Assistant Vice President

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 Principal Accountabilities and Responsibilities e g for Business Customers and Stakeholders internal control environment etc Managing the monthly close activities and ensuring timely and accurate reporting Prepare and Review journal entries reconciliations and financial schedules as part of the close process Support the preparation and review of financial statements in line with reporting standards Manage monthly and quarterly IFRS FINREP GSIB Regulatory and MI Reporting and manual returns for legal entity Ensure compliance with applicable financial and regulatory standards and timelines Maintain detailed balance sheet substantiation files and ensure aging items are followed up and escalated where needed Execute and monitor intercompany reconciliations identify breaks and support resolution efforts Participate in end-to-end process reviews to identify inefficiencies and control gaps support documentation and execution of controls to strengthen the control environment Work with stakeholders to document issues propose corrective actions and follow up until closure Liaise with upstream teams e g data providers operations and downstream users e g reporting compliance to ensure data quality and process alignment Escalate process dependencies or roadblocks and support resolution with cross-functional teams Coordinate audit requests by preparing supporting documents and responding to audit queries Contribute to finance transformation projects and automation efforts by testing documenting and supporting implementation Requirements Recognized professional Accounting or Management qualification CA CPA ACCA MBA ICWAI with 10 years of experience predominantly in Finance including in leadership positions managing complex requirements from senior stakeholders Strong knowledge of month end closure Reporting processes at large financial institutions will be preferred Experience and working knowledge of US GAA IFRS and regulatory reporting frameworks such as FINREP COREP with deep understanding of financial disclosure and compliance requirements Proven track record of controllership role in BFSI sector and sound knowledge of businesses such as Retail Commercial and Global Banking etc Strong experience and working knowledge of General Ledger like Oracle SAP PeopleSoft including related data flows Experience that demonstrates ability to deliver BAU and Change Transformation Projects Good knowledge of Analytical tools MS Access Database SAS will have an added advantage Proven track record of driving re-engineering process synergies and technology-based solutions Experience in designing implementing and validating the effectiveness of process controls 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 Issued By HSBC Electronic Data Processing India Private LTD