Manager/AVP – Financial Reporting
Manager/AVP – Financial Reporting
Reference12351561
- Permanent
- IN-Maharashtra-Mumbai
- FINANCE ACCOUNTS AND MANAGEMENT CONTROL
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 24×7 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 :
– Ensure that financial reporting to the Head Office and Management is complete, accurate and compliant with Group accounting policies
– Contribute to the pre-closing process
– Perform and document accounting controls and analysis
– Contribute to the automation of certain accounting processes and the standardisation of booking schemes among entities.
– Manage team and appraisals
– Manage Projects and provide strategic solutions
Job Title:
Financial Accounting and Reporting Analyst
Ass Vice President /Manager
Date:
Department:
Finance Shared Services
Location:
Mumbai/Chennai
Business Line / Function:
Finance Shared Services
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Head of Department
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Provide a brief description of the overall purpose of the position, why this position exists and how it will contribute in achieving the team’s goal.
– Support to oversee the smooth functioning of the department and ensuring consistent provision
– Support To manage and motivate all departmental staff
– Ensure the financial reporting to Head Office
– Accounting production and statutory accounts
Responsibilities
– Oversee –Preparation of the financial reporting sent on a monthly basis to the Head Office: P&L, balance sheet, off balance sheet, annexes, tax book, regulatory reporting schedules
– Manage Prepare ad hoc Financial Reportings for Head office upon request
– Contribute to accounting controls and analysis as defined by the BNP Paribas Standard Accounting Control Plan.
– Manage inter-company transactions reconciliation process managed well
– Ensure the good coordination with the Regional Financial Reporting team, in particular during the pre-closing process and whenever an accounting issue needs to be addressed
– Participate to Finance Projects linked to Head Office Financial Reporting
– Contribute to BNP Paribas operational permanent control framework.
– Monitor Financial Reporting through key performance and key risk indicators. In particular contribute to the elimination of manual reclassifications and warnings/missing items.
– Work closely with regional Meter FR team / Country and Head Office Finance in analyzing business performance
– Provide analysis and response to questions raised by HO Finance / Regional Finance / internal management
– On a timely basis, provide complete and accurate financial data to the Reporting Team for report production
– Support-The Head of Department is required to lead, manage and develop the department to ensure it achieves the highest possible standards of excellence in all its activities.
– Support HOD -To oversee the smooth functioning of the department and ensuring consistent provision · To manage and motivate all departmental staff
– Support HOD in
– Forecasting financial results.
– Overseeing the budgets.
– Conducting risk management.
– Evaluating and initiating investments.
– Allocating resources and managing finances.
– Recommending cost reduction strategies
–
Report incidents and accounting issues
Education Background:
– Chartered Accountant, CPA or equivalent
MBA Finance
#years of experience:
– SVP/Senior Manager – more than 12 years’ experience
Technical & Behavioral Competencies
– Strong knowledge of Financial Products
– Practical IFRS knowledge
– Strong PC skill: advance Excel, Word
– Knowledge of data extraction (e.g. Business Objects) would be an advantage
– Good communication skill
– Fluent English (mandatory)
– Strong analytical mind
– Team spirit
– Hard working
Manages pressure and priorities during the closing process
–
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Adaptability
Attention to detail / rigor
Client focused
Ability to deliver / Results driven
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop others & improve their skills
Ability to manage a project
Ability to anticipate business / strategic evolution
Education Level:
Master Degree or equivalent
Experience Level
At least 10 years