Job Title: Assistant Manager
Department: Finance Shared Service
About Business line/Function: Finance Shared Service - Assistant Manager
Position Purpose
Team member - Finance team for BNPP GIFT IBU
Responsible for supporting the head of finance in providing strategic direction to the finance, accounting, and tax function of BNPP GIFT IBU through Financial Accounting, Group and Regulatory reporting, Management accounting, Budgeting, Management information and Tax planning, defining expense policies and internal control procedures.
Responsibilities
Direct Responsibilities
Financial Accounting and Reporting
- o Preparation of monthly financial statements for Financial Reporting as per IFRS and Local GAAP
- o Responsible for day-to-day accounting and completion of all deliverable related to monthly, quarterly, annual closing
- o Ensuring adequate accounting and financial reporting controls in liaison with the regional controls team
- o Oversee the Accounts Payable and intercompany invoicing process
- o Liaising with the auditors for the finalization of books
Regulatory Reporting
- o Preparation of monthly regulatory returns to be submitted to regulator (IFSCA)
- o Responsible for SEZ filings/Compliance - Filing of MPR, APR, SERF returns
- o Responsible for all Direct and Indirect Tax compliances
Performance Management
- o Booking of month-end expense accruals, preparation of monthly financial pack for management
- o Variance analysis of actual vs budget, margin analysis.
- o Liaise with the internal stakeholders and drive the Annual Budgets and Forecasts exercise.
Contributing Responsibilities
- o Liaise with Regional Finance teams to review the NAC/TAC of products and finalize the accounting plans. Be involved in UAT testing from Finance perspective.
- o Liaise with internal stakeholders such as Business teams, extended teams in BNPPISPL, Regional Financ
Technical & Behavioral Competencies
Specific Qualifications
Technical Skills:
- o Strong knowledge of accounting
- o Strong knowledge of Financial Products
- o Proficient in MS Office applications such as Excel, Word PowerPoint
- o Preference to candidates with Awareness / exposure to GIFT City regulations and compliances including SEZ compliances
- o Ability to adapt to core accounting and multitude of back-office systems
Behavioral Skills
- o Good communication skills
- o Ability to work with colleagues across time zones (APAC and Paris)
- o Very high comfort with working with numbers: rigor, analytical mind-set, ability to interpret numbers
- o Strong sense of organization, ability to prioritize tasks and meet deadlines
- o Hard working, Team player
Education Level: Chartered Accountant, CPA or equivalent
Experience Level: 2 to 6 years
Location: Mumbai
Preferred Industry / Domain Experience
- o Experience within a Finance function in Banks / NBFC
- o From a leading Chartered Accountancy firm with awareness / exposure to GIFT City regulations and compliances including SEZ compliances
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 specialized 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.
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.
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. 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.
