Vice President - Intercompany Reconciliation

Subject Matter Stream (SMS) team ensures an accurate, reliable, and comprehensive set of segmented financial data required to produce all reporting streams through the execution of the financial control plan and a strong oversight on upstream controls and data quality.

The main responsibilities of the Subject Matter Stream (SMS) Intercompany Manager is to ensure the accuracy of the intragroup financial information in the ledger for the assigned entities in Finance EMEA scope, with a dedicated focus on intragroup declaration and its impacts on BNPP consolidation process, in line with the Group accounting policies and norms.

Lead the Intercompany Regional competence center stream in ISPL, aligned with prioritization provided by FS Financial Reporting team in Madrid

Preparation and reporting Intercompany KPIs and respective Dashboards related to the teams activity

Lead the Regional competence center for Intercompany Processes:

• Drive the reconciliation of intragroup gaps. Currently organized on a quarterly basis with production period and interclosing period, the approach needs to be reviewed in order to develop as much as possible a day-to-day approach.
  • Perform Intercompany reconciliation accordingly with Group thresholds: Intercompany breaks analysis, root cause investigation, resolution reporting to Accounting teams.
  • Ensure timely and clear communication with all the stakeholders
  • Ensure deadlines are followed by monitoring team deliverables (both on the intercompany reconciliation and the contribution to the local TP files)
  • Manage audit requests from External Audit, Regulators and internal control teams
  • Keep solving the remaining open breaks from a period to another
  • Focus on data quality improvement with corrections performed at source

• As Manager of the team, ensure an efficient organisation, proper allocation of the resources and respect of the governance and permanent control related to the team responsibilities
  • Provide support and expertise to the team members in their tasks. This includes defining control and investigation strategies, participating to the analysis of critical topics, etc.
  • Review the documentation of Standard Operating Processes (SOPs) for productions teams to follow in the target operating model
  • Execute the BCM responsibilities for respective team/business
  • Define and implement proper permanent controls on BCP activities on their scope

• Business school, University Graduate, masters degree in accounting or finance Degree

• Experience of working in an international environment appreciated
• Experience in managing teams

• English Advanced
• French and other European languages a plus

• Strong knowledge of Banking products, Corporate Accounting and Expenses and Capital Markets activities
• Knowledge of IFRS norms, with a deep experience in accounting and financial reporting, preparation of financial statements
• Strong knowledge of Controls and Audit technics and Financial Risk Management

• Maturity, professional standing, strong interpersonal communication and presentation skills
• Effective analytical, organizational, and problem-solving skills
• Analysis and Investigation mindset, taste for digging into complex representations (accounting schemes) and data model (systems architecture)

• Ability to learn new systems and products quickly

• Strong communication skills, both written and verbal
• Self-starter and team player, able to work independently and collaboratively with various teams in a matrix organisation and deadline-focused environment

• Ability to obtain and maintain a thorough understanding of the general ledger structure through Business Objects extractions
• Advanced knowledge of MS Excel (formulas, pivot tables, charts, and graphs)

14+ years experience of financial and/or management accounting experience

12+ Chartered Accountant or 15+ experienced MBA or Semi Qualified CA

IFRS or US GAAP experience preferred

Ability to deliver excellent results within the established timeframes while managing multiple priorities

Strong attention to detail

Excellent analytical and self-motivational skills

Strong communication skills, both written and verbal

Self-starter and team player, able to work independently and collaboratively with various teams in a deadline-focused environment