HSBC Group

Business: Financial Accounting

Open positions: 1

Role Title: Financial Accounting Specialist GSC’S

Global Career Band: 5

Location: Gurugram, Chennai

Recruiter Name: Megha P

Why join us?

The role holder will be part of the financial accounting team providing support in the area of Period End Close, Accounting control & Assurance to ensure accurate and timely submissions. This is a highly critical role and the mainstay of the Financial Accounting team which facilitates all the IFRS/FinRep/GSIB/Country Exposure/ Local GAAP, BSRS & MI Actuals submissions. It involves multiple handoffs between systems, coordinating for arrangement level data from various sources, supplementary data to support both local and Group submissions/reporting, alongside governance. Also, the role entails close liaising with various upstream / downstream teams to ensure data is “fit for purpose” for submission/reporting within the stringent timelines of both Local and Group reporting requirements.

The Opportunity:

Governance and Committee Memberships (membership of ExCos, Risk Management Meeting)

• Role holder will be part of monthly connect with in-country colleagues & change management forums as appropriate, to ensure all the relevant updates/changes are implemented in timely manner.

What you’ll do:

Principal Accountabilities and Responsibilities

Service Delivery

• Ownership of the end to end pre-close, month close & post close activities assigned.
• Review and approval of all journals posted in the ledger/MI system.
• Preparation & review of B/S, P/L Schedules, final accounts per IFRS/Local GAAP.
• Preparation & review of Annual Reports & accounts
• Preparation of Analytical Review (“AR”) for Regional submission on quarterly basis.
• Ensure appropriate hierarchy maintenance/local mapping of respective Business/product/segments per guidance from Global / Regional /Local Finance teams.
• Ensure timely & accurate submission of Customer Group financials in Saracen and MI actuals.
• Ensure timely & accurate submissions under stringent timelines and show resilience to work under pressure.
• Front-end & actively contribute towards strategic initiatives and change management initiatives impacting Service Delivery.
• Gain SME knowledge with intent to handle exceptions efficiently & make processes leaner.
• Identifying opportunities to improve operational efficiency and execute with agility.
• Lead, identify and track benefits associated with the remediation of data quality issues.

Risks & Controls

• Continually assess the operational risks inherent in the processes & implement controls to mitigate the associated risks.
• Effectively manage change, plan business contingency & achieve cross-training.
• Responsible for maintaining documentation required for RCA and SOX review.
• Ensure SOPs are updated, reviewed and tested by back ups
• Support Group policies, IFRS reporting requirements, audit, controls and compliance requirements

Stakeholder management

• Excellent communication skills to be able to understand and provide excellent service delivery to In-Country.
• Continuous engagement with stakeholders on evolving business and functional requirements to work towards standardization and implementation of Group organizational initiatives.
• Establishing an effective and robust communication channel with multiple stakeholders to ensure timely flow of data/information.
• Ensure timely resolution of queries/issues raised by stakeholders.
• Pro-active approach to be able to deal with change management, ad-hoc requests and unusual variances.

Transformation/Transition

• Challenge status quo of the manual processes and pro-actively identify opportunities for process re-design.
• Drive initiatives to simplify, standardize, automate & stop activities/process and execute at pace.
• Collaborate with teams across sites and implement best practices as appropriate.
• Execute transformation, integration & transition initiatives.

Leadership & Teamwork

• Should be a team player and participate/drive initiatives led at Finance function.
• Exhibit high levels of ownership and collaborate with teams across Finance.

What you will need to succeed in the role:

• CA/CPA/ACCA/MBA/ICWAI/M.com/B.com:  CA: 2+ yrs, MBA: 4-5 yrs, M.com/ B.com: 6-8 yrs of post-qualification experience.
• Experience of working with processes involving IFRS/Local GAAP.
• In-depth functional experience in accounting for all balance sheet / income statement heads.
• Strong technical knowledge of Accounting and reporting principles.
• Should be proficient in Financial statement closure procedures
• Strong understanding of Financial systems.
• Must have keen attention to the detail & strong analytical skills.
• Strong Excel and access skills to interpret huge data volumes
• Experience of working with colleagues and stakeholders cross-border in a multinational organization
• Proven track record of leading by example in terms of values and behavior

Others

• Drive participation in various events across Finance Function.

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.

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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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