BNP Paribas
Location
Mumbai | India
Job description
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:
The ISPL Financial Shared Services (FSS) Platform performs production and reporting activities delivered to onshore teams focused on fronting activities, and provides offshore support to nearshore teams, thus fostering standardization and Finance transformation. It is split into three components with the following missions: i.e. APAC Regional FSS, Global FSS and World Wide FSS
Job Title:
VP - Financial and Management Accounting
Date:
2024
Department:
Financial Shared Services
Location:
ISPL Mumbai
Business Line / Function:
Group Finance & Strategy
Reports to:
(Direct)
Head, APAC NS SMS, Financial Shared Services
Grade:
(if applicable)
VP
(Functional)
Number of Direct Reports:
3-5
Directorship / Registration:
NA
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:
· BNPP Group legal entities in North, South East Asia and Australia.
· The operational scope covers Financial & Management Accounting & Reporting, Credit Risk Reporting and contribution to the Liquidity Reporting.
Responsibilities
§ Be responsible for the production of the Financial and Management accounting for a business unit (entity or business line)
§ Test all feeds and processes before entities go live on the new systems
§ Explain the components of the financial and management accounting variance to the Financial Controller via dedicated governance
§ Ensure the accuracy of the Financial and Management accounting ledgers via a strong level 1 control
§ Understand the OFS processes and usage of OFS tools from the financial and management accounting, controls and reporting perspective
§ Create process documentations for respective areas for productions teams to follow in the target operating model
§ Be responsible for the static data of the entity/business unit
§ Support the production teams during parallel run and go-live to ensure that the OFS tools and processes are followed as per the target operating model
§ Expertise in accounting of banking products/activity and on IFRS
§ Knowledge of financial reporting processes in Banking and Capital Market industry
§ Knowledge of Corporate and Investment Banking (CIB) activities and products
§ Good communication (oral and written), organization and documentation skills.
§ Manage and support platform growth in the area of transitions working with ISPL and global stakeholders (CFO, CEO, COO) as well as functions i.e. Legal, Tax, Compliance, DPO, Risk etc.
§ Support FSS teams on IG missions, audits and reviews
§ Collaborate with ISPL stakeholders on various reporting requirements
§ Ability to adapt to changes
§ Capability to work and interact with various people of different expertise and level.
§ Client focus
Collaborative worker & team player
Chartered Accountant with at least 12-15 years post qualification experience
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Client focused
Decision Making
Ability to deliver / Results driven
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Analytical Ability
Ability to understand, explain and support change
Ability to anticipate business / strategic evolution
Education Level:
Master Degree or equivalent
Experience Level
At least 12 years
Other/Specific Qualifications (if required)
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:
The ISPL Financial Shared Services (FSS) Platform performs production and reporting activities delivered to onshore teams focused on fronting activities, and provides offshore support to nearshore teams, thus fostering standardization and Finance transformation. It is split into three components with the following missions: i.e. APAC Regional FSS, Global FSS and World Wide FSS
Job Title:
VP - Financial and Management Accounting
Date:
2024
Department:
Financial Shared Services
Location:
ISPL Mumbai
Business Line / Function:
Group Finance & Strategy
Reports to:
(Direct)
Head, APAC NS SMS, Financial Shared Services
Grade:
(if applicable)
VP
(Functional)
Number of Direct Reports:
3-5
Directorship / Registration:
NA
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:
· BNPP Group legal entities in North, South East Asia and Australia.
· The operational scope covers Financial & Management Accounting & Reporting, Credit Risk Reporting and contribution to the Liquidity Reporting.
.
Responsibilities
§ Be responsible for the production of the Financial and Management accounting for a business unit (entity or business line)
§ Test all feeds and processes before entities go live on the new systems
§ Explain the components of the financial and management accounting variance to the Financial Controller via dedicated governance
§ Ensure the accuracy of the Financial and Management accounting ledgers via a strong level 1 control
§ Understand the OFS processes and usage of OFS tools from the financial and management accounting, controls and reporting perspective
§ Create process documentations for respective areas for productions teams to follow in the target operating model
§ Be responsible for the static data of the entity/business unit
§ Support the production teams during parallel run and go-live to ensure that the OFS tools and processes are followed as per the target operating model
§ Expertise in accounting of banking products/activity and on IFRS
§ Knowledge of financial reporting processes in Banking and Capital Market industry
§ Knowledge of Corporate and Investment Banking (CIB) activities and products
§ Good communication (oral and written), organization and documentation skills.
§ Manage and support platform growth in the area of transitions working with ISPL and global stakeholders (CFO, CEO, COO) as well as functions i.e. Legal, Tax, Compliance, DPO, Risk etc.
§ Support FSS teams on IG missions, audits and reviews
§ Collaborate with ISPL stakeholders on various reporting requirements
§ Ability to adapt to changes
§ Capability to work and interact with various people of different expertise and level.
§ Client focus
Collaborative worker & team player
Chartered Accountant with at least 12-15 years post qualification experience
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Client focused
Decision Making
Ability to deliver / Results driven
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Analytical Ability
Ability to understand, explain and support change
Ability to anticipate business / strategic evolution
Education Level:
Master Degree or equivalent
Experience Level
At least 12 years
Other/Specific Qualifications (if required)
Job tags
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