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General Information

Ref #
111111111111751
Country
India
Region
Maharashtra
City
Mumbai
Contract type
Permanent
Professional Family
F21 - COMPLIANCE

Description

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.



The position of AVP / VP – Financial Control is a supervisory position, responsible to ensure that the day-to-day operations of the functions are undertaken as per designed processes and resultant controls are carried out to demonstrate high levels of personal integrity in the conduct of the affairs of the function.

The person acts as a mentor to the team, guiding the team members and nurturing talent to effectively manage the function to carry out the activities as planned.

 

Direct Responsibilities

 

1.      Responsible for drawing up accounts of the Company as per applicable regulations and basis IND AS

2.      Providing guidance on Financial Accounting to the team on an ongoing basis.

3.      To assist in compliance and tax teams by sharing information related to statutory and regulatory compliance and regulatory audits.

4.      To contribute to various projects undertaken on an ongoing basis, especially automation and process improvement projects

5.      Manage the Nostro Reconciliation and ensure timely closure of breaks.

6.      Ensure smooth month end closure and adherence to all Head office reporting requirements as per IFRS requirements 

7.      Handle Statutory & other audits and ensure smooth completion of audit with no major findings.

8.      Prioritize the work and conduct investigation with due diligence on all the discrepancies.

9.      Preparing the Board presentation on quarterly basis

10.   Attending to routine and ad-hoc requests for data from Senior Management.

 

Contributing Responsibilities

1.      Assist in Monthly closure of books including financial statements preparation.

2.      Assist in closure of Receivable related accounting and reporting on monthly basis

3.      Assist in smooth closure of Monthly & Quarterly activities & timely reporting to HO

4.      Assisting in all Compliance related filings

5.      Assisting in preparation of Senior Management Dashboard / Board Packs

6.      Assist in analyzing the Revenue/Expenses variance on a monthly basis

7.      Assist in any matters related to regulatory Audits & tax compliances of the company

 Technical & Behavioral Competencies

 

§  Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills and expertise in subject Knowledge.

§  Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

§  Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.

§  Excellent communication skills and able to manage stressed work environment.

§  Strong Result oriented and self-driven.

§  To be prepared to travel as required as the team is split between Chennai and Mumbai

 

Specific Qualifications (if required)

Chartered Accountant (CA) with 12 to 16 years of post-qualification experience in relevant industry