Job description
Business: Commercial Insights & Analysis
Open positions: 1
Role Title: Senior Commercial Business Partner
Global Career Band: 4
Location: Chennai, Hyderbad, Gurugram
Recruiter Name: Kanchan Lalwani
Why join us?
Finance Operations (FinOps) is an integral part of Global Finance, supporting teams around the globe through high quality delivery across a broad range of Finance activities. FinOps operates as one connected team of c3k FTEs (c35% of Global Finance) organized around key global processes; FinOps operates in multiple locations in India, Poland, priority and network markets. FinOps is currently undergoing a significant transformation to realign existing ‘global process owners’ towards the three future pillars, namely Accounting Operations, Data Operations and regionally led Reporting Operations.
Management Reporting is a sub-function of FinOps and one of the aforementioned ‘global process owners’, specializing in the delivery of reports and insights for the Global Businesses – these cover revenue and sales performance, cost analysis, balance sheet management and client profitability, Group Business disclosures and Governance. MR looks to partner with in-country Business Finance (BF) teams and align to similar strategic objectives to ensure effective finance partnering to the Business – both BF and MR are integrated with Insight & Advisory vision.
The Opportunity:
The role is part of Management Reporting team. The purpose of the team is to work closely with the Head of Business Disclosures and Governance in driving insightful and accurate business and financial disclosure to internal and external stakeholders, underpinned by robust financial analysis, governance and controls; drive the continued development of key group-wide disclosure priorities and controls, and support key governance forums. The role requires confident and proactive engagement with senior stakeholders and the ability to generate high-quality written output.
The role holder will have a broad role with strong focus on external reporting encompassing: -
The preparation of business performance commentary, at both a Group and segment level, for inclusion in the Group quarterly results announcements, working collaboratively with business segment and legal entity finance teams to ensure commentary is insightful, accurate, fair and balanced
Understanding Group and business segments financial performance relative to the Group’s strategy and across a range of performance metrics. This will require the role holder to prepare insightful analysis and commentaries
The preparation of supporting analysis that underpins external performance commentary under tight timelines
The verification of key financial and business disclosures; ensuring disclosure is accurate, complete and from trusted sources with no material control or process deficiencies
Strategic collaboration with stakeholder groups encompassing Group Financial Planning & Analysis, Business Finance, Investor Relations, Controllership, Risk, Regulatory and Treasury teams
Supporting the preparation of papers for Global Financial Controller, Group Operating Committee and Group Audit Committee, writing summary emails and briefing notes to facilitate insightful financial analysis. Emphasis is on highlighting key issues in a succinct and easily understandable format
Leading the end-to-end co-ordination of the teams involvement in the production process across externally published reporting documents, including the Group’s Annual Reports and Accounts, Interim Reports, quarterly presentation to analysts and investors
Lead projects focusing on enhancing controls governance process, process simplification and standardization resulting in raising standards on controls, governance aligned with Group strategic objectives
Building connections with Financial Reporting, IFRS teams on reporting updates accounting impacts on reporting e.g IFRS18, assessing impact on Group disclosures and translation to our quarterly reporting process
Liaising with the Group’s auditors on specific areas of focus
Collaboration with Finance Change, Digital Enablement to drive process automation initiative
The role holder will be supported by team members based in London and India, as well as working closely with colleagues across HSBC locations
This role will suit an individual who enjoys teamwork and is keen to develop their knowledge of Group financial disclosures, Controllership, governance and Group and segment financial performance.
The jobholder will be required to understand the Group’s strategy.
The jobholder will need to constantly engage with a broad range of Finance stakeholders for both BAU outcomes and building commercial acumen, as well as various stakeholders in FinOps to ensure a joined-up approach.
The jobholder is expected to be a self-starter and should be able to ask the right questions and use judgement to adapt appropriately to a dynamic environment.
Be connected and eager to experiment and implement emerging technologies and process improvements
What you’ll do:
Impact on the Business
Partnering with Senior Finance Leads in delivering timely and accurate disclosure.
