Job Title: Assistant Manager – Financial Reporting

Department: ISO

About Business line/Function: Financial Reporting

Position Purpose: Financial Reporting operation / production

Responsibilities

Direct Responsibilities

• To ensure the production of statutory reporting as annual and semi-annual reports and specific reports if required by the client (as quarterly report), also liquidation report, merger report, dissolution report if requested, in respect of legal delays.
• To ensure the Financial Statement is issued in an accurate way, controls are executed. 
• To complete the checklist in which the controls have been defined and are formalized. 
• To perform review of Financial Statements prepared by a third party within the team. 
• To respect the production deadlines: draft and final version deliveries.
• To request all supporting documents from the clients.
• To apply the specific rules of the registered countries, and the rules of the countries where the funds are distributed.
• To manage the requests/information received in the common e-mail inbox.
• Strong technical understanding of Financial Reporting / Fund Services functions is expected.

·       Strictly adhere to Key Performance Indicators for the process and achieving the same on a regular basis.

• Demonstration of commitment to ensure continuous process improvement to achieve efficiency targets.

·       Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.

·       Good Communication Skills required with Candidate being able to challenge any client specific customizations 

·       He/ She should be able to interact & have strong relationship with locations

·       Ensuring right documents in place on a day to day basis for effective closure of audits without findings

• Ensure incident management protocol is followed by self and the team.

·       Assisting & ensuring strong & positive environment on the floor that will help in strong team bonding

·       Ensuring timely & due escalation to AVP, if there could be potential issues/escalations expected

• Ensure to minimize the unplanned leaves, especially during business-critical days, like month end, Yearend. rollover days and migration of new funds

Contributing Responsibilities

·       Playing a key part in new business & activities that will be transferred from other 2S locations

·       Ensure that, client issues/concerns are addressed and resolved within the agreed timelines. Client service review score card should be well maintained and aim to be 4 or above

·       Ensure high level of service has been delivered to the Clients of BNP Paribas Group.

·       Defining the Key Performance Indicators for the process and achieving the same on a regular basis.

·       Manage and reduce operational risk

·       Prioritise the work and conduct investigation with due diligence on all the discrepancies.

·       Ensure all the necessary training has been provided to the team members to perform the relevant tasks.

·       Support & assist new joiners on the floor with process/training/culture/etc.

·       Act as a strong back up for other AM’s when they are on leave

·       Active participation in CSR & employee engagement topics would be strongly encouraged

Technical & Behavioral Competencies

·       Overall 7+ years plus experience with at least 5 years+ in FR Domain

·       End to End exposure in Financial Reporting Stream with knowledge of Mutual funds accounting.

·       Knowledge of NADI platform and MFFA 

·       Aware of the entire NAV cycle and roles played by different upstream teams. Basic knowledge of upstream teams like Middle office, Pricing, Corporate Action, TA etc.

·       Interest and Experience in business Operational Transformation

·       Continue to ensure sufficient Risk & Control processes are in place

·       Continually working towards process improvements and efficiency savings and optimization of costs

·       Be able to express ideas effectively in individual and group situations

·       Internal and External Audit Management

·       Exposure to implementing artificial intelligence tools to support high productivity

·       The candidate should uphold high level of compliance on conduct topics

Specific Qualifications:

Master’s degree in Economics or in Finance, or equivalent

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Expertise Knowledge of Fund Accounting business and NAV cycle
•  Ability to inspire others & generate people's commitment 
•  Ability to understand, explain and support change 
•  Analytical Ability 

Behavioral Skills: 

•  Ability to collaborate / Teamwork
• 
  
  • Communication skills - oral & written
  •  Attention to detail / rigor 
  •  Personal Impact / Ability to influence 
  •  Attention to detail / rigor

Education Level: Master’s degree or equivalent

Location: Mumbai

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 specialized 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.

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.

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. 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.