Manager Product Control

The Hongkong and Shanghai Banking Corporation Limited (HSBC); Quezon City; On-site; PHP 900,000 - 1,200,000; Full time

Job summary

HSBC is seeking an experienced professional for the role of Manager – Accounting Control. The position focuses on delivering daily controls, reconciliations, and journals for Global Markets while ensuring service standards and timely reporting.

The candidate should have CPA designation and a relevant graduate degree, with experience in global banking and strong IT skills, especially MS Excel and Access. Willingness to work shifts across time zones and travel as needed is required.

Qualifications

• CPA designation preferred with extensive experience in accounting, banking or similar finance roles.
• Graduate degree in Accounting, Finance Management, Commerce or related Finance field.
• Experience in a global bank or large organization.
• Experience with complex reconciliations across multiple systems.
• Knowledge of foreign exchange, fixed income, and equities is a plus.

Responsibilities

• Deliver daily business controls (reconciliation and manual journals) for Global Markets.
• Ensure accounting control operations meet SLAs within HSBC Global Resourcing framework.
• Assist with reconciliations and root cause analysis of breaks, posting adjustments.
• Produce timely management information with in-country/near shore teams.
• Respond to queries with active business engagement.
• Identify improvement opportunities and participate in change projects.
• Assess impact of changes on processes, data and systems; document findings.
• Maintain stakeholder management by providing reconciliations within SLA and up-to-date analyses.
• Develop strategies to address performance gaps, training, and staffing requirements.

Skills

Reconciliations

Root cause analysis

Stakeholder management

Communication skills

Controls governance

Education

CPA designation

Graduate degree in Accounting/Finance

Tools

MS Excel

MS Access

Job description

Some Careers Shine Brighter 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 organizations 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 realize their ambitions. We are currently seeking an experienced professional to join our team in the role of

• Manager – Accounting Control.

Job Responsibilities

• To act as an individual contributor delivering daily business controls (Reconciliation and Manual Journals) pertaining to the Global Markets business.
• Ensure delivery service of Accounting Control - Operations processes as per the standards set out in agreed SLAs within the HSBC Global Resourcing operating framework
• Assist with production of reconciliations, investigation & root cause analysis of breaks including accounting adjustments to be posted to the books & records.
• Produce accurate and timely management information in conjunction with the In-country/near shore teams.
• Ensuring the queries pertaining to deliverables are promptly responded with active business engagement
• Identify opportunities for improvements. Participate in strategic and tactical change projects undertaken in respective businesses.
• Perform in-depth impact assessment of proposed changes on processes, data and systems and formally document
• Provide excellent stakeholder management by ensuring that reconciliations are being provided within the required SLA and break investigation and root cause analysis are up to date.
• Develop realistic and achievable strategies and action plans to address performance gaps, training and staffing requirements.

Job Requirements

• Certified Public Account designation is preferred with extensive experience in Accounting, banking or similar finance roles. People handling experience is a plus.
• Graduate degree in Accounting, Finance Management, Commerce or related degree in Finance.
• Relevant experience in a global bank or related operational experience in an organization of similar scale.
• Experience in complex reconciliations across multiple systems and platforms would be preferred
• Preferably experience will cover reconciliation of traded financial instruments and products such as foreign exchange, fixed income, and equities.
• Strong IT skills, particularly MS Excel and MS Access.
• Excellent communication and presentation skills as the role requires regular interaction with regional teams within the HSBC Group
• Readiness to work in shift hours in different time zones and travel as the business requires.
• Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.
• Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritized.
• You’ll achieve more when you join HSBC.

HSBC is 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. 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.