Manager , Financial Accounting, HangSang

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

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, HangSang

Purpose of the role

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Global Service Center (GSC) is core to Global Finance and provides a variety of financial support services to In-Country teams across the HSBC Group.

Financial Accounting (FA) is responsible to provide outstanding Financial Control support in the areas of Period End Close, Accounting control & assurance and Site Reporting (GRCA reporting/Regulatory Reporting, Management Information (MI) and manual returns). Financial Accounting (FA) is a very important function under the overall umbrella of Financial control. Financial Accounting (FA) ensures that there are adequate controls / checks on the sourcing, preparation and reporting of all outputs to be produced by the Financial Reporting (FR) team.

In this role, you will:

This role is that of a senior leader in the Financial Accounting (FA) sub-function for a region/LOB and all legal entities within that region/LOB. The end to end process will include:

• Perform accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into analysis, exception management and book closure.
• Perform Pre close monthly activities, reconciliation & Substantiation and quarterly GRCA/FINREP/HKMA/GSIB reporting, Analytical reviews and manual returns.
• Perform credit disclosure, movement table, Inflow out flow SME’s etc. Drive performance to agreed service levels and manage In-Country teams’ expectations in a timely and professional manner
• Establish and maintain effective relationships with business areas and identify areas of service improvements by implementing regular calls and feedback mechanisms
• 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. Maintain defined operations Risk framework and adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements.  
• Ensure Business Continuity (BC) plan is documented, agreed with in Country team and tested for all the processes as agreed
• Responsible for timely update and maintenance of Risk Control Assessments (RCA), Business Impact Analysis (BIA), Project Labor Agreement (PLA) and ensuring all other documents like the Standard Operating Procedures (SOP) are in place and updated. Robust back up planning for uninterrupted service delivery.

To be successful you will:

• Involve in accounting control function to support the Bank’s financial, compliance and other management reporting processes regarding existing accounting policies, requirements and initiatives
• Handle accounting control operations for account reconciliation and substantiation as well as participate in financial system development projects
• Monitor financial data integrity during system migration and assist in reviewing financial control design and implementation
• Assist in the application and impact assessment of latest accounting standards for financial reporting and disclosures
• Assist the finance functions for implementing the operational risk management initiatives according to Group guidance
• Prior experience in Reporting profiles is a must and exposure in month end close will be preferred, strong knowledge of Site Reporting at Financial Institutions will be a must. Experience in Consolidation and sub consolidation will be preferred.
• Excellent communication skills, including experience of explaining complex technical matters simply
• Strong technical skills which helps to work on Automation and efficiency will an added advantage, prior experience in Balance Sheet Consolidations of accounts will be an added advantage.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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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