Opportunity typeInternship, Clerkship or Placement
Application open dateApply by 31 Oct 2023
Start dateStart date ASAP
About HSBC
HSBC is India’s leading financial services group, providing a full range of banking and financial services to its customers through 26 branches across 14 cities, as well as software development and global resourcing operations to its colleagues around the world. It is at the forefront of arranging deals for Indian companies expanding abroad and for international companies investing in India.
Your role
Support CAO Teams (various HBAP sites) on the production and Analysis of Financial Information for External Reporting.
To manage the financial reporting requirements of a new pronouncement “Fin Rep” specifically related to the Balance Sheet, P&L, and associated supplementary data. The primary purpose is to meet the business need for control through:
Ensure accuracy, completeness, and validity of figures in the financial statements for monthly and quarterly close related.
Robust Analysis.
What you’ll do:
Principal accountabilities KPI and targets service delivery
Identify reporting requirements and assess applicability for respective countries.
Collate, and compile financial data/ reports using financial systems
Co-ordinate, closely with in-country finance teams and also the HBME Region
Ensure accuracy and completeness of analysis and data integrity
Identify opportunities for development and drive changes independently
The candidate will be responsible for service delivery according to the established PLAs, drive process re-engineering efforts within the team, and provide analytical / accounting standard interpretation support when required by the onshore team.
Can understand and coordinate with GRCA reporting teams at GFC.
Ensure the completion of all reporting requirements within the contractual timeline.
Manage customer expectations related to timelines and deliverables.
Has a strong technical understanding of Accounting / Reporting principles and demonstrated competence in their application.
Challenges
Long working hours during peak reporting
Solutions for new reporting requirements need to be assessed and worked upon. The output needs to be validated against country-level GRCA reporting data.
Reengineering targets and efficiency gains need to be worked open
Process simplification projects need to be driven and results to be attained
Customers / Stakeholders
HSBC GFC team (India)
HSBC offshore team (Overseas)
Teamwork
Effective communication with the manager on organizational change and goals
Achieve efficiency in operations and maintain work-life balance.
Create an environment within the team that fosters knowledge sharing and open forums
Develop soft skills and technical competency by enrolling in training.
Operational Effectiveness & Control
Adherence to Group policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy
Effectively drive change and achieve cross-training.
Training & development
The HSBC internship will give you first-hand experience of what it’s like to work for a global bank. You’ll have opportunities to meet with senior leaders to learn about different areas of your business line. The training and development you’ll receive are designed to ensure you are prepared to continue to its graduate programs.
Benefits
HSBC offers a market-competitive pay and benefits package which may include:
Fixed pay
Technical and business-aligned training
Professional development
Flexible working
Buddy and Mentor
Talent Marketplace
Volunteering programme
Career progression
HSBC wants all its interns to thrive with them and be successful in their program. If you perform well and would like to pursue a career at HSBC, you will be considered for a position in one of the global graduate programs after your placement.
Work-life balance
HSBC believes it’s not just where you work, but how and when you do so that you’re enabled to be at your best and deliver exceptional outcomes for the customers. The culture promotes flexibility, collaboration, learning, and well-being in both physical and virtual workplaces.
Culture & vibe
HSBC's purpose is to open up a world of opportunity. That means celebrating the differences and building a culture where everyone feels included, valued, and respected. It believes everyone should have the freedom to be themselves at work and it encourages colleagues to be active allies and to speak up if they have concerns. They work with its global employee networks to create an environment where everyone feels included and supported.
About you
What you will need to succeed in the role:
The candidate should be a CA Intern.
The candidate should have 18 months left for the Training Period and the Final attempt due on May 24.
Good IFRS Knowledge and ability to drive presentation and disclosure decisions.
Ability to understand numbers and their impact drive and achieve accuracies across report deliveries.
Excellent knowledge of MS Office (Excel, MS Access) and Saracen.
Excellent Communication skills – Both verbal and written.
Good analytical skills, an eye for detail, and a drive for quality, statistical skills to study trends, understand, and interpret numeric information.
Knowledge of, and experience in planning and organizing techniques as well as in problem-solving techniques
Self-driven, with the ability to support new team members & work within a team.
Flexibility to work by Business requirements.
Ability to build rapport with and relate to a wide range of people including Business partners.
Should be open to shifts and willing to work overtime as per the process requirements.
How to apply
To apply for this role, click on the "Apply on employer site" button, which navigates to the career section where the application can be filled out and submitted directly.
Sources
The following sources were used in researching this page:
Hsbc.com/careers
Youtube.com
Work rights
The opportunity is available to applicants in any of the following categories.
Work light flag
India
Indian Citizen • Indian Permanent Resident • Indian Student Visa
Qualifications & other requirements
You should have or be completing the following to apply for this opportunity.