Financial Accounting

JD - Financial Accounting

- Preparation & consolidation for Annual Reports & accounts

- Strong analytical skills for variance analysis.

- Preparation of advanced level Analytical Review (“AR”) and Group Review Schedules (“GRS”) for Regional submission on quarterly basis

- Review and Approval of all journals

- Strong technical knowledge of Accounting and reporting principles.

- In-depth functional experience in accounting for all balance sheet / income statement heads

- Ability to meet KPI timelines including under stringent time lines and high pressure situations

- Excellent communication skills to be able to manage the In-country team on a daily basis.

- Drive new projects/assignments/process: Identify, Drive, Build & operate it as BAU

- The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines.

- Ability to prioritize and plan work in an efficient manner

- Performing UAT/Dry Runs on different Change requests

Reporting & Data Management -

- Experience in Data mining, analysis, Financial Statements, IFRS and Audit/Compliance

- Ability to plan and implement change to Business Frameworks, reporting hierarchies, allocation rules and mappings

- Good communication and ability to interact with multiple employee levels/business partners, etc.

- Strong relationship management skills across a diverse organization, especially with senior management

- Ability to understand, map and change reporting process-flows

- Experience of Visualization tools like Qlik Sense, Tableau, Power BI, Vizlib, Looker or similar tools will be added advantage

- Business Finance Actuals Reporting (Global, by region, by product, by segment) and BAU change initiatives

- Drive Reporting improvements incorporating feedback from CFO, business reviews, process changes from transformation initiatives that impact business reporting from time to time

- Data management processes that involve Submissions to Financial and reporting systems, working/ calculations that feed front office, intermediary and ledgers. All other associated process looking at data sanity, clean up that fall within the remit of Data Operations

- Demonstrating agility to incorporate management reporting change requests on the back of business and finance initiatives

- Expert level proficiency in working on Global reporting systems commonly used in Banks

- Review and challenge assumptions, provide suggestions to enhance Reporting improvements

- Collaborate across In-country and GFOC stakeholders to align Reporting with business submissions

Process Improvements-

- Continuous review of process with the objective of improving the resource utilization, time taken and quality of deliverables. Automate process using tools like Python, Xceptor, VBA or using SQL

- Implement projects for enhancing operational efficiency using automation tools, support Visualisation initiatives and drive standardization

Governance -

- Ensure service delivery of the designated finance processes per the standards set out in agreed SLAs within the HSBC operating framework taking into account key operational risk (including people & processes)

- Ensure all processes are correctly and thoroughly documented (SOPs and Process Maps)

- Maintain monthly reporting timetable via Achieve for both routine and ad-hoc tasks and strict adherence to Achieve

Challenges -

- To adapt to the changes related to systems.

- To manage the stakeholder’s expectation for change projects

- To be able to modify the procedures to accommodate the changing business or regulatory or system requirements.

- To understand the new reporting requirements and designing the process to meet that requirement.

Skills/Experience Required

- CA / ICWA / MBA (Finance) with 1 years of post-qualification relevant experience in Financial and Management Reporting will be considered.

- B. Com / M.COM/ CA Inter with minimum 4 years of relevant experience will be considered.

- Past experience in Financial and Management Reporting, External/ Regulatory reporting of Legal entity financials and supplementary reports. Experience of Banking Industry is desirable.

- Strong working knowledge of Financial Systems is key (e.g. FTP, Saracen, Cognos, TM1 or similar tools)

- Advance knowledge of MS Excel and basic knowledge of MS Access.

- Ability to automate reports to derive efficiency saves through programming languages and tools like Python, SQL, VBA

- Good knowledge of IFRS mainly IFRS9.

- Good understanding of Banking products.

- Exposure to Financial reporting (Exposure to IFRS/FINREP/Central bank reporting will be an added advantage)

- Advanced capability to understand, analyse and interpret numeric data.

- Project management skills with an ability to initiate process improvements.

- Excellent Communication and Inter person skills – Both verbal and written

Further Information can be obtained from: Reporting Manager

Name –antanu manager

Additional Information / Specific Skills (If Any)

- Prior experience in External/ Regulatory reporting will be preferred.

- Prior working level knowledge of Saracen and FTP will be preferred.

- Must have an analytical bent of mind and ability to work for solutions to the adhoc queries.

- Should be willing to stretch as per the project requirements.