LEAD- HR Services

JD- Finance and Reporting:

Finance team at Societe Generale London Branch in the UK is responsible for the financial management, oversight, production, and reporting. Working within a team that oversees the regulatory and financial framework for a branch of one of Europe’s leading financial services groups.

Reporting to SGLB Financial Reporting and Compensation Manager, the role covers a wide range of activities and processes in support of the SGLB’s financial reporting. This will include liaising with offshore teams who produce the financial and regulatory accounts for SGLB.  The role also ensures that the SGLB accounting processes are correctly managed and well controlled. There will be a specific responsibility for compensation benefits. The finance team in the UK provides accounting and reporting services to the Group for SG’s banking and investment entities in the UK: SG London Branch, SG Investments Ltd (ex-Newedge) and EMEA GBIS entities for some specific processes such as Fidelity Bonus.

Responsibility Summary :

·       Supervise the booking of short- and long-term bonuses and the related hedges in the UK and other EU (non Paris) locations in coordination with SG Paris.

·       Assisting the onshore manager in the supervision of the group and regulatory reports

·       Provision of bonus information to offshore accounting teams, local CFOs, tax specialists and Paris including tailor made reports.

·       Liaising with the management accounting team to ensure the bonus accounting is correctly booked.

·       Reconciliation and substantiation of accounts.

·       Automating and enhancing controls on the accounting processes.

·       Suggesting and implementing technical solutions to improve operational efficiency and accuracy

·       Ensure appropriate levels of documentation of key processes are established and maintained.

·       Management of foreign currency hedging.

·       Participating in offshore governance calls and monitoring of fixed assets reports and reconciliations

·       There will be no direct reports for this role. All responsibilities will need to be carried out by the job holder.

The job holder should be proficient in their duties and have good communications. The job holder will not be able to authorise or make decisions on their own, they would require the support and validation of their manager.

·       Familiarity with the accounting rules for bonus schemes and compensation accounting alongside general accounting and reporting experience within financial services.

·       Curiosity with the ability to understand and leverage on new data management tools to drive operational efficiencies.

·       Attention to detail.

·       Proficient oral and written communication skills

·       Proactive and problem-solving attitude.

·       Good organisational skills with the ability to manage competing priorities.

·       Team Player with an emphasis on collaboration.

·       Trust worthiness and ethical

·       Flexibility, with the ability to adapt to a fast paced and constantly changing environment

Work Experience:

·       Experience working for an investment bank (onshore or offshore – open to international mobility)

·       Experience working within HR accounting or finance functions

·       Familiar with compensation benefits and booking operations, in particular, complex bonus schemes.

·       Familiar with FX management

·       Familiarity with general accounting rules and principals

·       Familiar with working in a team environment

·       Familiar with working within tight time constraints and deadlines

·       Familiar with working in a control based environment

·       Medium excel and analytical skills required

Qualified with an Accounting qualification or unqualified but studying or prepared to study towards an accounting qualification.

Languages:

·       Fluent English – pre-requisite

·       Any other beneficial languages to enable better communication with the head office and or offshored centres would be advantageous but not a pre-requisite

eg. French, Hindi (or any other Indian language) or Romanian.

Requirement:

Shift: UK work timings (1:00PM - 10PM)

Location: Bangalore

Career Level: Consultant Expert

Summary :

·       Supervise the booking of short- and long-term bonuses and the related hedges in the UK and other EU (non Paris) locations in coordination with SG Paris.

·       Assisting the onshore manager in the supervision of the group and regulatory reports

·       Provision of bonus information to offshore accounting teams, local CFOs, tax specialists and Paris including tailor made reports.

·       Liaising with the management accounting team to ensure the bonus accounting is correctly booked.

·       Reconciliation and substantiation of accounts.

·       Automating and enhancing controls on the accounting processes.

·       Suggesting and implementing technical solutions to improve operational efficiency and accuracy

·       Ensure appropriate levels of documentation of key processes are established and maintained.

·       Management of foreign currency hedging.

·       Participating in offshore governance calls and monitoring of fixed assets reports and reconciliations

·       There will be no direct reports for this role. All responsibilities will need to be carried out by the job holder.

The job holder should be proficient in their duties and have good communications. The job holder will not be able to authorise or make decisions on their own, they would require the support and validation of their manager.

·       Familiarity with the accounting rules for bonus schemes and compensation accounting alongside general accounting and reporting experience within financial services.

·       Curiosity with the ability to understand and leverage on new data management tools to drive operational efficiencies.

·       Attention to detail.

·       Proficient oral and written communication skills

·       Proactive and problem-solving attitude.

·       Good organisational skills with the ability to manage competing priorities.

·       Team Player with an emphasis on collaboration.

·       Trust worthiness and ethical

·       Flexibility, with the ability to adapt to a fast paced and constantly changing environment

Work Experience:

·       Experience working for an investment bank (onshore or offshore – open to international mobility)

·       Experience working within HR accounting or finance functions

·       Familiar with compensation benefits and booking operations, in particular, complex bonus schemes.

·       Familiar with FX management

·       Familiarity with general accounting rules and principals

·       Familiar with working in a team environment

·       Familiar with working within tight time constraints and deadlines

·       Familiar with working in a control based environment

·       Medium excel and analytical skills required

English:

Qualified with an Accounting qualification or unqualified but studying or prepared to study towards an accounting qualification.

Languages:

·       Fluent English – pre-requisite

·       Any other beneficial languages to enable better communication with the head office and or offshored centres would be advantageous but not a pre-requisite

eg. French, Hindi (or any other Indian language) or Romanian.

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

We are committed to support accelerating our Group’s ESG strategy by implementing ESG principles in all our activities and policies. They are translated in our business activity (ESG assessment, reporting, project management or IT activities), our work environment and in our responsible practices for environment protection.