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Job Opening details:-
Company Name :- BNP Paribas
Position Name :- AVP – Performance Steering
Company Location :- Mumbai, Maharashtra
Job Category :- Jobs in Pune
Full Job Description :-
About BNP Paribas Group:
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 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 6000 employees, to provide support and develop best-in-class solutions
About Businessline/Function :
ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB/BOW Finance teams across the geographies. It is organized by 6 work streams and provides services across 29 countries.
Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.
Assistant Vice President
FSS Performance Steering
Business Line / Function:
Number of Direct Reports:
Directorship / Registration:
The Jobholder is responsible for the timely and accurate reporting in financial and management accounting systems, production of the monthly expenses / revenue 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, ensure 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 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.
Management Accounting & Control Functions
Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both costs and revenues.
Post monthly journal entries (accruals/prepayments) & adjustments in management accounting system for correct management reporting
Ensure 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
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
Work closely with regional Meter PMs / Country PMs and Head Office Finance in analyzing business performance
Provide analysis and response to questions raised by HO Finance / Regional Finance / internal management
On a timely basis, provide complete and accurate financial data to the Reporting Team for report production
Preparation of business line wise reports providing insights to the management on business performance (covering P&L and headcount) using BI solutions such Tableau, Alteryx, Power BI
Creation of Ad hoc Cost Information using MS Access data base through complex queries
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
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 formulate system enhancements for operational process improvements in production, control procedures and workflow to increase efficiency and effectiveness. Assisting in integrating and streamlining 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 11 years of experience in a global financial services company
Prior accounting, management reporting experience desirable
Excellent PC skills; ability to learn new systems quickly
Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)
Working knowledge and understanding of Smartview/Essbase and MS Access desirable
Specific Qualifications (if required) : CA preferred
Behavioural Skills: (Please select up to 4 skills)
Communication skills – oral & written
Ability to collaborate / Teamwork
Ability to deliver / Results driven
Creativity & Innovation / Problem solving
Transversal Skills: (Please select up to 5 skills)
Ability to understand, explain and support change
Ability to develop and leverage networks
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training…
Master Degree or equivalent
At least 11 years
Other/Specific Qualifications (if required) CA preferred
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