Manager Financial Reporting, Menat

-Job description**Manager Financial Reporting, MENAT**

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If you’re looking for a career where you can make a real impression, join HSBC and discover how valued you’ll be. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

Global Finance is integral to HSBC’s purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals’ partner with the business to provide trusted insights and forward-looking analysis; accuracy; efficiency and control to frame and influence business decisions.

We are currently seeking a high caliber professional to join our team as a Manager, Financial Reporting.

**Job Overview**:
Financial Reporting team is responsible for managing Reporting Developments, performing consolidation, and preparing and publishing of financial statements for external Stakeholders including regulatory authorities. The team is responsible for end-to-end ownership of key deliverables such as Preparation and analysis of consolidated Financial Statements, review and implementation of any change in financial disclosures, coordination with senior stakeholders at regional and group level to obtain Sign-off from stakeholders, delivery of Board papers and involvement in accounting policy matters.

The incumbent will be responsible for managing the Financial Reporting operations (IFRS and FINREP) for MENAT. The role will be a key support to the Head of Financial Reporting MENAT in managing the delivery as well playing active role in various transformation projects and ensuring the strong control framework for HBME Financial reporting team.

**Duties & Responsibilities**:

- Interpreting new regulatory financial reporting requirements in partnership with the Global reporting developments, design and policy teams, and implement processes necessary to deliver.
- Perform analytical review (in line with IFRS and FINREP) and provide assurance on the quality and accuracy of data to be used for preparation and publication of Financial Statements and associated disclosures. The process involves performing detailed review and analysis, and logical checks to ensure there is reasonableness and consistency in data submissions, as also to identify any material errors and omissions.
- Liaising with internal and external stakeholders, such as Business Finance Heads, Financial Controller, the auditors, Tax, Finance teams, Legal, HR, Company Secretary.
- Preparing and finalization of Board papers before finalization by Head of Financial Reporting.
- End to end accountability for Financial Reporting production of assigned processes and review with senior management.
- Leading the Annual Report and Accounts production processes for assigned entities within the region including obtaining sign-offs from stakeholders and clearance from external auditors.
- Managing the audit process for financial statements through coordination with audit team and senior managers. Monitoring any audit issues arising and managing process for resolution providing support and guidance to Finance teams for the resolution of issues or escalation for technical guidance.
- Managing/preparing specific documentation required by Auditors for completion of their audit work e.g. Going concern assessments, impairment assessments, Letters of Support, management representation letter etc.
- Own the Reporting issues and drive the closure with stakeholders.
- Instructing, guiding and managing the team members in offshore locations for efficient production.
- Strong control environment (including SoX controls) and process governance to ensure regulatory demands are met and appropriate documentation is maintained.
- Deliver on the standardisation and simplification initiatives through process synergies and realisation of cost saves through process re-engineering.
- The role holder will support the production of existing and designing new financial reporting information requirements and disclosures (ensuring best practice and compliance with listing requirements and regulatory standards).
- Understand the consolidation mechanism of complex and granular financial information required for IFRS and FINREP reporting Purposes.
- Identify opportunities to increase efficiency and consistent of process
- To be flexible with duties to manage the peaks in the process.
- Respond to queries from senior level management and auditors as required.
Requirements**Experience & Qualifications**:

- Graduation degree is REQUIRED- to secure a UAE Visa and Work Permit
- A qualified Chartered Accountant with evidential post-qualification 10+ years’ work experience in accounting/financial reporting and global consolidation.
- Proficient with the understanding of IFRS.
- Person should have good understanding on consolidation of accounts.
- Ability