HSBC is one of the world’s largest banking and financial services organisations. We serve more than 40 million customers through our global businesses: Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets. Our network covers 64 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.
Our purpose – Opening up a world of opportunity – explains why we exist. We’re here to use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our 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.
Listed on the London, Hong Kong, New York and Bermuda stock exchanges, shares in HSBC Holdings plc are held by around 194,000 shareholders in 130 countries and territories.
VACANCY DETAILS :-
POST NAME - Fund Accountant
QUALIFICATION - B.Com
PREFERRED QUALIFICATION - CA/CMA/CS/MBA/CFA
EXPERIENCE - 0 To 3 Years
LOCATION - Kolkata
JOB DESCRIPTION :-
Prepare accurate NAV packs, Stat Reporting or Global Tax on timely basis with expected quality.
- Responsible to ensure quality pack deliverables for several portfolios of Alternate & Traditional funds, Stat reporting or Global Tax
- Promote relentless focus on service quality across Fund portfolios, Demonstrate the level of commitment and the time management skills necessary to achieve deadlines and should be continuously strive to improve the valuation process and procedures.
- Operate in accordance with departmental procedures, thereby ensuring compliance with PLA, FIM and group policies on compliance / standards.
- Implement key changes in the process and deliver continuous process improvement.
- Handling of queries from other departments & business partners.
- Engage with the internal customer through participation in the service calls, prompt & accurate reporting of KPI/issues/ prompt response to ad –hoc queries.
- Capture accurate and right data (ICATs, daily tracker etc) for purpose of MIS Role will be of individual contributor nature and will not have team reporting to the role.
- The role will operate within the orbit of the NAV Shell of Funds services and will require technical excellence to achieve target deliverables.
- The role will interface with all other MSS Departments and with HSBC global offices as appropriate. To maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
- There may be ideas/Initiatives/projects to reduce direct and indirect costs and to achieve sustainable savings
Customers / Stakeholders
- Individual will be responsible for supporting Fund Services - Accounting & Valuation, covering Europe for single or multiple clients
- Primary responsibility of preparing NAV packs and performing checker activities as and when required.
- Making of Financial statements and Year-end Tax working papers as per requirement
- Raising the exceptions with appropriate teams to ensure the actions of the same before finalizing the pack.
- To develop and maintain mutually respectful & successful relationships with internal customers & business partners.
- Ensure all service deliveries are timely, accurate and in line with PLAs, agreed standards, client commitments and BP expectations
Leadership & Teamwork
- 100% technical role, responsible for core processing activities, minimal process control activities or reviewing as per the requirement of the role.
- Role will be of individual contributor nature and will not have team reporting to the role.
- To share process related best practices with the team.
- Initiatives to demonstrate the application of principles in the day to day work environment Participation and support provided to initiatives taken by other teams.
- Perform any additional responsibilities that may be required by the Supervisor in support of the on-going management and development of the division.
- Be involved in the project / support related activities as and when it arises.
- Undertake/conduct trainings/cross training for all staff including existing and new staffs.
- Being proactive in identifying root cause for process related challenges and share qualitative resolution.
- Be flexible to adopt in different working environment with counter parts across the globe.
- Demonstrate Group Values & principles
Operational Effectiveness & Control
- Processing (prepare) average 1500-3000 NAV packs on annual basis, 40-50 Financial statements or Multiple Tax reporting
- To maintain HSBC internal control standards including the timely implementation of audit points.
- Updating all daily MIS/trackers as required by the process.
- Complete all Mandatory trainings as and when required.
- Ensure timely follow up on the open & outstanding issues that hinder the valuation. Ensure, Escalation Matrix is followed as per agreed between Business Partners and MSS Kolkata.
- Undertake/participate in projects for improvement in delivery quality and/or timeliness.
- Identify and reduce manual processes for enhanced operational control. Support and implement technology up gradation
- Enhancements to Job-Aid Matrix, SOP, process notes, checklists, KPI and internal processes as and when required.
- Continually raising the risks that have been identified / observed in department processes and procedures.
- Support audit process and recommendations on a timely manner
What You’ll Do?
- The working environment is very professional and the incoming individual will have to meet the work related challenges with the same zeal. To ensure that individuals are able to perform at the desired level, there will be process training & necessary guidance provide by the SME/Section Coach/Line Manager on an ongoing basis.
- Prepare accurate NAV packs, Stat Reporting or Global Tax on timely basis with expected quality.
- Responsible to ensure quality pack deliverables for several portfolios of Alternate & Traditional funds, Stat reporting or Global Tax
- Operate in accordance with departmental procedures, thereby ensuring compliance with PLA, FIM and group policies on compliance / standards.
- Our clients operate in a highly regulated environment and it is of paramount importance that all internal controls and standard procedures are complied with at all times. Failure to comply could lead to damage to the Bank’s reputation in the marketplace.
- Implement key changes in the process and deliver continuous process improvement.
- Handling of queries from other departments & business partners.
- Engage with the internal customer through participation in the service calls, prompt & accurate reporting of KPI/issues/ prompt response to ad –hoc queries.
- Capture accurate and right data (ICATs, daily tracker etc) for purpose of MIS Role will be of individual contributor nature and will not have team reporting to the role.
- The role will operate within the orbit of the NAV Shell of Funds services and will require technical excellence to achieve target deliverables.
- The role will interface with all other MSS Departments and with HSBC global offices as appropriate. To maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
LAST DATE FOR ONLINE APPLICATION - 08.07.2022
LINK FOR ONLINE APPLICATION - CLICK HERE
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