Associate - NAR P&L

Job Description

Job Title: AM NAR P&L

Department: FSS Performance Steering

About Business line/Function: CIB Finance

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

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

Responsibilities

Direct Responsibilities

Management Accounting & Control Functions

·         Undertake reconciliation between several 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

·         Secure 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

·         Assist in monthly system parameters checking; update and keep up 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

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

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

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

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

·         Escalating problems / issues to the team manager 

·         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  

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

Technical & Behavioral Competencies

   ·         6-7 years of background in a global financial services company

·         Prior accounting, management reporting experience desirable

·         Outstanding PC abilities; capacity to learn new systems quickly

·         Intermediate know-how of MS Excel (formulas, pivot tables, charts, and graphs)

Specific Qualifications:

CA/MBA Fin/Equivalent

Abilities Referential (Required understanding, competencies and abilities)

Behavioral 

Communication abilities - oral & written

Capacity to collaborate / Teamwork

Aptitude to hand over / Results driven

Creativity & Innovation / Problem solving

Transversal Capabilities:

Aptitude to understand, explain and support change

Analytical Ability

Capability to build and draw on networks

Capability to build and adapt a process 

Aptitude to run / 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 main player in international banking. It operates in 65 countries and has nearly 185,000 employees, covering 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 such as 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 sound diversified and integrated model, the Group helps all its customers (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 spanning several Mediterranean countries, Turkey, and Eastern Europe. As a main player in international banking, the Group has leading platforms and business lines in Europe, a robust 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, equipping it to contribute to the construction of a sustainable future, while guaranteeing 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 over the Group. Driving innovation and progress, we are harnessing the potential of over 10000 employees, to offer support and create 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 prospect 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 main 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 customers and the communities we operate in.

Location for this Associate - NAR P&L opening: Mumbai.