Job Description

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 organisations 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 realise their ambitions.
We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - Insurance Finance
In this role, you will:

• Should be a subject matter expert / fair understanding of IFRS17 accounting and reporting
• Should be having understanding of concepts of IFRS17 like product classification, disclosure requirements, Impairment on Investment of subsidiaries assessment, basic accounting knowledge for books close and Saracen reporting structure.
• Should be a subject matter expert on preparation of Entity Financial Control Activities - Ledger Close, 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
• Should be able to comprehend and implement the controls and procedures in regard to Financial Control processes
• 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 senior stakeholders including Regional and Group Reporting teams.
• Should be able to navigate and create relationships with various departments to manage the dependencies and relevant updation. Should have logical thinking embedded in daily approach to work
• Should be capable of picking new projects/assignments / process: Identify, Drive, Build & operate it as BAU
• Should be good in Excel and other automation tools like Python / Xceptor etc

To be successful you will:

• Qualified CA / CWA with at least 10+ years of post-qualification experience in accounting
• Qualified MBA finance with at least 10+ years of post-qualification experience from reputed institutes
• Past experience of working in insurance companies, consultancy or organization of repute will be an advantage.
• Ability to develop effective working relationships with business partners/customers
• Ability to bring analytical rigour, structure and solution to problematic areas.
• Very good working knowledge of Microsoft Office is essential.
• Is expected to have strong technical understanding of accounting principles and demonstrated competence in their application.
• Ability in Business Reporting and Analysis
• Possess good analytical and lateral thinking skills.

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."
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***

Skills Required