Manager Financial Reporting, MENAT (UAE National)

Manager Financial Reporting, MENAT (UAE National) 

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If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential.

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

We are currently seeking an experienced individual to join our Global Finance team, working together with colleagues to define, manage and achieve divisional business targets.

Role Overview:

Financial Reporting is responsible for managing reporting development, performing consolidating, analyzing Financial Statements, and preparing and publishing of financial statements for external Stakeholders including regulatory authorities. The team is responsible for end-to-end ownership of key deliverables, including but not limited to Instructions letter, Adjustments, Journals, Assurance templates review, Consolidation / assurance checks, substantiate the IFRS and FINREP disclosures and to provide Sign-off to stakeholders.

Duties & Responsibilities:

•    Perform analytical review (in line with IFRS) and provide assurance on the quality and accuracy of data to be used for preparation and publication of Financial Statements and associated disclosures. The process involves performing appropriate analysis and logical checks to ensure there is reasonableness and consistency in data submissions, as also to identify any material errors and omissions.
•    The role holder will support the production of existing and designing new financial reporting information requirements and disclosures (ensuring best practice and compliance with listing requirements and regulatory standards).
•    Understand the consolidation mechanism of complex and granular financial information required for IFRS and FINREP reporting Purposes.
•    Perform and review analytical review and commentary on primary statements, notes and other disclosures in the Annual Report & Accounts and Interim Report.
•    Be a team player in supporting the planning and forecasting team activities (monthly and quarterly), wherever applicable.
•    Work closely and building strong relationship with multiple key stakeholders.
•    Identify opportunities to increase efficiency and consistent of process.
•    Ensure accuracy, completeness, and validity of Consolidated data in the financial statements for the purpose of monthly and quarterly reporting.
•    Build mechanism to track data inconsistencies as early as possible in the reporting cycle and take remedial steps to correct them.
•    To be flexible with duties to manage the peaks in the process.
•    Specifying effective data collection mechanisms and collecting complex financial information.
•    Evaluating impact of Chart of Accounts changes on Reporting system reports and System hierarchies. Take pro-actively steps for resolving potential reporting issues.
•    Respond to queries from senior level management and auditors as required.
•    Identify opportunities to increase efficiency and drive re-engineering and optimization of processes.
•    Maintain a robust and compliant control environment.
•    Ability to manage the service delivery of a designated process across function and jurisdiction.
•    Independently discuss new /complex reporting with Finance Control contacts and planning for the same.
•    Execute action plan around Key Performance Indicators on the gaps and on Business Partner Feedback.
•    Ability to coach and share knowledge with other team members.
•    Business partnering with subject matter experts in finance and other functions.

Experience & Qualifications:

•    Bachelor’s degree is a must to obtain UAE visa.
•    A qualified Chartered Accountant with evidential post-qualification 6+ years’ work experience in accounting/financial reporting and global consolidation.
•    Requires sound understanding of IFRS.
•    Person should have good understanding on consolidation of accounts.
•    Ability to manage the service delivery of a designated processes.
•    Excellent knowledge of MS Office suite (Excel, Access, PowerPoint and Word), Saracen and Hyperion.
•    Excellent Communication skills – Both verbal and written.
•    Knowledge of, and experience in planning and organizing techniques as well as in problem solving techniques.
•    Personal presence and able to command respect at a senior level.
•    Experience in a range of business and operational processes across the breadth of the financial services environment.
•    Strong ability to identify and mitigate risks and apply appropriate controls.
•    Experience delivering to internal stakeholders such as internal auditors; business functions; etc.
•    Commercially minded and ability to make decisions in a timely manner.

For further details and application information please visit our careers site, searching under reference number (ID: 0000KCA1).

We support our staff to adopt flexible and alternative ways of working where possible, including working from home and different hours subject to approvals.

You’ll achieve more at HSBC.
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