AM SMS BP EMEA

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 24×7 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:

The Subject Matter Stream is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities, including the recording of revenue arising from transactions from various activities including Global Market, Global banking activities and Financing activities.

Job Title:

Asst Manager

Date:

2024

Department:

Subject Matter Streams

Location:

Mumbai

Business Line / Function:

FSS

Reports to:

(Direct)

VP

Grade:

(if applicable)

–

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose

Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned products or transversal scope.  When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.

Responsibilities

 

Direct Responsibilities

Accounting & Control Functions

Banking Products is in charge of all financials topics linked to customers’ banking products – credit & cost of risk, payments, deposit, customer securities, fees, other provisions, related sundry accounts, etc.

ü  Measure and book the required adjustments in accounting to ensure completion and accurateness through all reporting axes, including the segmented axis

ü  Review & perform the Suspense Provisioning and the rest of legal and tax provision

ü  Calculation, booking and integrity checks related to IFRS9 Impairment Calculation

ü  Manage the cost of risk processing

ü  Ensure the oversight of accounting controls performed by Banking Products Operations based on their monthly control results & quarterly sub-certification

ü  Control and analyse the data that contribute to the regulatory reporting (Matisse allocations, BMRC feeding, Accounting to Risk reconciliation, Local regulatory reports, non-standard feeds,….) & the disclosure production

ü  Provide Finance supervision & completion on LoD1 control performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools related to Corporate Accounting & Expenses

ü  Providing support to Back and Middle offices in all the accounting aspects required

ü  Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)

ü  Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:

o   Ensuring prompt resolution and follow-up of questions / requests for information

o   Escalating problems/issues to the team leader and/or head

Providing quality service to other teams

Contributing Responsibilities

Projects, Systems Support, Operational Process Improvements

ü  Participate in the Tac/Nac process

ü  Participate in the upgrades/version releases of respective reporting tools

ü  Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness

 

Other functions

ü  Observe the bank’s policies and procedures

ü  Assist in any special project or request as directed by management

Technical & Behavioral Competencies

Training and occupational experience

·       Knowledge of Banking products is desirable

·       Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset) 

·       IFRS9 impairment calculation knowledge will be a plus

·       High proficiency in computer skills and data analytics

·       Up to 3 years experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms

• Experience of working in an international environment appreciated

Methodologies, Tools & Technologies

·       Business Objects

·       Excel (including pivot tables, VLOOKUP, SUMIF)

·       Programming knowledge a plus

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Communication skills – oral & written

Ability to synthetize / simplify

Ability to collaborate / Teamwork

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to anticipate business / strategic evolution

Ability to develop and adapt a process

Ability to manage a project

Ability to inspire others & generate people’s commitment

Education Level:

Master Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)