Finance Manager
- London, Greater London (GBR)
- £300 - £375 Per Day
- 6 Months
- Start date: ASAP
- Ref: HSBCJP00048739
- finance
- statutory reporting
- financial reporting
- reporting
- audit
- sarbanes
- variance analysis
- financial services
- chartered accountant
- business analysis
Job Title: Finance Manager
Location: London
Pay Rate: £375 Per Day PAYE / Umbrella / Inside IR35
Duration: ASAP – until April 2024
THE ROLE
The UK Finance team aims to be a strategic partner and advisor in achieving HSBC Innovation Bank’s overall mission to increase our clients' probability of success, supporting all of the Management information (“MI”), business analysis, financial reporting, Financial Control, Treasury and Tax activity for the Bank. This will be done by:
• Delivering insights to support decision-making, drive performance, and set strategy;
• Establishing a strong control environment to meet our obligations, protect our business and deliver smart, safe growth.
We are looking to hire a talented individual to support UK financial reporting and controls. The role will report to the Head of Financial Accounting and Reporting and will work closely with the broader Finance team, as well as Compliance, Business Risk, Operations, Internal and External Audit teams.
The role-holder will work with global and regional colleagues to embed the appropriate tools, processes, and controls to support the requirements of an expanded business and enhanced accounting, governance, and control requirements, including IFRS reporting and the statutory audit.
RESPONSIBILITIES:
- The successful candidate will oversee and / or play a key role in:Financial control and accounting: Support local IFRS accounting to ensure timely period end close alongside a team based in India and central Group teams. Collaborate with and support these teams to ensure financial controls are embedded to drive financial integrity and to mitigate related risks. This includes supporting accounting operations, associated controls, ledger maintenance and integrity.
- Group financial reporting: Support the monthly and quarterly financial performance reporting and presentations, including variance analysis to support the close for senior management, the Board and regulators (as required).
- Statutory reporting and audit: Support the production and sign-off of the statutory accounts in the UK, including support the data sourcing, testing and associated processes for new IFRS reporting, liaising with external auditors and internal stakeholders to ensure timely resolution to audit queries.
- Process and control improvements: Partner with global teams to continually look for opportunities and lead and support enhancements to processes for efficiency, effectiveness and control.
- Accounting policies and procedures: Recommend, maintain and enhance accounting procedures to comply with Sarbanes-Oxley, IFRS, applicable internal policies, and regulatory requirements. Maintain awareness of, as well as evaluate, accounting and regulatory pronouncements and lead the development of new accounting policies and procedures as appropriate.
- Tax: Support local tax activity across HSBC Innovation Bank as required.
The individual will work as part of a small team of finance professionals based in the UK and collaborate with a number of teams across the globe to meet HSBC Innovation Bank accounting, control, reporting and tax requirements. This will mean building strong relationships with individuals at a variety of levels and across multiple teams and time-zones in a matrix management structure.
- SKILLS AND REQUIREMENTS:Proven Controller, Internal or External Auditor with knowledge and experience of IFRS accounting
- Strong organizational and time management skills
- Strong technical knowledge of IFRS accounting and the UK financial services regulatory requirements
- A good level of understanding of the UK commercial banking environment and product set and an ability to quickly gain a thorough knowledge of HSBC Innovation Bank’s operations and products
- Brilliant communication skills with an ability to build strong relationships, influence, engage, challenge and explain the complex and simple to mobilise diverse groups to take actions and solve complex problems in a sustainable and scalable way
- Resourceful, collaborative, disciplined and able to operate independently to lead and support multiple projects across a number of areas in a fast-paced environment
- Chartered Accountant qualification or equivalent education
- Curious with exceptional analytical and critical thinking skills
- Passionate about continuing to learn and improve
