SA / AM - SMS CAE

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:

ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB/BOW Finance teams across the geographies. It is organized by 6 work streams and provides services across 29 countries.

Subject Matter Stream within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.

Job Title:

Senior Associate / Assistant Manager

Date:

15-January 2025

Department:

FSS SMS CAE

Location:

Mumbai / Chennai

Business Line / Function:

CIB Finance

Reports to:

(Direct)

SriRanga Mannar P

Grade: 

(if applicable)

(Functional)

Ankita Sharma

Number of Direct Reports:

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 and review cost accounting activities for the month end closing including proper accruals, prepayment of technology expenses, HR expenses and intercompany recharges.

·       Perform balance sheet substantiation for accruals, HR expenses, prepayments and debtors’ balance sheet accounts. 

·       Perform regular ageing analysis for receivables and payables and coordinate with onshore stakeholders to get regular justification or resolution for aged balances.

·       Perform month-end reporting for his / her entities within the set deadlines

·       Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both costs and revenues.

·       Work closely with regional Meter PMs / Country PMs and Head Office Finance in analyzing business performance

·       Assist in monthly system parameters checking; update and maintain referential (i.e. mapping tables) for which the team is responsible

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

·       Preparation of business line wise reports providing insights to the management on business performance (covering P&L and headcount) 

·       Creation of Ad hoc Cost Information using MS Access data base through complex queries

·       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 

·       Perform necessary controls, raising questions to the senior reporting analysts for further guidance on material issues. 

·       Document and keep procedures for the production of all reporting tasks up-to-date

Contributing Responsibilities

·       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 formulate system enhancements for operational process improvements in production, control procedures and workflow to increase efficiency and effectiveness. Assisting in integrating and streamlining reporting under the team’s responsibility.

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

Technical & Behavioral Competencies

·       At least 3 to 5 years of relevant experience in a similar role, preferably in a global financial services company. 

·       Prior knowledge of investment banking, management accounting concepts, methodologies and rules

·       Excellent PC skills,ability to learn new systems quickly

·       Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)

·       Working knowledge and understanding of Smartview/Essbase and MS Access desirable

Specific Qualifications (if required)

CA Inter / MBA

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Communication skills - oral & written

Ability to collaborate / Teamwork

Client focused

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to anticipate business / strategic evolution

Ability to develop and leverage networks

Ability to develop and adapt a process 

Education Level: 

 Master Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

Technical knowledge Excel

Macro/VBA/MS Access knowledge advisable