Manager, FINANCIAL ACCOUNTING, Area Management HongKong
Chennai, Tamil Nadu, India · Hybrid
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Manager, FINANCIAL ACCOUNTING, Area Management HongKong
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Full-time
professional certificate, postgraduate degree
Professional development, Flexible working
Posted 13d ago
~40 hrs/week
Responsibilities
The role involves managing complex accounting events, ledger close processes, and regulatory reporting for the region. You will also drive process improvements, lead team initiatives, and ensure adherence to group policies and IFRS requirements.
Requirements
Candidates must hold a professional qualification such as CA, CPA, ACCA, MBA, or ICWAI with at least 5 years of post-qualification experience. Strong technical knowledge of financial reporting, site reporting at financial institutions, and proficiency in Excel and Access are essential.
Full job description
Some careers shine brighter than others.
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 roleof Manager- Financial Accounting , Area Management HongKong
Purpose of the role
This role is that of a mid-level in the FA sub-function for a region/LOB and all legal entities within that region/LOB. The end to end process will include: Managing complex accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into analysis, substantiation, exception management and book closure, Managing monthly and quarterly GRCA/FINREP/GSIB reporting/Regulatory Reporting, Management Information and manual returns. Extensive involvement with all stakeholders.
In this role, you will:
Preparation/Review of Balance Sheet, Profit & Loss Schedules and consolidated final accounts per IFRS. Preparation & consolidation for Annual Reports & accounts. Strong analytical skills for variance analysis. Preparation of advanced level Analytical Review (“AR”) and Group Review Schedules (“GRS”) for Regional submission on quarterly basis
Must have prior experience in GRCA reporting/Regulatory Reporting/ MI Reporting and Manual return compilation, review and approval of all journals. Strong technical knowledge of accounting and reporting principles. In-depth functional experience in accounting for all balance sheet / income statement heads
Ability to meet KPI timelines including under stringent timelines and high-pressure situations. Excellent communication skills to be able to manage the In-country team daily.
Drive new projects/assignments/process: Identify, Drive, Build & operate it as BAU. The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines. Ability to prioritize and plan work in an efficient manner. Performing UAT/Dry Runs on different Change requests
Responsible for maintaining documentation by RCA and SOX requirement. Ensure SOPs are updated and tested by backups. Adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements. Ensure testing of processes per BC plan. Robust back up planning for uninterrupted service delivery.
Excellent communication skills to be able to understand and provide satisfactory service delivery to In-Country team. Respond to queries from senior level management as appropriate. Pro-active approach to be able to deal with new requirements, ad-hoc requests and unusual variances.
Support transitions of new processes and execute Transformation and Integration Initiatives. Deliver process improvement / efficiency. Identify opportunities for process re-engineering/ improvement and drive changes independently
Support Organizational changes and goals to set an example for the team. Achieve efficiency in operations and maintain work-life balance. Create an environment within the team which fosters knowledge sharing and open forums. Conduct learning sessions in the team to create a strong knowledge base so the team understand why they are doing something
To be successful you will:
CA/CPA/ACCA/MBA/ICWAI with minimum 5 years of post-qualification experience. Prior experience in Reporting profiles is a must and exposure in month end close will be preferred. Strong knowledge of Site Reporting at Financial Institutions will be a must.
Must be detail oriented and possess strong analytical skills, Excellent communication skills, including experience of explaining complex technical matters simply
Experience in managing small (5 +) teams in specialized functions
Very strong Excel and Access skills to interpret high data volume, Change and transformation experience will be a plus. Good knowledge of FTP/HUB/PSGL/CODA, etc.
Previously tenured employment with a Financial Institution will be an advantage
Experience of working with colleagues and stakeholders cross-border in a multinational organization
Proven track record of leading by example in terms of values and behavior
Experience of working with processes involving IFRS understanding
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
Opening up a world of opportunity for our customers, investors, ourselves and the planet.
We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 58 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers.
HSBC is listed on the London, Hong Kong, New York, and Bermuda stock exchanges.
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