Manager / AVP - Financial Accounting and Reporting (Chennai)
- Recruiter
- BNP Paribas.
- Location
- Chennai, Tamil Nadu, India
- Salary
- Competitive salary
- Posted
- 02 Mar 2021
- Closes
- 03 Mar 2021
- Ref
- 1318744127
- Job role
- Accountant
- Experience level
- Manager
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 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 Businessline/Function :
Financial Accounting and Reporting
team is a team with expertise in :
1. Financial reporting through IFRS and FGAAP, including reporting for complex entities/products and taxation
2. Financial accounting for various structured products/entities including Statutory Financial Statements preparation
3. Consolidation of financials including intercompany reconciliation and global CIB Intercompany coordination
Job Title:
Manager / AVP - Financial Accounting & Reporting (Chennai)
Date:
2020
Department:
Finance Shared Services
Location:
Chennai
Business Line / Function:
Finance
Reports to:
(Direct)
Head of Dept.
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Manage a team supporting financial accounting process for London.
Ensure that accounting production and statutory accounts is complete, accurate and compliant with Group accounting policies
Contribute to the pre-closing process
Perform and document accounting controls and analysis
Contribute to the automation of certain accounting processes and the standardisation of booking schemes among entities.
Responsibilities
Direct Responsibilities
Review the financial monthly financial accounting production and annual statutory accounts for subsidiaries
Review the reconciliations and ensure clearance of open items in reconciliations in a timely manner
Follow up /raise escalations with the respective stakeholders for open items
Contribute to accounting controls and analysis as defined by the BNP Paribas Standard Accounting Control Plan.
Contribute to inter-company transactions reconciliation.
Ensure the good coordination with the Regional Financial Accounting team, in particular during the pre-closing process and whenever an accounting issue needs to be addressed
Participate to Finance Projects linked to Financial Accounting
Application of accounting processes and checks in respect of financial accounting under IFRS and French GAAP.
Review account activity/daily ledgers for posting errors and back-value transactions
Review ledgers and perform account and transaction analysis for a set of entities
Analyse, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding revenue/balance sheet items, highlighting trends, and following up on questions/ concerns
Review month-end substantiation packages for multiple legal entities.
Assists with audit requests from External Audit, Regulators and internal control teams.
Contributing Responsibilities
Contribute to BNP Paribas operational permanent control framework.
Monitor Financial Reporting through key performance and key risk indicators. In particular contribute to the elimination of manual reclassifications and warnings/missing items.
Report incidents and accounting issues
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
Technical & Behavioral Competencies
Excellent knowledge and use of MS Excel
Specific Qualifications (if required)
- Chartered Accountant
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Communication skills - oral & written
Ability to synthetize / simplify
Organizational skills
Decision Making
Transversal Skills: (Please select up to 5 skills)
Ability to anticipate business / strategic evolution
Ability to set up relevant performance indicators
Ability to manage / facilitate a meeting, seminar, committee, training...
Ability to manage a project
Ability to inspire others & generate people's commitment
Education Level:
CA
Experience Level
At least 9 years
Other/Specific Qualifications (if required)
Preferred Industry/Domain Experience:
Key competencies
Preferred Industry/Domain Experience:
Key competencies
Primary Location: IN-TN-Chennai
Job Type: Standard / Permanent
Job: FINANCE ACCOUNTS ET MANAGEMENT CONTROL
Education Level: Master Degree or equivalent (> 4 years)
Experience Level: At least 3 years
Schedule: Full-time
Reference: FIN002176
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 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 Businessline/Function :
Financial Accounting and Reporting
team is a team with expertise in :
1. Financial reporting through IFRS and FGAAP, including reporting for complex entities/products and taxation
2. Financial accounting for various structured products/entities including Statutory Financial Statements preparation
3. Consolidation of financials including intercompany reconciliation and global CIB Intercompany coordination
Job Title:
Manager / AVP - Financial Accounting & Reporting (Chennai)
Date:
2020
Department:
Finance Shared Services
Location:
Chennai
Business Line / Function:
Finance
Reports to:
(Direct)
Head of Dept.
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
Responsibilities
Direct Responsibilities
Contributing Responsibilities
Technical & Behavioral Competencies
- Ability to manage a team
- Strong knowledge of accounting under IFRS
- Strong knowledge of Financial Products
- Comfortable with basic office tools (Lotus Notes, MS Word, Outlook)
Specific Qualifications (if required)
- Chartered Accountant
Skills Referential
Behavioural Skills : (Please select up to 4 skills)
Communication skills - oral & written
Ability to synthetize / simplify
Organizational skills
Decision Making
Transversal Skills: (Please select up to 5 skills)
Ability to anticipate business / strategic evolution
Ability to set up relevant performance indicators
Ability to manage / facilitate a meeting, seminar, committee, training...
Ability to manage a project
Ability to inspire others & generate people's commitment
Education Level:
CA
Experience Level
At least 9 years
Other/Specific Qualifications (if required)
Preferred Industry/Domain Experience:
- Experiences within finance function in Banking and Financial Services
- 9 - 13 years' work experience
Key competencies
- Team management
- Good communication skill
- Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret numbers
- Strong sense of organization, ability to prioritize tasks and meet deadlines
- Hard working
- Team spirit
- Curiosity and open to other cultures
Preferred Industry/Domain Experience:
- Experiences within finance function in Banking and Financial Services (preferable those handling U.K Clients)
- Min 9 years' work experience
Key competencies
- Team management
- Good communication skill
- Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret numbers
- Strong sense of organization, ability to prioritize tasks and meet deadlines
- Hard working
- Team spirit
Primary Location: IN-TN-Chennai
Job Type: Standard / Permanent
Job: FINANCE ACCOUNTS ET MANAGEMENT CONTROL
Education Level: Master Degree or equivalent (> 4 years)
Experience Level: At least 3 years
Schedule: Full-time
Reference: FIN002176
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