Enhancing quality of outputs and reporting standards to drive business outcomes
Deliver on standardisation and simplification initiatives and monitor & assess the effectiveness and efficiency of the processes on a regular basis.
Actively engage with the Financial Control / Regulatory Reporting / Business Finance and Investor relations teams
Identify opportunities and actively engage in execution of strategic projects
Customers / Stakeholders
Drives customer centric outcomes and embedding a ‘business partnering’ mindset
Engages with stakeholders through fact-based conversations, building strong relationships to ensure consensus.
Anticipates and addresses issues and concerns from stakeholders and resolves them in an effective manner.
- Drives synergies and process efficiencies including adoption of new and advanced automation solutions
Leadership
Showcasing thought-leadership; build a strong brand culture, encourage forward thinking.
Lead Transformation Reporting to enhance reporting and drive efficiencies.
Operational Requirements
Proven track record of adapting and improving operational processes around changing stakeholder requirements.
Process operations skillset including process governance, driving re-engineering, curiosity to identify process improvements and leveraging technology to drive automation and insight improvements.
Impact on the Business
Financial disclosures
Performance Metrics
Strong customer feedback.
Effectiveness of the data and metrics.
Effectiveness of common data platforms. and utilities
Sharing of best practices and build cross-functional engagement
Strategy execution and impact on Strategic objectives
Customers / Stakeholders
Feedback from stakeholders & regular engagement.
Timely and effective resolution of all issues and concerns.
Converting challenges into opportunities.
Leadership
Business Partnering and Executive Decision support
Implementation of Transformation initiatives
Management of Risk
The jobholder will also continually reassess the operational risks and likelihood of operational risk occurring. This will be achieved by reviewing risks associated with the role and inherent in the business, taking account of changing global economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new processes. Effective and timely remedial action should be evidenced.
Observation of Internal Controls
The jobholder will adopt the Group Compliance Policy by escalating any identified compliance risk in liaison with, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply.
Requirements
What you will need to succeed in the role:
Technical Skill Requirements
Recognized professional accounting qualification predominantly in Finance, experience in Finance Operations is helpful but not essential.
Understanding of data architecture, finance and accounting systems (including TM1 and Saracen), plus IFRS reporting and disclosure requirements.
Ability to distill and understand large volumes of financial data and information, and produce commentary to an externally disclosable standard that is both accurate and understandable to both financial and non-financial users
Commercial business knowledge which includes a solid understanding of the strategic objectives of the business segments and Group, Legal Entities framework with ability to communicate these confidently to all stakeholder groups.
Knowledge of Finance processes including planning, budgeting, forecasting, P&L analysis, financial modelling and management reporting.
Experience of designing, implementing and maintaining an effective control framework to ensure high quality repeatable delivery.
Skilled in usage and adoption of digital technology such as automation and visualization tools
Personal Skill Requirements
Excellent leadership skills, clear and effective communications, strategic thinking to understand Business drivers, ability to drive BAU and change at pace, strong execution and problem solving skills alongside showing judgement to act in times where ambiguity or imperfect information exists.
Ability to work in a dynamic environment and adapt to frequent and multiple changes.
Ability to work under pressure, report and react to tight deadlines and deal effectively with issues as they arise.
Effective team player - collaborative and good communicator who can play a lead role supporting wider MR peers/teams and influence positive change on the FinOps agenda.
What additional skills will be good to have?
Communicating with a broad range of stakeholders across functions in diverse locations and establishing working relationships across
Keeping calm under pressure and operating under uncertainty within faced paced environment.
Resilient to change and adopting positive change mindset, influencing diverse range of stakeholder groups
Know-how/Exposure to Digital Tools like Python/VBA/Qlik would be desirable
Exposure to Transformation Projects/Change Management would be desirable
Link to Candidate User Guide:
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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***
Nom du recruteur
Kanchan Lalwani
Courriel de recruteur
kanchan.lalwani@hsbc.co.in