The bank for a changing world

We are looking for

Insurance Accounting – Lisbon and Oporto

Contract

Standard / Permanent

Location

PT-11-Lisbon

Country

Portugal

Job function

FINANCE ACCOUNTS ET MANAGEMENT CONTROL

Apply REF: 1811CIBIA1211


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:


  • Ensuring the accounting management of an institutional mandate

    • Ensure that the completeness of the investments is recorded

    • Guarantee the correct application of the announced securities transactions on the portfolio securities as of the effective date

    • Guarantee the reconciliation of positions with different custodians, treat and justify outstanding items with the custodian and the liability manager: cash, securities,

    • Control the prices used for valuation

    • Valuation of positions in accordance with the rules enacted in this area (update of the income statements, provisions - ASD - capitalization reserve - Unit Linked Insurance adjustment)

    • Ensure registration of fixed and variable manual management fees (depending on the customer)

    • Maintain the relationship with the various intermediaries

    • Conform the income receipts of the Balance Sheet with the monthly histories provided by the Custodian

    • Ensure the classification of all accounting documents and their archiving

    • Comply with the Corporate Code of Conduct and internal procedures

    • Check the consistency of the different data contained in the reports

    • Participate in supporting the activity and production projects

    • Implementation of new financial instruments in the operational circuit

    • Integration of new customers and new financial intermediaries

    • Establishment of new fund structures or changes in the functioning of funds in the production process

    • Justifications of the accounting balances of auxiliary accounting with inventories or management reports


  • Guarantee the reliability of customer reporting

    • Ensure the preparation of contractual and regulatory monthly, quarterly and annual reports

    • Ensure the preparation of management reports

    • Ensure the preparation of reports according to French standards

    • Ensure the preparation of tax reports

    • Ensure the preparation of reports according to IFRS standards

  • Contribute to the continuous improvement of the quality of our services

    • Identify and report anomalies

    • Participate and be a driving force in the realization of projects related to the accounting profession

    • Immediately implement the necessary curative actions in collaboration with his/her team leader

    • Take a critical, constructive look at the procedures and indicators put in place

    • Propose improvement actions internally and participate in their implementation

    • Contribute to the respect of quality commitments


PROFILE:


  • At least 3 years of experience in Accounting and/or Securities and/or Insurance products

  • Experience in the Banking, Insurance and/or Financial industry is a plus

  • Organized

  • Being customer-oriented

  • Diligence and precision

  • Ability to analyze

  • Fluent in English (mandatory)


 


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.


 


Primary Location: PT-11-Lisbon Job Type: Standard / Permanent Job: FINANCE ACCOUNTS ET MANAGEMENT CONTROL Education Level: Bachelor Degree or equivalent (>= 3 years) Experience Level: At least 3 years Schedule: Full-time