Job Title

Senior Consultant Ledger SME (Subject Matter Expert) GCB 3-Finance Transformation

Role Purpose

The Ledger SME is accountable for providing deep functional and process expertise across ledger, accounting, and financial close capabilities. The role partners with Finance, Technology, Operations, Risk and Change teams to ensure ledger solutions are controlled, compliant, scalable, and fit for purpose, supporting regulatory and management reporting needs across HSBC.

Key Accountabilities

Ledger Accounting SME Leadership

- Act as the senior SME for General Ledger and sub-ledger integration (Oracle Fusion) , accounting rules, posting logic, and reconciliation design.
- Own and maintain ledger process maps , accounting treatment documentation, and end-to-end data lineage from source to GL.
- Provide authoritative guidance on accounting impacts of product/process changes (e.g., new booking models, new feeds, new legal entity requirements).

Change Delivery Solution Design

- Lead functional input into target operating model and target ledger architecture (including controls and governance).
- Translate Finance requirements into functional specifications, ensuring traceability from requirement design test sign-off.
- Partner with Technology to shape solution options, assess trade-offs, and ensure designs meet non-functional requirements (resilience, performance, auditability).

Controls, Reconciliations Close

- Define and strengthen ledger controls: completeness, accuracy, timeliness, segregation of duties, and audit trails.
- Drive improvements to reconciliations (sub-ledger to GL, intercompany, suspense, breaks management) and close efficiency.
- Support Finance in ensuring robust period-end close processes and operational readiness for change releases.

Regulatory, Risk Governance





- Ensure solutions align with relevant accounting standards and regulatory expectations (e.g., IFRS, local GAAP where applicable).
- Support internal/external audit, model risk, and operational risk reviews by providing evidence, walkthroughs, and remediation plans.
- Contribute to governance forums (design authority, change control, risk acceptance) and ensure appropriate approvals are obtained.

Stakeholder Management Leadership

- Build strong partnerships with senior stakeholders across Finance and Technology; influence decisions through data and clear recommendations.
- Mentor analysts/VPs, uplift ledger domain capability, and promote consistent standards across programmes.
- Manage dependencies across multiple workstreams and ensure delivery remains aligned to strategic outcomes.

Decision Making / Authority

- Sign-off (or provide formal recommendation) on ledger functional design, accounting treatment documentation, and test outcomes.
- Escalate material risks/issues impacting financial integrity, reporting, or control environment.
- Approve functional readiness for release and cutover from a ledger/accounting perspective (as per programme governance).

Key Interfaces

- Group Finance / Business Finance / Financial Control
- Technology (Engineering, Architecture, Data, QA)
- Operations / Middle Office / Product Control (where relevant)
- Risk Compliance, Internal Audit, External Audit
- Change/Transformation and PMO

Skills Experience (Essential)

- Robust experience in ledger/finance change within a large bank (GL, sub-ledgers,



accounting rules, reconciliations, close).
- Proven ability to lead end-to-end functional design and delivery across complex data flows and multiple source systems.
- Strong understanding of financial controls, audit requirements, and operational risk in a regulated environment.
- Excellent stakeholder management; able to influence at senior levels and communicate complex topics clearly.
- Experience with testing (SIT/UAT), including defining test strategy, test scenarios, and supporting defect triage.

Skills Experience (Desirable)

- Exposure to IFRS/GAAP topics relevant to banking products (e.g., accruals, fees, hedging, impairments).
- Experience with ledger platforms and integration patterns (e.g., SAP/Oracle GL, Murex/Calypso accounting feeds, ETL/data lakes).
- Knowledge of data governance, lineage, and reporting controls.
- Experience in large-scale transformation programmes (multi-entity, multi-country).
- 15-20 years of experience

Location: Gurgaon, Bangalore, Hyderabad, Chennai, Pune

Qualifications

- Qualified accountant (ACA/ACCA/CIMA or equivalent) preferred, or equivalent relevant experience.
- Relevant change/Agile qualifications are beneficial (e.g., SAFe/Agile, PMP), but not mandatory.

Success Measures (Examples)

- Reduction in reconciliation breaks and manual adjustments.
- Improved close timeliness and stability (fewer high-severity incidents).
- Audit/regulatory findings reduced; strong evidence and control design.
- Delivery of ledger change outcomes on time with clear traceability and governance.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Ledger SME (Karnataka)
🏢 IBU Consulting
📍 Karnataka