Senior Finance Manager

Senior Finance Manager - Strategic Cost management - 9 Month Fixed Term Contract Join to apply for the Senior Finance Manager - Strategic Cost management - 9 Month Fixed Term Contract role at HSBC We are currently seeking a high calibre professional to join our team as a Senior Finance Manager - Strategic Cost management Responsibilities Lead on the development and implementation of a new centralised cost reporting framework for HSBC Hong Kong, and once that implementation is complete will be responsible for ongoing analytics, benchmarking and forecasting to support cost planning and investment prioritisation including through the annual Financial Resource Planning exercise. Drive Hong Kong Finance’s advocacy for cost management, including governance and discipline on investment business cases. Key challenges will include the inherent complexity and scale of the Hong Kong business and reporting perimeter, the need to align multiple data sources and outputs from multiple reporting tools, existing expertise being spread among multiple teams, diverse reporting formats and granularity, and limited understanding of the basis and drivers for some current cost recharges into the business lines. Establishing a ring-fenced perimeter reflective of costs owned and managed directly within the Hong Kong perimeter (as opposed to non-controllable costs allocated to Hong Kong) will be a key part of this delivery, alongside clear identification and analysis of intercompany income recognised in the perimeter. Work together with the Head of Commercial Insight & Advisory to align all business units to this new reporting framework, the role-holder will naturally establish alignment of the resources focused on cost reporting across the various business finance teams and will drive towards convergence under a single consistent service proposition to the business lines. Provide support to HK ex HS Global Business teams and regional GB&M finance and COO team to provide transparency and drivers to help understand the costs which are charged from DBS & GFs. Resources offshore will be leveraged to build, run and maintain the newly developed FP&A reports and to perform other routine tasks under the overall supervision of the role holder. The role holder will drive this industrialisation of standardised processes to ensure efficiency. Qualifications Strong analytical skills with a commercial bias. Investigative mindset. Significant experience within financial services industry. Proven finance record; functionally, operationally and technically. Experience in senior Cost, MI or FP&A roles with regular interaction with senior management both inside and outside of Finance. Ability to lead and influence across the stakeholder matrix. Proven ability to articulate complex issues concisely and in simple language to support problem analysis. Outstanding relationship management, collaboration and influencing skills. High level of personal drive and motivation to ensure delivery of a broad range of outputs simultaneously. Experience in resolving complex issues through leadership, influence and negotiation. Strategic thinker and pragmatic implementer able to develop efficient methods of bringing about change. 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. #J-18808-Ljbffr