Task Purpose
CIB Finance Japan is committed to be a valued Business Partner to the Métiers and other Functions in their daily business activities and development plans by providing them with timely and high quality financial information to make informed business decisions to effectively achieve their strategic goals.
In CIB Finance, Financial Reporting team is in charge of:
The Finance function achieves its mission by:
- Manage the accounting closing of Securities company and Bank branch in collaboration with the offshore Finance team
- Oversight Head Office Reporting under IFRS performed by offshore service center
- Local regulatory reporting under broker dealer and banking license
- Local statutory reporting under JGAAP
- Tax computation and support for tax filing
- Financial analysis, monitoring of revenue and costs including internal reporting for the entity
- Define accounting treatment for new products
- Maintaining sound permanent operational control systems.
- Monitor prudential capital ratio and liquidity (relevant to BNPP Securities Japan only), and submit financial information to the supervisory authorities.
- Fostering a culture of active collaboration and communication with the Business and other Functions.
Key Responsibilities
Direct Responsibilities
For Bank Tokyo branch,
- Close the monthly ledger while ensuring proper controls, conducting essential reconciliation and maintaining the accuracy of the general ledger
- Prepare local regulatory reports in accordance with JGAAP and Banking Act etc
- Perform various controls built within the accounting and reporting processes, and contribute to the application of BNPP accounting control plan
- Ensure proper documentation of procedures and controls are in place
- Provide financial analysis and presentation to the CFO and stakeholders including revenue and cost monitoring/analysis/internal reporting by business lines and clients
- Participate in projects linked to financial reporting including reporting systems and tool
- Assess potential enhancements and operational process improvements in production, control procedures, and workflow organization to increase the work’s efficiency and effectiveness
Contributing Responsibilities
- Contributing to BNPP operational permanent control framework and the Department’s efficiency and productivity
- Contributing to cross border / company‐wide / ITO projects
- Ensure good coordination and communication with the CIB Financial Reporting teams in the Region
- Sharing information with other sections for efficiency of their operations
Competencies (Technical / Behavioual)
Essential Qualification and Experience
- Extensive accounting knowledge of IFRS and JGAAP, and tax accounting rules
- Understanding of banking products
- Native in Japanese and good verbal and written communication skills in English
- Excellent computer skills, especially in advance Excel to manage large volume of data
- Minimum 5 years of experience in financial accounting and reporting in banking business or financial institution
Highly Desirable Skills
- Self-starter, disciplined, independent, and highly motivated
- Eager to learn and strong initiative to improve controls, documentation and efficiency
- Collaborative and aspire to contribute to team and organization
- Analytical skills with systematic approach to solve issues and interpret financial information
- Deadline focused, with the ability to manage multiple deadlines under time pressure
- Presentation to Finance management on accounting and reporting topics
- Sufficient understanding of financial and operational risk control requirements to ensure that financial systems in place are compliant and continuously monitored
- Team-oriented mindset and communication skills. Efficiently be able to work within a team and interact with various stakeholders including reporting to managers.
Specific Qualifications Required
- CPA or equivalent qualification - preferred
