Job Description

About BNP Paribas Group:BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnershipsAbout BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.Commitment to Diversity and InclusionAt 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 :The Nearshore department is a Cross Border team located in Mumbai and fully dedicated to the APAC region. The Nearshore department is under creation and going through different projects of on-boarding new services and implementing a new accounting and reporting system (OFS). The platform is design to service entities across APAC including:\xc2\xb7 BNPP Group legal entities in North, South East Asia and Australia.\xc2\xb7 The operational scope covers Financial & Management Accounting & Reporting, Credit Risk Reporting and contribution to the Liquidity Reporting.Job Title:Financial & Management Accounting \xe2\x80\x93 Assistant ManagerDate:Department:Finance Shared Services -SMSLocation:MumbaiBusiness Line / Function:FinanceReports to:(Direct)Grade:(if applicable)(Functional)Number of Direct Reports:N/ADirectorship / Registration:NAPosition PurposeThe main responsibility of the Subject Matter Stream (SMS) is to ensure the accuracy of the production of the financial and management accounting ledgers through a new BNP Paribas tool (OFS). Understanding the activities, the tools, the data flow and processes, as per the Target operating model is key to the function. Ensuring these processes are followed and duly documented, putting in place the adequate level of controls.Responsibilities\xc2\xb7 Be responsible for the production of the Financial and Management accounting for a business unit. Posting of journal entries, preparation of accruals and other financial accounting tasks.\xc2\xb7 Performing daily, weekly and monthly control checks to ensure there are no anomalies in ledger and investigate any issues caused due to system or manual error.\xc2\xb7 Measure and book the required adjustments in accounting to ensure completion and accuracy of the General ledger.\xc2\xb7 Perform intragroup reconciliation\xc2\xb7 Manage the cost of risk processing\xc2\xb7 Perform the operating systems to ledger reconciliation\xc2\xb7 Ensure the accuracy of the Financial and Management accounting ledgers via a strong level 1 control\xc2\xb7 IFRS accounting for month end close\xc2\xb7 Create, maintain and follow the process documentations as per the target operating model\xc2\xb7 Understand the new ledger (OFS) processes and usage of OFS tools from the financial and management accounting, controls and reporting perspective\xc2\xb7 Testing feeds and processes before entities go live on the new systems (OFS)Be responsible for the static data of the entity/business unitSupport the production teams during parallel run and go-live to ensure that the OFS tools and processes are followed as per the target operating modelTechnical & Behavioral Competencies\xc2\xb7 Ability to adapt to changes\xc2\xb7 Capability to work and interact with various people of different expertise and level.\xc2\xb7 Client focus\xc2\xb7 Management skillsSpecific Qualifications (if required)\xc2\xb7 Expertise in accounting of banking products/activity and on IFRS\xc2\xb7 Knowledge of financial reporting processes in Banking and Capital Market industry\xc2\xb7 Knowledge of Corporate and Investment Banking (CIB) activities and products\xc2\xb7 Good communication (oral and written), organisation and documentation skills.Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkAbility to deliver / Results drivenCommunication skills - oral & writtenClient focusedTransversal Skills: (Please select up to 5 skills)Ability to develop and adapt a processAbility to set up relevant performance indicatorsAnalytical AbilityAbility to understand, explain and support changeEducation Level:Chartered Accountant/MBA FinanceExperience Level5-6 yearsOther/Specific Qualifications (if required)\xc2\xb7 Good communication skills including interactions with international counterparties\xc2\xb7 Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret and explain numbers\xc2\xb7 Strong sense of organization, ability to prioritize tasks and meet deadlines\xc2\xb7 Hard working\xc2\xb7 Team spirit\xc2\xb7 Curiosity and open to other culturesQualificationsAbout BNP Paribas Group:BNP Paribas Group is a leading European bank with a strong global footprint across 72 markets and more than 202,000 employees. The Group provides corporates, institutional and private investors with product and service solutions tailored to their specific needs. It offers a wide range of financial services covering corporate & institutional banking, wealth management, asset management, insurance, as