Job Description

If you’re looking for a career where you can make a real impression, join our Global Service Center HSBC and discover how valued you’ll be.

We are currently seeking an experienced professional to join our team in the role of

Manager Cost Management

Role purpose:

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.

In the Strategic Cost Management (SCM) function we provide accurate, relevant, and effective management information (MI), help stakeholders understand tactical and strategic options, make tangible recommendations, and provide analysis to influence and support business decisions. Business partnering is a crucial element.

The Cost Management Manager will be responsible for oversight of the Total Operating Expenses (direct, indirect and intercompany) for the entities in the Americas region, encompassing being a trusted business partner the Global Functions (Finance, HR, Risk & Compliance, Technology, Corporate Services) and liaising with the Businesses CFOs to provide insightful information and informed decision-making. This role requires a strategic mindset, financial acumen, and the ability to work cross-functionally in a complex, international environment.

The role holder will also have significant exposure to senior management within Americas markets, regional Finance and Global ServCo management; as such, the jobholder will require a level of gravitas and credibility. The role also includes supporting ICO accounting, invoicing, aged debt management and ICO breaks management.

The successful candidate will be located in Mexico.

Main activities:

• Contribute to the design and execution of medium- and long-term cost strategies aligned with the bank’s business objectives.
• Conduct in-depth cost analysis to identify savings opportunities, cost drivers, and areas for efficiency improvements.
• Work closely with Function partners to add value on emerging priorities for the Function
• Understand Entity and Businesses / Functions requirements and interpret data to provide analysis driving decision-making
• Support Forecast, Target changes, Budgeting and FRP at functional, entity and regional level. Requires good understanding of: 1) Finance Structure 2) Analytical Skills 3) Commentary writing, 4) Relationship; and 5) Senior stakeholder management
• Ensure integrity and management of data submission
• Driving standardization of process, where required, across the region
• Involvement in special projects as required
• Prepare executive-level presentations and dashboards on cost performance, risks, and opportunities.

Stakeholder Management

• Work closely with Business heads, Finance, Procurement, HR, Global Operations, and Technology among other teams to ensure work stream scope and timelines are fully understood and syndicated.
• Develop effective relationships with key stakeholders across Global Functions, Accounting & GFOC teams, clearly identifying required inputs and timeline.
• Balance demands and requests from different stakeholders against limited available resources.
• Successfully engage in, and prioritize, work on multiple initiatives simultaneously.

Knowledge & Experience

• Experience operating in a complex financial services organization (banking preferred)
• Execution orientated: proactive escalation of issues whilst maintaining solution-focused and flexible approach
• Experience interacting with senior stakeholders with varying degrees of financial literacy
• Agile, change mindset, dynamic and inquisitive / curious approach to work
• Sound judgment, decision making and problem-solving abilities
• Strong influencing, interpersonal, negotiation and conflict resolution abilities
• Languages Fluent in Spanish and English is a must

You’ll achieve more when you join HSBC!

At HSBC we offer our colleagues a greater number of days so that they can fully enjoy their wedding, take care of the new member of the family, or grieve the loss of a family member. Our paid leave package is at the forefront in Mexico, now you have one more reason to be HSBC and proudly live a culture of well-being, balance and care

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

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.

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Novel Coronavirus (2019-nCoV), we’re leveraging our digital capabilities to ensure we can continue to recruit top talent at the GSC HSBC Group. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our Resourcing colleagues will explain how our video-interviewing technology will be used throughout the recruitment process and will be on hand to answer any questions you might have.

***Issued by HSBC Electronic Data Processing (México) Private LTD***