Description - External

About BNP Paribas Group : BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and rapid-growing network in the Asia/Pacific region.

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 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 6000 employees, to provide support and develop best-in-class solutions.

About Businessline/Function : Subject Matter streams

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 : Associate

Date : 2024

Department : Subject Matter Streams

Location : Mumbai

Business Line / Function : Finance Shared Services

Reports to : (Direct)

Manager

Grade : (if applicable)(Functional)

Number of Direct Reports : Directorship / Registration : NA

Position Purpose

The Subject Matter streams team is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities required for the daily activities, including the recording of revenue arising from transactions from various activities including Global Market activities and Financing activities.

Responsibilities : Direct Responsibilities

Accounting & Control Functions

- Prepare and book daily/monthly entries (Accrual, MTM booking, etc.)
- Enforce controls and ensure that balance sheets are in balance; prepare balance sheet reconciliation schedules.
- Prepare 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
- Prepares month-end substantiation packages for multiple legal entities.
- Ad-Hoc Requests (profit center creation) / Intra day
- Assists with audit requests from External Audit, Regulators and internal control teams.
- Update and review mapping tables.
- Working knowledge on source & ledger reconciliation, BOGL reconciliations, identifying and investigating gaps.
- Knowledge of various Broker Dealer products & services like Repo, Securities Lending & Borrowing, Margin Lending, Client Margins, custodial services, etc.
- Working Knowledge on daily & weekly capital and customer reserve calculation
- Knowledge on Monthly Focus Report x 17A -5, Quarterly Focus SSOI - Supplemental Statement of Income and OBS report, etc.
- Knowledge on form 99 (form which is used for tracking and reconciling outstanding balances in suspense) & form 27F (form to be submitted to SEBI)

Reporting and Analysis

- Performs financial reporting, analysis, and related activities for multiple legal entities from various activities including Global Market activities, financing activities.
- Assist in preparing financial statements (US GAAP and IFRS).

Contributing Responsibilities

- 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.
- Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase

📌 Associate- Accounting and Controls (Bengaluru)
🏢 BNP Paribas
📍 Bengaluru