Vice President , Financial Accounting

HSBC; Chennai District; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

HSBC is seeking an experienced Vice President, Financial Accounting in Chennai to lead the period-end close, prepare and sign-off annual accounts, and drive IFRS and Local GAAP reporting. The role involves supervising a team, managing senior stakeholders, and delivering process improvements across control frameworks.

The candidate will partner with CAO/CFO and regional leaders to ensure timely, accurate financial statements and auditor sign-off, while prioritizing transformation and automation

Qualifications

• 15+ years of accounting/finance experience with leadership roles.
• Experience in governance forums and working with auditors.
• Strong IFRS and local GAAP knowledge.
• Excellent written reporting for Board-level audiences.

Responsibilities

• Lead and manage period-end close processes and sign-off of annual accounts.
• Oversee IFRS, Local GAAP, and regulatory reporting.
• Coordinate with CAO/CFO and regional leadership for sign-offs.
• Drive transformation to improve end-to-end processes and controls.
• Manage and mentor the accounting team to deliver timely, accurate information.
• Review processes for control effectiveness and automation opportunities.

Skills

Leadership

Stakeholder management

IFRS knowledge

GAAP knowledge

Financial analysis

Education

Chartered Accountant (CA)

Tools

SAP ERP

Oracle Financials

Job description

Some careers have more impact than others.

If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 realise their ambitions.

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

Purpose of role:

• The current open position is in HSBC Financial Accounting team that involves period end close, preparation and signoff of annual accounts, accounting controls and balance sheet substantiation leading into IFRS, reporting which is a key input into the GFR process.
• The role holder will be responsible for leading and manage the period end close process along with Saracen reporting. In addition to leading and supervising the team’s performance and managing stakeholders, the role holder is required to drive strategic & tactical transformation within the process. Key priorities include production of Analytical review, control and compliance with IFRS, Local GAAP and supporting CAO/CFO and Regional /Group sign off.
• There is a strong focus on transformation, and the role holder has the responsibility to review the end to end processes and controls and to work closely with upstream and downstream processes (eg: Product Control/Risk/IPAC/Risk& Compliance, Tax & Transfer Pricing etc.) to strengthen the end-to-end process
• Ability to manage and lead the Ledger close and Reporting process. Ability to manage end-to-end Annual Account review and sign off from auditors and internal senior stakeholders
• Proficient in financial statement closure and reporting procedures.
• Presenting financial report to senior stakeholders for their review and signoff
• Would be responsible for certification and ensuring assurance and control /design effectiveness related to balance sheet accounts including substantiation
• Ability to analyze and review processes, identifying automation and simplification opportunities and drive transformation agenda. Driving change initiatives within the process
• Manage, lead and inspire the team to produce timely, accurate and complete information to stakeholders
• Understanding of control frameworks and how to implement effective controls in practice.
• Ability to deal with and analyse unstructured problems and queries and to question and challenge existing procedures.

To be successful you will:

• Recognized professional accounting qualification with 15+ years of experience predominantly in Finance, including in leadership positions managing complex requirements from senior stakeholders
• Experience of operating in senior governance forums, handling auditors
• Strong experience and understanding across financial accounting and business finance
• Strong formal written reporting skills and experience of drafting papers for Board-level audience
• Ability to work under pressure, report to tight deadlines and deal effectively with issues as they arise
• Commercial mindset with strong execution and problem-solving skills.
• Experience in designing, implementing and validating the effectiveness of process controls

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.

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