Accounting/Financial Analyst/ITID

Job description

Guidance notes:

This job profile provides a broad overview of the role of a Portfolio Financial Accountant within the Job Category Programme Office Technology and is not intended to exhaustively describe the job.

Job Profile text:

The primary goal of ITID PPM Financial Management is to ensure the effective cost management across a large, complex change portfolio within ITID. The role is locted within the central PPM Practice function in ITID Portfolio and Programme Management.

The PPM Portfolio Financial Accountant will report to the Head of Portfolio Services and does not have direct reports. The successful candidate will support the ITID Change Portfolio working across a wide range of programmes leading and participating in the management and analysis of data, process and governance pertaining to financials.

The individual will get involved with most or all of these responsibilities:
· Drive delivery and quality of financial management, across regions and entities of responsibility to meet set timelines.
· Support the monthly reforecasting cycle, acting as an SME to portfolios and provide advice and guidance as needed.
· Complile reports and provide first line commentary and analysis of variances and drivers.
· Actively seek to minmise variances across the portfolio and drive accurate forecasting by regular communication with portfolio and project leads.
· Ensure that all periodic (e.g. monthly, quarterly, annual) reporting for the team meets set deadlines.
· Support the implementation of changes in financial processes and controls
· Influence key financial stakeholders to drive efficiencies and effective utilisation of funds across regions and entities.
· Support the annual budgeting process as required
· Support portfolio and global governance forums in its effective resource management and utilisation
· Lead and participate in financial governance groups and collaborate with stakeholders on finanical planning and resource risks, issues and opportunities
· Actively encourage collaboration across various stakeholders from a demand, resourcing and financial perspective.

The individual will be/have:
· Qualified accountant (CIMA, ACCA) or accounting education at degree level with full understanding and working knowledge of GAAP and the forecasting of Cash and P&L, capitalisation processes and accruals/prepayments.
· Proven experience of managing monthly forecasting of $50M+ in an IT department of a large, global corporation.
· Excellent stakeholder management
· Excellent understanding of common project management terms and concepts
· Self starter, dedicated and a team player.
· Organised and structured way of working.
· Ideally Banking experience.
· The role will be required to work UK hours.

Wednesday, September 05, 2018

Control

All staff are responsible for ensuring the effectiveness of the controls that are in place to manage the risks in the processes and activities that they undertake in their day to day role.

Conduct

Management of conduct is a critical component of all our business activities including, for example, the Group's strategy and business models, our culture and behaviours, our interaction with customers, our financial markets operations, and our governance and oversight processes. HSBC's approach to conduct is designed to ensure we deliver fair outcomes for our customers and do not disrupt the orderly and transparent operation of financial markets.

Focus on conduct is integral to HSBC's values and principles, and supports the Group's strategy for sustainable growth and streamlining of business processes and procedures.

HSBC has defined the Global Outcomes relating to Conduct which must be delivered by Global Lines of Business, HOST and the Global Functions. The 15 Global Outcomes are located within the document in this link:
Global Risk FIM / Regulatory Compliance / B.25 Global Conduct Policy
Whilst all 15 Global Outcomes apply across the organization, there are more dominant or relevant Outcomes which relate to specific roles. Below is an indicative guide to show which Outcomes are more likely to apply to this job description. All roles within the organization should adhere to the Outcomes and the local regulatory standards and requirements relating to the markets in which they operate. It is mandatory that the conduct outcomes are included in the profiles and must not be amended.

Please note, the outcomes which are not applicable to this job category are not listed below.

Strategy & Business Models

Culture & Behaviours

2. Our culture supports our people and empowers them to consistently do the right thing for our customers and markets in which we operate

3. Our people are competent and committed to the fair treatment of customers and not disrupting the integrity of markets

4. We are open to challenge, we acknowledge when things go wrong, we fix things and we learn from our mistakes

Markets

11. We seek to prevent and will proactively identify actions and behaviours that constitute market misconduct, and respond appropriately

13. We manage conflicts of interest and appropriately handle information to reduce the opportunity for misuse

Governance & Oversight

14. Our governance framework provides effective oversight of how we fairly treat customers and uphold market integrity

Principal Accountabilities: key activities and decision making areas

Typical Targets and Measures

Impact on the Business/Function

The Portfolio Financial Accountant directly impacts the ITID PPM community by ensuring processes and controls are up to date and adhered to, aiding the effective cost management and utilization of funds across the wider change portfolio.

The successful candidate will seek opportunities for continuous improvement and will be responsible for contributing process improvements for the function.

Evidence of knowledge and understanding of financial terms and concepts through communication with stakeholders including management and peers.

Evidence of knowledge and understanding of tools and systems through communication with stakeholders including management and peers.

Customers / Stakeholders

Customers / stakeholders include all Functional Heads within the HSBC IT Infrastructure Delivery, as well as Portfolio Leads, Project Managers and relevant COO and support functions.

Leadership & Teamwork

The successful candidate will be able to lead and drive resolution to queries and issues pertaining to financial management, as well as thrive in working as part of a team.

The successful candidate will have the ability to influence without authority and have excellent stakeholder management skills.

Timely and accurate submission of developed reports and governance documentation as appropriate. Measure: 100% submission rates of all reports under management.

Operational Effectiveness & Control:

To understand & drive the effective management of financial data and reporting to relevant stakeholders.

Identify, analyse and seek to actively progress resolution to common issues /themes across the portfolio (e.g. issues around rates)

Local Job Requirements (This could include; Job Dimensions, Job Context & Major Challenges)


Certifications, Qualifications & Experience (For the Job – not the Job holder. Minimum requirements of the Job)


Qualified accountant (CIMA, ACCA) or accounting education at degree level with full understanding and working knowledge of forecasting of Cash, P&L, capitalisation processes and accruals/prepayments.
Proven experience of managing monthly forecasting of $50M+ in an IT department of a large, global corporation.
Excellent stakeholder management
Excellent understanding of common project management terms and concepts
Self starter, dedicated and a team player.
Organised and structured way of working.
Ideally Banking experience.

Desired profile

Qualifications :

NA