About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group 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. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
Business Overview:
The Hispanic Latin America region is a key market for BNP Paribas. While Brazil remains the largest economy in Latin America, other major countries in the region are also significant contributors for the business and for long standing relations with clients. For example, BNP Paribas has been uninterruptedly present in Colombia for more than 40 years.
BNP Paribas has a historical footprint in the Hispanic Latin America. The Bank has been in the region since 1914 and is now present in 5 countries with nearly 2000 employees between Corporate and Institutional Banking (CIB) and International Financial Services.
CIB in Hispanic Latin America has world-class teams of roughly 200 professionals spread among Colombia, Mexico, Chile, Peru and Argentina, thus ensuring an overall coverage of BNP Paribas’ client franchise in the region. All BNP Paribas’ business lines have operations in Hispanic Latin America and are structured in such a way as to provide their clients with the best combination of specialists according to sector, product or geographic region. In the context of growing globalization, they are able to accommodate their clients thanks to their powerful regional platforms:
- In North America (essentially New York but also other hubs such as Houston and San Francisco) and Brazil (Sao Paulo) with a number of professionals covering Latin America.
- In the whole of Europe with major hubs such as Paris, London, Frankfurt, Madrid, etc.
- In Asia with a broad coverage of all major economies in the region.
In Colombia, BNP Paribas has presence through 5 entities representing the Group: the Rep. Office, the Corporación Financiera and a Trust company for the Corporate and Institutional Banking pole. As for International Financing Services, an insurance company (Cardif) and a Rep Office for Asset Management Services. BNP Paribas is the European bank with the longest uninterrupted presence in the country.
Job Purpose
:
This position supports the Control procedures for CIB Colombia to ensure the compliance for internal accounting control and regulatory reporting norms, this role involves also the participation in the implementation of the projects assigned and the preparation of disclosures.
Duties and Responsibilities
- Support ACP (Accounting Control Plan) execution and its documentation process according to the design of each control.
- Execute daily PAV-OMR reconciliations, rectool and monitoring of suspense accounts in HOR and local ledger identifying breaks on time reporting to Operations or Finance (avoiding accumulation of a large number of adjustments).
- Support the review and identification of adjustments for HOR (Head Office Reporting) to ensure the accuracy of the report. It also includes performing procedures requested by central teams to ensure Colombia Compliance with Financial Reporting for HO.
- Perform test of projects on going including the monitoring results and follow up of open items.
- Prepare disclosures of statutory financial statements yearly and interim financial and accounting reporting standards applicable to the entities under its scope.
- Prepare Indicators to report to OPC, Compliance and Performance Management.
- Monitor the parallel process to ensure the integrity and accuracy of journal entries. This monitoring involves accompanying the analyst in charge of this task in validating the analysis. the consistency of the adjustment and resolve any doubts that arise in the process.
- With the accompaniment of the CFO, carry out a special work of analysis of financial statements in order to validate that there are inappropriate posts that are affecting the balance of the accounting accounts. For this, a work program will be defined and together with temporary support, this activity will be carried out. This position must also supervise the progress of the tasks carried out by the analyst, providing support in resolving doubts and conclusions of the same.
Qualifications
- Education: Accountant or Economist,
- Specialized Knowledge: knowledge in financial accounting, valuation of financial instruments, risk and controls.
- Skills: Knowledge of Excel, great communication and capacity to work under pressure, teamwork, focus in control and risk, proactive and great adaptability to change.
- Abilities: Proactive, mathematical skills, focus to details, focus to accomplish goals, communication skills.
- Professional Certifications: Has worked in financial institutions.
- Experience: minimum 1 year of experience
