Back to offers list
We are looking for

Associate Level 1

Job type
Permanent
Schedule
Full time
Brand
BNP Paribas India Solutions
Study level
MBA
Sorry, this position is already filled
Last update 31.08.2024
About BNP Paribas Group:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions
About Businessline/Function :
Financial Accounting and Reporting 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
Job Title: Associate Level 1/ Associate Date: 2021 Department: Financial Accounting & Reporting Location: Mumbai
Business Line / Function: Finance Shared Services Reports to: Lead Grade: (if applicable) Number of Direct Reports: n/a Directorship / Registration: n/a
Position Purpose The 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. Responsibilities Direct Responsibilities Accounting & Control Functions ? 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. Reporting and Analysis · · 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). Contributing Responsibilities Contributing Responsibilities · 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 procedures · · Assist in any special project or request as directed by management Technical & Behavioral Competencies CA/Inter CA/PCC/IPCC/MBA Specific Qualifications (if required) ? Ability to deliver excellent results within the established timeframes while managing multiple priorities · ? Strong attention to detail · ? Excellent analytical and self-motivational skills · ? Strong communication skills, both written and verbal · ? Self-starter and team player, able to work independently and collaboratively with various teams in a deadline-focused environment
Skills Referential Behavioural Skills: (Please select up to 4 skills) Ability to collaborate / Teamwork Attention to detail / rigor Active listening Choose an item. Transversal Skills: Ability to anticipate business / strategic evolution Analytical Ability Choose an item. Choose an item. Education Level: Master Degree or equivalent Experience Level 0-2 Other/Specific Qualifications (if required) CA/Inter CA/PCC/IPCC/MBA Financial Services accounting experience

Discover the different professions within BNP Paribas: Corporate finance

Corporate Finance includes all BNP Paribas internal financial management roles, which are essential for maintaining the Group’s strength and leadership in its markets.

Find out more

Why should I apply?

Basically, why would you want to join BNP Paribas over any other company?

BECAUSE YOU'RE THE KIND OF PERSON WHO WANTS...

  • What if we told you that working in our Group isn’t quite what you might think? At BNP Paribas, we do a multitude of different jobs that are constantly evolving to meet the expectations of our clients and society as a whole. Whether through everyday tasks or major projects, doing one of our jobs means making a personal commitment to taking sustainable action.

  • Feeling good about your job means bringing your whole self to work and being who you are. It’s also about having the resources you need to achieve a healthy work-life balance. Both of these are major commitments at BNP Paribas.

  • At BNP Paribas, developing your skills is as important to us as it is to you. And the skills you learn with us will help you through the rest of your working life.

Find out more