Business Finance Manager ??? Global Insurance Finance
HSBC
Application
Details
Posted: 20-May-23
Type: Full Time
Salary: Open
Internal Number: 19632765
Job description
Some careers have more impact than others.
If you???re looking for a career where you can make a real impression, join HSBC and discover how valued you???ll be. 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.
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 a high calibre professional to join our team as a Business Finance Manager ??? Global Insurance Finance .
Principal Responsibilities
Maintain efficient reporting processes and effective controls ??? exploiting both Group and Insurance tools to establish robust and routine processes for internal reporting under IFRS17 including actuals, forecast & FRP, and GI performance under IFRS17 using an appropriate mixture of metrics to highlight performance
Planning & Forecasting ??? work with all stakeholders (Group, WPB, Sites, Group Actuarial team) to determine the plan process and define the specific inputs, outputs and dependencies on other systems/ tools, with the aim to deliver robust plan for the GI business
Responsible for key monthly MI deliverables being provided to relevant stakeholders timely, with reliable information and quality analysis
Support cost management efforts for GI business with other colleagues, including challenging sites and identifying cost risks and opportunities, and providing analysis to management to support decision making
Through the year, understand the change requests for MI during the year as IFRS 17 reporting evolves, and ensure the information is included timely with proper governance
Identify process improvements, efficiency opportunities and address any data integrity / governance issues across all aspects of MI reporting
Building strong relationships with respective stakeholders and information providers for smooth functioning of business finance processes
Partnering with sites to understand business performance and with Head Office Functions teams on managing HO costs
Proactively address issues that arise in the BAU and escalate for resolution, when needed
Key onshore person collaborating with offshore GFOC team, with proactive involvement in ensuring MI data files and integrity are structured and maintained, and processes are challenged and established as agreed
Lead / manage strategic / ad hoc projects, as needed
Requirements
Chartered Accountant or similar professional qualification preferred
Strong understanding of life insurance industry
Strong analytical skills with a commercial bias and an investigative mindset
Past work experience in a large and complex operating environment would be advantageous
Strong verbal and written communication skills, including experience of preparation of reports, analysis, and commentary suitable for presentation to senior management
Appetite to learn, investigate and challenge particularly through transition into IFRS 17 reporting, but also on an ongoing basis
A team player, with strong work ethics, able to deliver under pressure and contribute to a collegial work environment
Ability to take the initiative and undertake and drive tasks forward with minimum supervision, whilst also delivering a collaborative approach to working within and across adjacent teams based across multiple locations
Disciplined approach to process and controls
You???ll achieve more when you join HSBC. http://www.hsbc.com/careers
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Issued by The Hongkong and Shanghai Banking Corporation Limited.