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:

The Subject Matter Stream is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities, including the recording of revenue arising from transactions from various activities including Global Market, Global banking activities and Financing activities.

Job Title:

Asst Manager

Date:

2024

Department:

Subject Matter Streams

Location:

Mumbai

Business Line / Function:

FSS

Reports to:

(Direct)

VP

Grade: 

(if applicable)

-

(Functional)

Number of Direct Reports:

Directorship / Registration:

NA

Position Purpose

Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned products or transversal scope.  When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger. 

Responsibilities

Direct Responsibilities

Accounting & Control Functions

Banking Products is in charge of all financials topics linked to customers’ banking products .

ü  Prepare and book daily/monthly entries (Accrual, MTM booking, etc.)

ü  Enforce controls and ensure that balance sheets are in balance; prepare balance sheet reconciliation schedules.

ü  Prepare reconciliation between source and general ledger and identify gaps.

ü  Review daily transactional account activity/daily ledgers for posting errors and back-value transactions.

ü  Review ledgers and perform account and transaction analysis for a set of entities 

ü  Analyze, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding revenue/balance sheet items, highlighting trends, and following up on questions/ concerns

ü  Prepares month-end substantiation packages for multiple legal entities.

ü  Ad-Hoc Requests (profit center creation) / Intra day. 

ü  Assists with audit requests from External Audit, Regulators and internal control teams.

ü  Update and review mapping tables

Reporting and Analysis

ü  Performs financial reporting, analysis, and related activities for multiple legal entities from various activities including Global Market activities, financing activities. 

ü  Assist in preparing financial statements (US GAAP and IFRS).

Contributing Responsibilities

Projects, Systems Support, Operational Process Improvements

ü  Participate in the upgrades/version releases of respective reporting tools as well as system amendments/enhancements required to facilitate new/modified reporting requirements.

ü  Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness. Also assist in integrating and streamlining the reports under the team’s responsibility

Other functions

ü  Observe the bank’s policies and procedures. 

ü  Assist in any special project or request as directed by management.

Technical & Behavioral Competencies

Training and occupational experience

·       Knowledge of Banking products is desirable

·       Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP (an asset)

·       High proficiency in computer skills and data analytics

·       Up to 5 years’ experience in Finance within the Banking sector (Financial Accounting, Reporting, Business/financial analysis), including audit and consultancy firms

·       Experience of working in an international environment appreciated

Methodologies, Tools & Technologies

·       Business Objects

·       Advance Excel 

·       Programming knowledge a plus

Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Communication skills - oral & written

Active listening

Ability to collaborate / Teamwork

Transversal Skills: (Please select up to 5 skills)

Analytical Ability

Ability to anticipate business / strategic evolution

Ability to set up relevant performance indicators

Ability to manage a project

Ability to inspire others & generate people's commitment

Education Level:   Master Degree or equivalent

Experience Level: At least 3 years

Other/Specific Qualifications (if required)

·       Chartered Accountant

·       Financial Service Accounting experience