Assistant Manager/ Senior Associate – Financial Accounting & Reporting- EMEA SMS

Employment contract:

Standard / Permanent


Mumbai, Maharashtra, India





BNP Paribas Group

BNP Paribas (, is a European leader in global banking and financial services and is one of the strongest banks in the world (Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22).Headquartered in France, BNP Paribas has one of the largest international networks with operations in more than 80 countries and 200,000 employees. Its three core businesses are:

• Corporate and Investment Banking

• Retail Banking

• Investment Solutions

BNP Paribas India Solutions Pvt Ltd.

BNP Paribas India Solutions Private Limited (BNPPISPL) is a global delivery centre for BNP Paribas Group, one of the largest banking groups in the world. BNPPISPL provides IT, IT Enabled Services to the predominantly international Corporate and Investment Banking business of BNP Paribas Group. Corporate and Investment banking is one of the key business lines of BNP Paribas Group. BNPPISPL was created in 2005.

In 2010, BNP Paribas India celebrated its 150th anniversary in India of banking presence.

BNPPISL is looking for experienced professionals in the core finance domain in the areas of management accounting, financial reporting and accounting controls. This group will service multiple BNP Paribas CIB locations worldwide.


Job and Person Specification

Job Role:

Senior Associate – Level 1 Accounting Controls and Monitoring




Finance Shared Services


General subject to shifts as per requirement

Job Purpose:


The accounting control group performs a key role in controlling the integrity of the data in the General Ledger (GL) by controlling the auto- reconciliations between the Back Office (BO) systems and the accounting General Ledger (GL) to ensure complete and accurate transfer of data and also performing a series of GL integrity control processes. The team currently perform controls over 24 BO system feeds to the accounting GL with a number of these due to be transferred to Mumbai. Controls are performed at each month end and periodically during the month. Team members have regular interaction with other control functions (Operations, Middle Office, IT and other Finance teams) and develop specialist skills in particular systems/products.


The Senior Controller will be responsible for the timely and accurate completion of daily and monthly control tasks including some supervisory support for 1 other member of staff in Mumbai. They will ensure that reconciliation breaks are investigated, understood and a GL impact assessment completed to determine whether the GL requires adjustment for the monthly closing. In addition, remediation action required must be documented and appropriate action taken to oversee any required changes to the reconciliation process or the GL.


Key Responsibilities:


Supervisory support for 1 member of staff

Perform/review control reconciliations over BO – GL feeds for BO systems (approx. 10) that are allocated to Mumbai

Perform periodic GL integrity controls over specific GL accounts

Investigate & document reconciliation and/or integrity control breaks

Assess impact on GL for month end closing & if adjustment required

Liaise with Regional Finance and other control functions (BO, MO, IT etc) as required on a regular and timely basis

Perform GL journal corrections as required

Support remediation actions for control process issues identified

Maintain up-to-date procedures for all controls operated by the Mumbai team

Contribute to the BNP Paribas Operational Permanent Control framework


Candidate Requirements for the Role:

Preferred qualified accountant (3-5 yrs) – though not essential if can demonstrate significant relevant experience

Accounting control experience is essential – track record of supervising/performing accounting reconciliations & ledger integrity controls (inc investigation & resolution of control breaks)

Excellent problem solving & analytical skills – enable root cause of control issues to be fully understood

Solid understanding of general ledgers and accounting/booking treatment for a range of financial products

Strong data handling skills (minimum: excel intermediate level)

Excellent communication skills (written & oral) inc. clear explanation of technical issues

Highly organised with strong deadline focus


Education Background:

Qualified accountant with experience of operating/supervising accounting controls (NB: will consider non-qualified if significant relevant experience and skills)

# Years of Experience:

Qualified – PQE 3-5 yrs preferably with experience performing/supervising accounting controls (this could include product control experience)

Technical Knowledge & Skills:


o   Accounting control and reconciliations

o   Ability to analyse issues and identify root cause & solutions

o   Excel (at least intermediate)


o   Knowledge of Investment banking products

o   Access skills (to intermediate)

Preferred Industry/Domain Experience:

Audit experience (preferably in top firm with banking experience)

If not qualified – must demonstrate significant relevant experience


Behavioral Skills/Competencies:

Communicate technical information clearly and concisely

Escalate issues on a timely basis

Self-motivated, quick learner and able to work independently

Attention to detail