Employment contract:

Standard / Permanent

Location:

Mumbai, Maharashtra, India

Job/mission:

FINANCE ACCOUNTS AND MANAGEMENT CONTROL

Reference:

FIN003562

 

Job Description – SMS CAE UK

 

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 with 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 Business Line/Function :

 

Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.

 

 

 

 

 

 

 

 

Job Title:

Manager

Date:

29/11/2023

 

Department:

FSS SMS CAE UK

Location:

Mumbai

 

Business Line / Function:

CIB Finance

Reports to:

(Direct)

Manager

 

Grade:

(if applicable)

 

(Functional)

 

 

Number of Direct Reports:

 

Directorship / Registration:

NA

 

 

Position Purpose

The jobholder will be responsible for review of timely and accurate management accounting and reporting. They will work to ensure the accuracy of financials reported by business line, region and report profitability at a detailed level to facilitate decision support.

 

Perform all local reporting in accordance with relevant and applicable rules and principles, requirements within the deadlines set forth, with complete audit trail to follow.

Responsibilities

 

Direct Responsibilities

 

Management Accounting & Control Functions

 

·       Perform and review cost accounting activities for the month end closing including proper accruals, prepayment of technology expenses and intercompany recharges.

·       Perform balance sheet substantiation for accruals, prepayments and debtors’ balance sheet accounts.

·       Perform regular ageing analysis for receivables and payables and coordinate with onshore stakeholders to get regular justification or resolution for aged balances.

·       Validate invoices for receivables and payables in respective tools and raise any issues in time to ensure minimal delays in validation of invoices.

·       Prepare and review high quality management reports for regional financials of various business lines and functions on a monthly basis

·       Ensuring proper controls over technology cost allocations to business line and in line with relevant allocation methodologies and basis provided by business from time to time.

·       Monitor financials trend and comparison with Budgets, liaise with accounting teams to understand main drivers of material variances

·       Maintain referential and database for the financials, which is the source for all reporting

·       Perform and review local/regional budgeting/forecasting activities in liaison with PM/business counterparts

·       Business partnering with key stakeholders on regular basis and monthly review with senior management to discuss business performance

·       Coordinate with Local managers, Regional PM and local Finance Teams for month end reporting changes as maybe required

·       Active participation in the reporting transformation project as per new architecture and review of regional offshored tasks

·       Monitor timelines for all deliverables for the team and ensure all KPIs are met as per expectations.

·       Manage Adhoc and responses to auditors/regulators queries

 

Contributing Responsibilities

 

Projects, Systems Support, Operational Process Improvements

 

·       Identify improvements opportunities in production, control and workflow to increase efficiency and effectiveness

·       Perform Level 1 controls and contribute towards a robust operational permanent control framework in line with Group requirements

·       Provide cross-training to colleagues and perform as a backup for critical tasks

·       Participate and take the lead in driving projects and system upgrades including UAT and trouble shooting

 

 

 

 

 

 

 

Technical & Behavioral Competencies

  • At least 5-7 years of relevant experience in a similar role, preferably in a global financial services company
  • Prior knowledge of investment banking, management accounting concepts, methodologies and rules
  • 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

Skills Referential

Behavioral Skills:

Strong communication skills – oral & written

Strong achievement drive with ability to work independently and collaboratively with various teams to ensure optimal work is done in a deadline focused environment

Building a high-performance team with strong management skills

Ability to deliver / Results driven

Client/Customer focus, Proactive

Creativity & Innovation / Problem solving

Transversal Skills:

Ability to work in a changing and moving environment

Strong Analytical and Organizational Skills

Ability to develop and adapt a process

Ability to implement relevant and timely controls

Education Level:

CA,

Experience Level:

At least 5-7 years

 

 

 

 

 

Job Description – SMS CAE UK

 

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 with 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 Business Line/Function :

 

Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.

 

 

 

 

 

 

 

 

Job Title:

Manager

Date:

29/11/2023

 

Department:

FSS SMS CAE UK

Location:

Mumbai

 

Business Line / Function:

CIB Finance

Reports to:

(Direct)

Manager

 

Grade:

(if applicable)

 

(Functional)

 

 

Number of Direct Reports:

 

Directorship / Registration:

NA

 

 

Position Purpose

The jobholder will be responsible for review of timely and accurate management accounting and reporting. They will work to ensure the accuracy of financials reported by business line, region and report profitability at a detailed level to facilitate decision support.

 

Perform all local reporting in accordance with relevant and applicable rules and principles, requirements within the deadlines set forth, with complete audit trail to follow.

Responsibilities

 

Direct Responsibilities

 

Management Accounting & Control Functions

 

·       Perform and review cost accounting activities for the month end closing including proper accruals, prepayment of technology expenses and intercompany recharges.

·       Perform balance sheet substantiation for accruals, prepayments and debtors’ balance sheet accounts.

·       Perform regular ageing analysis for receivables and payables and coordinate with onshore stakeholders to get regular justification or resolution for aged balances.

·       Validate invoices for receivables and payables in respective tools and raise any issues in time to ensure minimal delays in validation of invoices.

·       Prepare and review high quality management reports for regional financials of various business lines and functions on a monthly basis

·       Ensuring proper controls over technology cost allocations to business line and in line with relevant allocation methodologies and basis provided by business from time to time.

·       Monitor financials trend and comparison with Budgets, liaise with accounting teams to understand main drivers of material variances

·       Maintain referential and database for the financials, which is the source for all reporting

·       Perform and review local/regional budgeting/forecasting activities in liaison with PM/business counterparts

·       Business partnering with key stakeholders on regular basis and monthly review with senior management to discuss business performance

·       Coordinate with Local managers, Regional PM and local Finance Teams for month end reporting changes as maybe required

·       Active participation in the reporting transformation project as per new architecture and review of regional offshored tasks

·       Monitor timelines for all deliverables for the team and ensure all KPIs are met as per expectations.

·       Manage Adhoc and responses to auditors/regulators queries

 

Contributing Responsibilities

 

Projects, Systems Support, Operational Process Improvements

 

·       Identify improvements opportunities in production, control and workflow to increase efficiency and effectiveness

·       Perform Level 1 controls and contribute towards a robust operational permanent control framework in line with Group requirements

·       Provide cross-training to colleagues and perform as a backup for critical tasks

·       Participate and take the lead in driving projects and system upgrades including UAT and trouble shooting

 

 

 

 

 

 

 

Technical & Behavioral Competencies

  • At least 5-7 years of relevant experience in a similar role, preferably in a global financial services company
  • Prior knowledge of investment banking, management accounting concepts, methodologies and rules
  • 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

Skills Referential

Behavioral Skills:

Strong communication skills – oral & written

Strong achievement drive with ability to work independently and collaboratively with various teams to ensure optimal work is done in a deadline focused environment

Building a high-performance team with strong management skills

Ability to deliver / Results driven

Client/Customer focus, Proactive

Creativity & Innovation / Problem solving

Transversal Skills:

Ability to work in a changing and moving environment

Strong Analytical and Organizational Skills

Ability to develop and adapt a process

Ability to implement relevant and timely controls

Education Level:

CA,

Experience Level:

At least 5-7 years