Senior Associate – Accounts Payable (BNP NET London)

Job Description – Finance Operating Platform

About BNP Paribas Group:

BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe 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 6000 employees, to provide support and develop best-in-class solutions.

About Business line/Function :

Financial Operating Platform :

Strong presence in 27 countries across the globe with a proven track record of delivering quality service, within the expected Turn Around Time ( TAT) and with ability to challenge Status Quo and share Best Practices

1.      Intercompany invoicing

2.      Procurement – Purchase Orders and Telecom management

3.      Accruals Management

.

Job Title:

Senior Associate – Accounts Payable

Date:

2023

Department:

Finance Shared Services

Location:

Mumbai\Chennai

Business Line / Function:

CIB

Reports to:

(Direct)

AVP

Grade:

(if applicable)

 NA

(Functional)

Number of Direct Reports:

 NA

Directorship / Registration:

NA

Position Purpose

·       The Jobholder is responsible for timely raising of Purchase Orders; maintaining circuit database, raising Intercompany Invoices to customers & follow up on Debtors with ageing greater than 60 days.

·       Validation of supplier Invoices basis of the rate chart and SLA

Responsibilities

Direct Responsibilities

·       Validation of Accounts Payable invoices (PO & Non PO Invoices) in System

·       Creation of Purchase Orders

·       Creation of Circuits & maintaining of circuit Inventory in system

·       Raising of Interco Invoices in Accounts Receivable tool

·       Reconciliation of payment receipts & Invoice settlements in Accounts Receivable tool

·       Monthly follow up on the payments for aged Debtors

·       Quarterly sharing VAT input data to Tax team

·       Should able to manage Audit and Client’s query & should provide them solutions to their issues

·       Maintain accuracy for all activities and perform within agreed timelines

           

Contributing Responsibilities

·       Willingness to take initiatives and take ownership of work

·       Have the ability to think creatively on process improvements

·       Stakeholder management

Technical & Behavioral Competencies

·       Good knowledge of excel

·       Good analytical skills

·       Strong accounting skill

·       Prior experience in SAP PO Module

·       Comfortable with office tools (MS Word, Ms Excel, Outlook)

Specific Qualifications (if required)

·       B.Com , M.Com

Skills Referential

·       Behavioural Skills: (Please select up to 4 skills)

·       Communication skills – oral & written

·       Ability to synthetize / simplify

Choose an item.

Decision Making

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to understand, explain and support change

Ability to develop and adapt a process

Choose an item.

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 3 years

Other/Specific Qualifications (if required)