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.