Job Title: VP - Headcount Management
Location- Chennai and Gurgaon
Purpose of the role
- Business Performance and Financials: The role holder will operate as a business partner for costs, providing monthly analysis and insights to Finance members and their directs. Furthermore, the role holder will support in managing relationships with Global teams and other stakeholders to provide insight and a view of cost efficiency plans by delivering essential management information on the function's cost performance as well as projections for the monthly forecast and annual planning cycles. This includes support in aligning headcount plans to the future organizational shape and impact of the strategic change agenda, and coordination of acceptance, review, and challenge of intercompany recharges from other group entities. Effectively manage key relationships with senior stakeholders, including Co members, Chief Operating Officers others.
- Head Count Management: The role holder will be responsible for workforce plans and all aspects of their execution for respective OpCo area. This includes but is not limited to maintaining relevant trackers, regularly updating headcount plans, running set and ad-hoc MI, maintaining data quality across open positions, hiring queues, global roles, organizational charts, headcount linkage to costs and other aspects of headcount management. The role holder is expected to build relationships with key stakeholders within and outside to help influence outcomes, collaborate across and outside the function to ensure an effective operating model is fostered, aka ownership and delivers outcomes in a manner that considers impact to key stakeholders.
- Role holder will analyse and review processes, identifying automation and simplification opportunities and drive continuous improvement agenda.
- Role holder will have end to end process ownership of COO Centre Of Excellence activities for assigned OpCo areas.
In This Role, You Will
- Delivering essential management information on the function's cost performance as well as projections for the monthly forecast and annual planning cycles. Includes monthly Actuals reporting and month-end readiness activities such as accruals and invoice management, professional fees monitoring and adjustment journal preparation.
- Aligning headcount plans to the future organisational shape and impact of the strategic change agenda. This includes headcount/roles monitoring and reporting in support of the regional/functional COO team's oversight on capacity management and efficiency saves.
- Supporting the regional/functional COO in providing management information and data analysis on the function's cost base, including key statistical data metrics on headcount movements, open positions, diversity, span of control and snapshot survey actions amongst others. This also relates to support for governance and MI packs as required for Cheif Operating Office, Finance Partner for and Chief Financial Officers committees as required.
- Ownership of the implementation of the agreed and optimized cost management structure, including but not limited to cost center management and systems structures, and ownership of corrections and cost re-classifications, if any
- Continuously look at ways to simplify the forecast, budgeting and processes that help facilitate a more efficient Group forecasting process. Act as a Catalyst for Change.
- Identification of process improvements and measurable efficiencies through centralization and standardisation of processes.
- Ownership of regular reporting, delivery service or recharging tasks that are required to ensure expected operations continue as expected.
- Anticipate and address issues and concerns from stakeholders, resolve them in an effective manner.
- Establish an effective and robust communication channel with multiple stakeholders to ensure timely flow of information and continuous feedback mechanism.
- Engage with stakeholders through fact-based conversations, building strong relationships and providing challenge, where appropriate.
- The role is essential to the improvement of the cohesion of the sub-function across the regions and other FS&GEC areas. The diverse responsibilities spanning across two major areas of robust financial management and proactive organisational support for the function, require that the role holder is highly efficient and conscientious in dealing with both highly confidential and commercially sensitive information with discretion.
- Furthermore, there is a global network of functional/regional COOs who will form a virtual team to support change and provide guidance and best practice internally.
To Be Successful You Will
- An excellent level of financial management , Financial planning and Analysis, Budgeting, Cost Management, Headcount planning,and business analysis experience requiring strong technical and commercial understanding of what drives the numbers reported with15-20yrs of experience
- Proven relationship management and team engagement skills, with the ability to deal with all senior/junior levels within a global organisation.
- Exceptional drive and commitment which includes the ability to work and thrive in a fast changing, results driven environment and handle competing priorities.
- Good understanding of the Group's strategy and is commercially minded and customer focused.
- Experience of running an annual planning process would be an advantage.
- Experience in cost management and analytics would be an advantage.
- Excellent systems skills (including use of TM1, Excel, Word, PowerPoint)
Hsbc.Com/Careers
You'll achieve more at HSBC
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.
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