SMS CAE UK Expenses – AL1

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:

AL1/SA

Date:

2/9/2024

 

Department:

SMS CAE UK Exp

Location:

Mumbai

 

Business Line / Function:

CIB Finance

Reports to:

(Direct)

  

Grade:

(if applicable)

 

(Functional)

 

 

Number of Direct Reports:

Nil

Directorship / Registration:

NA

 

 

Position Purpose

The Jobholder is responsible for the timely and accurate reporting in financial and management accounting systems, production of the monthly expenses 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, 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 month-end financial closing for their entities including posting of accruals, prepayments, intercompany and correction entries in SAP, trend analysis and reporting for expenses.

·         Perform reconciliation between Accounting system and Financial ledger to substantiate balances and breaks solving

·         On a timely basis, provide complete and accurate financial data to the Reporting Team for report production

·         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

·         Support the production of the annual expense budget and periodic forecasts from a transversal perspective

·         Be hands on with Excel.

·         Support and manage activities around allocation of costs and overheads to various Business Lines in a timely manner.

·         Provide various ad hoc requests and analysis as would be required from time to time by onshore stakeholders.

 

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 document operational process improvements in production, control procedures, and workflow organization to support team’s efficiency and effectiveness initiatives. Also, assist in integrating and streamlining the reporting under the team’s responsibility.

·         Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues)