Assistant Vice President - IFRS17

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 organization 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 realize their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - IFRS17

In this role, you will:

• Should be having understanding of concepts of IFRS 9, IFRS17 reporting, Accounting Cashflows, disclosures
• Should be a subject matter expert on preparation of Entity Financial Control Activities – Ledger Close, Cost Analysis, 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
• Should be able to provide guidance to insurance operations and product development team in regard to procedures and their implications. Should have good perspective of system changes and its implications
• Should be capable of picking new projects/assignments / process : Identify, Drive, Build & operate it as BAU
• Should be good in Excel / MS Access
• Identify opportunities for process re-engineering / improvement and drive changes independently

To be successful you will:

• Qualified CA / CWA/ MBA Finance with at least 10+ years of post-qualification experience in accounting
• Past experience of working in insurance companies, consultancy or organization of repute will be an advantage.
• 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
• Provide strategic direction and manage Business Partner relationships.
• Stretch Hours at month end is normal practice , candidate should be flexible to work in any time zone, should have handled large database and have proficiency in excel.