Vice President , Financial Accounting

Job Title: Vice President , Financial Accounting

Business: Finance

• The current open position is in HSBC Financial Accounting team that involves period end close, accounting controls and balance sheet substantiation leading into IFRS, FINREP, GSIB & CE reporting which is a key input into the GFR process. We are currently seeking an ambitious individual to join this team in the role of “VP Finance Operations”.
• The role holder will be  responsible for leading and manage the period end close process along with Saracen reporting and Balance sheet reconciliation & substantiation. In addition to leading and supervising the team’s performance and managing stakeholders, the role holder is required to drive strategic & tactical transformation within the process.
• The Financial reporting process also include Local Regulatory reporting, TM submissions and Accounting process includes GL Close process, I/C reconciliation, Balance Sheet reconciliation & substantiation, Audits etc.  Key priorities include production of Analytical review, control and compliance with IFRS, Local GAAP and supporting CAO/CFO and Regional /Group sign off.
• There is a strong focus on transformation and the role holder has the responsibility to review the end to end processes and controls and to work closely with upstream and downstream processes (eg: Product Control/Risk/IPAC/Risk& Compliance, Tax & Transfer Pricing etc.) to strengthen the end-to-end process

In this role, you will:

Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)

• Ability to manage and lead the Ledger close and Reporting process.
• End to end process ownership, management and preparation of BAU reporting and ensuring effective controls in place. Proficient in financial statement closure and reporting procedures.
• Responsible and accountable for business service delivery. Presenting financial report to senior stake holders for their review and signoff
• Would be responsible for certification and ensuring assurance and control /design effectiveness related to balance sheet accounts including substantiation including Adherence to FIM.Representing in change forums, understating the change / impact on FA process and ensuring smooth implementation
• Responsible for meeting the defined SLAs, managing good relationship with the stakeholders, maintaining and developing robust controls in the process
• Ability to analyze and review processes, identifying automation and simplification opportunities and drive transformation agenda. Drive change initiatives within the process
• Ensure high quality of output is delivered e.g. financial data in the reports etc. is accurately and correctly presented
• Understanding of control frameworks and how to implement effective controls in practice.;

To be successful you will:

• Recognized professional accounting qualification with 15+ years of experience predominantly in Finance, including in leadership positions managing complex requirements from senior stakeholders
• Experience of operating in senior governance forums, handling auditors
• Strong experience and understanding across financial accounting and business finance. Strong formal written reporting skills and experience of drafting papers for Board-level audience
• Ability to work under pressure, report to tight deadlines and deal effectively with issues as they arise
• Commercial mindset with strong execution and problem-solving skills.
• Ability to communicate complex and technical messages to stakeholders at all levels of the organization.

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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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