Manager , Financial Accounting, Korea

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HSBC is one of the largest banking and financial services organizations in the world, with operations in 64 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, Financial Accounting, Korea

Purpose of the role

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing finances and costs and deploying capital in the most effective way. Finance operations ( Fin Ops ) is core to Global Finance and provides a variety of financial support services to In-Country teams across the HSBC Group. The current open position is in HSBC Financial Accounting team that involves period end close, accounting controls and balance sheet substantiation leading into IFRS, FINREP, GSIB & CE reporting which is a key input into the GFR process. We are currently seeking an ambitious individual to join this team in the role of “Manager - Finance Operations”. The role holder will be  responsible for Managing monthly and quarterly GRCA/FINREP/ GSIB, Regulatory and MI Reporting including manual returns. Managing accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into Trial Balance analysis, substantiation, exception management and book closure

Involvement with all stakeholders. Engagement in process improvement and automation initiatives.

In this role, you will:

- Preparation/Review of monthly, quarterly and annual B/S, P/L schedules and consolidated final accounts as per IFRS. Analytical skills to perform variance analysis and detailed review. Produce and analyze ad hoc management information requests.
- Preparation and review of various pre and post close journals. Strong technical knowledge of accounting and reporting principles. Functional experience in accounting for all balance sheet / income statement heads.
- Collaborate extensively with the external auditors during preliminary and year-end audit procedures. Ability to meet KPI timelines including under stringent timelines and high-pressure situations, at the same time maintaining a high degree of accuracy.
- Good communication skills to be able to manage the In-country team daily. Identify opportunities for process re-engineering / improvement and participate in change initiatives.
- Pro-active approach in highlighting issues for timely resolution. Ensure participation in various learning initiatives to constantly upgrade future-fit skill set.

- Drive performance to agreed service levels and manage In-Country teams’ expectations in a timely and professional manner. Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism.
- Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually). Manage / Support In-Country relationship effectively.

- Responsible for maintaining documentation as per RCA and SOX requirement. Ensure SOPs are relevant and updated. Adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements. Ensure testing of processes per Business Continuity plan

To be successful you will:

- Chartered Accountant/Post graduate or MBA with post qualification experience of 5+ years in Finance and Accounting, or B. Com / M Com/ CA (inter)/ CWA(inter): 8+ years of work experience
- Prior experience in Financial accounting and Reporting and strong knowledge IFRS. Good working knowledge of month end closure preferably in the Banking Sector
- Meticulous and impeccable attention to detail
- Good communication skills for ensuring smooth day to day interaction with In-Country teams.
- Very strong Excel skills to interpret high data volume and facilitate automation.
- Good knowledge of HUB/REMIND/COGNOS/TREATS/ SARACEN and other HSBC systems.
- Demonstrated ability to work independently, coordinate the efforts of others and work well with people at a wide range of levels.
- Understanding of Global markets, products, securities etc.

You’ll achieve more at HSBC

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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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