Manager , Financial Accounting, HASE

HSBC Holdings; Chennai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

HSBC Holdings in India seeks an experienced Manager - Financial Accounting to lead period-end close, IFRS reporting, and balance sheet substantiation within Global Finance. You will manage monthly/quarterly closing and collaborate with auditors, driving process improvements.

The role requires CA/MBA/BA with 5+ years in finance, strong Excel, and familiarity with HSBC systems. Expect a dynamic, compliance-focused environment supporting in-country teams.

Qualifications

• CA/MBA with post-qualification experience or B.Com/M.Com with inter CA/CWA.
• Strong IFRS/FINREP knowledge and month-end closure in Banking sector.
• Excellent attention to detail and clear communication.

Responsibilities

• Prepare/Review monthly, quarterly, annual balance sheet and P/L schedules per IFRS.
• Lead journals, substantiation and close processes with cross-functional teams.
• Coordinate with external auditors during year-end audit procedures.
• Meet KPI timelines under high-pressure conditions with accuracy.
• Drive process improvements and automation initiatives with in-country teams.

Skills

Excel

Communication skills

Analytical skills

Team coordination

HSBC systems knowledge

Education

Chartered Accountant (CA) or MBA in Finance

B.Com / M.Com with inter CA/CWA

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.

We are currently seeking an experienced professional to join our team in the role of Manager, Financial Accounting, HangSang

Purpose of the role

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing finances and costs and deploying capital in the most effective way. Finance operations (Fin Ops) is core to Global Finance and provides a variety of financial support services to In-Country teams across the HSBC Group. The current open position is in HSBC Financial Accounting team that involves period end close, accounting controls and balance sheet substantiation leading into IFRS, FINREP, GSIB & CE reporting which is a key input into the GFR process. We are currently seeking an ambitious individual to join this team in the role of “Manager - Finance Operations”. 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:

• Undertake preparation/Review of monthly, quarterly and annual B/S, P/L schedules and consolidated final accounts as per IFRS. Demonstrate strong analytical skills to perform variance analysis and detailed review.
• Produce and analyze ad hoc management information requests. Undertake preparation and review of various pre and post close journals. Demonstrate strong technical knowledge of accounting and reporting principles. Possess functional experience in accounting for all balance sheets / income statement heads. Collaborate extensively with the external auditors during preliminary and year-end audit procedures.
• Demonstrate the ability to meet KPI timelines including under stringent timelines and high-pressure situations, at the same time maintaining a high degree of accuracy.
• Develop good and effective communication skills to be able to manage the In-country team on a daily basis. Proactively identify opportunities for process re-engineering / improvement and participate in change initiatives.
• Responsible for ensuring a proactive approach in highlighting issues for timely resolution. Responsible for ensuring 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 relationships with business areas and proactively identify areas of service improvements by implementing regular calls and feedback mechanisms.
• Ensure operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually). Effectively manage and support relationships with in-country teamseffectively.
• Responsible for maintaining documentation as per RCA and SOX requirement. Ensure SOPs are relevant and updated. Ensure adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements. Ensure testing of processes per Business Continuity plan

To be successful you will:

• Chartered Accountant/Postgraduate 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 of IFRS. Good working knowledge of month end closure preferably in the Banking Sector
• Meticulous and impeccable attention to detail
• 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 at HSBC

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.”

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

***Issued By HSBC Electronic Data Processing (India) Private LTD***