Manager- Finance Operations

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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 Manager- Finance Operations.

Purpose of the role

Group Financial Reporting is responsible for managing Reporting development, performing Consolidating, Analyzing financial statements and Preparing and publishing of Europe financial statements for external Stakeholders including regulatory Authorities. The team is responsible for end to end ownership of key deliverables, including but not limited to Instructions letter, Adjustments, Journals, Assurance templates review, Consolidation / assurance checks, substantiate the IFRS and FINREP disclosure and to provide Sign-off to stakeholders.

In this role, you will:

• Impact assessment around new (and changes to existing) reporting requirements and subsequent formulation of change requests which include GRCA/Non GRCA changes (New GRCAs/Customs, complex rules, eliminations across IFRS/FINREP/GSIB/LEV etc.) implemented in Saracen as part of quarterly change cycle.
• Supporting dry run instructions where data is collected in a separate environment for new disclosures (like Assisting Group Financial Reporting & RFR teams on changes during quarterly, interim and annual reporting cycles, Testing and Review of change requests impacting Financial Reporting (and other areas) as part of quarterly change cycle. These include (but aren’t limited to) GRCA/N-GRCA/Elimination Rules etc. in Saracen.
• Perform analytical review (in line with IFRS) and provide assurance on the quality and accuracy of data to be used for preparation and publication of Financial Statements and associated disclosures. The process involves performing appropriate analysis and logical checks to ensure there is reasonableness and consistency in data submissions, as also to identify any material errors and omissions.
• Understand the consolidation mechanism of complex and granular financial information required for IFRS and FINREP reporting Purposes. Prepare/review consolidation journals, manual returns (Detailed break-up/ commentary on numbers), ad hoc information and notes to the Accounts.
• Perform and review analytical review and commentary on primary statements, notes and other disclosures in the Annual Report & Accounts and Interim Report.
• Be a team player in supporting the planning and forecasting team activities (monthly and quarterly), wherever applicable.
• Periodic Review & Assessment of Controls in Helios to ensure they are up to date and MSIIs raised have defined resolution path.
• Review & governance around EUCs and SOPs to minimize operational risk.Responsible for reviewing and monitoring adequacy of internal controls in the process through CMPs and other assurance.
• Work closely and building strong relationship with multiple stakeholder. Build mechanism to track data inconsistencies as early as possible in the reporting cycle and take remedial steps to correct them.

To be successful you will:

• CA with at least 5 yrs of relevant experience or Graduate / Post Graduate in Finance/Accounting with at least 8-10 yrs. of relevant experience in GRCAs/Financial Reporting/Operational Knowledge of IFRS/FINREP/GSIB reporting requirements and associated elements
• Working experience on Wdesk and Saracen would be an added advantage.
• Person should have good understanding on consolidation of financial statements.
• The role ensures that controls are designed effectively and operate robustly such that they meet internal/external audit and regulatory expectations.
• Coordinate with Internal Audit, Assurance & Controls team for delivery of high quality review and assurance. Prior experience in controls office would be an added advantage.
• Ability to understand numbers and their impact drive and achieve accuracies across report deliveries
• Flexibility to work in accordance with Business requirements
• Should be open to shifts and willing to work in flexible hours as per the process requirements

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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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