We are looking for

Senior Associate - Intercompany

Last update 11.07.2025

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:

Subject Matter streams team is a team with expertise in :

1. Financial reporting through IFRS and FGAAP, for complex entities/ equity product including Statutory Financial Statements preparation, Management papers and Taxation.

2. Financial accounting for equity and various products/entities. 

3. Intercompany reconciliation between BNPP head office and its branches.

Job Title:

Senior Associate - SMS– SPOF

Date:

2025

Department:

Subject Matter Streams

Location:

Mumbai 

Business Line / Function:

Finance Shared Services 

Reports to:

(Direct)

Manager SMS SPOF 

Grade: 

(if applicable)

-

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose

The main responsibilit of SMS SPOF team is of month end closing along with providing oversight and control over day-to-day transactions, operations and activities required for the daily activities, They will ensure that reconciliation breaks are investigated, understood and a GL impact assessment completed to determine whether the GL requires adjustment for the monthly closing. In addition, remediation action required must be documented and appropriate action taken to oversee any required changes to the reconciliation process or the General ledger.

Direct Responsibilities

A. Accounting & Control Functions

1.  Assist in Stakeholder management and people management. 

2. Support in conducting preclosing and debrief meeting with client

3. Prepare and book daily/monthly entries (Accrual, MTM booking,operations etc.)

4. Review daily transactional account activity/daily ledgers for posting errors and back-value transactions

5. Review ledgers and perform account and transaction analysis for a set of entities.

6. Review and account transfer of results of the subsidiaries, branches and the Head office,

7. Review and account all the fund repatriations between all the branches and the Head office,

8. Review and account dividend payment by various entities.

9. Assists with audit requests from External Audit, Regulators and internal control teams.

10. Update and review mapping tables.

11. Perform Financial Statements analysis for each entity.

B. Reporting and Analysis

1.Performs equity and securities reporting as per IFRS and French GAAP for multiple legal entities including Head office and its branches.

2. Preparing financial statements (US GAAP and IFRS).

3. Preparation of various management reporting and analytical review commentary of the movements.

C. Reconciliations

1. Enforce controls and ensure that all the assets, liability equities and income statement are in reconciling; prepare balance reconciliation schedules.

2. Prepare reconciliation between source and general ledger and identify gaps.

3. 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.

4. Prepares month-end substantiation packages for multiple legal entities.

5. Reconciliation of branches fund repatriations and result allocation reporting with its head office reporting.

6.Accounting and reporting reconciliation result allocation, repatriations balances and dividends with Its relevant supporting for various entities. 

Others :

• Perform the Regional competence center Intercompany Processes along with supporting the head

• Drive the production of the Financial and Management accounting for a business unit (entity or business line)

• Build the coordination and governance between Platforms and Regional Finance teams for efficient delivery and optimal set up

• Engage with the Finance Controllers to discuss financial and management accounting results, trend and variances

• Promote the OFS processes and usages from the financial and management accounting, controls and reporting perspective, in close coherence with the F&S practice

• Prepare the Standard Operating Processes (SOP’s) for productions teams to follow in the target operating model

• Perform account activity/ ledgers for accuracy of financial data and drive timely and accurate inter-company reconciliations

• Build a strong control environment as defined by the BNP Paribas Standard Accounting Control Plan and ensure a strong level 1 control framework

• Engage with External Audit, Regulators and internal control teams and drive the resolution of their queries

•Execute the BCM responsibilities for respective team/business:

•Define and implement proper permanent controls on BCP activities on their scope

Contributing Responsibilities Change Management ·

1.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 troubleshooting after deployment.

2.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

3.Observe the bank’s policies and procedures

4.Assist in any special project or request as directed by management g

Technical & Behavioral Competencies

1.Knowledge of IFRS and US GAAP reporting and analysis experience in a medium to large organization. Experience in financial reporting and analysis includes preparation of US GAAP and IFRS financial statements and financial reports for senior management.

2.Basic Corporate Banking product knowledge

3.Ability to obtain and maintain a thorough understanding of the general ledger structure and financial reporting

4.Ensure an accurate and timely monthly, quarterly and year end close

5.Work with the Controller to ensure a clean and timely year end audit

6.Support Controller with special projects and workflow process improvements

7.Ability to learn new systems and products quickly

8.Knowledge of business desktop applications (MS Outlook, Word, and PowerPoint)

9.Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)

10.Effective analytical, organizational, and problem-solving skills

Specific Qualifications (if required)

· 5+ years’ experience of financial and/or management accounting experience

· 5+ Chartered Accountant or 7+ experienced MBA or Semi Qualified CA

·  IFRS or US GAAP experience preferred

·  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 deliver / Results driven

Attention to detail / rigor

Communication skills - oral & written

Client focused

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to develop and adapt a process 

Ability to develop and adapt a process 

Ability to understand, explain and support change

Choose an item.

Education Level: 

 Master Degree or equivalent

Experience Level

Indifferent

Other/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













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