Associate Level 1 - Mumbai, India - BNP Paribas

BNP Paribas

Verified Company

Mumbai, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

ASSOCIATE LEVEL 1 (

JOB NUMBER:
PER000461)

***
Job Description - Revenue/ Expense - FS P&L

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 190,000 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 24x7 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 Businessline/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/BOW Finance teams across the geographies. It is organized by 6 work streams and provides services across 29 countries.

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

Job Title:

**Associate

Date:

Department:

Revenue/ Expense - FS P&L

Location:

Mumbai/ Chennai

Business Line / Function:

CIB Finance

Reports to:

- (Direct)_

Manager

Grade:

(if applicable)
- (Functional)_

Number of Direct Reports:

Nil

Directorship / Registration:

NA

Position Purpose

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

Responsibilities

Direct Responsibilities

Management Accounting & Control Functions

Manage / perform reconciliation and control checks between revenues in management accounting & financial accounting systems
Manage / perform adjustments in management accounting system for correct management reporting
Ensure monthly revenues reporting (Flash/Actuals) & other related management reporting (Cost of Risk/European Central Bank reporting/etc) to Head Office are completed within preset deadlines
Prepare monthly management reports & other related management reporting within preset deadlines
Work closely with regional Meter PMs / Country PMs and Head Office Finance in analysing business performance
Manage the production process of budget and forecast exercises following HO and Regional PM guidelines
Provide analysis and response to questions raised by HO Finance / Regional Finance / internal management
Ensure the figures reported by the team are accurate and compliant with Head Office Management Accounting rules and principles
Update, maintain and advise on monthly system parameters & referential (i.e. mapping tables) for management reporting
Manage adhoc assignments as requested by HO Finance / Regional Finance / internal management.
Perform sanity checks / highlevel reviews of monthly and quarterly reports, raising questions to the senior reporting analysts for further investigation
Review process documents and keep the procedures for production of all reporting tasks uptodate

Contributing Responsibilities

Projects, Systems Support, Operational Process Improvements

Assist in identifying process improvements in production, control procedures, and workflow organization to increase the team's efficiency and effectiveness
Participate in the upgrades / version releases of respective reporting tools, as well as system amendments / enhancements required to facilitate new / modified reporting requirements. In connection with this effort, assist in user acceptance testing and troubleshooting after deployment.
Help formulate system enhancements for operational process improvements in production, control procedures and workflow to increase efficiency and effectiveness. Assisting in integrating and streamlining reporting under the team's responsibility.
Provide crosstraining to colleagues and perform spe