at HSBC
OtherPosted 3 days ago
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**Assistant Vice President, Finance Operations - HSBC Life** Manage monthly financial book close for HSBC Life's Finance Operations, ensuring alignment with group financial reporting and local regulatory requirements. Key responsibilities include monitoring Health Policy Administration System (PAS/COMPASS) batch runs, supporting product development teams, collaborating with Distribution functions, managing end user computing controls, and performing balance sheet substantiation and reconciliation. Ideal candidates possess relevant Finance Operations experience, preferably in Life Insurance, with a strong background in managing commission and distribution cost bookings. Familiarity with Alteryx, Power builder, AI, and accounting policies is beneficial. Professionally qualified in accounting and finance, with a relevant degree, is preferred.
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Full Job Description
Some careers have more impact than others.
If youre looking for a career where you can make a real impression, join HSBC and discover how valued youll 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 furthe
We are currently seeking a high calibre professional to join our team as an Assistant Vice President, Finance Operations.
In this role you will:
- Managing monthly financial book close in line with group financial reporting and local regulatory reporting timeline for Finance Operations with main areas covering distribution, health and fixed asset related process.
- Daily monitoring of batch run from Health Policy Administration System (PAS /COMPASS) and promptly managing any remediation actions of any exemptions.
- Support the product development team and system Day2 change request activities as the main finance subject matter expert (SME).
- Work with the Distribution function [Distribution Support Services (DSS) and Distribution Performance Management (DPM)] to ensure correct booking align to the production period and insurance fund.
- Managing the end user computing (EUC) controls Finance Operations.
- Commission and Distribution accounts related Balance sheet substantiation and reconciliation support to distribution team.
To be successful you will need:
- Relevant experience in finance operations preferably in Life insurance industry
- Prior experience in managing insurance commission & distribution cost booking will be and distinct advantage.
- Ability to adopt to the current GL and policy admin system and operational simplifications using Alteryx, Power builder and AI will be an added advantage.
- Full/ Part professional qualification in accounting and finance
- Degree in accounting and finance
Opening up a world of opportunity
HSBC is 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. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by The Hongkong and Shanghai Banking Corporation Limited.
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