EMEA Finance Corporate Accounting & Expenses – ANALYST – Infinity EMEA
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:
Job Title:
Analyst – Corporate Accounting & Expenses
Date:
26-Dec-2024
Department:
Finance & Strategy
Location:
Mumbai
Business Line / Function:
EMEA Finance – Subject Matter Streams
Reports to:
(Direct)
EMEA Finance Team Leader Corporate Accounting & Expenses
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
Position Purpose
- He/she will perform tasks allocated mainly to the Finance accounting team responsible for the end to end process of all related transaction affecting the operational expense booking and reporting of the Corporate and Institutional Banking, BP2S and Personal Finance entities under scope on Europe, Middle East and Africa Region (EMEA).
- Within the team called *Finance EMEA: Corporate Accounting & Expenses, the candidate would be assigned to different scope such as Fixed Assets & leases, Personnel Expenses, General Expenses, transfer pricing & Tax or Management Accounting. The team ensures an accurate, reliable and comprehensive set of segmented financial data required for the production of all Reporting streams through a solid control framework that covers oversight on upstream processes, Finance own processes and controls on data quality.
- Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned profit & loss segment mentioned above. When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.
Responsibilities
Direct Responsibilities
Accounting & Control Functions
· Involve in monthly closing cycle activities from book keeping to reporting
· Ensure End to End data quality and accuracy of accounting & reporting for a specific list of EMEA entities, including preparation of reporting package flows for different Bank’s tools regarding Financial accounting and Management accounting
· Maintain the general accounting of all entities, including overheads and inter-entity reinvoicing transfer Pricing Agreements
· Perform and/or control the accounting and tax classification for overheads, pay-roll and employee benefit expenses, depreciation and amortization on tangible and intangible assets including potential impairment or write off
· Calculation, booking and integrity checks related to IFRS16 Calculation
· Profit & Loss analysis by general ledger accounts and cost centers, providing analytical reviews for the different stakeholders
· Provide Finance supervision & completion on first line of defense controls performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools related to Corporate Accounting & Expenses
· Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)
· Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:
- Ensuring prompt resolution and follow-up of questions / requests for information
- Escalating problems/issues to the team leader and/or head
Providing quality service to other teams
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
· Participate in the assessment of the current operating model and in the implementation of action plans to achieve the defined target operating model
· Participate in the upgrades/version releases of respective reporting tools
Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness
Technical & Behavioral Competencies
Soft Skills and behaviors
· Effective analytical, organizational, and problem-solving skills
· Ability to learn new systems and products quickly
· Strong communication skills, both written and verbal
· Self-starter and team player, able to work independently and collaboratively with various teams in a matrix organization and deadline-focused environment
Methodologies, Tools & Technologies
· Business Objects
· SAP/Oracle knowledge a plus
· Excel (including pivot tables, VLOOKUP, SUMIF)
· Programming knowledge a plus
Specific Qualifications (if required)
Client focused
Ability to deliver / Results driven
Organizational skills
Ability to share / pass on knowledge
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to develop and adapt a process
Ability to set up relevant performance indicators
Ability to develop and leverage networks
Ability to understand, explain and support change
Education Level:
Master Degree or equivalent
Experience Level
At least 3 years
Other/Specific Qualifications (if required)
Fluent English, Fluent French. Spanish or Portuguese is a plus.
About BNP Paribas Group
