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Associate Level 1
2 weeks ago
ASSOCIATE LEVEL 1 - ISPL FINANCE (JOB NUMBER: FIN002977)
**About BNP Paribas Group**:
- BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 71 countries and has almost 199 000 employees. The Group ranks highly in its three core areas of activity: Domestic Markets and International Financial Services (whose retail banking networks and financial services are grouped together under Retail Banking & Services) and Corporate & Institutional Banking, centred on corporate and institutional clients. The Group helps all of its clients (retail, associations, businesses, SMEs, large corporates and institutional) to implement their projects by providing them with services in financing, investment, savings and protection. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leading positions in Europe, a strong presence in the Americas and has a solid and fast-growing network in the Asia/Pacific region.**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**:
BNPP ISPL Financial Control is a support function of BNPP India Solutions. The function is responsible to manage the affairs of a corporate finance function in dealing with aspects of accounts and book keeping, managing cash flow and fund flow planning, regulatory compliance encompassing the corporate finance function, financial controls and keeping the ISPL CEO and Board updated of the financial affairs of the company. The functions ensures that the processes pertaining to generation and receipt of revenue, payment of expenses, controls on finance processes and compliance with applicable laws and statutes are adhered to and interests of the company safeguarded at all times.
**Job Title**:
Associate Level 1
**Date**:
November 2021
**Department**:
ISPL Financial Control
**Location**:
Mumbai
**Business Line / Function**:
Finance
**Reports to**:
- (Direct)_
Manager - Financial Control
**Grade**:
(if applicable)
- (Functional)_
**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**
- Accounting for inward remittances
- Daily book keeping and accounting, including accounting month-end activities in Atlas
- Preparation of quarterly group reporting deliverables and sharing with HO Reporting team
- Supporting in statutory audit
- Preparation of month end reconciliaiton of accounting records with Invoice Register.
- Filing of timely Returns with STPI, Maintaining of Invoice, Contracts and Compliance files.
- Follow-up of un-reconciled items in Bank Reconciliation Statement.
- Liaise with bankers and provide them the disposal instructions for inward remittances
- To assist in Compliance towards statutory renewals, registrations, etc.
- Providing information to Tax team on an ongoing basis.
- To contribute in various projects undertaken on an ongoing basis.
- Attending to routine and ad-hoc requests for data from the Management.
- To assist in preparation of Budget and Forecasts
**Contributing Responsibilities**
- Assist in Monthly and Quarterly closure of activities
- Assisting in Compliance/ STPI related filings
- Assisting in preparation of Senior Management Dashboard.
**Technical & Behavioral Competencies**
- Good MS Office skills, largely in MS Excel.
- Analytical skills, eye for detail.
- Confident in approach.
- 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)
Ability to collaborate / Teamwork
Ability to deliver / Results driven
Attention to detail / rigor
Adaptability
Transversal Skills: (Please select up to 5 skills)
Analytical Ability
Ability to develop and adapt a process
Ability to develop others & improve their skills
Choose an item.
Choose an item.
Education Level:
Master Degree or equivalent
Experience Le