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 7 work streams and provides services across 29 countries
Job Title:
Business Manager
Date:
24-Sep-24
Department:
Financial Shared Services
Location:
ISPL Mumbai
Business Line / Function:
Group Finance & Strategy Infinity APAC
Reports to:
(Direct)
Head Business Management
Grade:
(if applicable)
Manager
(Functional)
Number of Direct Reports:
2
Directorship / Registration:
NA
Position Purpose
Finance Business manager will be responsible for managing and reviewing key deliverables related to budgeting, cost management, client management, SLA, Governance, Reporting, Efficiency tracking, driving reengineering projects, for ISPL Finance shared services, Mumbai
Individual must possess strong expertise in the area of Finance, Stakeholder management, Communication Management and preparing presentations for senior management
Responsibilities
Direct Responsibilities
Business Management –
· Support the Business management function for the Financial Shared services
(FSS) business line within BNP Paribas.
· Conduct quarterly and half-yearly Governance calls for the business with the onshore clients.
(Hosting the call, giving resource updates, assist in finalizing the dashboards and sharing
Minutes of the meeting.)
· Prepare Corporate and Visitor packs for the Region and Country heads.
· Prepare Townhall decks for the internal and external meetings
· Seats Management for the entire department (FMS tool upload and changes & BCP seats
calculation)
· Track Contractor cost on monthly basis (tenure of contract, internalization of resources and
post budget requests)
· Restructuring and maintenance of organization unit (movement in Refog, Sailpoint and Peoplemine systems) for entire department
· Assist in RCSA and IG control process framework for the team
Financial Planning & Analysis
· Steering the entire Budgeting & Forecasting process for FSS
· Prepare FSS Budget calendar, schedule review meetings with work stream heads and FSS HOD
Standard Template presentation to ISPL CEO
· Tracking of discretionary cost across teams
· Prepare Travel Calculator for budgeting Travel & Entertainment expenses
· Prepare necessary variance analysis supporting documents for tracking movements across teams, regions, hc type etc.
· Review for successful Headcount & Cost load into the tool
· Prepare Budget packs for regional heads and schedule review for clarifications on any transitions
· Discussions with Regional CFOs and their teams to state the regional numbers and consensus on predictions for both the parties
· Deep dive of cost analysis to track forecast numbers closely
· Prepare region wise efficiency report across teams in accordance with long term plan
· Prepare consultancy report across projects and tracking of consultants against budget and seeking necessary approvals for any extensions or changes
· Involve in Interplatform budgeting tool testing for actuals and predictive HC and cost
· Involved in budget transfer of headcount & cost across teams, inter platforms and CIB entities
Cost Management –
· Analyze and interpret cost reports and provide commentaries on monthly basis
· Conduct Variance analysis and provide commentaries to management
· Manage and Review Invoices vs. Budget (Resources, Cost and Variances)
Recruitment Dashboard management –
· Approvals of requisition for all the Workstreams in the department
· Tracking of requisition and actuals movement of resources
· Approval tracking for requisition summary to Finance COO
Contributing Responsibilities
Resource Management –
· Timesheet management
· Headcount tracking and allocation across entities, regions and teams
· Prepare and distribute reports to different stakeholders (PPM, Business Owners, Project Managers, and Senior Management).
Invoice Management –
· Review of monthly input file preparation for Quarterly Invoicing
· Review and tracking of movements in SLA and Invoices as per the client request
· Review of recipient mapping for distribution of invoices
· Liaise with Finance team to calculate and track invoices on quarterly basis.
· Query resolution on invoices from onshore.
Governance –
· Review the governance packs for GSO, CFO, ISPL CEO and Finance COO
· Changes in the template and structure of governance packs
· Tracking of action items and completion follow up for every quarter
SharePoint Management
· Maintain SharePoint for the Workstreams and Department at large (updating the SharePoint on regular intervals and attending governance meetings)
Technical & Behavioral Competencies
Must be efficient in MS Office
Hands on experience on MS Project
Working knowledge of Tableau, Power BI and SharePoint
Strong knowledge on SAP and Vinci
Specific Qualifications (if required)
MBA in finance is preferable
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Client focused
Decision Making
Ability to deliver / Results driven
Communication skills – oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to manage a project
Ability to manage / facilitate a meeting, seminar, committee, training…
Analytical Ability
Ability to develop and leverage networks
Ability to understand, explain and support change
Education Level:
Master Degree or equivalent
Experience Level
At least 10 years
Other/Specific Qualifications (if required)
MBA in finance is preferable