Ledger SME Deloitte

Job Title

Senior Consultant Ledger SME (Subject Matter Expert) GCB 3-Finance Transformation

Role Purpose

The Ledger SME is accountable for providing deep functional and process expertise across ledger accounting and financial close capabilities. The role partners with Finance Technology Operations Risk and Change teams to ensure ledger solutions are controlled compliant scalable and fit for purpose supporting regulatory and management reporting needs across HSBC.

Key Accountabilities

Ledger & Accounting SME Leadership

• Act as the senior SME for General Ledger and sub-ledger integration (Oracle Fusion) accounting rules posting logic and reconciliation design.
• Own and maintain ledger process maps accounting treatment documentation and end-to-end data lineage from source to GL.
• Provide authoritative guidance on accounting impacts of product/process changes (e.g. new booking models new feeds new legal entity requirements).

Change Delivery & Solution Design

• Lead functional input into target operating model and target ledger architecture (including controls and governance).
• Translate Finance requirements into functional specifications ensuring traceability from requirement design test sign-off.
• Partner with Technology to shape solution options assess trade-offs and ensure designs meet non-functional requirements (resilience performance auditability).

Controls Reconciliations & Close

• Define and strengthen ledger controls: completeness accuracy timeliness segregation of duties and audit trails.
• Drive improvements to reconciliations (sub-ledger to GL intercompany suspense breaks management) and close efficiency.
• Support Finance in ensuring robust period-end close processes and operational readiness for change releases.

Regulatory Risk & Governance

• Ensure solutions align with relevant accounting standards and regulatory expectations (e.g. IFRS local GAAP where applicable).
• Support internal/external audit model risk and operational risk reviews by providing evidence walkthroughs and remediation plans.
• Contribute to governance forums (design authority change control risk acceptance) and ensure appropriate approvals are obtained.

Stakeholder Management & Leadership

• Build strong partnerships with senior stakeholders across Finance and Technology; influence decisions through data and clear recommendations.
• Mentor analysts/VPs uplift ledger domain capability and promote consistent standards across programmes.
• Manage dependencies across multiple workstreams and ensure delivery remains aligned to strategic outcomes.

Decision Making / Authority

• Sign-off (or provide formal recommendation) on ledger functional design accounting treatment documentation and test outcomes.
• Escalate material risks/issues impacting financial integrity reporting or control environment.
• Approve functional readiness for release and cutover from a ledger/accounting perspective (as per programme governance).

Key Interfaces

• Group Finance / Business Finance / Financial Control
• Technology (Engineering Architecture Data QA)
• Operations / Middle Office / Product Control (where relevant)
• Risk & Compliance Internal Audit External Audit
• Change/Transformation and PMO

Skills & Experience (Essential)

• Strong experience in ledger/finance change within a large bank (GL sub-ledgers accounting rules reconciliations close).
• Proven ability to lead end-to-end functional design and delivery across complex data flows and multiple source systems.
• Strong understanding of financial controls audit requirements and operational risk in a regulated environment.
• Excellent stakeholder management; able to influence at senior levels and communicate complex topics clearly.
• Experience with testing (SIT/UAT) including defining test strategy test scenarios and supporting defect triage.

Skills & Experience (Desirable)

• Exposure to IFRS/GAAP topics relevant to banking products (e.g. accruals fees hedging impairments).
• Experience with ledger platforms and integration patterns (e.g. SAP/Oracle GL Murex/Calypso accounting feeds ETL/data lakes).
• Knowledge of data governance lineage and reporting controls.
• Experience in large-scale transformation programmes (multi-entity multi-country).
• 15-20 years of experience

Location: Gurgaon Bangalore Hyderabad Chennai Pune

Qualifications

• Qualified accountant (ACA/ACCA/CIMA or equivalent) preferred or equivalent relevant experience.
• Relevant change/Agile qualifications are beneficial (e.g. SAFe/Agile PMP) but not mandatory.

Success Measures (Examples)

• Reduction in reconciliation breaks and manual adjustments.
• Improved close timeliness and stability (fewer high-severity incidents).
• Audit/regulatory findings reduced; strong evidence and control design.