Finance Controller – AVP/VP

February 13, 2024

Finance Controller – AVP/VP


  • Standard / Permanent
  • IN-MH-Mumbai
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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:

ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB Finance teams across the geographies. It is organized by 6 work streams and provides services across 29 countries.

Territory Fronting (CFO Support) – Territory Fronting team supporting APAC Finance is based in the APAC Nearshore centre at ISPL. The team provides support and assistance to APAC Local CFOs and their respective entities local finance teams on all topics and dimensions as a financial controller and other transversal topics. Territory fronting team comprises of Financial Controllers responsible for a country/ entities.

Job Title:

Vice President




Finance Shared Services



Business Line / Function:


Reports to:


Head – Territory Fronting


(if applicable)

Vice President (VP1/VP2)


Number of Direct Reports:


Directorship / Registration:


Position Purpose

Financial controller is appointed within the Country Fronting Team to establish the main link between the local CFOs and ISPL Nearshore hub. The Financial controller works in close cooperation with the local CFO.

· Prime reviewer of the financial information and Controls restitutions produced by ISPL Nearshore hub for each entity, before their delivery to the Group and/or the local Finance teams. The capacity of the local CFO to sign the internal certification is enabled by the action of the Financial Controller who provides him the good level of synthesis to allow him to gain the sufficient comfort to engage his accountability.

· Point of contact for ensuring ISPL Nearshore hub contribution to local projects sponsored by the local Finance teams and / or Business Lines

· Coordinates the TAC/NAC contribution of ISPL Nearshore hub

· Supports local finance teams in the Fronting with Local Management & Local Business lines ensuring that all reporting produced at business line / client level are delivered on time and with consistent quality.



Direct Responsibilities


§  Periodic meetings with onshore CFO encompassing key finance topics:

·       Analysing and supervising Financial Statements and Integrated view of Financial Accounting vs Management Accounting.

·       Overseeing monthly, quarterly, and annual closings.

·       Performing analytical review by business line and deliver strategic advice based on the data

·       Participating in all local business activity, committees and local management support in partnership and as required with CFO.

·       Assisting in presenting data and reports and support decision making where appropriate to achieve budget, target and strategies.

·       Ad-Hoc requests and investigations.


§  Supports delivery of Financial Reporting outputs actively collaborating day-to-day both in production and during the budget processes:

·       Financial Review Paper (FRP) – Financial Statements Analysis.

·       Management Accounting Detail Review (MADR) – Integrated view of Financial Accounting vs Management Accounting.

·       FACT certification – Proactive support and back up to onshore CFO for FACT sign off.

·       Budget & Forecast – Participate to the country level Budget process.

·       Any other reporting to meet the CFO/Business requirement.


§  Acting as the FSS APAC Nearshore Single Point of Contact (SPOC) for country related matters arising from but not limited to:

·       Accounting Controls

·       CIB Financial Accounting and Reporting Team

·       CIB Management Accounting and Reporting Team

·       Regional Fronting

·       Local Finance CFO

§  OFS implementation

·       Adherence to OFS roll-out schedule initiated by the Region with adequate supervision over contributors

·       Steer execution of SLA between ISPL & client entity.

·       Responsible to Orchestra roll out with an adequate understanding of Local Finance organization, Process Qualification analysis & agreement with LF, FTE assessment and resourcing.

·       Supervise and monitor knowledge transfer to FSS, training logistic, SMS deep dive sessions, process documentation adaptation, phases of shadow production & parallel run.

·       FRP/MADR report setup coordination with Fresh IT teams.

·       Handle relationship with senior stakeholders.


•        Financial Controller (FC) to be conversant with business plans, regulatory framework, projects and any other specificities of the entity under control. Familiarity with local regulatory financials, cost structure and suggest cost saving initiatives, if any.

•        Lead the month end closing process to ensure all critical points are addressed effectively 

•        Active participation in various Governance meetings with status update on OFS implementation (Target General Ledger)

•        Oversee the Change Finance activities and processes and Coordinate CoM to ToM transition.

•        Oversee the transition to NS – Subject Matter stream with review and assessment of PQ and FTE

•        Post full Go live on OFS, monitor the KPI’s and ensure compliance to defined Governance. Ensure all tactical solutions agreed during Go live are tracked for a permanent solution

Contributing Responsibilities


•        Effective stakeholder management covering FSS, Onshore and Regional members with regular connect

•        Familiarity with accounting processes to ensure accuracy in financial operations

•        Ability to work collaboratively with all accounting teams viz. SMS, FS, LF & APAC Regional

Technical & Behavioral Competencies

Finance Skills/Expertise:

•        Expert in Financial Accounting, Controls & Reporting

•        Provide accurate and timely financial analytical overview to all stakeholders

•        Ability to assess and manage financial risks

•        Understanding of banking products, regulations and it’s financial accounting requirements

•        Familiarity with accounting processes to ensure accuracy in financial operations

Technical Proficiency:

•        Ability to plan and execute financial projects, ensuring deadlines and objectives

•        Understanding of OFS system, databases, and technology infrastructure for data analysis, reporting.

•        Ability to avail advanced functions and features of technology for reporting and analysis

•        Ability to plan and execute financial projects, ensuring deadlines and objectives

•        Strong verbal and written communication skills to convey complex financial information


•        Keen eye for detail

•        Ability to work with global teams

•        Good team player and collaborator

•        Strong communication    

•        Willingness to work within stringent timelines and with agility to multi-task

•        Analytical and problem-solving skills

Specific Qualifications (if required)

CA with 10-12 year experience in Finance Controller/Dy CFO role.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Ability to deliver / Results driven

Client focused

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to anticipate business / strategic evolution

Analytical Ability

Ability to develop and adapt a process

Choose an item.

Education Level:

Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)

§  CA/CPA/ACCA or equivalent with minimum 10 years of experience in controllership roles or in at least several of the following disciplines preferably within a financial institution – financial accounting and control, financial planning and analysis, management reporting, budgeting, audit (internal/external), compliance and risk management positions

§  Good accounting knowledge of banking products/activity

§  In-depth knowledge of generally accepted accounting principles/IFRS, and a good understanding of regulatory environment and tax accounting principles applicable in Banking eco-system

§  Strong understanding of financial and operational risk control requirements to ensure that financial systems in place are compliant and continuously monitored

§  Good communication (oral and written), organisation and documentation skills.

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