Manager

HSBC Tamil Nadu, India
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Manager , Financial Accounting, Asset Management

Location: 

Chennai, TN, IN, 600096


Brand:  HSBC

Area of Interest: 

Closing Date:  Hybrid Worker

Date:  4 Jun 2026


Job description

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

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 Manager, Financial Accounting, Asset Management

Purpose of the role:

In this role, you will:

  • Undertake the preparation of monthly Opco reports, Product/segment reports, Cost & FTE reports, Client Profitability MIs and support analytical reviews. Further, undertake Actuals vs. Forecast analysis and end to end ownership of data, reporting and analysis and value adding commentaries. Collation and preparation of Annual Operating Plan/Latest Estimate/Outturn for HSBC group.
  • Perform analysis implementing existing/ new financial models and take measures to provide strategic support for various planning related activities. Responsible for conducting research, perform and present moderate to complex financial analysis, coordinate and collaborate with business partners to develop financial assumptions and explain rationale for conclusions drawn.
  • Cost Reporting role covers accurate and timely preparation & submission of data (including journals) into ledgers & reporting systems; Producing commentary and analysis of key variances. Ensuring data validations and reconciliations across various processes including allocations, accruals etc.; extending strategic support to requests raised for ad-hoc analysis.
  • Prepare allocation metrics through Cost & Distribution tool (CDT) & analyse charges to Global Business and maintaining robust insight and provide business drivers. Role in Strategic Planning & Stress Testing (SP&ST) entail performing analysis using existing/ new financial models and provide strategic support for various planning related activities.
  • The role in Client Profitability involves submissions, review & approve and reconciliations of P/L and balance sheet financials at client level detail. The process also requires ensuring strong controls & assurance, reference data reviews and cross team collaboration enabling accurate data, reporting & analysis of client profitability financials.
  • Responsible for analysing, investigating, and explaining key movements and trends in major P&L lines. Collaborate with global businesses to understand the drivers behind variances between Forecast/ Actuals to Target.
  • Preparation and review of average balance sheets: review of average balance sheets includes identifying trends and understanding reasons behind significant movements. Contribute independently to the delivery of FRP/Forecasting.
  • Undertake review of Business/Function Framework changes, related UAT and ensuring proper implementation. Responsible for ensuring the data integrity in MI Actuals via establishment of effective control procedure. Contribute to and participate in the review and challenge of FRP/Forecasting/ Boundary Changes and Budgeting.

To be successful you will:

  • Qualified Accountant (CA, CWA, MBA, PG Commerce, Graduate Commerce) with +4 years of post-qualification experience in Financial and Management Reporting
  • Any Science/Arts graduates with relevant experience in Financial Planning & Analysis processes with strong working knowledge of reporting and automation tools i.e., Qlik, Python, Tableau and Qliksense. Strong working knowledge of Financial Systems or Data Consolidation model/s is key (e.g., Omnia, TM1, HUB, FTP, and other similar systems) – Preferred
  • Knowledge or experience of data mining, analysis, financial statements, audit/controls. Commercial acumen – Good knowledge of banking business drivers, Profit and Loss (P&L) and balance sheet
  • Ability to plan, lead and implement change to business frameworks
  • Strong communication and ability to interact with multiple employee levels/business partners
  • Create culture of innovation, experimentation (including failure and learnings from those failures), sharing and collaborating.
  • Knowledge of or prior experience in fields like cost, stress testing, forecasting processes, financial and management reporting.
  • Understanding of, and interest in how new technology may be leveraged to improve reporting processes and controls.

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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