Assistant Vice President - Management Reporting

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HSBC is one of the largest banking and financial services organizations 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 – Management Reporting.

Purpose of the role

This role is to support the UK RB& W Wealth Business. The team is responsible for reporting on actuals, analysis of numbers, supporting Forecast/Target and FRP of business and delivering meaningful MI to business. This team provides support to UK business stakeholders and engages with various business partners across UK Business. The role holder is expected to support the UK Finance Business Partner by delivering high-quality performance reporting, month-end close activities, and robust financial governance for UK RBW Wealth Products. Provide clear, data-led insights into P&L and balance sheet drives, strengthen controls, and help drive automation, standardization, and transformation initiatives.The role holder will be responsible for review and analysis of source data, MI reporting and Business Performance for Banking pillar. Responsibility includes preparing & analyzing MI to ensure high quality management reporting and business analysis of the published monthly MI packs to senior stakeholders. Handling MI related queries and analysis of reports for management reviews periodically. To liaise with business partners/counterparts on analytical requirements like analysis of Banking Pillar businesses to help businesses for taking informed decisions.

In this role, you will:

• Monitoring actuals and engage skillfully with incountry finance / business teams to provide update / collate commentary for Wealth products of UK RB&W.
• Partner with the in-country finance and business teams to understand the business drivers and performances, Prepare and maintain actuals MI reporting / packs / commentaries, Collaborate with in-country leads and coordinate and submit the forecast journals.
• Proficiently highlight gaps in forecast submission, perform investigation and analysis, Proactively support FRP, Budget and Target process to meet operational timelines.
• Provide effective Support in reasoning the actuals vs forecast variances.
• Ensure monthly reporting at business/ product level, overall business/ product performance packs, Exco packs for Investment Banking products – End to end support for reporting, analysis of costs and support automation to Qlik Sense or any other tool like Python, SQL, VBA, Alteryx etc.
• Involve in effective management and business reporting (Banking pillar products) - BAU change initiatives and driving MI standardization, Recognise and identify the key problem/pain areas in business as usual and highlight the same for transformation, Assess, review and challenge assumptions, provide suggestions to enhance Reporting improvements, Develop and maintain robust reporting structure for reporting packs incorporating both Forecast and Actuals financials, and Collaborate across in-country and Finops stakeholders to align Reporting with business submissions.
• Working with various FinOps teams to get sign offs in NPDD tool, responsible to handle ad-hoc queries independently.
• Leading projects for process improvements, automation, end to end data flow review, and Managing Finops / I&A wide transformation initiatives.

To be successful you will:

• Required: Accounting knowledge is must.
• Preferable skills: TM1, Qlik sense, automation tools (Python / Macro/SQL/ Excel VBA/ Alteryx)

• Ensure service delivery of the designated finance processes per the standards set out in agreed SLAs within the HSBC operating framework taking into account key operational risk (including people & processes)
• Ensure all processes are correctly and thoroughly documented (SOPs and Process Maps)
• Maintain monthly reporting timetable via Achieve for both routine and ad-hoc tasks and strict adherence to Achieve
• Continuous review of processes with the objective of improving the service delivery timeframes and identify areas of improvement
• Ensuring BCP plan is documented, agreed with business partner and tested as per agreed timelines
• Adherence to Group policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy.

You’ll achieve more when you join HSBC.

www.hsbc.com/careers

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.”

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