HSBC Group

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger! We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

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. Our global team of Finance professionals partner with the business to provide trusted insights and forward looking analysis, accuracy, efficiency and control to frame and influence business decisions. 
In the Strategic Cost Management (SCM) function we provide accurate, relevant and effective management information (MI), help stakeholders understand tactical and strategic options, make tangible recommendations, and provide analysis to influence and support business decisions. Business partnering is a crucial element of what we do within SCM. 

What you will do: 

The Business Partner, Cost Management will be responsible for oversight of indirect and intercompany expenses for HBCE Continental Europe.  Together with the Head of Strategic Cost Management, HBCE, this role will ensure transparency of Group, CGCIO, GCOO, and Functions costs to lines of business.
The role holder will be involved in reporting of indirect expenses (eg. from Function to GB) to improve transparency for our customers. They will coordinate the Intercompany (ICO) being a substantial element of the costs base. The role holder will also have significant exposure to senior management within HBCE markets, regional Finance and Global ServCo management; as such, the jobholder will require a level of gravitas and credibility. 
The successful candidate can be located in Paris or in Continental Europe.

In this role you will:

• Be a Business Partner
  • Being the primary contact for business partners across business lines and functions, including at senior levels, to help them understand cost drivers and improve efficiency
  • Investigate, understand, explain and challenge the allocations of GCIO, GCOO and Functions’ expenses to lines of business across HBCE
  • Owning the process to update metric keys used to allocate indirect expenses across business lines and countries
  • Help drive accurate forecasting and planning of costs for the entity through run rate analysis, challenge and analytical review
• Control intercompany charges to HBCE:
  • Investigate, understand, explain and challenge inbound charges to the HBCE from Group
  • Understanding and challenging the metrics used for Attributed and Allocated expenses, and driving changes where necessary
  • Work with the Global Business and Functions COO and Finance teams to ensure clear articulation of intercompany services provided, the charge basis and resolving issues and concerns
  • Investigating and understanding intra-Europe allocations, both between countries but also between legal entities within one country
• Be a subject matter expert in costs:
  • Getting involved in ad-hoc projects and investigations, with the lens of ensuring accurate cost management and reporting
  • Acting as the primary point of contact for MI queries
  • Guiding stakeholders to the correct bookings per cost centre to maintain the integrity of reporting
• Drive efficiency and transparency:
  • Being the champion for standard dashboards, and drive improvements to these dashboards to meet our stakeholder’s needs
  • Driving standardization of process, where required, across HSBC Continental Europe

You should apply if you have:

• Experience operating in a complex financial services organization (banking preferred)
• Execution orientated: proactive escalation of issues whilst maintaining solution-focused and flexible approach
• Experience interacting with senior stakeholders with varying degrees of financial literacy
• High communication skills to interact with Senior Leaders
• Agile, change mindset, dynamic and inquisitive / curious approach to work
• Sound judgment, decision making and problem-solving abilities
• Strong influencing, interpersonal, negotiation and conflict resolution abilities 

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.
 
What you’ll get in return:

Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefits!

HSBC has been certified “Top Employer 2024” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain. HSBC in France has been certified with LinkedIn Top Employer 2024 for Finance, recognising our team as a great place to work within the Finance industry.

A unique and flexible working environment:

•  Advantageous remote working agreement
• Diversity and Inclusion is at the heart of our business: joining HSBC will give you the opportunity to work in a collegiate and supportive environment
• You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests
• Usual local benefits (refund of transport fees at 50%, 5 weeks of paid vacation + RTT)
• Family events days off, additional maternity or breastfeeding leave, advantageous paternity leave, parental presence or dependency support leave (for child or parent with disability)
• A Time Savings Account to monetize your untaken off days (CET)

Family benefits:

• Partial reimbursement of childcare costs
• Various bonus (birth bonus, back-to-school bonus for your children up to 25, parental bonus)
• An allowance for parents of children with disabilities
• Possibility to work part-time

Financial benefits:

• A company savings plan and a savings plan for collective retirement
• Meal voucher card or corporate restaurant depending on your place of employment
• Mutual insurance for you and your family, and a pension contract to protect your loved ones
• A loyalty bonus and a long-service medal rewarding seniority
• Holiday vouchers based on your reference tax income
• CESUs (for tax purposes) if you are disabled or if you have a disabled child, spouse or parent
• A Work Council which offers, among other things, ticketing, travel, sports, legal aid, etc.

Personal development benefits:

• Access to our Degreed platform (learning platform above all, that you can use to discover learning content, develop skills, and successfully meet new business challenges)
• We’ll help you progress your career, including access to development programmes, mentoring and coaching, as well as world-class training through HSBC University
• We’ll give you access to resources that support your mental, physical, and social well-being

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best.
 
If you have a need that requires accommodations or changes during the recruitment process, please let us know.

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.

For further information on building your career at HSBC, please visit: www.hsbc.com/careers