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    Job · 23285616

    HSBC logo

    Assistant Vice President, Financial Accounting

    HSBC · Chennai · onsite · Posted 1d ago

    Not disclosed2–6 yrsfulltimeSourced fromInstahyre

    About a minute. You'll make an account on the way through.

    About this role

    We are currently seeking an experienced professional to join our team in the role of Assistant Vice President, Financial Accounting, Area Management.


    Purpose of the role:


    Global Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Global Finance Centre (GFC) is core to Global Finance and provides a variety of financial support services to in-country teams across the HSBC Group. Financial Accounting (FA) is responsible for providing outstanding Financial Control support in the areas of period-end close, accounting control and assurance, and site reporting (GRCA reporting/regulatory reporting, MI, and manual returns). FA is a very important function under the overall umbrella of Financial Control. FA ensures that there are adequate controls/checks on the sourcing, preparation, and reporting of all outputs to be produced by the FR team. This role supports the Hong Kong region.


    In this role, you will:

    • This role is in the FA sub-function for a region/LOB and all legal entities within that region/LOB. The end-to-end process will include:
    • Perform accounting events such as manual journals, which are key to the ledger close, and provide robust accounting and business insight into TB analysis, exception management, and book closure.
    • Perform monthly and quarterly GRCA/FINREP reporting and manual returns.
    • Analyze trial balance movements and reporting variances, providing clear commentary on material changes, unusual trends, and business drivers to Finance stakeholders.
    • Perform balance sheet substantiation and account reconciliations, investigating aged or unusual items and ensuring timely resolution in line with control standards.
    • Drive process improvement and stakeholder coordination by identifying opportunities to simplify reporting, improve data quality, and strengthen month-end close processes across regional and in-country teams.
    • Support financial control and governance activities by maintaining evidence for key controls, responding to audit and assurance requests, and tracking remediation actions to completion.


    To be successful you will:

    • Cleared 2 groups of CA with articleship training, or an ACCA.
    • Prior experience in reporting profiles is a must, and exposure to month-end close will be preferred.
    • Strong knowledge of site reporting at financial institutions is a must.
    • Excellent communication skills, including experience explaining complex technical matters simply.
    • Strong analytical and problem-solving skills, with the ability to investigate ledger movements, identify root causes of exceptions, and recommend practical corrective actions.
    • Advanced proficiency in financial systems and reporting tools, including Excel and relevant general ledger, reconciliation, and regulatory reporting platforms.
    • Strong stakeholder management and prioritization skills, enabling effective collaboration with in-country Finance, Financial Control, Operations, Risk, and Audit teams while meeting tight reporting deadlines.

    Sourced from instahyre

    Skills

    Financial InstitutionsBankingAccountingreporting

    About HSBC Group

    HSBC logo

    HSBC

    Financial Services

    38k+

    employees

    1865

    161 years old

    Pune, Maharashtra

    India

    About

    HSBC, one of the largest banking and financial services institutions in the world, serves millions of customers through its four Global Businesses.

    Industries

    Financial ServicesIT Services & Consulting

    Employee ratings

    6,027 reviews

    3.8/ 5

    Culture

    3.8

    Career growth

    3.0

    Work-life

    3.9

    Employees rate it well for

    Work Life Balance1078Work Culture732Salary711Senior Management493Job Security390

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