Assistant Vice President , Financial Accounting, Intercompany CoE

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realize their ambitions.We are currently seeking an experienced professional to join our team in the role Assistant Vice President - Financial Accounting, Intercompany CoE

Purpose of the role  

Manage end to end delivery of BAU operations for Intercompany Differences investigation, Resolving Inter-co breaks, and Ageing & breaks management, Reconciliations, Follow-ups, Settlements & Consolidation and reporting for Group Financial Reporting team including preparation for audited annual statement which goes to Global Financial Controller for sign off

In this role, you will:

• Ability to manage and lead changes within the process & wider in the Intercompany CoE.
• Responsible and accountable for business service delivery parameters.
• Investigate various Intercompany reconciliation, back up documentation for reconciliations and schedules
• Must be proficient in financial statement closure procedures, strong technical knowledge of Intercompany accounting & related processes (balance sheet/income statement, variance analysis)
• Proficient in assurance and control function related to balance sheet accounts including substantiation for the Intercompany related accounts including Adherence to Finance Instruction Manual.
• Periodic review of the process controls to identify and implement preventive/detective automated/manual controls and establishing corrective actions where a risk in the process manifests as an issue.
• Ensure adherence to audit, assurance, internal controls and compliance requirements.

To be successful you will:

• Chartered Accountant/ CPA/MBA Finance/Finance Graduate, with 10-15 years of experience of working in Financial Services Industry in Intercompany Accounting & Reporting Verticals 
• High level understanding and implementation of risk & controls policy (Finance Instruction Manual /Desk Instruction Manual), IFRS reporting requirements, audit, controls, assurance and compliance reviews/ SOX related reviews, accounting principles and demonstrated competence in their application
• Able to provide strategic direction and manage multiple Business Partner relationships/stakeholders, internal and external auditors, troubleshooting/ secondary reviews and understanding all queries raised by business partner, manage performance and determine escalation as necessary
• Proficient analytical review skills, ability to add value to customer deliverables through understanding of the business / lateral thinking, prepare organizationally and operationally for growth in size of department/responsibilities
• Project management with ability to drive change and strategic initiatives to realize Business Re-engineering, lead migrations & remigrations and successfully establish processes at Global Financial Operating center
• Ensure 100% review of all deliverables with high quality of output delivered e.g. financial data in the reports etc. is accurately and correctly presented 

• Good understanding of systems (Fusion, FTP, HUB, PSGL, etc.), PPT, good to have (HIBS, Saracen 18, various GLs, Appian, Qlik Sense, Xceptor, Python)

You’ll achieve more when you join HSBC.

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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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