In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2024. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
About the Department:
The Finance Control Group (“FCG”) Department is a transversal function within CIB Finance whose primary roles are:
- to develop and implement a strong accounting control framework for CIB Banking and non-Banking entities (such as Broker/Dealers entities);
- to perform 2nd level of controls for controls primary run by other Finance and non Finance teams;
- to report on main controls areas, for both local and central needs and requirements;
The Department is responsible for ensuring compliance with Group and CIB Head Office controls guidelines and expanding to adapt with an ever-changing Control environment. FCG works closely with not only Finance and Tax department but with other functions of CIB North America to provide value added analysis and advisory services to its clients in the areas of accounting control.
In detail
The Senior Control Reviewer develops and monitors the accounting Control Framework by issuing new controls procedures and getting them implemented and enforced by other Departments, in Finance and outside Finance.
MAIN RESPONSIBILITIES
End of accounting period:
- Supervision of the collection and analysis of applicable accounts’ reconciliation and controls support at the end of each accounting period.
- Supervision of the results of the SMS Oversight (Over back-offices controls) to GL automated reconciliation tools.
- Collection and analysis of applicable accounts’ reconciliation and controls support at the end of each accounting period.
- Coordination with and assistance to other departments (Finance/Non-Finance) on reconciliation related issues.
- Escalation of main controls conclusions and findings, through standardized summary reporting and dashboard, including reporting provided to local and central Finance management through various reporting framework.
Permanent:
- Observance of the BNPP accounting controls policies and procedures and local adaptation of central changes.
- Organize a consistent and accurate local framework for reconciliation tools and controls processes.
- Co-Supervise and optimize the usage of the transversal accounting controls repository tool.
- Contribute and/or review case by case detailed analysis and investigation decided by the Accounting Control Manager or the ones he requested to the Control Analysts, to fix controls issues, if any, and following, finalize and implement procedures or controls guidelines to improve the control set-up.
- Manage regular meetings and relationships with other key departments from controls perspectives.
- Supervise the implementation of the Write-Off policy and distribution of related reports.
- Supervise the finance and tax recommendation process.
Monthly/Quarterly/Semi Annual/Annual:
- Supervision and review of quarterly Head office reporting.
- Manage and review the monthly sensitive accounts analysis.
- Co-reviewer of the semiannual non-consolidated entities review memo.
- Review the quarterly Forecast (Incidents tool) reporting memo.
KEY SKILLS AND QUALIFICATIONS
- Bachelor’s degree in accounting, Finance or equivalent.
- Minimum 5 years of experience in the external audit of banking and capital markets companies or experience in internal audit.
- Attention to details/rigor, Adaptability, Ability to Deliver / Result Driven.
- Analytical Ability, Ability to develop and adapt a process and Ability to inspire others & generate people’s commitment. High level of communication skills to present complex topics to key stakeholders.
- Practical knowledge and understanding of generally accepted accounting principles, both in IFRS and US GAAP (plus) as well as regulatory and tax accounting rules and regulations, IFRS Norms, Audit experience.
- Practical application and knowledge normative control requirements and plans (Accounting, Performance Mgt., Transfer Pricing, Valuation, Capital).
- Microsoft Office advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access) Power Bi, Power query a plus.
- Given the vast majority of our clients, both internal and external, are based outside of Quebec and Canada, specific language requirements may apply. Bilingualism in French and English is a plus.
What’s in it for you
In addition to competitive compensation, we hybrid work arrangements, such as remote working and flexible working hours are available for most positions. BNP Paribas provides opportunities for career development within the company and internationally.
What you need to know
· We will review candidates as they apply, so don’t wait to submit your application;
· BNP Paribas is committed to accessibility and inclusion. If you need any accommodation during the recruitment process, you can contact accessibility [at] us.bnpparibas (dot) com
· You must be legally eligible to work in the Greater Montreal area and, if applicable, hold a valid work or study permit. Physical presence in BNP Paribas’ office(s) is an essential function of this position
Diversity, Equity and Inclusion (DE&I) at the heart of our commitments
At BNP Paribas all employees are on an equal footing allowing us to create a work environment that values and respects people for their talents, skills and competences.
BNP Paribas recruits, employs, trains, compensates and promotes regardless of race, religion, colour, national origin, sex, disability, age, and other protected status (Employment Equity Act and Canadian Human Right Act).
To learn more about our DE&I commitments, click here
About us
BNP Paribas is the top bank in the European Union and a major international banking establishment. Present in 63 countries, with more than 180,000 employees, the bank holds key positions in several areas of banking and financial services.
BNP Paribas’ mission is to contribute to a responsible and sustainable economy by financing and advising its clients according to the highest ethical standards, while striving to respond to essential concerns in terms of the environment, regional development and social inclusion.
Since 1961, BNP Paribas has supported large Canadian companies and institutions in their business development by offering a full range of specialized financial services and investment products.
With over 1,400 employees, BNP Paribas in Canada continues to attract experts from diverse fields as well as ambitious young talent from around the world. We are proud to offer our employees a rewarding and international workplace where they can build their professional careers by honing their skills, meeting challenges and enriching their knowledge of the financial industry.
Our certifications and partnerships
· Montreal Top Employer 2024
· Canada’s Best Diversity Employer 2024
· Women in Governance – Parity certified - Platinum certification
· Pride at Work Canada
· Rainbow Accreditation issued by Canada’s LGBT+ Chamber of Commerce (CGLCC)
· Part of Les Affaires top 300 companies in Quebec
· Synclusiv
· Ready, Willing and Able
· Autisme sans Limites
· LinkedIn Top Companies 2024
Do you want to discover other BNP Paribas offers in Canada?
Click here: BNP Paribas in Canada Our job offers
** Only selected applications that meet the requirements of the role will be contacted **
