SVP,Head of Financial Accounting - US
Our purpose – Opening up a world of opportunity – explains why we exist. Here at HSBC we use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our more than 40 million customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
The responsibilities of the SVP, Head of Financial Accounting are as follows:
- Lead of team of approx. 80 people on-shore and off-shore responsible for accounting and certain reporting activities for multiple legal entities
- Supervise the general ledger close process
- Work with key internal and external stakeholders including front office, Senior Management, reporting teams, auditors and regulators
- Under a three line of defense model, act as 1LOD in partnership with 2LOD risk stewards, including Global Accounting Policy
- Contribute to internal and external reporting in partnership with Business Finance, Financial Reporting and Regulatory Reporting
- Implement the accounting for strategic transactions, in partnership with Operations and US Strategy
- Significant focus on balance sheet management including ensuring that appropriate netting and offsets are done
- Participate in the new product due diligence process
- Maintain strong internal controls and evaluate control deficiencies that may arise, including materiality assessments
For this role, HSBC targets a fixed pay range between $192,200 and $336,300.
The final fixed pay offer will depend on the candidate and a number of variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
At HSBC, our overall goal is to provide a competitive Total Reward Package, with an appropriate mix of fixed pay, and variable pay, as part of an employee’s overall total compensation and benefits. Variable pay generally takes the form of discretionary, annual awards (sometimes referred to as a “bonus”). Additionally, HSBC offers a wide range of competitive and flexible benefits designed to help you improve your health and well-being, finances, and lifestyle.