Job Description

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 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 Vice President - Financial Accounting, Ledger Strategy
Business : Financial Accounting Operations - Finance Operations
Location : Hyderabad ,Chennai
Principal Responsibilities :

• Contribute detailed existing finance knowledge in order to shape the target state.
• Support test execution and exit.
• Develop materials to communicate information to or support discussions with different audiences.
• Understand the data model, flow and end-to-end solution and processes.
• Analyse current state operating models against target model to inform transition approach (change impact assessment).
• Support transition and assess progress, evolving the approach with experience where necessary to ensure new operating models are fully embedded and benefits are realised.
• Assess impact of change against TOM and support Change & Implementation (C&I) to create a change portfolio that supports a pragmatic evolution to the target state, ensuring minimum disruption to business as usual and minimising gaps and overlaps between programmes.
• Define and monitor performance measures for the success of change management activities..
• Accountable for defining the PE close, reporting process and ensuring high quality delivery, as well as escalation, incident management, and stakeholder management around reporting.
• Responsible for the controls over the reporting processes and ensuring that control design is in line with HSBC's control framework and complies with all requirements (such as SOX).
• Drive development, review, and agreement of required operating model and control changes for the overall operating model and Finance roles and responsibilities within that.

Requirements

• Experience in accounting / financial / regulatory - IFRS, FINREP and GSIB Reporting
• Understanding of control frameworks and how to implement effective controls in practice. Strong written and oral communication skills in English. Ability to communicate complex ideas (e.g. relating to reporting/adoption of policies) in a simple manner to country/global teams
• Ability to deal with and analyze unstructured problems and queries and challenge existing procedures.
• Good understanding of Ledger processes, System hierarchies, along with Financial Reporting processes and how they impact reporting requirement, and more generically the banking and/or markets business, balance sheet and P&L.
• Ability to develop effective working relationships with stakeholders of different seniority
• CA/ICWA/MBA/CPA/ACCA with at least 12+ years or post graduate with 15+ years of post-qualification experience in accounting and reporting.
• Familiarity with IFRS, Regulatory, FINREP & GSIB reporting.
• Sound knowledge of consolidation applications, systems, routines, mappings and reference data
• Experience of using reporting systems to support business requirements and external./ internal reporting
• Proven track record of successful creation and analysis of business change requirements.
• Strong Regression and Functional testing experience will be preferred.

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."
***Issued By HSBC Electronic Data Processing (India) Private LTD***