HSBC China

Head of Financial Planning & Analysis, HSBC Life

Recruiter
HSBC China
Location
Kowloon City, China
Salary
Competitive salary
Posted
22 Nov 2024
Closes
22 Dec 2024
Ref
0000KOPL
Approved employers
Approved employer
Experience level
Director
Some careers grow faster than others.

If you're looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with 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.

Global Finance is integral to HSBC's purpose and strategy, playing a valued role in managing costs and deploying capital in the most effective way. Our global team of finance professionals partner with the business to provide trusted insights and forward looking analysis; accuracy; efficiency and control to frame and influence business decisions.

We are currently seeking a high caliber professional to join our team as Head of Financial Planning & Analysis, HSBC Life.

The Head of FP&A is a pivotal business and finance leadership role, focused on strategic business partnering, delivering incisive financial advice, and driving exceptional business performance. This role serves as a critical enabler of decision-making and value creation across HSBC Life.
  • Provide Financial Leadership: Deliver financial stewardship, controllership, governance, and oversight to ensure robust financial performance. Play a key role in shaping business strategy through incisive analysis and actionable performance insights
  • Lead Business Partnering and Management Information: Spearhead the continuous development of HSBC Life's Business Partnering and Management Information framework, driving alignment with business objectives and strategic priorities
  • Drive Business Performance: Support HSBC Life in making informed, data-driven decisions through insightful performance analytics, identifying risks and opportunities, and providing commercial finance support (e.g., pricing, competitive analysis, client/product profitability, and portfolio management)
  • Optimise Resource Allocation: Ensure the effective allocation of resources, including balance sheet growth, strategic investment decisions, and budget allocation, to maximize shareholder returns and business growth
  • Focus on Strategic Insights: Act as a strategic advisor to senior leadership, providing forward-looking insights and recommendations that drive profitable growth and long-term value creation
  • Own Strategic Planning Processes: Lead the business's strategic planning and forecasting processes, including target setting, financial projections, Financial Resource Planning (FRP), and investor relations, ensuring alignment with overall corporate strategy
  • Enhance MI Frameworks: Simplify, develop, and refine the MI framework in alignment with Group Finance's MI Strategy, ensuring timely, accurate, and comprehensive reporting of financial and non-financial performance indicators
  • Embed ESG in Financial Planning: Integrate Environmental, Social, and Governance (ESG) principles into financial planning and reporting, aligning with HSBC Life's sustainability objectives
  • Champion Change and Transformation: Act as a change agent, driving transformation and embracing innovation during times of significant business and functional change
  • Cultivate a High-Performance Culture: Drive accountability, ownership, and collaboration across the FP&A team, empowering them to operate as a trusted business partner
  • Manage a High-Performing Team: Oversee a large team of finance professionals across multiple locations, leveraging a location strategy that supports regional and global priorities while fostering a culture of collaboration, innovation, and excellence
  • Coach and Develop Talent: Mentor sub-team leaders, provide regular feedback, and serve as a key escalation point for managing risks and issues, ensuring the development of a strong leadership pipeline
  • Foster Stakeholder Relationships: Cultivate and manage strong relationships with key internal and external stakeholders. Represent the FP&A function in governance forums and strategic discussions
  • Enhance Cross-Functional Collaboration: Partner with actuarial, risk, and investment teams to deliver integrated solutions that align with risk appetite, investment strategies, and business goals
Requirements

Requirements
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field
  • Strong experience in financial planning and analysis within the insurance industry is essential
  • Proven track record of delivering high-quality output for senior executives and buy-in from key stakeholders
  • Solid experience working with globally dispersed teams and stakeholders
  • Deep understanding of Insurance, products, IFRS17, and key frameworks (e.g., Risk-Based Capital) is mandatory
  • Knowledge and experience with change management would be an advantage
  • Background in financial services with a proven track record of driving excellence, delivering high quality output, and promoting a culture of 'challenge'
You'll achieve more when you join HSBC.
http://www.hsbc.com/careers

HSBC is 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. 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 The Hongkong and Shanghai Banking Corporation Limited

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