VP, Management Reporting, SCM, HBUK

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. HSBC is one of the largest banking and financial services organizations in the world, with operations in 62 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 of VP, Management Reporting, SCM, HBUK

Purpose 

• HSBC is a leading and international bank; Global Finance and Finance Operations partner with the business to provide trusted insights and forward-looking analysis, ensuring accuracy, efficiency, and control to influence decisions.
• This senior FP&A (Financial Planning and Analysis) Cost Management role is accountable for end-to-end service delivery across Cost Data Management, Cost Reporting, and Cost Analytics for HBUK (HSBC UK) , supporting FRP (Financial Reporting Process) /forecasting and actuals reporting with robust financial performance management.
• The role builds strong senior stakeholder relationships and provides executive MI, insight and challenge on cost drivers, scenarios, workforce planning, and productivity/investment proposals, including supporting investment cases end-to-end (business case formalization, CTB (Change the Bank) forums linkage, and funding-related finance management).

In this role, you will:

• Oversight and cost governance: The role holder will be accountable and responsible for oversight of all cost management reporting requirements for the Business/Region. This includes but is not limited to: Regional costs team engagement to ensure an effective and efficient cost assessment approach and process; Strategic Planning cost lead for SCM ( Supply Chain Management) and Group Infrastructure teams.
• Planning, forecasting and performance challenge: Lead coordination, consolidation, review, and challenge of business plans and forecasts covering detailed cost deep dive analysis, and other performance measures.
• Process and control enhancement: Responsible for reviewing and re-defining the associated processes, where required, to enhance controls and documentation, remove manual processes, and deepen the expertise and understanding of the teams supporting these processes to be able to effectively quality assure the associated outputs.
• Decision support and senior engagement: Provide quantitative and qualitative analysis to support decision-making, maintaining regular engagement with senior management.
• Forward-looking MI and target delivery: Deliver best-in-class forward-looking Cost MI and insights to maximize performance and support delivery of financial targets; Drive enhancements to performance analysis across products and markets, including variance analysis of forecasts versus actuals.
• Reporting delivery: Ensure monthly production of ad hoc reporting to internal stakeholders, including OpCo, and support quarterly reporting requirements; Oversee timely delivery and continuous development of external and internal reporting requirements for the region and Group Functions, ensuring clear understanding of performance drivers and impacts on Group results.
• Digitization and scenario assessment: Lead digitization of MI (Market Intelligence) and FP&A cost processes using modern tools and technologies (including AI), partnering with Business teams and the COO (Chief Operating Officer) function; Assess business plans under different scenarios, including iterations to business strategy, to steer performance and ensure targets are achieved.
• Business partnering and simplification: Act as a partner to the SCM and Group Infrastructure teams, providing rapid responses, financial expertise, and ad hoc analysis focused on cost efficiencies and direct/indirect costs; Maintain active engagement with the Business/Entity to understand key business drivers and core components; Drive continuous process simplification and automation; Ensure a robust control environment across reporting and data sources.
• Leadership, capability building and execution: Proactively identify opportunities and support execution of strategic projects and commercial initiatives, representing Finance in key forums as required; Lead and manage teams to deliver high performance and promote a strong control culture; Recruit, train, and mentor colleagues, building a culture of continuous improvement; Manage change effectively, supporting teams through transformation and adoption of new technologies; Provide leadership through coaching, guidance, and timely feedback; Support retention of key talent and development of future skills; Collaborate across functions and entities to promote consistency and teamwork; Understand current processes, systems, and data flows, and shape the target end-state; Design and enable training aligned to transformation needs, with focus on commercial acumen, business partnering, and technical accounting knowledge; Act as an escalation point for issue resolution and workload management to meet critical deadlines; Build a future-ready workforce with skills that are fungible across the wider function to manage capacity constraints.

To be successful you will:

• Recognized professional accounting qualification (CA) or MBA from Tier1 Institute with minimum of 10-12 years of experience predominantly in Finance and not exceeding 15 years, including in leadership positions managing complex requirements from senior stakeholders.
• Governance and assurance: Experience of operating and influencing in senior governance forums, handling auditors.
• Finance, reporting and business partnering: Strong experience and understanding across financial accounting, financial reporting and extensive experience of business partnering in a Business / Group facing process.
• Business and product knowledge + senior communication: Strong understanding of banking and non-banking products/ segments; Strong formal written reporting skills and experience of drafting papers for senior management.
• Innovation and collaborative culture: Create culture of innovation, experimentation (including failure and learnings from those failures), sharing and collaborating.
• Process design and operations management: Proven track record of designing, implementing and operating processes; Operations management including process governance and stakeholder management.
• Controls, re-engineering and operational excellence: Experience in designing, implementing and validating the effectiveness of process controls; Proven track record of driving re-engineering, process synergies and technology-based solutions; Ensuring adequate controls across all deliverables to mitigate operational risk and ensure the highest levels of operational excellence.
• Core personal capabilities (commercial, problem-solving, modelling/storytelling): Firm Decision-making underpinned by commercial awareness. Making data-informed decisions that appreciate the risks and opportunities; align to the organizational goals; are relevant and meaningful in the commercial context of the business; are future proof; communicate well the basis of decisions; and take ownership of the decisions and a vested interest in their outcomes. Problem solving. Typically exemplified through Critical thinking to gather information from various sources, differentiate facts from assumptions, and weigh up the pros and cons to support well-informed decisions; create an environment in the team and with stakeholders to ideate best solutions to problems; challenge assumptions; be creative by ‘thinking outside the box’; and drive conclusions, actions and outcomes. Financial Modelling & Storytelling. Apply appropriate financial model techniques and ensure a sound control environment and be attentive to detail; apply Analytical Thinking to identify patterns and relationships and causes, evaluate information objectively, and evaluate outputs to ensure they are commercially viable; ensure models have commercial applications answering the ‘so what?’ of the output; and create and communicate impactful financial storytelling.
• Leadership, delivery focus and ways of working: Proven leadership and relationship management skills in dealing with all levels as well as the confidence to interact and be lead partner to senior management; Exceptional drive and commitment, ability to work and thrive in a fast changing and results driven environment, and proven ability in handling competing priorities; Strong influencing, interpersonal, negotiation and conflict resolution abilities; Excellent communication, planning and organization skills; Proficient analytical review skills; ability to add value to customer deliverables through understanding of the business / lateral thinking; Ability to work in a dynamic environment and adapt to frequent and multiple changes; Effective team player – very collaborative, communicates progress, status and issues on a regular basis; High degree of motivation and commitment.

You’ll achieve more at 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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