Strategic Financial Analysis Associate

Permanent contract|Hong Kong|Corporate Finance / Accounting

Strategic Financial Analysis Associate

Hong Kong, Hong Kong Permanent contract Corporate Finance / Accounting

Responsibilities

Responsibilities :

Associate Level position within a team of 3.

I.    Analysis & Advisory: Financial and strategic steering of the APAC region

  • Responsible for the deliverables related to the strategic and financial performance steering of the Asia Business Unit for Senior Management of the Region and the Group. This task is performed in close cooperation with the Business & Support Function finance controllers in Hong Kong and the offshore service center.
  • Prepare monthly, quarterly and annual financial management reporting including gap analysis 
  • Analyze key P&L revenues/expenses drivers, areas for growth and synergies across the Business Lines and the Support Functions
  • Provide financial data, trend reporting and analysis.
  • Participate in transversal exercises such as annual budgeting, strategic reviews, financial modelling of GBIS Asia financial trajectory and benchmark/competition analysis.
  • Production of country/entity level reports to help CFOs and local senior management to steer their performance
  • Participate in ad-hoc business/financial studies (e.g. profitability analysis, normalized profit, cost allocation, etc.) on behalf of DFIN/ASI/DIR
  • Develop in-depth understanding of transversal processes and information systems related to financial management and become a recognized point of contact.

II.    Projects: Digital transformation and processes optimization

  • Take the lead on small projects to add value to the end users of our analysis
  • Continuous enhancement of transversal deliverables (e.g. regional or country performance analysis) adapting to the evolution of the regional governance and/or business needs
  • Act as expert to continuously improve existing deliverables with solutions including digitalization, Automation, off-shoring, and to follow-up its implementation with global DFIN teams
  • Participate in the implementation of Digital Dashboards.

This position represents a great opportunity to develop an in-depth understanding of the bank’s businesses and organization. Through the numerous interactions with the management of DFIN and business partners, the incumbent will steadily gain visibility across the board.

Profile required

Profile Requirements:

  • Bachelor or master’s Degree in Finance
  • Approx. 3-5 years’ relevant working experience in Finance/Banking industry
  • Strong synthesis, analytical and finance skills with developed attention to detail
  • Ability to adapt and communicate effectively across all levels in a multicultural environment
  • Excellent organizational skills and autonomy
  • Think critically, challenge accepted processes and suggest alternative solutions
  • Appetite for deepening the knowledge of the financial markets, banking industry and understanding the business activities. An existing solid knowledge would be a plus
  • Fluency in English
  • Technical Skills: MS Excel and PowerPoint; with desired/bonus skills in Essbase, VBA & Power BI
  • Experience in Management Reporting / Financial Planning and Analysis is desirable. If you do not have previous experience in these types of roles, please explain on your CV/Cover Letter why you could be a good fit for this position 

Behavioral Skills

  • Responsibility - Performance: I strive for high performance 
  • Commitment - Inspiration: I support the vision and the strategy 
  • Client - Client  focus: I put long term relationship with our clients at the center of my actions, whatever my position 
  • Team Spirit - Synergies: I make cooperation with colleagues in and outside my team a priority
  • Innovation - Thinking out of the box/Creativity: I propose new ideas and solutions
  • Responsibility - Accountability: I make decisions in my scope of responsibilities

Business insight

Company Description
Societe Generale is one of the leading European financial services groups. Founded in 1864, we have been playing a vital role in the economy for over 150 years. With more than 148,000 employees based in 76 countries worldwide, we accompany 32 million clients throughout the world on a daily basis. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth.

ASIA-PACIFIC (ASIA), as one of the Business Units of Societe Generale, operates in 12 locations across the Asia Pacific region, employing over 2,500 employees with the regional headquarter located in Hong Kong. Our activities here are centered on Societe Generale's Global Banking & Investor Solutions Businesses (GBIS), a major growth engine for the Group and a key pillar of Societe Generale's universal banking model. Our expertise in Asia Pacific ranges from Corporate & Investment Banking (Global Markets, Financing and Advisory) to Asset Management, Global Transaction Banking and specialised financial services. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore offers customised business solutions to the Societe Generale Group globally including ASIA.

Department Description

The Strategic Financial Planning (PFS) department is the sole provider of actionable financial reports and analysis to assist SG management in steering the financial performance of the Asia region. It measures and analyzes the profitability of the activities portfolio and the optimization of resources. The team ensures the necessary support and the right level of expertise to the business partners, and the management of the Asia Business Unit.

The Synthesis team (PFS/SYN) consolidates the financials for management reporting, leads the Asia budget process, leads the annual Asia strategic review, prepares forecasts, produces financial trend analysis, analyzes Asia BU costs, contributes to the monthly closings, ensures alignment with norms around performance management analyzes and presents the Asia BU financial performance to senior management.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000HTZ
Entity: Societe Generale Hong Kong Branch
Starting date: 2021/07/12
Publication date: 2021/06/02
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