About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
About BNP Paribas Group:
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability
Commitment to Diversity and Inclusion
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
About Business line/Function:
ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB/BOW Finance teams across the geographies. It is organized by 6 work streams and provides services across 29 countries.
Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.
Job Title:
AL1
Date:
3rd Dec 2024
Department:
FSS BS
Location:
Chennai
Business Line / Function:
CIB Finance
Reports to:
(Direct)
Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
The position of Associate , Senior Associate is to
- Ensure the financial reporting to Head Office
- Accounting production and statutory accounts- understanding
- Contribute to the documentation and automation of the processes.
Responsibilities
Direct Responsibilities
Management Accounting & Control Functions
· Preparation of the financial reporting sent monthly to the Head Office: P&L, balance sheet, off balance sheet, annexes, tax book, regulatory reporting schedules.
· Prepare ad hoc Financial Reporting for Head office upon request.
· Follow controls and analysis as defined by the BNP Paribas Standard Accounting Control Plan.
· Perform inter-company transactions reconciliation and solve Interco breaks.
· Ensure the good coordination with the Regional Financial Reporting team, during the pre-closing process and whenever an accounting issue needs to be addressed.
· Participate to Finance Projects linked to Head Office Financial Reporting
· Contribute to the elimination of manual reclassifications and warnings/missing items and work towards solving at source.
· Provide analysis and response to questions raised by HO Finance / Regional Finance / internal management.
· On a timely basis, provide complete and accurate financial data to the Reporting Team for report production.
Technical & Behavioral Competencies
Strong knowledge of accounting under IFRS
Strong knowledge of Financial Products
Comfortable with basic office tools (Lotus Notes, MS Word, Outlook)
Excellent knowledge and use of MS Excel
Good communication skill
Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret numbers.
Strong sense of organization, ability to prioritize tasks and meet deadlines.
Hard working
Team spirit
Curiosity and open to other cultures
Specific Qualifications (if required)
• Fresh Chartered Accountant/MBA in finance with experience in Financial Analysis/other Finance functions preferably in a Banking environment