Job Title: Financial Controller – Mgt A/cs
Business Unit: CIB - Finance
Contract Type: Permanent Contract
Location: Sandyford, Dublin
About BNP Paribas
At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.
- Agility: we want to behave more simply to embrace useful innovation and digital transformation.
- Client Satisfaction: we believe that our success lies in being the customers' and clients' preferred choice.
- Compliance Culture: we believe in promoting clear rules to foster a strong culture of compliance and ethics
- Openness: we promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered
Our strengths are based off four key areas of Stability, Expertise, Responsibility and Good Place to Work
- Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint.
- Expertise: we build upon our recognized and expanding knowledge of our teams.
- Responsibility: we build upon our culture of responsibility and integrity to ever better serve the interest of our customers
- Good Place to Work: we foster a stimulating workplace where people are treated fairly and with respect
Role:
This position is aimed at upgrading the quality and granularity of reporting to Executive Stakeholders on Costs & Revenue. The role includes that of owning and presenting the information as well as that of working with the Teams and Stakeholders to improve the reliability by way of implementing a stronger analysis and awareness of the movements in the Management Accounts. It is a role to build on top of what is already there but to bring it to the next level.
Principle requirement is to “Know Our Costs”, “Know Our Revenue” & to ensure the Management Accounts Reporting is in line with the expectations of the influencing drivers. The Financial Controller is a “hands-on” position intimately knowing the Costs & Revenues understanding the base and explaining the evolutions.
The scope of entities include all CIB Entities *managed in Ireland – but prioritised firstly on BPFASIL and then BNPP Dublin Branch, other entities under CIB Finance management. “BPFASIL” is the 1st priority as it is a regulated entity subject to OFR (Own Funds Requirement) Regulatory Capital Ratio. The OFR Ratio directly relates to the Expenses/Outgoings of the Entity.
This Role will work closely & within the Finance Teams located in Ireland & Madrid, with a strong dimension of co-ordination. Accordingly the role requires strong Communication & Analytical Skills.
This is a Senior Role presenting to the BPFASIL Board and to the Executive Mgt Team in Dublin.
(*managed meaning excludes entities such as PBIL & GM SPVs which are managed by Finance Teams outside of Ireland)
Key Responsibilities:
The Financial Controller Objectives include ;
- Upgrade the Cost Reporting Granularity & Control – to the BPFASIL Board
Define the Cost Base - Analyse & Map all of the Annual Costs (incl ; SLAs, TPAs, CSAs, IT,… and formally validate the Base with Head of 2S & CFO.
Build a new Macro & Micro reporting Pack with the Delta explanations.
Feed the evolutions into a recurring/updated OFR Projection, anticipating any new Capital need in advance.
- Simplify the Cost Base of BPFASIL
Review all of the direct Costs within the Entity & propose which ones could be suitably housed in BNPP Dublin Branch. Organize the Senior Mgt validation & the Transformation Timing with the responsible Depts. Considering also any need to communicate with Regulator, which we would not anticipate but still needs to be considered.
Review & adjust the Cost Allocations & Revenue Sharing Agreements.
- Upgrade the Revenue Reporting Granularity & Control – to the BPFASIL Board
Reshape the Macro & Micro reporting Pack with the Delta explanations & forecasts
Review the Controls on Accruals – to ensure alignment with the Cost Base Map & Revenue.
Build some Key Control Points – which can be reported to Senior Mgt.
Work with the Finance Teams to propose improvements and take the lead on the formalization.
- BNPP Dublin Branch & other CIB entities in Ireland.
Transfer up the Best Practices developed for BPFASIL up to BNPP Dublin Branch & other CIB Entities.
Qualifications & Experience required for this role:
- Strong Analytical Skills
- Strong Communication Skills
- Strong Leadership Skills
- Proven ability to influence and interact with senior stakeholders
- Discipline & Control orientation
Conduct:
- Be a role model, supporting and fostering a culture of good conduct
- Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
- Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure.
- Take responsibility for your team's conduct and conduct risks
Why Work with Us?
- We are the bank for a changing world and aim to build positive change together with our employees
- We are a team of passionate people who genuinely care about what we do and the impact our work delivers to our clients. We operate in a highly collaborative, open-minded environment that embraces innovation and creativity
- Our remuneration and benefits packages are generous, with competitive salaries, a discretionary bonus scheme, company pension contribution, comprehensive private healthcare packages, and numerous other benefits
- We have a genuine commitment to work-life balance throughout the whole organisation. We are also committed to equality, diversity and inclusion and actively promote equal opportunities.
- Development and mobility is actively encouraged. We are a learning company - there is real opportunity to grow, develop and expand your skills, experience and career path.
- We are a global company operating in over 60 countries with over 190,000 employees from over 150 nationalities. In Ireland we have approximately 500 employees across Dublin and Galway working in Corporate Institutional Banking (CIB) and BNP Paribas Security Services (BP2S) and Greenval.
Compliance Culture: We believe in promoting clear rules to foster a strong culture of compliance and ethics. We would expect any incoming member of staff to respect all financial security related legislation, including: anti-money laundering (AML); countering the financing of terrorism (CFT); international financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC); KYC; ongoing client related data screening; and transaction monitoring. BNP Paribas have clear policies on these topics which all staff are expected to familiarise themselves with upon successful entry to the Group.
Equality and Diversity
BNP Paribas is an equal opportunities employer and proudly cultivates a diverse workforce. We believe that diversity of experience enhances our service offering to clients and leads to a better working environment. We encourage applications from the best candidates regardless of age, ethnicity, gender, gender identity, nationality, disability, sexual orientation, socio-economic background, parental and caring status, or religious belief.
By submitting your application, you agree to BNP Paribas completing a background check and screening in advance of any potential offer being made
