Job Description
SR. ASSOCIATE /ASST. MANAGER - FS P&L SMR (JOB NUMBER: PER000474)
Job Description – FS P&L SMR
About BNP Paribas Group:
Worldwide, BNP Paribas has a presence in 74 countries with more than 1+0,000 employees. It 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. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.
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 with 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 Business Line/Function :
Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.
Job Title:
Sr. Associate / Asst. Manager
Date:
Department:
FS P&L SMR
Location:
Mumbai
Business Line / Function:
CIB Finance
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
The jobholder will be responsible for review of timely and accurate management accounting and reporting. He / She will work to ensure the accuracy of financials reported by business line, region and report profitability at a detailed level to facilitate decision support.
All local reporting is performed in accordance with relevant and applicable rules and principles, requirements within the deadlines set forth, with complete audit trail to follow.
Responsibilities
Direct Responsibilities
Management Accounting & Control Functions
Perform and review management accounting activities for the month end closing and ensure reconciliation with financial accounting for the defined scope
Prepare and review high quality management reports for regional financials of various business lines and functions on a monthly basis
Ensuring proper controls over technology cost allocations to business line and in line with relevant allocation methodologies and basis provided by business from time to time.
Monitor financials trend and comparison with Budgets, liaise with accounting teams to understand main drivers of material variances
Maintain referential and database for the financials, which is the source for all reporting
Perform and review local/regional budgeting/forecasting activities in liaison with PM/business counterparts
Business partnering with key stakeholders on regular basis and monthly review with senior management to discuss business performance
Coordinate with Local managers, Regional PM and local Finance Teams for month end reporting changes as maybe required
Active participation in the reporting transformation project as per new architecture and review of regional offshored tasks
Manage Adhoc and responses to auditors/regulators queries
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
Identify improvements opportunities in production, control and workflow to increase efficiency and effectiveness
Perform Level 1 controls and contribute towards a robust operational permanent control framework in line with Group requirements
Provide cross-training to colleagues and perform as a backup for critical tasks
Participate and take the lead in driving projects and system upgrades including UAT and trouble shooting
Technical & Behavioral Competencies
At least 3-5 years of relevant experience in a similar role, preferably in a global financial services company
Prior knowledge of investment banking, management accounting concepts, methodologies and rules
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, MBA Finance
Skills Referential
Behavioural Skills:
Strong communication skills - oral & written
Strong achievement drive with ability to work independently and collaboratively with various teams to ensure optimal work is done in a deadline focused environment
Building a high performance team with strong management skills
Ability to deliver / Results driven
Creativity & Innovation / Problem solving
Transversal Skills:
Ability to work in a changing and moving environment
Strong Analytical and Organizational Skills
Ability to develop and adapt a process
Ability to implement relevant and timely controls
Education Level:
CA, Masters degree
Experience Level:
Atleast 3-5 years
Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: FINANCE ACCOUNTS AND MANAGEMENT CONTROL
Education Level : Master Degree or equivalent (> 4 years)
Experience Level : At least 5 years
Schedule
: Full-time
Job Description – FS P&L SMR
About BNP Paribas Group:
Worldwide, BNP Paribas has a presence in 74 countries with more than 1+0,000 employees. It 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. In Asia Pacific, BNP Paribas is one of the best-positioned international financial institutions with an uninterrupted presence since 1860. Currently with over 15,000 employees and a presence in 14 markets, it provides clients with product and service solutions tailored to their specific needs, and continues to develop its franchise in the region.
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 with 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 Business Line/Function :
Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.
Job Title:
Sr. Associate / Asst. Manager
Date:
Department:
FS P&L SMR
Location:
Mumbai
Business Line / Function:
CIB Finance
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Number of Direct Reports:
Directorship / Registration:
NA
Position Purpose
The jobholder will be responsible for review of timely and accurate management accounting and reporting. He / She will work to ensure the accuracy of financials reported by business line, region and report profitability at a detailed level to facilitate decision support.
All local reporting is performed in accordance with relevant and applicable rules and principles, requirements within the deadlines set forth, with complete audit trail to follow.
Responsibilities
Direct Responsibilities
Management Accounting & Control Functions
Perform and review management accounting activities for the month end closing and ensure reconciliation with financial accounting for the defined scope
Prepare and review high quality management reports for regional financials of various business lines and functions on a monthly basis
Ensuring proper controls over technology cost allocations to business line and in line with relevant allocation methodologies and basis provided by business from time to time.
Monitor financials trend and comparison with Budgets, liaise with accounting teams to understand main drivers of material variances
Maintain referential and database for the financials, which is the source for all reporting
Perform and review local/regional budgeting/forecasting activities in liaison with PM/business counterparts
Business partnering with key stakeholders on regular basis and monthly review with senior management to discuss business performance
Coordinate with Local managers, Regional PM and local Finance Teams for month end reporting changes as maybe required
Active participation in the reporting transformation project as per new architecture and review of regional offshored tasks
Manage Adhoc and responses to auditors/regulators queries
Contributing Responsibilities
Projects, Systems Support, Operational Process Improvements
Identify improvements opportunities in production, control and workflow to increase efficiency and effectiveness
Perform Level 1 controls and contribute towards a robust operational permanent control framework in line with Group requirements
Provide cross-training to colleagues and perform as a backup for critical tasks
Participate and take the lead in driving projects and system upgrades including UAT and trouble shooting
Technical & Behavioral Competencies
At least 3-5 years of relevant experience in a similar role, preferably in a global financial services company
Prior knowledge of investment banking, management accounting concepts, methodologies and rules
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, MBA Finance
Skills Referential
Behavioural Skills:
Strong communication skills - oral & written
Strong achievement drive with ability to work independently and collaboratively with various teams to ensure optimal work is done in a deadline focused environment
Building a high performance team with strong management skills
Ability to deliver / Results driven
Creativity & Innovation / Problem solving
Transversal Skills:
Ability to work in a changing and moving environment
Strong Analytical and Organizational Skills
Ability to develop and adapt a process
Ability to implement relevant and timely controls
Education Level:
CA, Masters degree
Experience Level:
Atleast 3-5 years
Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: FINANCE ACCOUNTS AND MANAGEMENT CONTROL
Education Level : Master Degree or equivalent (> 4 years)
Experience Level : At least 5 years
Schedule
: Full-time
💡 Quick Summary
Seeking a career-building opportunity? The Sr| Associate |Asst| Manager | FS PL SMR position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
