Head of Financial Planning and Analysis - Finance, Sustainability and Group External Communications

HSBC; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Join HSBC as the Head of Financial Planning and Analysis, a key position focused on delivering strategic financial leadership and insights. In this role, you will collaborate with senior executives to drive sustainable growth while maintaining robust financial management practices. This is a prime opportunity to make an impact within a renowned global bank, elevate your career, and contribute to innovative financial strategies in the insurance sector.

Qualifications

• Experience in a senior finance role is essential.
• Proven track record in delivering financial insights that drive business outcomes.
• Strong understanding of financial management within the insurance industry.

Responsibilities

• Provide strategic finance leadership and deliver actionable insights.
• Collaborate with senior executives to support sustainable business growth.
• Oversee financial discipline and performance optimization initiatives.

Skills

Strategic Leadership

Financial Analysis

Commercial Insights

Collaboration

Market Analysis

Education

Bachelor's degree in Finance or a related field

Professional accounting qualification (e.g., CPA, ACCA)

Job description

Some careers grow faster than others.

If you’re looking for a career that offers numerous development opportunities, join HSBC and unlock a future rich with potential. Whether you aim for a leadership role or a new career direction, HSBC provides opportunities, support, and rewards to help you go further.

HSBC Life is a world-class institution where you can specialize in insurance while benefiting from being part of a leading global bank. Here, you can focus on insurance and enjoy the advantages of a prominent international bank.

Insurance is about people and the promises they make. At HSBC Life in Singapore, we help fulfill these promises by offering a wide range of life insurance products and services across the Asia-Pacific region. Our dynamic and innovative workplace provides our employees with numerous opportunities to develop their careers in a growing business segment. We empower our team of high performers to build skills and explore new experiences, realizing their full potential as part of HSBC.

We strive for efficient ways of working, harnessing the latest data and technology to deliver meaningful outcomes for our clients. Our protection solutions aim to create a broad and lasting impact, helping clients become healthier, more productive, and more confident about their futures.

We are currently seeking a high-caliber professional to join our team as a Head of Financial Planning and Analysis.

Principal Responsibilities

In this role, you will:

• Provide strategic and commercially focused finance leadership, working directly with the CFO, CEO, and EXCO, delivering actionable and timely financial insights to support business optimization.
• Collaborate closely with the Chief Distribution Officers, Chief Product and Propositions Officer, and Chief Actuary to ensure sustainable business growth.
• Maintain strong financial discipline across all initiatives, including assessing business cases.
• Monitor sales volumes, mix, and costs (management expenses & distribution costs):

• Lead the delivery of the company’s annual operating plan (Financial Resources Plan) and oversee forecasts related to sales, P&L, new business value, embedded value, and return on equity.
• Provide clear explanations of key financial metrics and their drivers to senior stakeholders, oversee distributor compensation (internal and external bancassurance partners, agency, IFAs, brokers, Singpost), and evaluate campaign efficiencies.

• Oversee two sub-teams: Business Finance and Performance Optimization:

• Business Finance: Support management information production, control management expenses, and lead the Financial Resources Plan.
• Performance Optimization: Understand revenue drivers, including distribution compensation, to maximize shareholder value.

• Regularly analyze industry trends and best practices to evaluate the company's performance against competitors, extract market insights, and present findings at Board meetings.