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 24x7 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:
The Subject Matter Stream is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities, including the recording of revenue arising from transactions from various activities including Global Market, Global banking activities and Financing activities.
Job Title:
Asst Manager
Date:
2024
Department:
Subject Matter Streams
Location:
Mumbai
Business Line / Function:
FSS
Reports to:
(Direct)
VP
Grade:
(if applicable)
-
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned products or transversal scope. When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.
Responsibilities
Direct Responsibilities
Accounting & Control Functions
Providing quality service to other teams
The accounting control group performs a key role in controlling the integrity of the data in the General Ledger (GL) by controlling the auto- reconciliations between the Back Office (BO) systems and the accounting General Ledger (GL) to ensure complete and accurate transfer of data and also performing a series of GL integrity control processes. The team currently perform controls over 9 BO system feeds to the accounting GL. Controls are performed at each month end and periodically during the month. Team members have regular interaction with other control functions (Operations, Middle Office, IT and other Finance teams) and develop specialist skills in particular systems/products.
Controller will be responsible for the timely and accurate completion of daily and monthly control tasks. They will ensure that reconciliation breaks are investigated, understood and a GL impact assessment completed to determine whether the GL requires adjustment for the monthly closing. In addition, remediation action required must be documented and appropriate action taken to oversee any required changes to the reconciliation process or the GL.
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
- Participate in the Tac/Nac process.
- Participate in the upgrades/version releases of respective reporting tools.
- Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness.
Other functions
- Observe the bank’s policies and procedures.
- Assist in any special project or request as directed by management.
Technical & Behavioral Competencies
Training and occupational experience
· Knowledge of Banking products is desirable
· Prerequisite of Power BI/Python coding experince
· Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset)
· IFRS9 impairment calculation knowledge will be a plus
· High proficiency in computer skills and data analytics
· Up to 3 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms
- Experience of working in an international environment appreciated
Methodologies, Tools & Technologies
· Business Objects
· Excel (including pivot tables, VLOOKUP, SUMIF)
· Programming knowledge a plus
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Attention to detail / rigor
Communication skills - oral & written
Ability to synthetize / simplify
Ability to collaborate / Teamwork
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to anticipate business / strategic evolution
Ability to develop and adapt a process
Ability to manage a project
Ability to inspire others & generate people's commitment
Education Level:
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
