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AVP FSO and SM
AVP FSO and SMConfidential • Chennai, India
AVP FSO and SM

AVP FSO and SM

Confidential • Chennai, India
10 days ago
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 FSO and SM

Business : Finance Systems Operations & System Maintenance

Principal Responsibilities

  • Effectively Perform and Review Reconciliations and Data validations.
  • Identifying reconciliation exceptions and prepare Corrective Action plan.
  • Thoroughly Investigating and escalating any discrepancies on time
  • Lead Accounting Period Control changes for GL and / or Financial Reporting changes for Consolidation
  • Efficiently Perform Reference Data and Inbound / Outbound Rules maintenance.
  • Provide Strategic advice and governance over SDI / Consolidation and Other Change implementation releases
  • Developing test strategies and plans and management of user acceptance testing
  • Participate in testing and support end users for UAT / Go-Live approval
  • Interact and Coordinate with stakeholders for user requirements
  • Interact and Coordinate regional Finance teams in compiling project related information, offering guidance as needed.
  • Effectively Manage incidents and User queries.
  • Strategically Manage ad-hoc tasks as required.
  • Assess and Update / maintain the Process manuals and Standard Operating Processes.
  • Oversee and analyze production system support tasks performed during Daily, Monthly, Quarterly and Year-end close.
  • Provide functional SME input for the Finance Operations supporting the line finance users and business partners.
  • Manage production issues & resolution and communicate & escalate any challenges to Finance / Business Users, Regional IT teams in a timely manner.
  • Provide strategic oversight and guidance in activities includes assisting in UAT of new enhancements, transition of changes from project to BAU and other advisory roles.
  • Coordination with IT and other pertinent upstream and downstream
  • Provide expert-level guidance and advisory oversight on the resolution of Complex User Queries.
  • Proactively identify, manage, and report on existing and emerging risks / issues, ensuring appropriate mitigation plans are in place and regularly reviewed.
  • Review and provide documentation for internal audits, coordinating with stakeholders to address any gaps or areas for improvements as required
  • Ability to support Business & FSO management with timely system updates.
  • Partnering with the Change team with various system updates and changes.
  • Responsible for the coordination and governance of controls used in the system.
  • Has the ability to standardize a process by suggesting the best practices.
  • Ensure Strict governance will be observed in accordance with FIM standards.
  • Conceive Ideas and spread awareness of implementing various automation tools to reduce manual efforts.

Leadership & Teamwork

  • Be a good team player
  • Self-driven and motivated
  • Ability to deal with senior management
  • Promote the Group's Values and strategy by adopting ways of working which maintain team engagement.
  • Take ownership and oversee the end-to-end delivery of solutions ensuring all deliverables meet quality standards, timelines, and stakeholder expectations.
  • Build relationships with stakeholders to ensure alignment, manage expectations and address issues
  • Demonstrates HSBC Values with utmost professionalism.
  • constructively.
  • Qualifications

  • MCA / BE / MBA with overall 10+ years of experience
  • Understanding of Financial and Non-Financial Metrics used for the business performance.
  • Understanding of the different Financial and Non-Financial (Front End) systems
  • Understanding of high-level data flows (Record to Report)
  • Understanding of user needs and ability to articulate visions through documentation and presentations.
  • Excellent written and verbal communicator
  • Ability to identify and raise escalations.
  • Strong decision-making skills, with the ability to facilitate and negotiate prioritization with users and stakeholders.
  • High level understanding of BI / visualization tools (Qlik Sense etc.)
  • Agile methodology
  • Understand the overall General ledger / FR Consolidation functionalities and its usage.
  • Good understanding of multiple GL systems within HSBC - FTP, Fusion. HUB, PSGL and / or Consolidation systems e.g. Saracen including architecture and data flow
  • The level of performance is in sync with the target set as per the SLA / KPI.
  • Should be able to innovate and provide out-of-box solutions to problems and streamline the processes.
  • Build and manage key relationships with stakeholders across IT and Finance
  • Ability to multi-task and may be required to help in business as usual of similar systems.
  • Demonstrates HSBC Values with utmost professionalism.
  • Others

  • Should be able to work in rotating shift pattern
  • Open to work on weekends on need basis.
  • Respond to and provide extended support as required by the Business Deliverables. – Extended hours / weekend support.
  • Navigate complex stakeholder priorities, coordinate multiple dependencies, and mitigate risks that require strong planning and alignment skills.
  • Operates autonomously with a well-organized approach, regularly updating senior management and stakeholders, and requesting support as needed for complex challenges.
  • The jobholder will continually assess operational risks by considering role-specific and business wide risks, considering operating procedures and practices, management restructurings, and the impact of new technology, and ensures timely, effective actions are taken when risks emerge.
  • 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
  • Skills Required

    Agile Methodology, strategic advice, User Acceptance Testing, Financial Reporting, Governance, Reconciliations, Internal Audits, Automation Tools

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    Avp • Chennai, India

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