Fund Accountant – Lisbon and Oporto
BNP Paribas is a leading European bank with an international reach. It has a presence in 73 countries, with more than 192,000 employees – including more than 146,000 in Europe and over 4,000 in Portugal alone.
BNP Paribas is present in Portugal since 1985, having been one of the first foreign banks to operate in the country. Today, BNP Paribas has several entities operating directly in this territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Worldwide, 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, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
ROLE AND RESPONSABILITIES:
· Booking of Transaction
o Controlling and booking of business transactions, which are not centralized (e.g. securities, listed derivatives, spot- and forward transactions, dividends, coupons, subscriptions and redemptions)
o Ensure that all transactions are integrated within the Fund Accounting System via existing interfaces
o Controlling of static data at security level and request adjustments if needed (e.g. interest rates, pool factors, payment dates, etc.)
· Cash Reconciliation
o Daily reconciliation of cash accounts and escalation of issues
o Reporting of debit balances or missing settlements
· Position Reconciliation
o Daily reconciliation of securities and financial instruments with custody or broker statements
o Ensure the daily reconciliation of events between Fund Accounting System, Custody System and WM
o Explanation of differences between Fund Accounting System and Custody System, escalation of issues
· NAV Calculation
o Daily net asset value (NAV) calculation
o Ensure payment and correct calculation of fees payable by the fund (management fees, custody fees, asset manager fees)
o Daily NAV check and validation
· NAV Reconciliation
o NAV reconciliation within the agreed deadline
o Investigation and tracking of issues
o Confirmation of price per share to be published
· At least 3 years of experience in Fund Accounting
· Experience in the Banking, Insurance and/or Financial industry is a plus
· Being customer-oriented
· Diligence and precision
· Ability to analyse
· Fluent in English (mandatory)
· German and Italian is a plus
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients
Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.