Associate Level 1 - Mumbai, India - BNP Paribas

BNP Paribas

Verified Company

Mumbai, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

ASSOCIATE LEVEL - FS P&L SMR (

JOB NUMBER:
PER000450)
***
Job Description - FS P&L SMR

About BNP Paribas Group:

Worldwide, BNP Paribas has a presence in 74 countries with more than 190,000 employees.

It 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.

In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860.

Currently with over 15,000 employees* and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach.

With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center.

We partner with various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.

About Business Line/Function:

Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.

Job Title:

Associate Level 1

Date:

Department:

FS P&L SMR

Location:

Mumbai

Business Line / Function:

CIB Finance

Reports to:

- (Direct)_

Grade:

(if applicable)
- (Functional)_

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose
The jobholder will be responsible for review of timely and accurate management accounting and reporting.

He / She will work to ensure the accuracy of financials reported by business line, region and report profitability at a detailed level to facilitate decision support.

All local reporting is performed in accordance with relevant and applicable rules and principles, requirements within the deadlines set forth, with complete audit trail to follow.

Responsibilities

Direct Responsibilities

Management Accounting & Control Functions

Perform and review management accounting activities for the month end closing and ensure reconciliation with financial accounting for the defined scope
Prepare and review high quality management reports for regional financials of various business lines and functions on a monthly basis
Ensuring proper controls over technology cost allocations to business line and in line with relevant allocation methodologies and basis provided by business from time to time.
Monitor financials trend and comparison with Budgets, liaise with accounting teams to understand main drivers of material variances
Maintain referential and database for the financials, which is the source for all reporting
Perform and review local/regional budgeting/forecasting activities in liaison with PM/business counterparts
Business partnering with key stakeholders on regular basis and monthly review with senior management to discuss business performance
Coordinate with Local managers, Regional PM and local Finance Teams for month end reporting changes as maybe required
Active participation in the reporting transformation project as per new architecture and review of regional offshored tasks
Manage Adhoc and responses to auditors/regulators queries

Contributing Responsibilities

Projects, Systems Support, Operational Process Improvements

Identify improvements opportunities in production, control and workflow to increase efficiency and effectiveness
Perform Level 1 controls and contribute towards a robust operational permanent control framework in line with Group requirements
Participate and take the lead in driving projects and system upgrades including UAT and trouble shooting

Technical & Behavioral Competencies

Prior knowledge of investment banking, management accounting concepts, methodologies and rules
Excellent PC skills; ability to learn new systems quickly
Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)
Working knowledge and understanding of Smartview/Essbase and MS Access desirable

Specific Qualifications (if required)

CA preferred or MBA Finance

Skills Referential

Behavioural Skills:

Strong communication skills - oral & written

Strong achievement drive with ability to work independently and collaboratively with various teams to ensure optimal work is done in a deadline focused environment

Building a high performance team with strong management skills

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Transversal Skills:

Ability to