Manager, Financial Accounting

HSBC Holdings; Chennai; On-site; INR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

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Job summary

HSBC Holdings in Chennai seeks a finance professional to manage monthly and quarterly regulatory and accounting reporting, including GRCA/FINREP/GSIB, and to handle manual journals for ledger close. The role emphasizes accuracy, collaboration with auditors, and opportunities to automate processes.

You will drive close accuracy, engage with stakeholders, and contribute to continuous improvement in a fast-paced banking environment, leveraging strong Excel skills and HSBC systems knowledge.

Qualifications

• Chartered Accountant or MBA/postgraduate with 5+ years in Finance and Accounting; or B.Com/M.Com/CA (Inter)/CWA (Inter) with 8+ years.
• IFRS knowledge and month-end close experience required.
• Banking sector month-end closure experience preferred.
• Meticulous attention to detail and strong communication for day-to-day coordination.
• Advanced Excel to interpret large data and enable automation.
• Knowledge of HSBC systems (HUB/REMIND/COGNOS/TREATS/SARACEN) and cross-functional collaboration.
• Ability to work independently and coordinate with teams across levels.

Responsibilities

• Prepare/review monthly, quarterly and annual B/S and P/L schedules and consolidated accounts as per IFRS.
• Analyze ad hoc management information requests and prepare pre/post-close journals.
• Collaborate with external auditors during audit procedures.
• Identify opportunities for process re-engineering and drive improvements.
• Ensure timely delivery of reporting within KPIs and service levels.
• Maintain in-country team expectations and strong business relationships.

Skills

Excel skills

IFRS knowledge

Financial accounting

Stakeholder management

Analytical skills

Attention to detail

Education

Chartered Accountant

MBA / Postgraduate

B.Com / M.Com / CA (Inter) / CWA (Inter)

Tools

HUB/REMIND/COGNOS/TREATS/SARACEN

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.

Purpose of the role

The role holder will be responsible for Managing monthly and quarterly GRCA/FINREP/ GSIB, Regulatory and MI Reporting including manual returns. Managing accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into Trial Balance analysis, substantiation, exception management and book closure, Involvement with all stakeholders. Engagement in process improvement and automation initiatives.

In this role, you will:

• Preparation/Review of monthly, quarterly and annual B/S, P/L schedules and consolidated final accounts as per IFRS Analytical skills to perform variance analysis and detailed review.
• Produce and analyze ad hoc management information requests. Preparation and review of various pre and post close journals.
• Functional experience in accounting for all balance sheet / income statement heads.
• Collaborate extensively with the external auditors during preliminary and year-end audit procedures. Ability to meet KPI timelines including under stringent timelines and high-pressure situations, at the same time maintaining a high degree of accuracy.
• Identify opportunities for process re-engineering / improvement and participate in change initiatives. Pro-active approach in highlighting issues for timely resolution
• Ensure participation in various learning initiatives to constantly upgrade future-fit skill set. Drive performance to agreed service levels and manage In-Country teams’ expectations in a timely and professional manner.
• Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism.
• Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).

To be successful you will:

• Chartered Accountant/Post graduate or MBA with post qualification experience of 5+ years in Finance and Accounting, or B. Com / M Com/ CA (inter)/ CWA(inter): 8+ years of work experience
• Prior experience in Financial accounting and Reporting and strong knowledge in IFRS.
• Good working knowledge of month end closure preferably in the Banking Sector.
• Meticulous and impeccable attention to detail and Good communication skills for ensuring smooth day to day interaction with In-Country teams.
• Very strong Excel skills to interpret high data volume and facilitate automation.
• Good knowledge of HUB/REMIND/COGNOS/TREATS/ SARACEN and other HSBC systems.
• Demonstrated ability to work independently, coordinate the efforts of others and work well with people at a wide range of levels.
• Understanding of Global markets, products, securities etc.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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.