Finance Manager

HSBC Group; Greater London; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading financial institution is seeking a skilled individual to support financial reporting and controls in London. This role involves working closely with various teams to ensure compliance with IFRS accounting and to enhance reporting accuracy. The ideal candidate should have experience in financial control and auditing, alongside relevant qualifications. The position offers a hybrid working model, requiring in-office presence twice a week, promoting inclusivity and diversity within the workplace.

Benefits

Hybrid working model

Diversity and inclusion initiatives

Qualifications

• Proven Controller with IFRS experience.
• Strong understanding of UK regulatory requirements.
• Knowledge of UK commercial banking environment.

Responsibilities

• Support local IFRS accounting and reporting.
• Ensure timely period end close with teams.
• Assist in statutory accounts production.
• Lead process improvements for efficiency.
• Maintain accounting procedures adhering to regulations.

Skills

IFRS accounting

Financial control

Internal Audit

External Audit

Tax knowledge

Education

Chartered Accountant qualification or equivalent education

Job description

The UK Finance team aims to be a strategic partner and advisor in achieving HSBC Innovation Bank's overall mission to increase our clients' probability of success, supporting all of the Management information ("MI"), business analysis, financial reporting, Financial Control, Treasury and Tax activity for the Bank. This will be done by: + Delivering insights to support decision-making, drive performance, and set strategy; + Establishing a strong control environment to meet our obligations, protect our business and deliver smart, safe growth. We are looking to hire a talented individual to support UK financial reporting and controls. The role will report to the Head of Financial Accounting and Reporting and will work closely with the broader Finance team, as well as Compliance, Business Risk, Operations, Internal and External Audit teams. The role-holder will work with global and regional colleagues to embed the appropriate tools, processes, and controls to support the requirements of an expanded business and enhanced accounting, governance, and control requirements, including IFRS reporting and the statutory audit.

The Value You Will Add

• Financial control and accounting: Support local IFRS accounting to ensure timely period end close alongside a team based in India and central Group teams. Collaborate with and support these teams to ensure financial controls are embedded to drive financial integrity and to mitigate related risks. This includes supporting accounting operations, associated controls, ledger maintenance and integrity.
• Group financial reporting: Support the monthly and quarterly financial performance reporting and presentations, including variance analysis to support the close for senior management, the Board and regulators (as required).
• Statutory reporting and audit: Support the production and sign-off of the statutory accounts in the UK, including support the data sourcing, testing and associated processes for new IFRS reporting, liaising with external auditors and internal stakeholders to ensure timely resolution to audit queries.
• Process and control improvements: Partner with global teams to continually look for opportunities and lead and support enhancements to processes for efficiency, effectiveness and control.
• Accounting policies and procedures: Recommend, maintain and enhance accounting procedures to comply with Sarbanes-Oxley, IFRS, applicable internal policies, and regulatory requirements. Maintain awareness of, as well as evaluate, accounting and regulatory pronouncements and lead the development of new accounting policies and procedures as appropriate.
• Tax: Support local tax activity across HSBC Innovation Bank as required. Our home office is in Finsbury Square, London. We offer hybrid working to our employees, so you can flex between home and the office, with a current requirement to be in the office 2 days per week.

Being open to different points of view is important for our business and the communities we serve. At HSBC, we're dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role. If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk.

You Will Need

• Proven Controller, Internal or External Auditor with knowledge and experience of IFRS accounting
• Strong technical knowledge of IFRS accounting and the UK financial services regulatory requirements
• A good level of understanding of the UK commercial banking environment and product set and an ability to quickly gain a thorough knowledge of HSBC Innovation Bank's operations and products
• Chartered Accountant qualification or equivalent education