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:
- Ensure that financial reporting to the Head Office and Management is complete, accurate and compliant with Group accounting policies
- Contribute to the pre-closing process
- Perform and document accounting controls and analysis
Contribute to the automation of certain accounting processes and the standardisation of booking schemes among entities.
-Manage team and appraisals
-Manage Projects and provide strategic solutions
Job Title:
Financial Accounting and Reporting – VP2
Date:
3/10/2024
Department:
Finance Shared Services
Location:
Mumbai
Business Line / Function:
Finance Shared Services
Reports to:
(Direct)
Grade:
(if applicable)
Vice-President
(Functional)
Head of department
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
The position for the Vice president for Head office reporting n Financial Shared Services. Lead a team of about 30-40 people.
Responsibilities
- Oversee –Preparation of the financial reporting sent on a monthly basis to the Head Office: P&L, balance sheet, off balance sheet, annexes, tax book, regulatory reporting schedules
- Manage Prepare ad hoc Financial Reporting for Head office upon request
- Contribute to accounting controls and analysis as defined by the BNP Paribas Standard Accounting Control Plan.
- Manage inter-company transactions reconciliation process managed well
- Ensure the good coordination with the Regional Financial Reporting team, in particular during the pre-closing process and whenever an accounting issue needs to be addressed
- Participate to Finance Projects linked to Head Office Financial Reporting
- Contribute to BNP Paribas operational permanent control framework.
- Monitor Financial Reporting through key performance and key risk indicators. In particular contribute to the elimination of manual reclassifications and warnings/missing items.
- Work closely with regional Meter FR team / Country and Head Office Finance in analyzing business performance
- Provide analysis and response to questions raised by HO Finance / Regional Finance / internal management
- On a timely basis, provide complete and accurate financial data to the Reporting Team for report production
- Support-The Head of Department is required to lead, manage and develop the department to ensure it achieves the highest possible standards of excellence in all its activities.
- Support HOD -To oversee the smooth functioning of the department and ensuring consistent provision · To manage and motivate all departmental staff
- Support HOD in
- Forecasting financial results.
- Overseeing the budgets.
- Conducting risk management.
- Evaluating and initiating investments.
- Allocating resources and managing finances.
- Recommending cost reduction strategies
- Report incidents and accounting issues
• Execute the BCM responsibilities for respective team/business:
o Responsible for overall BCM Programme of your Department to ensure
their business continues when BCP is invoked. (BCM strategy, solution,
documentation, Testing etc.)
o Ensure Business Continuity requirement is integrated with all relevant processes,
as applicable
o Can delegate the same to their nominated department BC Correspondent
o Approve and sign-off business impact analyses, business continuity
requirements, strategies and solutions for their department.
o Mobilize their teams to actively participate in awareness sessions, training and tests.
o Nominate BC correspondents within their scope to act a primary point of contact
for the BC Manager.
• Define and implement proper permanent controls on BCP activities on their scope.
-
- Support To manage and motivate all departmental staff
- Ensure the financial reporting to Head Office
Technical & Behavioral Competencies
• General management and ability to lead large teams
• Knowledge of GAAP and IFRS
• Transition and program management
• Control mindset and Analytical Ability
• Staff engagement and communication
• Must be efficient in MS Office
• Stakeholder & Communication management
Specific Qualifications (if required)
• Chartered Accountant with experience in Financial Analysis/other Finance functions preferably in a Banking environment
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Attention to detail / rigor
Ability to synthetize / simplify
Ability to deliver / Results driven
Choose an item.
Transversal Skills: (Please select up to 5 skills)
Ability to anticipate business / strategic evolution
Ability to develop others & improve their skills
Choose an item.
Choose an item.
Choose an item.
Education Level:
Master Degree or equivalent
Experience Level
At least 12 years
Other/Specific Qualifications (if required)
CA
