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 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 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/BOW Finance teams across the geographies. It is organized by 7 work streams and provides services across 29 countries

Job Title:

AM - Cost Monitoring Officer

Date:

Feb 2024

Department:

Financial Shared Service

Location:

Mumbai

Business Line / Function:

Finance

Reports to:

(Direct)

Rashmi Rao

Grade: 

(if applicable)

Assistant Manager

(Functional)

Number of Direct Reports:

None

Directorship / Registration:

NA

Position Purpose

The main objective of the Cost Monitoring Officer is to support the EMEA CO3 Cost Monitoring understanding their costs and assisting them in the definition of their Forecast/ Budget. 

The officer will be also participating in re-invoicing process. Additionally, the officer will be in charge of identifying and implementing some smart saving initiatives

Responsibilities

Direct Responsibilities

§  Costs and budget definition & control

§  Control, Assist and Report the actual expenses figures 

§  Identify Smart Saving initiatives

Contributing Responsibilities

§  Role will also require an individual to work with Transition management team on projects, billing and other transition related deliverables i.e. create presentations for senior management, provide support on creating RACI, TOM, project plans etc. 

§  Track project performance, specifically to analyze the successful completion of short- and long-term goals 

§  Preparing weekly/ monthly dashboards and provide update to senior management highlighting current progress, risks, challenges and dependencies to relevant stakeholders

§  Ensure documentation of all tasks, activities using standard templates and maintain repository for future references 

Technical & Behavioral Competencies

§  Analytical skills, ability to prioritize, strong analytical mindset, curious and deadlines respect.

§  Communication skills (good interpersonal communication, teamwork and adaptability).

§  Proficient in Microsoft Office Suite (Excel, PowerPoint, Word), and knowledge in BI tools (Alteryx and/ or Power BI) will be a plus

§  French is a plus.

Specific Qualifications (if required)

§  University Graduate or Master Degree in Accounting, Finance or Engineering Degree.

§    7 yearsof experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms.

§  Experience of working in international environment appreciated.

§  Proficient in Microsoft Office Suite (Excel, PowerPoint, Word), and knowledge in BI tools (Alteryx and/ or Power BI) will be a plus

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Client focused

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Communication skills - oral & written

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to inspire others & generate people's commitment

Ability to develop and leverage networks

Ability to develop and adapt a process 

Education Level: 

 Master Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)