Associate/Senior Associate - BNP Paribas
- Employer
- BNP Paribas
- Location
- Mumbai, India
- Salary
- Competitive
- Closing date
- Nov 23, 2024
View more categoriesView less categories
- Job Function
- Accounting/Audit/Tax
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
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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 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:
Controls team monitors the control environment surrounding the production of financial statements and of accounting figures by performing various Level 2 controls. The primary mission of the control team is to ensure that the entities under its purview comply with the Group and CIB Accounting Control Standards. Control examples include Revenue recognition, Cost of Risk provisioning, Nostro Reconciliation, Sensitive Account check, Account Justification, Internal Deals P&L.
Job Title:
Associate/ Senior Associate - Level 2 Accounting Controls and Monitoring
Date:
DD Month, YYYY
Department:
Finance Shared Services
Location:
Mumbai
Business Line / Function:
Finance Shared Services
Reports to:
(Direct)
Team Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
-
Directorship / Registration:
Position Purpose
- Contribute to the performance of the accounting control of BNP Paribas entities in America.
- Drive the account owner sign-off and some first level accounting control
- Perform and document accounting controls and analysis
- Contribute to some 2nd level control review and prepare some key controls (manual entries, data integrity check)
Responsibilities
Direct Responsibilities
- Chartered accountant or Accounting degree with relevant work experience - 3 to 5 years (mandatory)
- Degree with a major in internal/external audit (optional)
- Banking and/or IFRS knowledge (mandatory)
- Strong PC skill: advance Microsoft Office Excel, Word, PowerPoint.
- Knowledge of MS Access and data extraction (e.g. Business Objects)
- Former audit experience or experiences on the accounting controls within a Finance function in Banking and Financial Services (mandatory)
Behavioural Competencies
- Flexible working hours
- English fluent
- Portuguese linguistic skills (Optional)
- Good communication skill
- Strong analytical mind
- Team spirit
- Hard working
- Manages pressure and priorities during the closing process
- Curiosity and open to other cultures
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Organizational skills
Critical thinking
Ability to deliver / Results driven
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and adapt a process
Ability to set up relevant performance indicators
Ability to manage a project
Education Level:
Master Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if required)
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 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:
Controls team monitors the control environment surrounding the production of financial statements and of accounting figures by performing various Level 2 controls. The primary mission of the control team is to ensure that the entities under its purview comply with the Group and CIB Accounting Control Standards. Control examples include Revenue recognition, Cost of Risk provisioning, Nostro Reconciliation, Sensitive Account check, Account Justification, Internal Deals P&L.
Job Title:
Associate/ Senior Associate - Level 2 Accounting Controls and Monitoring
Date:
DD Month, YYYY
Department:
Finance Shared Services
Location:
Mumbai
Business Line / Function:
Finance Shared Services
Reports to:
(Direct)
Team Manager
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
-
Directorship / Registration:
Position Purpose
- Contribute to the performance of the accounting control of BNP Paribas entities in America.
- Drive the account owner sign-off and some first level accounting control
- Perform and document accounting controls and analysis
- Contribute to some 2nd level control review and prepare some key controls (manual entries, data integrity check)
Responsibilities
Direct Responsibilities
- Contribute to the performance of 2nd level accounting controls on a list of key areas defined by the BNP Paribas Standard Accounting Control Group Plan, including manual entries, dormant accounts, accounts with abnormal direction, etc.
- Identify system / control deficiencies and propose solution to improve the accounting control environment
- Monitor the Accounting Control Repository Database, including update any changes in accounts and ownership
- Based on the Accounting Control Repository Database, monitor account justification collection and 1st level control sign-off and escalate problems identified.
- Monitor Accounting Control outcomes through key performance and key risk indicators
- Prepare key Group accounting control reporting and ad hoc control memo upon request when an issue is identified.
- Ensure the good coordination with the North/Latin America team, in particular whenever an accounting issue needs to be addressed
- Participate to Finance Projects linked to Accounting Controls
- Contribute to BNP Paribas operational permanent control framework.
- Chartered accountant or Accounting degree with relevant work experience - 3 to 5 years (mandatory)
- Degree with a major in internal/external audit (optional)
- Banking and/or IFRS knowledge (mandatory)
- Strong PC skill: advance Microsoft Office Excel, Word, PowerPoint.
- Knowledge of MS Access and data extraction (e.g. Business Objects)
- Former audit experience or experiences on the accounting controls within a Finance function in Banking and Financial Services (mandatory)
Behavioural Competencies
- Flexible working hours
- English fluent
- Portuguese linguistic skills (Optional)
- Good communication skill
- Strong analytical mind
- Team spirit
- Hard working
- Manages pressure and priorities during the closing process
- Curiosity and open to other cultures
Specific Qualifications (if required)
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Organizational skills
Critical thinking
Ability to deliver / Results driven
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Analytical Ability
Ability to develop and adapt a process
Ability to set up relevant performance indicators
Ability to manage a project
Education Level:
Master Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if required)
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