Vice President, Finance Operations - Insurance

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 organisations 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Vice President, Finance Operations- Insurance

Principal responsibilities

• Responsible for managing and transforming the Finance processes for the Insurance businesses supporting multiple legal entities and engaging with a diverse set of stakeholders globally.
• Responsible for General Ledger accounting, Insurance Financial Reporting, local statutory reporting, intercompany reconciliations, as well as balance sheet reconciliations and substantiation. The role involves leading disclosures and monitoring accounting developments in line with new accounting standards and related updates.
• There is a strong focus on transformation, and the role holder will be responsible for reviewing end-to-end processes and controls, while working closely with both upstream and downstream teams (Operations team, Investment teams, HSS, GB/GF, ServCo, Tax, Audit, etc.) to optimize the overall process. The role holder will also work with sub-process owners across the end-to-end process to drive simplification.
• The role holder will represent the function in key governance forums including Steering Committees, Financial Reporting Committees and Control Committees, actively contributing to discussions and decision-making. The role holder will be responsible for cascading key outcomes to the team and ensuring effective follow-through and implementation of actions arising from these forums.
• The incumbent will ensure the effectiveness of the internal control environment by establishing and maintaining robust process controls, safeguarding the accuracy and integrity of financial accounting and ensuring the reliability of financial accounting & reporting.

To be successful you will:

• Recognized professional accounting qualification with 14+ years of experience predominantly in Finance, including in leadership positions managing complex requirements from senior stakeholders
• Technical Expertise: Deep knowledge of Insurance accounting, reporting, and control frameworks.
• Transformation Experience: Proven track record of driving re-engineering, process synergies, and technology-based solutions.
• Deep understanding of relevant accounting frameworks (e.g., IFRS/IAS), with the ability to interpret and apply new or evolving standards.
• Experience in preparation, review, and delivery of consolidated insurance reporting for group/regional entities including strong working knowledge of IFRS 17
• Working knowledge of financial systems and reporting tools ( GL systems, Financial consolidation tools, data platforms).Experience in managing or contributing to finance transformation projects, system implementations or organizational change initiatives.
• Knowledge of emerging technologies, including AI and automation and guide the team in adopting these tools to improve efficiency, controls, and overall process effectiveness.
• Experience of operating in senior governance forums & handling auditors.

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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