CMA intern

About the Role

As a CMA intern at HSBC, you’ll dive into day‑to‑day cost and management accounting tasks, working closely with finance teams to analyse budgets, forecast expenses and support decision‑making for a global bank.

Key Responsibilities

• Assist in preparing monthly cost reports and variance analyses for business units.
• Support budgeting and forecasting cycles, ensuring data accuracy and timely submission.
• Build and maintain financial dashboards in Excel, incorporating key performance indicators.
• Collaborate with cross‑functional stakeholders to gather cost drivers and validate assumptions.
• Identify cost‑optimization opportunities and recommend process improvements.
• Participate in ad‑hoc FP&A projects, such as scenario modelling or capital allocation studies.
• Contribute to automation initiatives using Excel macros or Power Query to streamline reporting.

Skills & Qualifications

• Currently pursuing CMA (Inter/Final) from the Institute of Cost Accountants of India.
• Completed graduation with a focus on accounting or finance.
• Strong grasp of accounting principles, cost management concepts and variance analysis.
• Proficient in MS Excel (pivot tables, VLOOKUP, advanced formulas); experience with Power Query or VBA is a plus.
• Basic understanding of banking operations and financial products.
• Excellent analytical, problem‑solving and communication skills.
• Willingness to complete HSBC’s mandatory Anti‑Money Laundering and Sanctions training.

What You’ll Learn

This internship offers hands‑on exposure to financial planning and analysis in a large banking environment, sharpening your Excel modeling, budgeting and cross‑functional collaboration skills. You’ll also gain insight into how cost decisions impact global business strategy.

Resume Tip

Highlight any Excel projects or cost‑analysis work from your coursework—include specific metrics (e.g., reduced variance by X%) and tools used—to demonstrate tangible analytical impact.