Assistant Vice President, Financial Accounting, Area Management

HSBC Holdings plc; Chennai; Hybrid; INR 1,800,000 - 3,200,000; Full time

Job summary

HSBC in Chennai invites an experienced finance professional for the role of Assistant Vice President, Financial Accounting, Area Management. The position combines regional accounting oversight with strong reporting and controls within a hybrid work model.

You will lead end-to-end accounting close, GRCA reporting, and site reporting for in-country teams, while collaborating with Finance, Risk and Audit; strong communication and analytical skills are essential.

Qualifications

• Cleared 2 groups of CA with articles training or ACCA.
• Experience in reporting profiles with preference for month-end close.
• Strong knowledge of site reporting at financial institutions.
• Excellent communication and ability to explain complex topics simply.
• Analytical mindset with problem-solving skills for ledger movements.
• Proficiency in financial systems, Excel, GL and regulatory reporting platforms.
• Strong stakeholder management to work with in-country Finance, Financial Control, Operations, Risk and Audit teams under tight deadlines.

Responsibilities

• Perform accounting events such as manual journals for ledger close and TB analysis.
• Conduct monthly and quarterly GRCA/FINREP reporting and manual returns.
• Analyze trial balance movements and provide commentary on variances and drivers.
• Perform balance sheet substantiation and account reconciliations; resolve aged items.
• Drive process improvements to simplify reporting and improve data quality.
• Support governance by maintaining evidence and tracking remediation actions.

Skills

Site Reporting

Excel

GL Reconciliation

Stakeholder Mgmt

Analytics

Communication

Education

Chartered Accountant with articles

ACCA

Job description

Assistant Vice President, Financial Accounting, Area Management

Location: Chennai, TN, IN, 600096

Brand: HSBC

Area of Interest:

Role Workstyle: Hybrid Worker

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 therole 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 to provide outstanding Financial Control support in the areas of Period End Close, Accounting control & 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 HongKong region.

In this role, you will:

• This role is in 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, provide robust accounting and business insight into TB analysis, exception management and book closure
• Perform monthly and quarterly GRCA/FINREP reporting and manual returns.
• Analyse 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 group of CA with article ship training, or an ACCA
• 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.
• Excellent communication skills, including experience of 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 prioritisation skills, enabling effective collaboration with in-country Finance, Financial Control, Operations, Risk and Audit teams while meeting tight reporting deadlines.

You’ll achieve more at HSBC

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.”

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