Senior Associate - Performance Steering - Chennai

Job Description

Job Description PS Expenses 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 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 : 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. Job Title: Senior Associate Date: December 2021 Department: FSS PS North America Cost Accounting Location: Chennai Business Line / Function: Finance Reports to: (Direct) Manager Grade: (if applicable) (Functional) Number of Direct Reports: Directorship / Registration: Position Purpose The Jobholder is responsible for the timely and accurate reporting in financial and management accounting systems, production of the monthly expenses 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, 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. Responsibilities Direct Responsibilities Management Accounting & Control Functions
• Perform month-end reporting for entities within the set deadlines
• Perform reconciliation between various Management accounting systems to substantiate balances and breaks pertaining to both costs and revenues.
• Work closely with regional Meter PMs / Country PMs and Head Office Finance in analyzing business performance
• 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
• 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)
• 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
Contributing Responsibilities 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
• 2-3 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 or MBA Finance Skills Referential Behavioural Skills: (Please select up to 4 skills)Communication skills - oral & writtenAbility to collaborate / TeamworkAbility to deliver / Results drivenCreativity & Innovation / Problem solvingTransversal Skills:(Please select up to 5 skills)Ability to understand, explain and support changeAnalytical AbilityAbility to develop and leverage networksAbility to develop and adapt a processAbility to manage / facilitate a meeting, seminar, committee, trainingEducation Level:Master Degree or equivalentExperience LevelAt least 3 years Other/Specific Qualifications (if required) CA or MBA, *

Keyskills :
customer relationsqualityuser acceptance testingpivot tablessalesreporting toolsglobal deliveryuser acceptance