Posted on July 5, 2023 by InternPlug

  • Other
  • 1 Vacancy

Job Description

Job description

Business: Finance

Open positions: 1

Role Title: Interns

Global Career Band: 8

Location: Gurgaon

Recruiter Name:

Why join us?

Some Careers grow faster than others.

If you’re looking for further opportunities to develop your career, take the next step in fulfilling your potential right here at HSBC.

Global Finance Operation Centre

Our GFOC are an integral part of Global Operations. Employees based there manage day-to-day customer transactions and processes for the global businesses. This may include transactions for our retail bank such as processing loans, credit cards, insurance and mortgage applications, opening new accounts, and managing customer enquiries through contact centers and digital platforms.

Employees in the GFOC also run and manage operations for commercial bank customers. This includes processing credit applications, facilitating payments and managing the import and export transactions that enable customers to protect and grow their businesses through international trade.

Role Purpose:

Global Finance Operation Centre provides a variety of financial support services to business partners across the HSBC Group. Canada OA Team requires an Intern – Finance Operations who will be taking care Period end accounting Process and Reporting team requirements to ensure timely production as per PLA. Role also includes establishing and maintaining the new accounting requirements besides maintaining effective relationship with various stakeholders.

The Opportunity:

We are currently seeking an ambitious individual to join this team in the role Intern – Finance Operation, GSC’s. In this role, you will:

The processes involve accounting, reconciliation, consolidation & reporting work, requiring sound understanding of IFRS provisions. The role also envisages review, preparation and consolidation of financial statements. Professional would be an individual contributor and working on high end systems and various accounting software applications, to deliver accounting, reconciliation & reporting.

What you’ll do:

  • Knowledge of consolidation of financial statement
  • Responsible for preparation of various period end accounting journals during month and on month ends.
  • Has strong technical understanding of accounting principles and demonstrated competence in their application.
  • Review all the activities before submitting for approval and ensure quality.
  • Responsible to prepare elimination matrix of all intra company transactions
  • Responsible for chasing Inter-Company variances and clear the same within the timelines and publishing the commentary for the noted variances.
  • Responsible for month end balance sheet reconciliation and signoff in Cadency
  • Supporting HBCA Reporting team in preparation of FINREP/IFRS reporting schedules for monthly submissions.
  • Acquire understanding and handle processes using process methodology as applicable
  • Issues/Problems are investigated and resolved or escalated appropriately
  • Achieve established Performance Level Agreements (PLA’s)
  • Effective communication and build relationship with Business Partners
  • Working within a fast moving and demanding environment with significant reporting changes and strict timelines.
  • Liaise with In-country counterparts on report requirement and developing reports within the timelines agreed
  • Ensure integrity and management of data submission
  • Ensure compliance with HSBC standards and statutory requirements

What you will need to succeed in the role:

Qualification – CA Trainees or Industrial Trainees.

  • Knowledge of Accounts & Finance and affinity for numbers
  • Independent, able to work under pressure and handle multiple tasks with excellent communication and interpersonal skills
  • High level of analytical skills and ability to grasp complicated functions in short period of time and transfer knowledge appropriately
  • Ability to manage customer relationship with multiple business partners
  • Orientation towards Quality (Six Sigma/Lean methodology) and technical bent of mind
  • High proficiency in MS Office (Excel, Word, Access, PowerPoint, etc.)
  • Strong time management skills and ability to work under pressure with challenging deadlines
  • Self-motivated and good team player

What additional skills will be good to have?

  • The Company reserves the right to change any terms and conditions related to employment, mentioned in the Offer Letter and the Rules and Regulations governing the conduct of the employee in the Company. Such change would be intimated by the Company through an internal communication to the employees at large.
  • Right to work is required. Local employment rulings and restrictions will

Advertised until:
Aug. 4, 2023

Are you Qualified for this Internship Role?

Share with Friends!

Similar Internships

2024 Corporate & Investment Bank - Global Corporate Banking Analyst Program - Summer Internship - Johannesburg

JOB DESCRIPTION 2024 Corporate & Investment Bank - Global Corporate Banking Analyst Program…

Software Developer Internship

Job Locations US-CA-Santa Rosa Job Number …

Data science internship

Base Pay Range: $0.00 - $0.00 Primary Location: USA-CA-Milpitas-KLA KLA’s total rewards packa…

Vertex Summer Internship, Research (Boston, MA)

Job Description The Vertex Internship Program offers students the opportunity to learn …

Analytics Leadership Development Program Summer Internship

By clicking the “Apply” button, I understand that my employment application process with Takeda w…

Sustainability Internship

Our R&D Team is looking for a Sustainability Intern for the Summer of 2024! All interns…

Internships by Category

View all

Internships by Location

View all