HSBC Group

Business: Financial Accounting

Open positions: 1

Role Title: Manager – Financial Accounting  HSCE GSC’S

Global Career Band: 6

Location: Chennai

Recruiter Name: Kiran

What you’ll do: 

Data Management Key responsibilities

• Strong end to end knowledge of front core Banking systems, BI/Risk systems and HBCE reporting systems.
• Timely address the material gaps identified during the reconciliation process (Ledger vs sub-ledgers) for various entities, carry out In-depth analysis of 165+ sub-ledgers and deliberately work to address roadblocks, tracking towards our deadlines and align on progress for all the key deliverables.
• Engage with the DWF IT, change IT and various stakeholders as and when required, responding to queries in a timely manner, and build a strong working relationship.
• Provide subject-matter expertise to the team on change events, and building strong relationships with IT and other stakeholders for issue resolution, process improvement, and change management.

FRGP Reporting (RUBA reporting)

• Own end-to-end local regulatory reporting for the French branch, and liaise with the Regulator as and when required.
• Responsible for the delivery of the local regulatory reporting requirements to the ACPR, on monthly, quarterly and annual bases.
• Support the end-to-end data flow in Evolan tool for local regulatory reporting for the French branch.
• Oversee French GAAP BS and P&L, ensuring adherence to Standards and keeping abreast of new developments.
• Responsible for the French GAAP primary statement end-to-end process, from DWF (Financial Data Warehouse) primary statements to SURFI/RUBA to input into local tax returns. Understanding both accounting and system interactions, and taking action as required for issue resolution.
• Keep abreast of ACPR reporting changes, and working with local IT and other stakeholders to incorporate into BAU reporting.
• Manage financial control framework and activities (i.e. Audit requests, review and challenge, process improvement, etc.)
• Be the key point of contact for France Financial Control initiatives (e.g. senior stakeholder engagement, new products, system changes etc.)  
• Working closely with key stakeholders when new products and transactions arise, to ensure compliance with French GAAP.
• As a senior member of the team, working with the Head of Finance to provide support to the Financial Controllers, ensuring consistent control frameworks and practices are in place through:
• Robust control framework for month-end close process and ensuring deadlines are met
• P&L and BS variances are understood from both business and technical accounting perspective
• Delivery of MI and Analytical Reporting to relevant stakeholders

Accountable for:

• Provision of well-grounded analysis for own areas of accountability to enable sound understanding of business requirements and informed decision making.
• Analyse the systems’ architecture and understand existing solutions to assess how to leverage and enhance them.
• Support project management with business and technical documentation
• Design and implement data transformation process.
• Gain understanding of the change in banking operations and other activities performed by the Group.
• Understand the business/finance meaning behind reporting system`s specifications.
• Investigate the source of required information and design the logic of obtaining such information. 

What you will need to succeed in the role:

• CA:  minimum 3-4 yrs, of post-qualification experience
• Sound Accounting & Financial Reporting knowledge.
• Strong Understanding of IFRS, FRENCH GAAP requirements related to product control.
• Good understanding of IFRS, FinRep and GSIB reporting requirements.
• Exposure to treasury reporting schedules would be preferable.
• Exposure to multiple systems and database handling. Prior experience in Saracen submissions preferable.
• Ability to understand numbers and their impact. Drive and achieve accuracies across report deliveries.
• High level analysis skills, including the ability to look at the bigger picture and interpret data & trends in the context of business, as well as
• the ability to work quickly & accurately to tight deadlines
• Knowledge of, and experience in planning and organizing techniques as well as in problem solving techniques
• Self-driven, with the ability to lead teams and work within a team
• Flexibility to work in accordance with Business requirements
• Capable of working with stakeholders to understand requirements and translate them into process / data maps, etc.
• Strong attention to detail and being solution oriented
• Complex analytical reasoning skills enabling appraisal of the Global reporting requirements and translate into functional requirements for
• system development
• Strong communication skills (both oral and written) and an ability to communicate complex ideas in a simple manner to a global audience
• Willing to challenge the status quo, be proactive and innovative in driving change
• Willing to travel if needed
• Excellent working knowledge of MS related products i.e PowerPoint, Excel.

Additional Skills

• Prior experience in Financial Accounting and Reporting.
• Knowledge of FINREP/GSIB /IFRS reporting

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.” 

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