Associate - Expense

Associate - Expense

30 Jun
|
BNP Paribas
|
Mumbai

30 Jun

BNP Paribas

Mumbai

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 partnerships.



About 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 with 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.



About Business Line/Function :

Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.



Job Title:

Associate



Date:

June 2020



Department:

FSS PM



Location:

Mumbai



Business Line / Function:

CIB Finance



Reports to:

(Direct)



Manager



Grade:

(if applicable)



(Functional)



Number of Direct Reports:

Nil



Directorship / Registration:

NA



Position Purpose



The Jobholder is responsible for the timely and accurate reporting in financial and management accounting systems, production of the monthly expenses accounting and management reporting including preparation of standard and ad hoc reports, supporting the annual expense budget & periodic forecasts exercise, calculation of intercompany charges/billing, responding to audit queries and coordinating with various teams to ensure proper completion of monthly deliverable.



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



Responsibilities



Direct Responsibilities



Management Accounting & Control Functions





- Perform month-end reporting for his / her entities within the set deadlines

- Preparation of business line wise reports providing insights to the management on business performance (covering P&L; and headcount)

- Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both costs and revenues.

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

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

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

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

- Provide assistance in responding to questions / requests for information to auditors, regulators

- Escalating problems / issues to the team manager

- Providing quality service to other groups

- Perform 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 identifying process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness

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

- Help document operational process improvements in production, control procedures, and workflow organization to support team’s efficiency and effectiveness initiatives. Also, assist in integrating and streamlining the reporting under the team’s responsibility.

- Provide cross-training to colleagues and perform specific duties as assigned (e.g. coverage for colleagues)



Technical & Behavioral Competencies



At least 1-2 years of experience in accounting and management reporting

Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)

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

Excellent PC skills; ability to learn new systems quickly

Good analytical skills and understanding of cost allocation methodologies



Specific Qualifications (if required)



MBA Finance / Inter CA /M Com



Skills Referential



Behavioral Skills:

Communication skills - oral & written



Ability to collaborate / Teamwork



Ability to deliver / Results driven



Creativity & Innovation / Problem solving



Transversal Skills:

Ability to understand, explain and support change



Analytical Ability



Ability to develop and adapt a process



Ability to implement relevant and timely controls



Education Level:

Master Degree or equivalent



Experience Level:

At least 1-2 years



Education Level:

Master Degree or equivalent



Experience Level:

At least 1-2 years