Associate

1 month ago

Mumbai, India BNP Paribas Full time

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.

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 specialised 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

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.

About Business line/Function:

Job Title:

Associate

Date:

12th Jan 2024

Department:

ISPL-Financial Control

Location:

Mumbai-NKP

Business Line / Function:

Finance

Reports to:

(Direct)

Grade:

(if applicable)

(Functional)

VP-Financial Control

Number of Direct Reports:

NIL

Directorship / Registration:

NA Position Purpose

The position of Associate – Financial Control is for a fresher Chartered Accountant. The person would be responsible to handle day to day financial functions pertaining to revenue assurance, nostro reconciliation, banking related activities, regulatory submissions etc.

This individual would be expected as a self-starter, working with various colleagues within the Finance Functions and cross functions as well.

Responsibilities

Direct Responsibilities

1.       Revenue Assurance activities for India Solution Activity

2.       Cost Centre allocation to vendor invoices on Basware and forwarding for further approvals, alongwith handling foreign currency remittances where applicable.

3.       Providing month end Accruals for expenses to Accounts Payable and Dummy Allocation Keys to FINCON.

4.       Providing month end revenue accruals to FINCON

5.       Maintaining Invoice Register, Fund Status, etc.

6.       Filing of timely Returns with STPI, Maintaining of Invoice, Contracts and Compliance files.

7.       Follow-up of un-reconciled items in Bank Reconciliation Statement.

8.       Liaise with bankers and provide them the disposal instructions for inward remittances

9.       To assist in Compliance towards statutory renewals, registrations, etc.

10.    Providing information to FINCON Financial Accounting and Tax team on an ongoing basis.

11.    To contribute in various projects undertaken on an ongoing basis.

12.  Attending to routine and ad-hoc requests for data from the Management.

13.  To assist in preparation of Budget and Forecasts

Contributing Responsibilities

1.     Assist in Monthly and Quarterly closure of activities

2.     Assisting in Compliance/ STPI related filings

3.     Assisting in preparation of Senior Management Dashboard. Technical & Behavioral Competencies

1.     Good MS Office skills, largely in MS Excel.

2.     Analytical skills, eye for detail.

3.     Confident in approach.

4.     Communication skills & ability to manage stress Specific Qualifications (if required)

Chartered Accountant with 0-1 years of professional experience

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

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Transversal Skills: (Please select up to 5 skills)

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Education Level:

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Experience Level

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Other/Specific Qualifications (if required)

Chartered Accountant with 0-1 years of professional experience.

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