Company: HSBC
Location: Egypt
Employment Type: Full-time
Description:
Job description
Role Purpose:
Play a key role in supporting the bank’s financial planning and decision-making processes. This role involves creating, maintaining, and updating financial models, as well as preparing and revising financial presentations and working files, ensures adherence to Group requirements and policies to achieve the financial goals as set in a sustainable and compliant manner.
Principal Accountabilities: Key activities and decision making areas:
Impact on the Business/Function:
• Deliver the required HBEG Financial Information aligned to Group/Region policies ensuring real insight and robust information are provided to Business Leaders.
• Monitor Business’ Performance and ensures it is aligned within targets. Improve quality of internal Reporting. Ensuring clarity/ transparency for all P&L/BS components and drivers
• Providing in depth analysis on HBEG’s Financials against peers in local Market externally & internally its performance against Region & Group
•… Develop and maintain complex financial models to support budgeting, forecasting, and long-term financial planning.
• Perform scenario analysis and sensitivity analysis to assess the impact of different business strategies.
• Ensure that models are accurate, up-to-date, and aligned with the bank’s financial goals.
Customers / Stakeholders:
• Delivering the required analysis for Peer Banks to stay abreast with the market situation and protect the banks market share.
• Delivering Financial support to Global Business.
• Analyze financial performance against forecasts, budgets, and prior periods to identify trends and variances.
• Provide insights and recommendations to support strategic decision-making.
• Assist in the preparation of monthly, quarterly, and annual financial reports.
• Maintain and organize working files related to financial planning and analysis.
• Ensure that all financial data is accurate, consistent, and easily accessible.
• Continuously improve the efficiency and effectiveness of working files and processes.
• Work closely with other members of the finance team, as well as departments such as accounting, treasury, and risk management.
• Communicate findings and recommendations clearly to both financial and non-financial stakeholders.
Operational Effectiveness & Control:
• Adhere to the finance policies set by the Group/Region and ensure adherence to internal and external policies, procedures and regulations.
• Identify Finance issues, provide recommendations and coordinate with internal auditors on issues and sign-offs.
• Managing over all regulatory and compliance related matters and the management of operational risk.
Management of Risk:
• The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.
• This will be achieved by ensuring all actions take account of the likelihood of operational risk occurring.
• Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.
Observation of Internal Controls:
• The jobholder will also adhere to and be able to demonstrate adherence to internal controls. This will be achieved by adherence to all relevant procedures, keeping appropriate records and, where appropriate, by the timely implementation of internal and external audit points, including issues raised by external regulators.
• The jobholder will implement the Group compliance policy by containing compliance risk in liaison with Global Head of Compliance, Global Compliance Officer, Area Compliance Officer or Local Compliance Officer. The term ‘compliance’ embraces all relevant financial services laws, rules and codes with which the business has to comply
• This will be achieved by adhering to all relevant processes/procedures and by liaising with Compliance department about new business initiatives at the earliest opportunity. Also and when applicable, by ensuring adequate resources are in place and training is provided, fostering a compliance culture and optimising relations with regulators.
Requirements
Knowledge & Experience / Qualifications:
• Through a degree in Business, Economics, Finance or Accounting and a minimum of 7 years working experience in the financial services sector or a minimum of 5 years’ experience in at least one of two sectors of Corporate and Finance / Treasury.
• Advanced Excel skills, including experience with financial modeling, and macros/VBA with ability to automate tasks and create custom functions.
• Database management (Power BI, SQL, Microsoft Access, Microsoft PowerPoint)
• Knowledge of banking and financial reporting systems architecture and key functionalities.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent communication and presentation skills.
• Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
• Detailed working knowledge of external financial and statutory reporting requirements.
• Sound knowledge of accounting and management information systems.
• Past experience in the preparation of Financial Planning and forecasting or business proposals in addition to strategic finance/M&A.
• Ability to understand Business requirements and good product knowledge across all Business streams is required to ensure that the Management Information is delivered as required.
• Ability to professionally and effectively present information and respond to questions.
• Experience and understanding of the impact and effectiveness of different communication channels.
• Proven track record in the development and implementation of effective business report formats.
• Project management skills
Source: Indeed
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