Senior Manager - Group Accounting Policy

HSBC Group; Camden Town; Hybrid; GBP 100,000 - 125,000; Full time

Job summary

A major global bank is seeking an experienced Senior Manager - Global Accounting Policy based in Camden Town. This role on a 6-month contract focuses on providing IFRS-based technical accounting support for treasury and capital markets activities. The successful candidate will advise on complex transactions and maintain accounting policies while ensuring compliance with IFRS standards.

Qualifications

• Strong technical research and documentation skills.
• Proven ability to interpret and apply IFRS standards to banking transactions.
• Experience with hedge accounting frameworks under IAS 39 and IFRS 9.

Responsibilities

• Provide expert technical accounting advice on complex areas related to treasury products.
• Lead technical reviews and documentation for hedge accounting.
• Interpret and draft accounting policies under IFRS.

Education

Qualified accountant (e.g., ACA, CA, CPA or equivalent)

Job description

Senior Manager - Global Accounting Policy London/Hybrid 6-month contract Up to £677.17 p/d Umbrella

We are currently seeking an experienced individual to join this team in the role Senior Manager - Global Accounting Policy.

About the Role

We are seeking a technically strong and detail-oriented accounting professional to join our Global Accounting Policy team in the UK on a 6‑month contract. The role will focus on providing IFRS-based technical accounting support on various transactions, particularly in relation to treasury and capital markets activities, including hedge accounting under IAS 39 and IFRS 9. The successful candidate will play a key role in advising on complex transactions, interpretation of IFRS standards, maintaining accounting policies, and supporting implementation efforts across global finance teams.

Experience / Skill Set

• Provide expert technical accounting advice on complex and judgmental areas, with a focus on treasury products, including debt issuances, structured notes, derivatives, and hedging strategies.
• Lead or support technical reviews and documentation related to hedge accounting under IAS 39 and the transition to IFRS 9 hedge accounting, including designations, effectiveness testing, and discontinuation.
• Interpret and draft accounting policies under IFRS, ensuring consistent application across global entities, particularly in treasury and capital markets areas.
• Evaluate the impact of new and evolving IFRS standards; provide recommendations and support implementation where applicable.
• Prepare clear and concise technical accounting papers for internal governance forums and external auditors.
• Support responses to auditor and regulator queries on technical accounting matters.
• Provide training and technical updates to finance, risk, and business teams.
• Monitor developments from standard setters (IASB, EFRAG, etc.) and assess their implications for the banking business model.
• Collaborate with accounting policy, finance, product control, and risk teams across jurisdictions.

Qualifications & Experience

• Qualified accountant (e.g., ACA, CA, CPA or equivalent).
• Relevant experience, working as part of a Big 4 accounting firm's technical advisory (Financial Services or Banking) team, or accounting policy function within a bank.
• Strong and practical working knowledge of IFRS, in particular IAS 32 and IFRS 9 with a focus on capital issuances, including debt/equity classification and separation of embedded derivatives, dealing with intra-group funding structures with consideration on capital requirements and distributable reserves.
• Hedge accounting frameworks both under IAS 39 and IFRS 9.
• Accounting for intangibles (with focus on internally generated software) and impairment thereof.
• Experience of dealing with practical considerations of IFRS 10 (Consolidation), IFRS 3 (Business Combinations), and IFRS 15 (Revenue Recognition) is desirable but not essential.

Skills & Attributes

• Strong technical research and documentation skills with an ability to present complex concepts clearly and concisely.
• Proven ability to interpret and apply IFRS standards to real-world banking transactions.
• Comfortable working with cross‑functional teams and engaging with senior stakeholders across geographies.
• Highly organised with the ability to manage multiple priorities and deliver under pressure.
• Proactive, self‑motivated, and a collaborative team player.
• Strong communication skills, both written and verbal.