Senior Specialist, Finance Operations

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

Job summary

HSBC Singapore is seeking a Senior Specialist, Finance Operations to lead daily cash management, monitor bank balances across multiple accounts, and execute liquidity movements to ensure sufficient liquidity for payments.

You will post journal entries, deliver bank reconciliations, run interfund settlements, support MAS regulatory compliance, manage banking mandates and assist with audits and system changes.

Qualifications

• Proven track record in a cash management / financial operations role, ideally within insurance.

Responsibilities

• Daily cash management: monitor bank balances and forecast liquidity across multiple accounts.

Skills

Cash management

Liquidity management

GL & COA

Bank reconciliations

Interfund settlement

Regulatory compliance

ERP experience

Audit support

Documentation

Tools

Oracle ERP

SAP ERP

Microsoft Office

Job description

We are currently seeking a high calibre professional to join our team as aSenior Specialist, Finance Operations

In this role you will:

• Daily cash management: monitor bank balances across multiple bank accounts, prepare daily cash positions/forecasts, and act on surpluses/shortfalls.
• Execute liquidity movements: perform fund transfers between accounts/entities and ensure sufficient liquidity for policyholders, vendors, and business payments.
• Post accounting entries: record transfer-related journal entries accurately and on time in the accounting system.
• Deliver bank reconciliations: complete monthly bank recs, investigate/reconcile outstanding items, and ensure bank balances tie to the General Ledger (GL).
• Run interfund settlement: prepare the monthly interfund settlement schedule, investigate fund code imbalances, and post settlement journals promptly.
• Support regulatory compliance: ensure interfund balances are settled within MAS regulatory requirement and support compliance with MAS Notice 101.
• Manage banking operational matters: coordinate banking mandate updates and act as primary contact for bank/KYC requests.
• Provide audit & change support: support external audits (bank balances/interfund), maintain Nostro accounts, and perform ad-hoc system/report testing during changes.

To be successful you will need:

• Proven track record in a cash management / financial operations role, ideally within insurance.
• Strong understanding of core accounting concepts, including profit and loss (P&L), balances, and the chart of accounts (CoA).
• Strong ownership mindset and willingness to learn, with a focus on delivering outcomes.
• Strong analytical and technical capability, including the ability to explain movements and underlying drivers (not just report results).
• Knowledge of Microsoft application tools is required; Exposure to AI Agentic tools and end-to-end ERP system (e.g. Oracle or SAP) is an added advantage;
• Ability to work to fixed reporting deadlines with limited supervision and maintain clear documentation.

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.

Issued byHSBC Life (Singapore) Pte. Ltd.