Senior Manager – Global Accounting Policy London/Hybrid 6-month contract Up to £677.17 p/d Umbrella If you’re looking for a career that will help you stand out, join HSBC, and fulfil your 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. We are currently seeking an experienced individual to join this team in the role Senior Manager – Global Accounting Policy. About the role: We are seeking a technically strong and detail-oriented accounting professional to join our Global Accounting Policy team in the UK on a 6-month contract. The role will focus on providing IFRS-based technical accounting support on various transactions, particularly in relation to treasury and capital markets activities, including hedge accounting under IAS 39 and IFRS 9. The successful candidate will play a key role in advising on complex transactions, interpretation of IFRS standards, maintaining accounting policies, and supporting implementation efforts across global finance teams. Experience / Skill set: Provide expert technical accounting advice on complex and judgmental areas, with a focus on treasury products, including debt issuances, structured notes, derivatives, and hedging strategies. Lead or support technical reviews and documentation related to hedge accounting under IAS 39 and the transition to IFRS 9 hedge accounting, including designations, effectiveness testing, and discontinuation. Interpret and draft accounting policies under IFRS, ensuring consistent application across global entities, particularly in treasury and capital markets areas. Evaluate the impact of new and evolving IFRS standards; provide recommendations and support implementation where applicable. Prepare clear and concise technical accounting papers for internal governance forums and external auditors. Support responses to auditor and regulator queries on technical accounting matters. Provide training and technical updates to finance, risk, and business teams. Monitor developments from standard setters (IASB, EFRAG, etc.) and assess their implications for the banking business model. Collaborate with accounting policy, finance, product control, and risk teams across jurisdictions. Qualifications & Experience: Qualified accountant (e.g., ACA, CA, CPA or equivalent) Relevant experience, working as part of: Big 4 accounting firm’s technical advisory (Financial Services or Banking) team, or Accounting policy function within a bank. Strong and practical working knowledge of IFRS, in particular: IAS 32 and IFRS 9 with a focus on capital issuances, including debt/equity classification and separation of embedded derivatives, dealing with intra-group funding structures with consideration on capital requirements and distributable reserves. Hedge accounting frameworks both under IAS 39 and IFRS 9 Accounting for intangibles (with focus on internally generated software) and impairment thereof. Experience of dealing with practical considerations of IFRS 10 (Consolidation), IFRS 3 (Business Combinations), and IFRS 15 (Revenue Recognition) is desirable but not essential. Skills & Attributes: Strong technical research and documentation skills with an ability to present complex concepts clearly and concisely. Proven ability to interpret and apply IFRS standards to real-world banking transactions. Comfortable working with cross-functional teams and engaging with senior stakeholders across geographies. Highly organised with the ability to manage multiple priorities and deliver under pressure. Proactive, self-motivated, and a collaborative team player. Strong communication skills, both written and verbal.