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HSBC is one of the largest banking and financial services organizations 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 realize their ambitions.
We are currently seeking an experienced professional to join our team in the role of Assistant Vice President, Financial Accounting, Insurance
Purpose of the role
Lead HK Insurance finance control under IFRS 17 by delivering a timely and accurate month-end close (Solo & Consolidated), assuring end-to-end ledger completeness and balance sheet substantiation,
and maintaining a robust control environment—including proactive governance of IFRS 17 SJE mapping rules to ensure postings align with expected accounting outcomes and are corrected quickly where required. Drive continuous improvement, automation, and accounting change delivery.
In this role, you will:
• Lead the IFRS 17 accounting process for HK insurance entities, ensuring timely and accurate month-end close (Solo & Consolidated). Own and perform regular review of IFRS 17 Standard Journal Entries (SJEs) and the underlying mapping rules (posting logic from source data/sub-ledgers to the IFRS 17/GL outcomes). Assess whether mapping rules align to expected accounting outcomes (e.g., correct P&L; vs Balance Sheet classification, CSM/LIC/LRC movements, liability vs asset presentation, cohort/portfolio attribution, and reporting dimensions).
• Perform root-cause analysis where results don’t align (e.g., mis-mapping, missing drivers, incorrect account assignment, interface breaks, or rule design gaps)
📌 Assistant Vice President (Gurugram)
🏢 HSBC
📍 Gurugram