AVP- Financial Accounting
Job Summary
Some careers shine brighter than others.
If youre 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 organisations 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 realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - Financial Accounting
In this role you will:
- Managing monthly and quarterly IFRS/FINREP/GSIB/Regulatory and MI Reporting and manual returns for legal entity
- Process Leader for one of the Financial Accounting work streams for the region and all legal entities within that. Extensive involvement with all stakeholders.
- SME in the area of financial control & accounting and have an end to end knowledge in closure of books per IFRS
- Extensive exposure in various aspects of Site Reporting (IFRS/FINREP/GSIB/Regulatory/ MI Reporting and Manual return) and have the ability to move to a hands-on approach.
- Coordinate with the regional finance teams for preparation of accounts timely closure of GL completion of Site Reporting.
- Deliver process improvement / efficiency. Partner with change management to support continuing process re-engineering initiatives.
- Adherence to Group policies IFRS reporting requirements audit controls and compliance requirements. This also includes and is not limited to Declaration of secrecy data protection act health safety and security clear desk policy
- Ensure BC plan is documented agreed with In-Country team and tested for all the processes as agreed
- Responsible for timely update and maintenance of RCAs BIAs PLAs and ensuring all other documents like the SOPs are in place and back up planning for uninterrupted service delivery.
To be successful you will:
- CA/CPA/ACCA/MBA/ICWAI with strong Financial Control and Stakeholder Management skills and strong background of IFRS norms are preferred. Overall post qualification experience of not less than 8-10 years for CA MBA: 9-11 yrs
- Prior experience in month end closure processes and Site Reporting is required
- Strong knowledge of month end closure & Reporting processes at Financial Institutions will be preferred
- Proven track record of role in controllership in BFSI sector and sound knowledge of financial products and businesses such as Commercial Banking and Global Banking etc.
- Experience in managing mid-size teams in specialized functions
- Working knowledge of FTP/HUB/Fusion etc.
- Experience that demonstrates ability to deliver BAU and Change/ Transformation Projects. Experience in policy interpretation and implementation
- Experience of working with processes involving US GAAP / HIGAAP/ IFRS understanding. Understanding of Global markets products securities etc.
Youll achieve more at 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.
Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement which is available on our website.
***Issued By HSBC Electronic Data Processing (India) Private LTD***
About Company
HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.