Job Information
HSBC AVP- Financial Accounting in Chennai, India
AVP- Financial Accounting
Brand: HSBC
Area of Interest:
Location:
Chennai, TN, IN, 600096
Work style: Hybrid Worker
Date: 15 Apr 2026
Job Title: AVP- Financial Accounting
Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing finances and costs and deploying capital in the most effective way. Finance operations ( Fin Ops ) is core to Global Finance and provides a variety of financial support services to In-Country teams across the HSBC Group.
The current open position is in HSBC Financial Accounting team that involves period end close, accounting controls and balance sheet substantiation leading into IFRS, FINREP, GSIB & CE reporting which is a key input into the GFR process. We are currently seeking an ambitious individual to join this team in the role of “AVP Finance Operations”. The role holder will be responsible for
Managing complex accounting events such as manual journals, which are key to the ledger close, provide robust accounting and business insight into Trial Balance analysis, substantiation, exception management and book closure
Managing monthly and quarterly IFRS/FINREP/GSIB/Regulatory and MI Reporting and manual returns for legal entity.
Extensive involvement with all stakeholders.
Engagement in process improvement and automation initiatives.
In this role, you will:
Principal Accountabilities and Responsibilities (e.g., for Business, Customers and Stakeholders; internal control environment, etc.)
Key Responsibilities
Process Leader for one of the Financial Accounting work streams for the region and all legal entities within that.
SME in the area of financial control & accounting and have an end to end knowledge in closure of books per IFRS
Extensive exposure in various aspects of Site Reporting (IFRS/FINREP/GSIB/Regulatory/ MI Reporting and Manual return) and have the ability to move to a hands-on approach.
Experienced in analytical review.
Coordinate with the regional finance teams for preparation of accounts, timely closure of GL, completion of Site Reporting.
Operate within tight deadline for production and reporting activities; at the same time not to compromise on accuracy
Establish and run a strong quality control framework for outputs and activities.
Drive governance on exceptions. Seek inputs from various stakeholders
Lead new projects/assignments/process: Identify, Drive, Build & operate it as BAU and implement new technologies and drive process automation/ standardization.
Connect with other departments for end to end and satisfactory service delivery.
Ability to prioritize and plan work in an efficient manner.
Drive Transformation and Integration Initiatives
Deliver process improvement / efficiency. Partner with change management to support continuing process re-engineering initiatives.
Business and Customer/ Stakeholder
Drive performance to agreed service levels and manage In-Country teams’ expectations in a timely and professional manner
Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism
Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).
Manage / Support In-Country relationship effectively.
Risk and Controls
Maintain defined operations Risk framework
Adherence to Group policies, IFRS reporting requirements, audit, controls and compliance requirements. This also includes and is not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy
Ensure BC plan is documented, agreed with In-Country team and tested for all the processes as agreed
Responsible for timely update and maintenance of RCAs, BIAs, PLAs and ensuring all other documents like the SOPs are in place and updated.
Robust back up planning for uninterrupted service delivery.
Leadership & Teamwork
Effective communication with Team on decided Organization changes and goals
Achieve efficiency in operations and maintain work-life balance. Effectively drive change and achieve cross-training
Drive and maintain performance in team to required standards.
Maintain high level of employee engagement.
Create an environment within the team which fosters free sharing of knowledge and ideas
Develop the soft skills and technical competency by putting enrolling into trainings
To be successful you will:
Functional Knowledge
CA/CPA/ACCA/MBA/ICWAI with strong Financial Control and Stakeholder Management skills and strong background of IFRS norms are preferred. Overall post qualification experience of not less than 8-10 years for CA, MBA: 9-11 yrs
Prior experience in month end closure processes and Site Reporting is required
Strong knowledge of month end closure & Reporting processes at Financial Institutions will be preferred
Proven track record of role in controllership in BFSI sector and sound knowledge of financial products and businesses such as Commercial Banking and Global Banking etc.
Experience in managing mid-size teams in specialized functions
Working knowledge of FTP/HUB/Fusion etc.
Experience that demonstrates ability to deliver BAU and Change/ Transformation Projects
Experience in policy interpretation and implementation
Experience of working with processes involving US GAAP / HIGAAP/ IFRS understanding
Understanding of Global markets, products, securities etc.
Others
Excellent communication skills, including experience of explaining complex technical matters simply
Effective leader who can manage cross functional teams
Good knowledge of Analytical tools, MS Access Database, SAS will have an added advantage
Change and transformation experience will be a plus
Experience of working with colleagues and stakeholders cross-border in a multinational organization
Working/detailed knowledge of Operational framework/rules
Previous tenured employment with a Financial Institution will be an advantage
Proven track record of leading by example in terms of values and behavior
Hsbc.Com/Careers
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