JOB DETAILS

Assistant Vice President - IFRS17

CompanyHSBC
LocationChennai
Work ModeOn Site
PostedMay 8, 2026
About The Company
Opening up a world of opportunity for our customers, investors, ourselves and the planet. We're a financial services organisation that serves more than 40 million customers, ranging from individual savers and investors to some of the world’s biggest companies and governments. Our network covers 58 countries and territories, and we’re here to use our unique expertise, capabilities, breadth and perspectives to open up a world of opportunity for our customers. HSBC is listed on the London, Hong Kong, New York, and Bermuda stock exchanges. To view our social media terms and conditions please visit the following webpage: http://www.hsbc.com/social-TandCs
About the Role

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. 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. 

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions. 

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - IFRS17

In this role, you will:

  • Should be having understanding of concepts of IFRS 9, IFRS17 reporting, Accounting Cashflows, disclosures
  • Should be a subject matter expert on preparation of Entity Financial Control Activities – Ledger Close, Cost Analysis, SARACEN Primary and Supplementary Financials, Analytical Reviews, Balance Sheet Reconciliations and Substantiation
  • Should have in-depth knowledge around preparation and review of the schedules and financial results for Insurance entity
  • Should be able to comprehend and implement the controls and procedures in regard to Financial Control processes
  • Having good understanding on related control environment (SOX as well as Non SOX) and making sure accounting and reporting process works as per design
  • Should be able to provide guidance to insurance operations and product development team in regard to procedures and their implications. Should have good perspective of system changes and its implications
  • Should be capable of picking new projects/assignments / process : Identify, Drive, Build & operate it as BAU
  • Should be good in Excel / MS Access
  • Identify opportunities for process re-engineering / improvement and drive changes independently

To be successful you will:

  • Qualified CA / CWA/ MBA Finance with at least 10+ years of post-qualification experience in accounting
  • Past experience of working in insurance companies, consultancy or organization of repute will be an advantage.
  • Ability to bring analytical rigour, structure and solution to problematic areas.
  • Very good working knowledge of Microsoft Office is essential.
  • Is expected to have strong technical understanding of accounting principles and demonstrated competence in their application.
  • Ability in Business Reporting and Analysis
  • Provide strategic direction and manage Business Partner relationships.
  • Stretch Hours at month end is normal practice , candidate should be flexible to work in any time zone, should have handled large database and have proficiency in excel.

 

You’ll achieve more when you join HSBC.

 

www.hsbc.com/careers

 

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”

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 HSBC Electronic Data Processing (India) Private LTD***

 

Key Skills
IFRS 17IFRS 9Financial ControlLedger CloseBalance Sheet ReconciliationSOX ComplianceInsurance AccountingBusiness ReportingAnalytical ReviewExcelMS AccessProcess Re-engineeringFinancial AnalysisStrategic DirectionStakeholder ManagementCost Analysis
Categories
Finance & AccountingManagement & LeadershipConsulting
Benefits
Professional DevelopmentFlexible Working
Job Information
📋Core Responsibilities
Manage entity financial control activities including ledger close, balance sheet reconciliations, and IFRS 17 reporting. Provide strategic guidance to insurance operations and drive process improvements to enhance business reporting and analysis.
📋Job Type
full time
📊Experience Level
10+
💼Company Size
196426
📊Visa Sponsorship
No
💼Language
English
🏢Working Hours
40 hours
Apply Now →

You'll be redirected to
the company's application page