BNP Paribas Group:
BNP Paribas Group is
a leading European bank with a strong global footprint across 72 markets and
more than 202,000 employees. The
Group provides corporates, institutional and private investors with product
and service solutions tailored to their specific needs. It offers a wide
range of financial services covering corporate & institutional banking,
wealth management, asset management, insurance, as well as retail banking and
consumer financing through strategic partnerships
BNP Paribas India Solutions:
Established in 2005, BNP
Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a
leading bank in Europe with an international reach. With delivery centers
located in Mumbai and Chennai, we are a 24x7 global delivery center. We
partner various business lines of BNP Paribas such as Corporate and
Institutional Banking, Wealth Management, Retail Banking through three
verticals - Information Technology, Operations and Finance Shared Services.
Financial Accounting and
team is a team with expertise in :
1. Financial reporting through IFRS and FGAAP, including reporting for
complex entities/products and taxation
2. Financial accounting for various structured products/entities
including Statutory Financial Statements preparation
3. Consolidation of financials including intercompany reconciliation and
global CIB Intercompany coordination
Accounting & Reporting
Line / Function:
Finance Shared Services
of Direct Reports:
Financial Accounting team is primarily responsible for month end closing
along with providing oversight and control over day-to-day transactions,
operations and activities required for the daily activities, including the
recording of revenue arising from transactions from various activities
including Global Market activities and Financing activities.
Prepare and book daily/monthly entries
(Accrual, MTM booking, etc.)
Enforce controls and ensure that balance
sheets are in balance; prepare balance sheet reconciliation schedules.
Prepare reconciliation between source
and general ledger and identify gaps.
Review daily transactional account
activity/daily ledgers for posting errors and back-value transactions
Review ledgers and perform account and
transaction analysis for a set of entities.
Analyze, reconcile, and review all
accounts under their responsibility by performing a variance analysis of
corresponding revenue/balance sheet items, highlighting trends, and following
up on questions/ concerns
Prepares month-end substantiation
packages for multiple legal entities.
Ad-Hoc Requests (profit center creation)
/ Intra day
Assists with audit requests from
External Audit, Regulators and internal control teams.
Update and review mapping tables.
Performs financial reporting, analysis,
and related activities for multiple legal entities from various
activities including Global Market activities, financing activities.
Assist in preparing financial statements
(US GAAP and IFRS).
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.
Assist in identifying operational
process improvements in production, control procedures, and workflow
organization to increase the team’s efficiency and effectiveness. Also assist
in integrating and streamlining the reports under the team’s responsibility
Observe the bank’s policies and
Assist in any special project or request
as directed by management
& Behavioral Competencies
Knowledge of IFRS and US GAAP reporting
with 2 years of financial reporting and analysis experience in a medium to
large organization. Experience in financial reporting and analysis includes
preparation of US GAAP and IFRS financial statements and financial reports
for senior management.
Basic Corporate Banking product
Ability to obtain and maintain a
thorough understanding of the general ledger structure and financial
Ensure an accurate and timely monthly,
quarterly and year end close
Work with the Controller to ensure a
clean and timely year end audit
Support Controller with special projects
and workflow process improvements
Ability to learn new systems and
Knowledge of business desktop
applications (MS Outlook, Word, and PowerPoint)
Advanced knowledge of MS Excel
(formulas, pivot tables, charts, and graphs)
Effective analytical, organizational,
and problem-solving skills
Qualifications (if required)
with 3 to 5 yrs exp
Ability to deliver excellent results
within the established timeframes while managing multiple priorities
Strong attention to detail
Excellent analytical and
Strong communication skills, both
written and verbal
Self-starter and team player, able to
work independently and collaboratively with various teams in a
Behavioural Skills: (Please select up to 4
collaborate / Teamwork
Attention to detail / rigor
Choose an item.
(Please select up to 5 skills)
anticipate business / strategic evolution
Ability to set
up relevant performance indicators
Choose an item.
Choose an item.
Master Degree or equivalent
At least 3 years
Other/Specific Qualifications (if required)
- Financial Services accounting
CA with 3 yrs experiance