Associate - Audit Controls

Job Description 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 The Accounting Control team performs a key role in maintaining the quality of the accounting control environment that underpins the Finance reporting processes: Group Head Office reporting, Statutory reporting, Regulatory reporting and internal Performance Management reporting for the Regional platform. The objective of the AC Level 2 control team is to provide independent assurance that Level 1 controls (i.e. controls that are performed to ensure the accounting data is complete and accurate) are properly executed and that Group, CIB and local accounting control policies (inc the minimum control standards defined in the Standard Accounting Control Plan) are implemented appropriately. This Level 2 control framework includes periodic detailed testing of the documented controls that underpin the Regional accounting ledger balances and specific testing/review of balances and processes in accordance with the BNP Paribas control policies. The role will require regular interaction with other Finance teams in Region and Mumbai and other control functions and provides the role holder with a broad view of the activities and processes in the Finance function and other functions on which Finance is dependent. Job Title Associate Date 9/3/2025 Department Finance Shared Services Location: Mumbai Business Line / Function Finance Reports To (Direct) VP Grade (if applicable) (Functional) Number Of Direct Reports None Directorship / Registration NA Position Purpose - Contribute to the performance of 2nd level accounting control of BNP Paribas entities in Asia Pacific. - Drive the account owner sign-off and first level accounting control certification process - Perform and document accounting controls and analysis - Contribute to the automation of certain accounting control processes and the standardisation of booking schemes among entities. Responsibilities Direct Responsibilities - Contribute to the performance of 2nd level accounting controls on a list of key areas defined by the BNP Paribas Standard Accounting Control Group Plan, including deal and position reconciliations, nostro reconciliations, manual entries, dormant accounts, risk rating and provisioning, intercompany reconciliation, internal deals, FX sell-down etc. - Identify system / control deficiencies and propose solution to improve the accounting control environment - Ensure that the Accounting Control Repository Database is updated with the changes in accounts, controls and ownership - Based on the Accounting Control Repository Database, generate and release the Account owner sign-off and first level control certification packages - Monitor account and 1st level control sign-off and escalate problems identified. - Contribute to the preparation of the Entity Control Reports that provides Chief Financial Officers with an overview of accounting control outcome on a monthly basis. - Monitor Accounting Control outcomes through key performance and key risk indicators - Prepare ad hoc control memo upon request when an issue is identified. - Ensure the good coordination with the Regional Financial Reporting team, in particular whenever an accounting issue needs to be addressed - Report incidents and accounting issues. Contributing Responsibilities - Contribute to BNP Paribas operational permanent control framework. Technical & Behavioral Competencies - Qualified Chartered Accountant - Accounting degree or equivalent - 3+ years experiences on accounting audit or accounting control - Banking (mandatory) - IFRS knowledge (Preferable) - Solid understanding of financial instruments and developed skills in analysis of business supporting processes from accounting control perspective - Knowledge of Investment banking products - Strong organizational skills, rigorous, and self-disciplined - Attention to detail and commitment to maintaining a strong control environment - Good communication skills, (i.e. writing, listening, presentation) - Advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access) - Former audit experience or experiences on the accounting controls within a Finance function in Banking and Financial Services (mandatory) Skills Referential Specific Qualifications (if required) Behavioural Skills: (Please select up to 4 skills) Ability to collaborate / Teamwork Critical thinking Attention to detail / rigor Choose an item. Transversal Skills: (Please select up to 5 skills) Ability to understand, explain and support change Analytical Ability Choose an item. Choose an item. Choose an item. Education Level Master Degree or equivalent Experience Level At least 1 year