well as retail banking and consumer financing through strategic partnershipsAbout BNP Paribas India Solutions:Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, a leading bank in Europe with an international reach. With delivery centers located in Mumbai and Chennai, we are a 24x7 global delivery center. We partner various business lines of BNP Paribas such as Corporate and Institutional Banking, Wealth Management, Retail Banking through three verticals - Information Technology, Operations and Finance Shared Services.Commitment to Diversity and InclusionAt 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 :The Nearshore department is a Cross Border team located in Mumbai and fully dedicated to the APAC region. The Nearshore department is under creation and going through different projects of on-boarding new services and implementing a new accounting and reporting system (OFS). The platform is design to service entities across APAC including:\xc2\xb7 BNPP Group legal entities in North, South East Asia and Australia.\xc2\xb7 The operational scope covers Financial & Management Accounting & Reporting, Credit Risk Reporting and contribution to the Liquidity Reporting.Job Title:Financial & Management Accounting \xe2\x80\x93 Assistant ManagerDate:Department:Finance Shared Services -SMSLocation:MumbaiBusiness Line / Function:FinanceReports to:(Direct)Grade:(if applicable)(Functional)Number of Direct Reports:N/ADirectorship / Registration:NAPosition PurposeThe main responsibility of the Subject Matter Stream (SMS) is to ensure the accuracy of the production of the financial and management accounting ledgers through a new BNP Paribas tool (OFS). Understanding the activities, the tools, the data flow and processes, as per the Target operating model is key to the function. Ensuring these processes are followed and duly documented, putting in place the adequate level of controls.Responsibilities\xc2\xb7 Be responsible for the production of the Financial and Management accounting for a business unit. Posting of journal entries, preparation of accruals and other financial accounting tasks.\xc2\xb7 Performing daily, weekly and monthly control checks to ensure there are no anomalies in ledger and investigate any issues caused due to system or manual error.\xc2\xb7 Measure and book the required adjustments in accounting to ensure completion and accuracy of the General ledger.\xc2\xb7 Perform intragroup reconciliation\xc2\xb7 Manage the cost of risk processing\xc2\xb7 Perform the operating systems to ledger reconciliation\xc2\xb7 Ensure the accuracy of the Financial and Management accounting ledgers via a strong level 1 control\xc2\xb7 IFRS accounting for month end close\xc2\xb7 Create, maintain and follow the process documentations as per the target operating model\xc2\xb7 Understand the new ledger (OFS) processes and usage of OFS tools from the financial and management accounting, controls and reporting perspective\xc2\xb7 Testing feeds and processes before entities go live on the new systems (OFS)Be responsible for the static data of the entity/business unitSupport the production teams during parallel run and go-live to ensure that the OFS tools and processes are followed as per the target operating modelTechnical & Behavioral Competencies\xc2\xb7 Ability to adapt to changes\xc2\xb7 Capability to work and interact with various people of different expertise and level.\xc2\xb7 Client focus\xc2\xb7 Management skillsSpecific Qualifications (if required)\xc2\xb7 Expertise in accounting of banking products/activity and on IFRS\xc2\xb7 Knowledge of financial reporting processes in Banking and Capital Market industry\xc2\xb7 Knowledge of Corporate and Investment Banking (CIB) activities and products\xc2\xb7 Good communication (oral and written), organisation and documentation skills.Skills ReferentialBehavioural Skills: (Please select up to 4 skills)Ability to collaborate / TeamworkAbility to deliver / Results drivenCommunication skills - oral & writtenClient focusedTransversal Skills: (Please select up to 5 skills)Ability to develop and adapt a processAbility to set up relevant performance indicatorsAnalytical AbilityAbility to understand, explain and support changeEducation Level:Chartered Accountant/MBA FinanceExperience Level5-6 yearsOther/Specific Qualifications (if required)\xc2\xb7 Good communication skills including interactions with international counterparties\xc2\xb7 Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret and explain numbers\xc2\xb7 Strong sense of organization, ability to prioritize tasks and meet deadlines\xc2\xb7 Hard working\xc2\xb7 Team spirit\xc2\xb7 Curiosity and open to other cultures

BNP Paribas