Balance Sheet Reconciliation and Substantiation Manager

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

Balance Sheet Reconciliation and Substantiation Manager (BSRS) Manager

Role Purpose:

Provides support and oversight over the assessment, design, implementation and monitoring of the Account certification process and remediation of initial findings to set up a long-term process to consistently reconcile and/or substantiate accounts in accordance with the policy requirements, and ensure exceptions are identified, escalated, and reported to the Finance function through the monthly certification process, protecting assets, providing timely and accurate information.

This role has the main purpose to avoid losses due to regulatory fines and incorrect account registers ensuring the reasonability of the information in the Financial Statements.

• Provides support and oversight over the assessment, design, implementation and monitoring of the Account certification process and remediation of initial findings to set up a long-term process to consistently reconcile and/or substantiate accounts in accordance with Balance Sheet Reconciliation and Substantiation (BSRS)
• Ensures exceptions are identified, escalated, and reported to the Finance function through the monthly certification process, protecting assets.
• Builds and brings support to the Balance Sheet Reconciliation and Substantiation (BSRS) governance and analysis.
• Provides timely and accurate information to senior management.
• Ensure the reasonability of the information in the Financial Statements.
• Contribute to the complete and accurate financial information to public investors and regulator
• Supervise teams to ensure timely submission of financial and regulatory reporting to external stakeholders, including FCA, BoE and PRA
• Supervise the monthly balance sheet reconciliation and substantiation process across HSBC
• Support development close timetable, including internal reporting timelines and periodic lodgement of all statutory reporting by external deadlines
• Support the financial approval of new business, draft advice on financial and regulatory treatments applied
• Prepare financial and regulatory returns for management review (e.g. liquidity overage, net stable funding)

Client / Stakeholders

• Ensuring the reasonability of the information in the Financial Statements.
• Contribute to the complete and accurate financial information to public investors and regulators.
• Provide to stakeholders the required information on time.
• Work closely with the business to ensure completeness of the periodic control assessment and testing of individual controls

• Bachelor’s degree in accounting, mandatory.
• Accounting background 5-8 years of experience
• Audit experience
• Experience dealing with Finance units/ auditors/ Regulators
• Lead with impact
• Local and international accounting knowledge
• Negotiation skills
• Problem solving
• Open minded and change environment
• Advanced quantitative and presentation skills, with attention to detail and advanced knowledge of Microsoft Excel, Power Point and Access, and ability to work with large volumes of data leveraging spreadsheets and models.
• Microsoft office (Word, Excel, Power Point) Proficiency
• Internal policy making
• Proficiency English desirable B2 or higher
• Team player with an ability to work well with others in a fast-paced, high-energy environment
• Take ownership and execute on deliverables
• Proactive
• Self-drive
• Excel

 

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.

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. 

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