Manager

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:

Finance is one of the Key Support Function responsible for the Financial Control of the organization. The Key activities handled by the team includes, Expenses Management, Banking, Fund Management, Financial Accounting & Reporting, Compliance Management, Tax Operations, Invoicing and Collection, Audits and responsible in producing the Financial Statements of the entity.

Job Title:

Manager

Date:

15th Feb 2024

Department:

ISPL-Financial Control

Location:

Chennai – CPII

Business Line / Function:

Finance

Reports to:

(Direct)

VP – Financial Control

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NIL

Directorship / Registration:

NA Position Purpose

The position of Manager – Financial Control is for seasoned Chartered Accountant with 8 – 10 years of rich experience in the field of Finance. The person would be responsible to draw up the accounts of the company as per applicable regulations and basis the Accounting Standards. Ability to handle tasks related to compliances, and able to have overall control on the key activities of the team. The individual is expected to take up the role at ease and manage the BAU in a short span.

Responsibilities

Direct Responsibilities

1.       Responsible for drawing up accounts of the Company as per applicable regulations and basis IND AS

2.       Providing guidance on Financial Accounting to the team on an ongoing basis .

3.       Analyzing variation in costs and spend patterns, identifying synergies in the nature of spends and assisting senior management by leading initiatives which optimize costs.

4.       Timely filing of all compliance related returns like STPI, SOFTEX, RBI FLA etc. and ensure all the regulatory reports are accurate.

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

6.       To contribute in various projects undertaken on an ongoing basis, especially automation and process improvement projects

7.       Manage the Nostro Reconciliation and ensure timely closure of breaks.

8.       Ensure smooth month end closure and adherence to all Head office reporting requirements.

9.       Handle Statutory & other audits and ensure smooth completion of audit with no major findings.

10.   Prioritize the work and conduct investigation with due diligence on all the discrepancies.

11.   Preparing the Board packs & other committee packs on quarterly basis

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

Contributing Responsibilities

1.       Assist in Monthly closure of books including Financial statements preparation.

2.       Assist in closure of Receivable related accounting and reporting on monthly basis

3.       Assist in smooth closure of Monthly & Quarterly activities & timely reporting to HO

4.       Assisting in all Compliance related filings

5.       Assisting in preparation of Senior Management Dashboard / Board Packs

6.       Assist in analyzing the Revenue/Expenses variance on monthly basis Technical & Behavioral Competencies

§  Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills and expertise in subject Knowledge.

§  Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines.

§  Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.

§  Excellent communication skills and able to manage stressed work environment.

§  Strong Result oriented and self-driven.

§  To be prepared to travel as required as the team is split between Chennai and Mumbai Specific Qualifications (if required)

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Ability to collaborate / Teamwork

Personal Impact / Ability to influence

Ability to deliver / Results driven

Choose an item.

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to develop others & improve their skills

Ability to manage a project

Analytical Ability

Ability to develop and adapt a process

Education Level:

Master Degree or equivalent

Experience Level

At least 7 years

Other/Specific Qualifications (if required)

Qualified Chartered Accountant with rich experience of 8 to 10 years relevant experience