Analyst - APAC FS PnL

Job Description

The Analyst - APAC FS PnL position sits in the BNP Paribas office in Bengaluru.

Job Title: Associate APAC P&L

Department: FSS Performance Steering

About Business line/Function: CIB Finance

Position Purpose: The Jobholder is tasked with the timely and accurate reporting in financial and management accounting systems, production of the monthly expenses / revenue accounting and management reporting such as preparation of standard and ad hoc reports, supporting the annual expense budget & periodic forecasts exercise, calculation of intercompany charges/billing, secure the accuracy of transactional level details, calculate and report cost of risk charged to investment-banking activities and report revenue at the client organisation, business and contract levels, responding to audit queries and coordinating with several teams to secure proper completion of monthly deliverable. 

All local reporting is performed in accordance with relevant and applicable instructions, criteria within the deadlines set forth, with complete audit trail to follow.

Responsibilities

Direct Responsibilities

 
Management Accounting & Control Functions

·         Carry out reconciliation between a range of Management accounting systems to substantiate balances and breaks pertaining to revenues.

·         Post monthly journal entries (accruals/prepayments) & adjustments in management accounting system for correct management reporting

·         Ensure monthly revenues reporting (Flash/Actuals) & other related management reporting (Cost of Risk/European Central Bank reporting/etc) to Head Office are completed within pre-set deadlines

·         Actively participate in the budget and forecast exercises following HO and Regional PM guidelines

·         Assist in monthly system parameters checking; update and sustain referential (i.e. mapping tables) for which the team is responsible

·         Work closely with regional Meter PMs / Country PMs and Head Office Finance in analyzing business performance

·         Deliver analysis and response to questions raised by HO Finance / Regional Finance / internal management

·         On a timely basis, give complete and accurate financial data to the Reporting Team for report production

·         Preparation of business line wise reports offering observations to the management on business performance (covering P&L and headcount) using BI solutions such Tableau, Alteryx, Power BI

·         Creation of Ad hoc Cost Information using MS Access data base through multi-layered queries

·         Offer assistance in responding to questions / requests for information to auditors, regulators 

·         Escalating problems / issues to the team manager 

·         Delivering quality service to other groups 

·         Undertake necessary controls, raising questions to the senior reporting analysts for further guidance on material issues

·         Document and keep procedures for the production of all reporting tasks up-to-date

Contributing Responsibilities

Projects, Systems Support, Operational Process Improvements

·         Assist in spotting process improvements in production, control procedures, and workflow organization to increase the team’s effectiveness and effectiveness  

·         Participate in the upgrades / version releases of respective reporting tools, as well as system amendments / enhancements required to facilitate new / modified reporting criteria. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment.

·         Help formulate system enhancements for operational process improvements in production, control procedures and workflow to increase productivity and effectiveness. Assisting in integrating and streamlining reporting under the team’s responsibility

Technical & Behavioral Competencies

  ·         2-5 years of exposure to a global financial services company

·         Prior accounting, management reporting experience desirable

·         First-rate PC capabilities; aptitude to learn new systems quickly

·         Intermediate grasp of MS Excel (formulas, pivot tables, charts, and graphs)

Working understanding and understanding of Smartview/Essbase and MS Access desirable

Specific Qualifications:

CA/MBA Fin/Equivalent

Competencies Referential (Required grasp, capabilities and abilities)

Behavioral 

Communication competencies - oral & written

Capability to collaborate / Teamwork

Capacity to produce / Results driven

Creativity & Innovation / Problem solving

Transversal Abilities:

Capacity to understand, explain and support change

Analytical Ability

Aptitude to shape and use networks

Aptitude to shape and adapt a process 

Capacity to handle / facilitate a meeting, seminar, committee, training…

Education Level: CA/MBA/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, such as more than 145,000 in Europe. The Group has core positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialized businesses among them BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional customers. Based on its robust diversified and integrated model, the Group helps all its client organisations (individuals, community associations, entrepreneurs, SMEs, corporates and institutional customers) 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 over 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 solid 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, empowering 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 throughout the Group. Driving innovation and development, we are harnessing the potential of over 10000 employees, to give support and build 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 opening 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 customers and the communities we operate in. As a global Bank, we truly believe that inclusion and diversity of our teams is core to our success in serving our client organisations and the communities we operate in.