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
ISPL FSS is set up as a Shared Service Centre and works on an Extended Plus model, within a defined governance structure. It is a Global hub and delivers services to CIB Finance teams across the geographies. It is organized by 7 work streams and provides services across regions. Performance Management within Finance Shared Services is responsible for accurate and timely management accounting, reporting and budgeting activities.
Job Title
VP1/VP2
Date
25th Sep 2024
Department
FSS PS
Location:
Mumbai
Business Line / Function
CIB Finance
Reports To
(Direct)
Head Of Department
Grade
(if applicable)
(Functional)
Number Of Direct Reports
8-9
Directorship / Registration
NA
Position Purpose
The position for the Vice president for Performance Management. Lead a team of about 35-40 people.
- Responsible for local reporting by ensuring that the assigned Revenue management accounting and reporting is accurate and completed on a timely basis.
- Ensure the accuracy of transactional level details calculates and reports cost of risk charged to investment.
- Contribute to the documentation and automation of the processes.
Responsibilities
Direct Responsibilities
- Manage / perform reconciliation and control checks between revenues in management accounting & financial accounting systems
- Manage / perform adjustments in management accounting system for correct management reporting
- Ensure monthly revenues reporting (Flash/Actuals) & other related management reporting (Cost of Risk/European Central Bank reporting/etc) to Head Office are completed within pre-set deadlines
- Prepare monthly management reports & other related management reporting within pre-set deadlines
- Work closely with regional Meter PMs / Country PMs and Head Office Finance in analysing business performance
- Manage the production process of budget and forecast exercises following HO and Regional PM guidelines
- Provide analysis and response to questions raised by HO Finance / Regional Finance / internal management
- Ensure the figures reported by the team are accurate and compliant with Head Office Management Accounting rules and principles
- Update, maintain and advise on monthly system parameters & referential (i.e. mapping tables) for management reporting
- Manage adhoc assignments as requested by HO Finance / Regional Finance / internal management.
- Perform sanity checks / high-level reviews of monthly and quarterly reports, raising questions to the senior reporting analysts for further investigation
- Review process documents and keep the procedures for production of all reporting tasks up-to-date
Contributing Responsibilities
- Managing Transition
- Managing Projects
- Hiring planning and Attrition management
- Conducting risk management.
- Allocating resources and managing optimal team.
Technical & Behavioral Competencies
- Qualified Chartered Accountant
- 14+ years of experience in a global financial services company
- People management experience for big team
- Prior accounting, management reporting experience
- Excellent PC skills; ability to learn new systems quickly
Specific Qualifications (if Required)
- Qualified Chartered Accountant
