If you’re looking for a career where you can make a real impression, join our Global Service Center (GSC)- HSBC and discover how valued you’ll be.
We are currently seeking an experienced professional to join our team in the role of
Financial Accounting Senior Manager
Role purpose:
The main objective of the position is to prepare and execute the accounting closing process of Grupo Financiero HSBC entities on a monthly basis to allow the generation of financial information for local Regulators and Group. It is required to have a very good technical knowledge of local and international accounting, as well as taxes and controls. Very good analytical capacity, knowledge of the accounting process of a bank and experience in managing audits and regulators. Very good technical and communication capacity to train different areas involved in the elaboration of accounting and reporting under both IFRS and local GAAP. Leading the accounting set up in Group projects as well as in new products. In relation to Controls, expected to support risk and control framework, monitoring and challenging CMPs, review RCAs and ARCC and facilitate risk and control governance meetings.
Responsible of ensuring that all Mexico and LAM financial reporting is fulfilled to the highest standards, ensuring correct application of policy, appropriate control frameworks are in place and that accounting and reporting risks are identified and mitigated, manage the relationship with Rating Agencies, comply with requirements related to information to be disclosed to the market including press release and financial statements notes. Reporting directly to the Mexico & LAM Controller ensuring that processes and human resources are in place to deliver to the requirements efficiently in a dynamic and changing environment.
Main activities:
- Prepare and ensure the reporting integrity and accuracy of Mexico entities and LATAM, in accordance with IFRS and with Mexico relevant local standards and policies for all local reporting; leading the implementation of new reporting requirements for Mexico; ensure effective controls and procedures are in place in all reporting provided to Group and local regulator including businesses reporting and Mexico press releases. Leading relationship with Rating Agencies in Mexico.
- Balancing the increasing complexity and requirements for the Finance function in an environment of significant cost focus.
- The need to constantly review and streamline processes, accelerate reporting timelines and maintain controls in an environment of significant cost focus.
- Experience in preparation of Local Regulatory Reports as ACM, R01, R10, R12, R13, R14
- Preparing the team to deliver Cloud project once confirmed for Mexico deliverables.
- Prepare and execute the accounting closing process of Grupo Financiero HSBC entities on a monthly basis to allow the generation of financial information for local Regulators and Group.
- Review of reporting provided to local regulators and group. Review and challenge of variance analysis provided on reported figures.
- Review of reconciliation of local GAAP to IFRS figures for both balance sheet and P&L. Review and challenge of intercompany balances including consolidation adjustments.
- Attending external and internal audit requirements and regulators requests including yearly audits.
- Active participation in all projects delivered by Group and local requiring accounting deliverables (IFRS9, IBOR, Basel III, VIR, etc).
- On controls: Monitor and Challenge Control Monitoring (CMP). Data quality and trigger events monitoring.
- Review of RCAs Global Finance. Issues reporting including escalation to appropriate forums.
- Facilitation of Risk and Control governance meetings (RCMM)
- Accounting, Management Degree or related, Master prefers; background +10 years
- Experience dealing with Finance units/ systems/ Regulators.
- Strong Knowledge of regulatory and compliance frameworks
- Develop initiatives to talent delovment
- Lead with impact
- Local and international accounting
- Negotiation skills
- Strong communication and interpersonal skills to engage with all stakeholders’ levels.
- Problem solving
- Open minded and change environment
- Microsoft office (Word, Excel, Power Point) Proficiency
- Programming languages as Python, SAS, SQL, etc.
- Internal policy making
- English fluent
- Proactive
- Self-drive
- Knowledge of financial regulations applicable in Group and Mexico.
- Experience in dealing with Regulators and Auditors
- Coordination of projects related to the area.
You’ll achieve more when you join HSBC!
At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care
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 (México) Private LTD