Employment contract:

Standard / Permanent

Location:

Mumbai, Maharashtra, India

Job/mission:

FINANCE ACCOUNTS AND MANAGEMENT CONTROL

Reference:

FIN003477

 

Direct Responsibilities

 

Management Accounting & Control Functions

 

  • Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both costs and revenues.
  • Post monthly journal entries (accruals/prepayments) & adjustments in management accounting system for correct management reporting
  • Ensure monthly revenues reporting (Flash/Actuals) & other related management reporting (Cost of Risk/European Central Bank reporting/etc) to Head Office are completed within pre-set deadlines
  • Actively participate in the budget and forecast exercises following HO and Regional PM guidelines
  • Assist in monthly system parameters checking; update and maintain referential (i.e. mapping tables) for which the team is responsible
  • Work closely with regional Meter PMs / Country PMs and Head Office Finance in analyzing business performance
  • 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
  • Preparation of business line wise reports providing insights to the management on business performance (covering P&L and headcount) using BI solutions such Tableau, Alteryx, Power BI
  • Creation of Ad hoc Cost Information using MS Access data base through complex queries
  • Provide assistance in responding to questions / requests for information to auditors, regulators
  • Escalating problems / issues to the team manager
  • Providing quality service to other groups
  • Perform necessary controls, raising questions to the senior reporting analysts for further guidance on material issues
  • Document and keep procedures for the production of all reporting tasks up-to-date

 

 

 

 

 

 

Contributing Responsibilities

 

Projects, Systems Support, Operational Process Improvements

 

  • Assist in identifying process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness  
  • Participate in the upgrades / version releases of respective reporting tools, as well as system amendments / enhancements required to facilitate new / modified reporting requirements. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment.
  • Help formulate system enhancements for operational process improvements in production, control procedures and workflow to increase efficiency and effectiveness. Assisting in integrating and streamlining reporting under the team’s responsibility.
  • Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues

 

 

 

Technical & Behavioral Competencies

  • At least 11 years of experience in a global financial services company
  • Prior accounting, management reporting experience desirable
  • Excellent PC skills; ability to learn new systems quickly
  • Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)
  • Working knowledge and understanding of Smartview/Essbase and MS Access desirable

Job Description – Subject Matter Stream

 

 

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees. It has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

 

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24×7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals – Information Technology, Operations and Finance Shared Services.

 

About Businessline/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:

Assistand Vice President

Date:

 

Department:

FSS SMS

Location:

Mumbai

Business Line / Function:

CIB Finance

Reports to:

(Direct)

Vice President

Grade:

(if applicable)

 

(Functional)

 

Number of Direct Reports:

5

Directorship / Registration:

 

 

Position Purpose

The Jobholder is responsible for the timely and accurate reporting in financial and management accounting systems, production of the monthly expenses / revenue accounting and management reporting including preparation of standard and ad hoc reports, supporting the annual expense budget & periodic forecasts exercise, calculation of intercompany charges/billing, ensure the accuracy of transactional level details, calculate and report cost of risk charged to investment-banking activities and report revenue at the client, business and contract levels, responding to audit queries and coordinating with various teams to ensure proper completion of monthly deliverable.

All local reporting is performed in accordance with relevant and applicable instructions, requirements within the deadlines set forth, with complete audit trail to follow.

Responsibilities

 

Direct Responsibilities

 

Management Accounting & Control Functions

 

  • Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both costs and revenues.
  • Post monthly journal entries (accruals/prepayments) & adjustments in management accounting system for correct management reporting
  • Ensure monthly revenues reporting (Flash/Actuals) & other related management reporting (Cost of Risk/European Central Bank reporting/etc) to Head Office are completed within pre-set deadlines
  • Actively participate in the budget and forecast exercises following HO and Regional PM guidelines
  • Assist in monthly system parameters checking; update and maintain referential (i.e. mapping tables) for which the team is responsible
  • Work closely with regional Meter PMs / Country PMs and Head Office Finance in analyzing business performance
  • 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
  • Preparation of business line wise reports providing insights to the management on business performance (covering P&L and headcount) using BI solutions such Tableau, Alteryx, Power BI
  • Creation of Ad hoc Cost Information using MS Access data base through complex queries
  • Provide assistance in responding to questions / requests for information to auditors, regulators
  • Escalating problems / issues to the team manager
  • Providing quality service to other groups
  • Perform necessary controls, raising questions to the senior reporting analysts for further guidance on material issues
  • Document and keep procedures for the production of all reporting tasks up-to-date

 

 

 

 

 

 

Contributing Responsibilities

 

Projects, Systems Support, Operational Process Improvements

 

  • Assist in identifying process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness  
  • Participate in the upgrades / version releases of respective reporting tools, as well as system amendments / enhancements required to facilitate new / modified reporting requirements. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment.
  • Help formulate system enhancements for operational process improvements in production, control procedures and workflow to increase efficiency and effectiveness. Assisting in integrating and streamlining reporting under the team’s responsibility.
  • Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues

 

 

 

Technical & Behavioral Competencies

  • At least 11 years of experience in a global financial services company
  • Prior accounting, management reporting experience desirable
  • Excellent PC skills; ability to learn new systems quickly
  • Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)
  • Working knowledge and understanding of Smartview/Essbase and MS Access desirable

Specific Qualifications (if required) : CA preferred

 

 

 

                                            

 

 

 

Skills Referential

 

 

Behavioural Skills: (Please select up to 4 skills)

 

 

Communication skills – oral & written

 

 

Ability to collaborate / Teamwork

 

 

Ability to deliver / Results driven

 

 

Creativity & Innovation / Problem solving

 

 

Transversal Skills: (Please select up to 5 skills)

 

 

 

Ability to understand, explain and support change

 

 

Analytical Ability

 

 

Ability to develop and leverage networks

 

 

Ability to develop and adapt a process

 

 

Ability to manage / facilitate a meeting, seminar, committee, training…

 

 

Education Level:

Master Degree or equivalent

 

 

Experience Level

At least 12 years

 

 

Other/Specific Qualifications (if required) CA

 

 

Qualified chartered Accountant