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, ICO CoE

Business: Finance Function

Principal responsibilities

Business:

Intercompany CoE, Finance Operations

Ability to manage and leading the ICO recharges and recoveries processes Responsible and accountable for business service delivery parameters. Investigate various Intercompany reconciliation, back up documentation for reconciliations and schedules Should be proficient in financial statement closure procedures. Strong technical knowledge of Intercompany accounting & related processes. Analytical skills to perform Intercompany variance analysis and other analysis. Functional experience in Intercompany accounting for all balance sheet / income statement heads Proficient in assurance and control function related to balance sheet accounts including substantiation for the Intercompany related accounts including Adherence to FIM Periodic review of the process controls to identify and implement preventive/detective automated/manual controls and establishing corrective actions where a risk in the process manifests as an issue Ensure adherence to audit, assurance and compliance requirements. Exhibit ownership of the business, understand financial impacts and identify ways to mitigate risks. Adhere to and be able to demonstrate adherence to internal controls.

What you will need to succeed in the role:

Skills required

Very strong Accounting & reporting skills Able to provide strategic direction and manage multiple Business Partner relationships Proficient analytical review skills; ability to add value to customer deliverables through understanding of the business / lateral thinking Pre-empt issues or concerns and flag these off to business partner in a timely manner Ability to manage trouble shooting/ secondary reviews and understand all queries raised by business partner and determine escalation as necessary Very strong ability to prepare organizationally and operationally for growth in size of department/responsibilities Ability to drive change and strategic initiatives to realize Business Re-engineering Lead migrations & remigrations and successfully establish processes at Fin Ops Have an eye to detail to ensure that there is 100% review of all deliverables Ensure high quality of output is delivered e.g. financial data in the reports etc. is accurately and correctly presented

Accounting skills

Have in-depth understanding of Intercompany transactions and various aspects of it Preferably background of ICO recharges process Knowledge of Inter-Company Operating Plan will be added advantage

Risks& Controls

Responsible for maintaining documentation per RCA and SOX requirement Ensure SOPs are updated all times and tested by back ups Adherence to Group policies (FIM/DIM), IFRS reporting requirements, audit, controls and compliance requirements Ensure testing of processes per BC plan Robust back up planning for uninterrupted service delivery

Customer/ Stakeholder

Excellent communication skills to be able to understand and provide satisfactory service delivery to In-Country team Relationship Management with senior managers and at a process level Agree on roadmap and plans for reengineering and standardization Monitoring Performance Hold regular calls with Business partners and eliminate areas of concerns if any Pro-active approach to be able to deal with new requirements, ad-hoc requests and unusual variances

Experience Required

Chartered Accountant/ CPA/MBA Finance/Finance Graduate, with 10-15 years of experience Experience of working in Financial Services Industry in Intercompany Accounting & reporting verticals High level understanding of risk & controls / compliance Project management / PowerPoint and presentation skills Good understanding of Fusion, FTP, HUB, etc.) Strong planning and organization skills Strong technical understanding of accounting principles and demonstrated competence in their application Ability to understand and implement Group's risk management policy Should have demonstrated ability of driving results Experience of interacting with internal and external auditors Experience of assurance and compliance reviews/ SOX related reviews preferred

What additional skills will be good to have?

Knowledge of HIBS, Fusion and various GLs used across entities Prior experience of working on any: Workflow solutions such as Appian; Data visualization tools such as Qlik Sense; Data automation platforms such as Xceptor: and The information contained in this job description is a true and accurate reflection of the job as specified.

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