Department: Financial and Management Accounting

Responsibilities

Direct Responsibilities

· Review the preparation and booking of daily/monthly entries (Accrual, Provisions, etc.)

· Enforce controls to ensure data quality in ledgers.

· Monitor reconciliation between source and general ledger and identify gaps.

· Review daily transactional account activity/daily ledgers for posting errors and back-value transactions

· Review ledgers and perform account and transaction analysis for a set of entities.

· Analyze, 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

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

· Post monthly entries (accruals/prepayments) & Flash/Actuals adjustments in management accounting system for correct management reporting, as applicable

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

· Reallocation of costs to relevant business lines

· Create schedules for Fixed Income disclosures and reporting as per IFRS13

· Prepares month-end substantiation and sign off balances along with relevant documentation for multiple legal entities.

· Assists with audit requests from External Audit, Regulators and internal control teams.

· Follow up on the outstanding issues and escalate to the correct contact and work towards resolution.

· Run control book daily and ensure the data quality is maintained in OFS ledger.

· Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)

· Understanding of accounting schema, reconciliation of intercompany process with a proper follow-up and respective documentation.

· To support countries in preparation and reporting of Intercompany transactions (Transfer pricing local files)

· Work on Data quality and related adhocs

· Performs reporting, analysis, and related activities for multiple legal entities from various activities including Global Market & Global banking activities, financing activities.

Department : Controls

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 deal and position reconciliations, nostro reconciliations, manual entries, dormant accounts, risk rating and provisioning, intercompany reconciliation, internal deals, FX sell-down etc.
- Identifysystem / control deficiencies and proposesolutionto improve the accounting control environment
- Monitor account and 1st level control sign-off and escalate problemsidentified.
- Contribute to the preparation of the Entity Control Reports that provides Chief Financial Officers with an overview of accounting controloutcomeon a monthly basis.
- Monitor Accounting Control outcomes through key performance and key risk indicators
- Prepareadhoc control memo upon request when an issue is identified.




- Ensurethe goodcoordination with the Regional Financial Reporting team,in particular wheneveran accounting issue needs to be addressed
- Report incidents and accounting issues.

Department: Financial Reporting

Responsibilities

Direct Responsibilities

Financial Synthesis

- Preparation of the financial statements & reporting schedules and sent quarterly to the Head Office both under IFRS & FGAAP

- Follow controls and analysis as defined by the BNP Paribas Standard Accounting Control Plan.

- Perform inter-company transactions reconciliation and solve Interco breaks.

- Participate to Finance Projects linked to Head Office Financial Reporting

- Contribute to the elimination of manual reclassifications and warnings/missing items and work towards solving at source.

Performance Steering

- Measure and ensure the quality of the segmented financial data required for the P&L; of the entities in the scope in compliance with accounting standards, carry calculation, validation of Business Line allocation in coordination with performance managers by monitoring revenues, direct and allocated costs

-Feeding of the Performance Steering (PS) tools of the segmented information on P&L;, controlling consistency with the Financial statements reporting and ensuring the accuracy of the allocation processes

-Control alignment between statutory/management accounting and bridge P&L; between local GAAP/IFRS

-Extensive analysis of Net Banking Income, Costs, Cost of Risk by business line, nature, & country for understanding the key drives by closely coordinating with the management accounting, business and other performance steering teams.

-Business partnering with key stakeholders on a regular basis & monthly review with senior management to discuss business performance

-Managing ad hoc reporting needs along with standard deliverables for senior management. Reporting for Flash & Actuals (monthly), Forecasting (quarterly) and Budgeting (annual)

-Promoting/implementation/contribution to projects (new systems, procedures, standards/regulations) initiated by Regions/Business Lines/Functions on management reporting scope

Technical & Behavioral Competencies

Sound knowledge of Banking, CIB Products/Service offerings

Basic knowledge of financial and management accounting concepts

Understanding of IFRS standards

Good working knowledge of MS Excel (Formulae, pivot tables, charts, graphs, power query, etc.)

Positive working knowledge of MS Power Point

Excellent PC skills, ability to learn new systems quickly

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

- Analytical Ability
- Ability toanticipatebusiness/strategic evolution
- Ability to understand, explain and support change
- Ability to develop & adapt processes

Behavioral Skills:

- Ability to synthesize & simplify
- Communication Skills – oral & written




- Creativity/Innovation/problem solving
- Adaptability
- Critical Thinking

Education Level: CA Fresher

Location: Mumbai / Bangalore

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 specialized 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.

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.

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. 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.

📌 Analyst - CA fresher (Mumbai)
🏢 Bnp Paribas Bank
📍 Mumbai