Sa - Sms

SA - SMS (JOB NUMBER: FIN003553)

**_Description - External_**

**_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 :_**

**_Financial Accounting and Reporting _**_team is a team with expertise in :_
- 1. Financial reporting through IFRS and FGAAP, including reporting for complex entities/products and taxation_
- 2. Financial accounting for various structured products/entities including Statutory Financial Statements preparation_
- 3. Consolidation of financials including intercompany reconciliation and global CIB Intercompany coordination_
- _

**_Job Title:_**
- Associate Level 1_

**_ Date:_**
- 2021_

**_Department:_**
- Financial Accounting & Reporting_

**_ Location:_**
- Mumbai_

**_Business Line / Function:_**
- Finance Shared Services_

**_ Reports to:_**
- (Direct)_
- Manager_

**_Grade:_**
- (if applicable)_
- (Functional)_

**_Number of Direct Reports:_**

**_ Directorship / Registration:_**
- NA_

**_Position Purpose_**
- The Financial Accounting team is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities required for the daily activities, including the recording of revenue arising from transactions from various activities including Global Market activities and Financing activities._

**_Responsibilities_**

**_ Direct Responsibilities_**
- Accounting & Control Functions_
- _Prepare and book daily/monthly entries (Accrual, MTM booking, etc.)_
- _Enforce controls and ensure that balance sheets are in balance; prepare balance sheet reconciliation schedules._
- _Prepare reconciliation between source and general ledger and identify gaps._
- _Review daily transactional account activity/daily ledgers for posting errors and back-value transactions_
- _Review ledgers and perform account and transaction analysis for a set of entities._
- _Analyze, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding revenue/balance sheet items, highlighting trends, and following up on questions/ concerns_
- _Prepares month-end substantiation packages for multiple legal entities._
- _Ad-Hoc Requests (profit center creation) / Intra day_
- _Assists with audit requests from External Audit, Regulators and internal control teams._
- _Update and review mapping tables._
- Reporting and Analysis_
- _Performs financial reporting, analysis, and related activities for multiple legal entities from various activities including Global Market activities, financing activities._
- _Assist in preparing financial statements (US GAAP and IFRS)._

**_ Contributing Responsibilities_**
- _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._
- _Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness. Also assist in integrating and streamlining the reports under the team’s responsibility_
- _Observe the bank’s policies and procedures_
- _Assist in any special project or request as directed by management_

**_Technical & Behavioral Competencies_**
- _Knowledge of IFRS and US GAAP reporting with minimum years of financial reporting and analysis experience in a med