Location
Bangalore | India
Job description
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.
Why join us?
- To support MSS Business in managing its cost base across all its asset class and regions via accurate and timely MI reporting along with stake holder management. The role is responsible for business partnering with MSS COO senior management including MI reporting and analytics. This includes ensuring the financial reporting continues to meet the needs of senior management, including global and regional heads of MSS COO, offshore functional heads, and other members of MSS COO office. The primary function of this position is to manage the production and reporting of accurate financial reports and to provide relevant & timely information to aid business decisions. Particular attention must be paid to quality of the data to ensure accuracy of the information delivered to senior leadership group.
- Reporting takes the form of financial performance at a MSS Group, regional, country, offshore site, and global business level. Monitoring and reporting of global KPIs including direct costs, FTE and Indirect cost including Inter-company recharges and recoveries.
Opportunity:
- The position is responsible for leading and coordinating intercompany recharge and recovery processes along with the planning and forecasting for MSS business.
- The role will be responsible for maintaining and enhancing governance and control covering:
- Managing Intercompany recharge and recovery for MSS and its asset class, along with proper governance to track the financials, bring transparency to business across regions and countries.
- Establish controls and procedures to monitor the entries, balance sheet position and proper accounting by entity financial control team. Support in converting the financial reporting and management proposals into operational processes on an ongoing basis.
- Operational management of the ongoing process of receiving core financial data, analyzing, and reconciling with entity/ regional financial reports.
- Project management to develop and enhance the process - such as planning, scheduling, controlling tasks, communication.
- Business analysis - analyzing existing processes, procedures, and workflows, working closely with the onshore and offshore teams to ensure that a consistent and sustainable process is followed.
- Interfacing - will be responsible for all financial aspects of MSS COO office & its asset class and will support the team in the UK and other Hub locations in providing accurate financial information on a timely & regular basis.
- Effectively communicate with various functions of MSS and other parts of Global Banking & Markets for information gathering, query resolution and follow-ups.
What you’ll do:
- Support Inter-company reporting process of MSS and its asset class (including GSC recharges and recoveries) with proper governance and control for Intercompany recharge and recoveries.
- Support in the operational activities of recharge methodology, CAMs and IGSA documents
- Tracking / Monitoring of all the queries via SMS tool/email from any regional or country team.
- Assist in completion of planning and forecasting process by liaising with COO teams.
- Complete planning / forecasting submission process in finance MI systems as per the timelines / guidance received from GBM Central Finance teams.
- Work on relevant ledger review to support / resolve business queries and InterCo gaps.
- Liaise with HIBS team to ensure billing happens per the recharge’s information provided.
- Support ad hoc request from senior business management on GBM & MSS COO wide InterCo requests.
Job tags
Salary
