About HSBC:HSBC Saudi Arabia provides investment banking services to the full spectrum of corporate and institutional clients in both the private and government sectors, including public companies; private companies and establishments; funds; government agencies; and family businesses and offices.
Role Purpose:The role holder is responsible to support in all matters relating to the financial and regulatory reporting for the organization
Principal Accountabilities: Key activities and decision-making areas:Impact on the Business Ensure that all periodic (e.g. monthly, quarterly, annual) reporting requirements meet set deadlines Undertake the timely production & provision of accurate and reconciled financial information Support in prepare financial and regulatory returns for management review Reconcile GL accounts, Account Receivable and other financial accounts. Prepare and post journals to the entity GL system Identify and investigate discrepancies in financial records. Support management to provide first line analysis of variances To support the manager to ensure timely submission of financial and regulatory reporting to external stakeholders, including CMA, ZATCA etc. Support in preparing commentaries on monthly balance sheet and P&LRespond to regular and ad hoc data and report requests from key finance and non-finance customers Ensure all work undertaken complies with HSBC policies, procedures and work practices Actively participate in enhancing financial processes and reports and help drive efficiencies Maintain and update relevant sections of the finance DIM document Stay up to date on accounting and financial reporting standards. Other duties as assigned
Customers / Stakeholders Coordinate with all Department/Unit/Functions to ensure compliance with the statutory norms and guidelines Provide support in all internal audit activities with the Internal Auditors External customer: in this role may also need to communicate with external customer such as Banks, Regulators and Tax authorities
Operational Effectiveness & Control
Establishing and maintaining reconciliation procedures. this is include updating the current system for reconciling financial accounts on regular basis as well as documenting the procedures so they can be easily followed by other employee Identifying and investing discrepancies. if the reconciliation officer identifies and discrepancies in the GL records it must be investigate the matter to determine the cause of the discrepancy and share with GL owner to rectify. Taking correction action: once the cause of the discrepancy has been identifying, the recompilation officer must be following up with GL owner to take corrective action. Maintain accurate and complete financial records: the reconciliation Reporting officer is responsible for ensuring that the company financial records are accurate and complete. This includes ensuring that all transaction is recorded in a timely manner and that all balances are reconciled on a regular basis. Efficiency and effectiveness: the reconciling process and reporting process should be effective in ensuring the accuracy and completeness of the company financial records.
Leadership & Teamwork Communicate a clear vision for the Finance Department that is aligned to the overall HSBC vision, Values and goals, and inspires and engages people to create an inclusive, high performing, customer-centred culture. Need to be collaborate with other members of the FCD team to ensure that the company’s records are accurate and complete.
Qualifications / Experience:Bachelor’s Degree in Finance/Accounting or equivalent Additional accreditations from SOCPA, IFRS CM1 would be an advantage 3 - 5 years of relevant experience in financial and external reporting Good knowledge of Excel Working knowledge of Power BI, Alteryx or similar finance tools will be advantage