Vice President - Accounting Controls

5 years

0 Lacs

Posted:1 week ago| Platform: Linkedin logo

Apply

Work Mode

On-site

Job Type

Full Time

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 stabilityCommitment to Diversity and InclusionAt 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 Subject Matter Stream is primarily responsible for month end closing along with providing oversight and control over day-to-day transactions, operations and activities, including the recording of revenue arising from transactions from various activities including Global Market, Global banking activities and Financing activities.

Job Title

VP / AVP

Date

2025

Department

Subject Matter StreamsLocation:Mumbai

Business Line / Function

FSS

Reports To

(Direct)VP

Grade

(if applicable)(Functional)

Number Of Direct Reports

1

Directorship / Registration

NAPosition PurposeFinancial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned products or transversal scope. When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.

Responsibilities

Direct ResponsibilitiesAccounting & Control Functions

Banking Products

is in charge of all financials topics linked to customers’ banking products – credit & cost of risk, payments, deposit, customer securities, fees, other provisions, related sundry accounts, etc.
  • Perform/review control testing over Oversight Accounting controls that are allocated to ISPL & provide formal assessment of control quality & recommendations for improvement as required – this is an on-going process throughout each month
  • Maintenance of control justification tool incl. static update and testing for any new activities as required
  • Perform monthly system tool process – publishing balances to owners, ensuring all responses received on time & collating issues
  • Monitor Accounting Control outcomes through key performance and key risk indicators
  • Reporting on status of Regional Finance procedures (review status) and tracking external/internal Finance audit recommendations
  • Liaise with Regional Finance and other control functions as required on a regular and timely basis
  • Perform reporting to regional management over control work performed on agreed format/frequency
  • Support remediation actions for control process issues identified
  • Maintain up-to-date procedures for all controls operated by the Oversight Controls team
  • Participation in Finance Projects linked to Accounting Controls
  • Contribute to BNP Paribas operational permanent control framework.
  • Participate in the UATs upgrades/version releases of respective reporting tools.
  • Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness.
Other Contribution
  • Observe the bank’s policies and procedures.
  • Assist in any special project or request as directed by management.
Technical & Behavioral Competencies
Training and occupational experience
  • Knowledge of Banking products is desirable
  • Working knowledge and understanding of generally accepted accounting principles, both in IFRS and French GAAP is must
  • IFRS9 impairment calculation knowledge will be a plus
  • High proficiency in computer skills and data analytics
  • Up to 5 years experience in Finance within the Banking sector control team or audit and consultancy firms
  • Experience of working in an international environment and multi currency appreciated
Methodologies, Tools & Technologies
  • Business Objects
  • Advance Excel (including pivot tables, VLOOKUP, SUMIF)
  • Programming knowledge a plus

Skills Referential

Specific Qualifications (if required)Behavioural Skills: (Please select up to 4 skills)Attention to detail / rigorCommunication skills - oral & writtenAbility to synthetize / simplifyAbility to collaborate / TeamworkTransversal Skills: (Please select up to 5 skills)Analytical AbilityAbility to anticipate business / strategic evolutionAbility to develop and adapt a processAbility to manage a projectAbility to inspire others & generate people's commitment

Education Level

Master Degree or equivalentExperience LevelAt least 10 years

Other/Specific Qualifications (if Required)

Qualified CA

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
BNP Paribas logo
BNP Paribas

Banking

Paris London

RecommendedJobs for You