HSBC Group

Business: Financial Accounting       

Open positions: 1

Role Title: Manager – Finance Operations GSC’s

Global Career Band: GCB 6

Location (Country/City) : India/ Gurgaon / Chennai

Recruiter Name : Kiran .

Why join us?

• Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Global Service Center (GSC) is core to Global Finance and provides a variety of financial support services to In-Country teams across the HSBC Group.
• Financial Accounting (FA) is responsible to provide outstanding Financial Control support in the areas of Period End Close, Accounting control & assurance and Site Reporting (GRCA reporting/Regulatory Reporting, MI and manual returns). FA is a very important function under the overall umbrella of financial control. FA ensures that there are adequate controls / checks on the sourcing, preparation and reporting of all outputs to be produced by the FR team.

What you’ll do:

• This role is for Financial Accounting (FA) sub-function for a region/LOB and all legal entities within that region/LOB. The end-to-end process will include:(a) Perform accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into TB analysis, exception management and book closure.
• (b) Perform Pre close monthly activities, reconciliation.
• (c) Quarterly/Monthly IFRS/FINREP/HKMA/GSIB/CE reporting, Analytical reviews and manual returns.
• (d) Cost analysis basis Global business lines.
• (e) Having prior knowledge on Saracen /FTP /TM1 /Tableau / Power Query/ advance excel will be preferred. 

Risks & Controls

• Maintain defined operations Risk framework
• Adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements.  
• Ensure BC plan is documented, agreed with in Country team and tested for all the processes as agreed
• Responsible for timely update and maintenance of RCAs, BIAs, PLAs and ensuring all other documents like the SOPs are in place and updated.
• Robust back up planning for uninterrupted service delivery.

Customer/ Stakeholder

• Drive performance to agreed service levels and manage In-Country teams’ expectations in a timely and professional manner
• Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism
• Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).
• Manage / Support In Country relationship effectively.

Key Customers

• In country FA teams
• Regional/ Group teams 
• Global projects team
• Other internal customers

What you will need to succeed in the role:

• Involve in accounting control function to support the Bank’s financial, compliance and other management reporting processes with regard to existing accounting policies, requirements and initiatives
• Handle accounting control operations for account reconciliation and substantiation as well as participate in financial system development projects
• Monitor financial data integrity during system migration and assist in reviewing financial control design and implementation
• Assist in the application and impact assessment of latest accounting standards for financial reporting and disclosures
• Assist the finance functions for implementing the operational risk management initiatives according to Group guidance
• Prior experience in Reporting profiles is a must and exposure in month end close will be preferred
• Experience in Consolidation and sub consolidation will be preferred.
• Strong knowledge of Site Reporting at Financial Institutions will be a must.
• Excellent communication skills, including experience of explaining complex technical matters simply
• Strong technical skills which help to work on Automation and efficiency will an added advantage
• Prior experience in BS Consolidations of accounts will be an added advantage.

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 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.

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.”

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