AVP - Finance Operations

Job description

Some careers have more impact than others.

If you're looking for a career where you can make a real impression, join HSBC and discover how valued you'll be.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 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 realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President – Finance Operations

Principal responsibilities

• Ensure support is provided as per requirement to onshore counterparts
• Attend/Organize all business calls /meetings and drive issue resolution as required
• Respond to queries from senior group level management as appropriate
• Drive performance metrics in line with requirements.
• Manage peak loads of work and also identify and re-engineer processes to reduce month end workload.
• Ensure proactive controls in place to highlight issues before they are picked up by business.
• Manage the Operational Risk and maintain cross training for all deliverables.
• Ensure (a) 100% PLA delivery (b) basic process documentation is completed for all the activities
• Ensure compliance with HSBC standards and Statutory requirements
• Have 100% backups created, to operate during any contingent events.

Requirements

• Qualified CA / CWA/ MBA with at least 10+ years of post-qualification experience in accounting
• Should have extensive experience in Insurance business drivers
• Ability in Business Reporting and Analysis & expert knowledge of Python software – proficiency in write and edit scripts
• Exposure to IFRS17 accounting and reporting as per standard & should be having good understanding of IFRS 9 and investment accounting and reporting
• Should be a subject matter expert on preparation of Entity Financial Control Activities – Ledger Close, Cost Analysis, SARACEN Primary and Supplementary Financials, Analytical Reviews, Balance Sheet Reconciliations and Substantiation
• Should have in-depth knowledge around preparation and review of the schedules and financial results for Insurance entity & able to comprehend and implement the controls and procedures in regard to Financial Control processes
• Review and processing of receipts, adjustments and preparation of underwriting booking data underwriting analysis
• Management of information and support operations with data analysis to determine underwriting database bookings and adjustments
• Having good understanding on related control environment (SOX as well as Non SOX) and making sure accounting and reporting process works as per design & responsible for managing audits and handling queries from regulators
• Should be able to provide guidance to insurance operations and product development team in regard to procedures and their implications. Should have good perspective of system changes and its implications

You'll achieve more at HSBC

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."

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.

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