiation and Financial Reporting leading into IFRS, FINREP, GSIB & CE reporting which is a key input into the Group Financial/Regulatory Reporting process.
• The role holder will be responsible for leading and managing the period end close process along with Saracen reporting and Balance sheet reconciliation & substantiation. In addition to leading and supervising the team’s performance and managing stakeholders, the role holder is required to drive strategic & tactical transformation within the process.
• Governance and Committee Memberships (membership of ExCos, Risk Management Meeting)
• Role holder will be part of monthly connect with in-country colleagues & change management forums as appropriate, to ensure all the relevant updates/changes are implemented in timely manner.

What you’ll do:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

Risks& Controls

• Responsible for maintaining documentation per RCA and SOX requirement
• Ensure SOPs are updated all times and tested by back ups
• Adherence to Group policies (FIM/DIM), IFRS reporting requirements, audit, controls and compliance requirements
• Ensure testing of processes per BC plan
• Robust back up planning for uninterrupted service delivery

Customer/ Stakeholder

• Excellent communication skills to be able to understand and provide satisfactory service delivery to In-Country team
• Relationship Management with senior managers and at a process level
• Monitoring Performance
• Pro-active approach to be able to deal with new requirements, ad-hoc requests and unusual variances

Leadership & Teamwork 

• Ability to manage and lead the Ledger close and Financial Reporting process
• Presenting financial report to senior stake holders for their review and signoff
• Responsible for meeting the defined SLAs, managing good relationship with the stakeholders, maintaining and developing robust controls in the process
• Ensure adherence to audit, assurance and compliance requirements.
• Ensure high quality of output is delivered e.g. financial data in the reports etc. is accurately and correctly presented
• Drive change initiatives within the process
• Co-ordinate & effectively communicate with other teams in diverse locations across in-country / GSC

What you will need to succeed in the role:

Skills required

• Very strong Accounting & reporting skills
• Able to provide strategic direction and manage Business Partner relationships
• Proficient analytical review skills; ability to add value to customer deliverables through understanding of the business / lateral thinking
• Pre-empt issues or concerns and flag these off to business partner in a timely manner
• Have an eye to detail to ensure that there is 100% review of all deliverables

Accounting skills

• Have in-depth understanding of IFRS and various aspects of it
• Hands on knowledge of FTP/Saracen
• Understanding of financial reporting – IFRS/Finrep/GSIB/CE
• Proficient in excel
• Advanced capability to understand, analyse and interpret numeric data.
• Excellent Communication and Inter person skills – Both verbal and written

Functional Knowledge

• CA/MBA with 10+ years of qualification experience
• Experience of working in Financial Services Industry in ledger close and reporting processes
• Experience of working with processes involving IFRS/Local GAAP
• Would be responsible for ensuring assurance related to balance sheet accounts including substantiation and adherence to FIM
• Should be proficient in financial statement closure procedures.
• Prior experience on IFRS/Finrep Reporting is must
• High level understanding of risk & controls / compliance
• Project management / PowerPoint and presentation skills
• Good understanding of FTP, Saracen, Tableau
• Strong technical understanding of accounting principles and demonstrated competence in their application
• Should have demonstrated ability of driving results
• Experience of interacting with internal and external auditors
• Experience of assurance and compliance reviews/ SOX related reviews preferred
• Capability to understand, analyse and interpret numeric data.
• Excellent Communication and Inter person skills – Both verbal and written

What additional skills will be good to have? 

• Knowledge of automation tools like Python, Xceptor will be an added advantage.
• Must have an analytical bent of mind and ability to work for solutions to the adhoc queries.
• Prior experience of working on any:
• Workflow solutions such as Appian;
• Data visualization tools such as Qlik Sense;

Link to Candidate User Guide:

https://hsbchrdirect.service-now.com/nav_to.do?uri=%2Fhrsp%3Fid%3Dkb_article_preview%26sys_id%3D0c6b11641b6a9810cec0553a2d4bcb2a

 (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.”

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

***Issued By HSBC Electronic Data Processing (India) Private LTD***