Senior Manager Financial and Regulatory Reporting, HSBC

HSBC

Location:
Hong Kong, Kowloon City

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

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.

Job Responsibility:

Leading robust, timely and compliant preparation of all required submissions for the Hong Kong based legal entities (and the Macau Branch if any)
The end-to-end management of statutory reporting across the HK insurance group, including Group reporting (IFRS), Local statutory reporting (HKFRS), and regulatory reporting (primarily to the Hong Kong Insurance Authority, the Bermudian Monetary Authority and the Monetary Authority of Macau)
Leading the preparation of all governance papers including to the entity Board (quarterly), Audit and Risk committees (quarterly), and Executive Committee (monthly), with all finance matters to be communicated in a clear and concise manner
Robustly reviewing current reporting practice and procedures, identifying areas for continuous improvement, and then facilitating change including working closely with the business (Investment, COO, Products and Distribution and other teams) where required
Leading on the IFRS accounting changes as well as all regulatory and strategic business developments relevant to these entities
Working with the respective Investment and Strategy teams in a finance SME capacity to provide insight and analysis on Group investment / acquisition mandates, including the acquisition of property for the property portfolio and the acquisition / divestment of business interests
Maintain robust controls over all aspects of financial reporting (internal and external)
Second line of defence over financial reporting
providing quality and documented challenge through HSBC’s ARCC control processes, while proactively managing instances where any first-line control failures impact financial & regulatory reporting
Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators
Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which the jobholder is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy

Requirements:

Significant experience and expertise in the management of financial and regulatory reporting processes
Knowledge and understanding of major technical components of the insurance financial statements and their dynamics will be highly advantageous, ideally combined with a familiarity with a range of life insurance products and accounting frameworks, including embedded value measures
Experience from partnering closely with senior management in finance, and the wider business
Proven leadership ability and team working skills, ideally in an international environment
Excellent communication skills and written English, with the ability to manage multiple stakeholders, both internal and external, and conflicting priorities
Strong sense of risk management and controls
A mind set of continuous improvement and aiming for excellence
Strong academic background
Professional accounting qualification and significant post-qualification experience

What we offer:

Continuous professional development
Flexible working
Opportunities to grow within an inclusive and diverse environment

Additional Information:

Job Posted:
April 26, 2025

Expiration:
May 08, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Manager Financial and Regulatory Reporting

HSBC

Location:Hong Kong, Kowloon City

Category:Finance

Contract Type:Not provided