Assistant Manager P&L

Job Title: Assistant Manager P&L

Department: FS P&L SMR CIB (ITO)

About Business line/Function: Performance Steering within Finance Shared Services is responsible for internal management reporting, providing financial insights to CIB management, Business Lines and Functions. The team provides services such as:

• Management Accounting for Revenue and Expenses
• Management Reporting
• Budget and Forecast Support
• Management Accounting System Administration
• Reconciliation of Management and Financial Accounting
  
  

Position Purpose: The jobholder will be part of the Strategic Monitoring & Reporting (SMR) Cost and Efficiency (C&E) team with global mission to monitor and foster performance for CIB ITO focused on Worldwide Reporting and analysis for Global Performance Management team based in Onshore location.

Responsibilities

Direct Responsibilities

The primary responsibility is to provide comprehensive management accounting/reporting services for ITO (Global Markets (IT/OPS/Drive), Global Banking (IT/OPS), Client Management, CCCO, Production, SSC, BP2S (UK only), Management, Quality & Efficiency and ALMT), Other Functions scope to the Territory/functional COO, direct reports, Budget SPOCs and cost center managers. Reviewing Local PMs closing and providing a global perspective to the analysis. To support line manager and Global Performance Management team in providing any business partnering required for these remits and any ad hoc tasks. Also provide a quarterly analysis and reporting of the figures for the Group Integrated Functions Legal & Compliance for the worldwide view.

Management Accounting Functions

Perform high quality Management Accounting financial operational processes

• Supervise and Control monthly and quarterly closing reporting and analysis: collect needed information, control data, inputs in global systems, provide reports for CIB Function heads, CIB ITO COO and Head of Function N-1.
• Perform controls related to data loaded in the different tools and propose enhancement if need be
• Participate in the definition of key analysis axis to enhance the quality and the relevancy on all produced reports.
• Follow up a dedicated Business Stream (ITO COOs, Functions) at worldwide level thanks to Local PM Contribution and functional analysis.
• Guarantee of the respect of the Group Management Norms: consistency with Group and CIB rules & principles, homogeneity through functions and business lines and regions, etc.
• Gather, analyse, and produce NBAU expenses file to be included in the monthly reporting.
• Ensure data controls, inputs in local systems (SAP, Vinci), and reports release at Centre level to ITO Managers.
• Review production tasks performed by ISPL ITO/Functions PM
• Follow-up IT programs: costs reports, investments and allocations at programs level (for ITO).
• Contribution to ad hoc requests.
• Reconcile and control check Central PM figures with Local reporting P&L
• Review Balance Sheet Recs for areas and control high aging of provisions
• Review Aged accruals to ensure timely receipt of invoices
• Review Services sold tracker monthly to take ownership of recharges for your area
• Prepare and complete SAP cost reviews for month end close and follow up on any issues
• Supervise quarterly closing analysis and reporting for the Group Integrated Functions Legal & Compliance within CIB.
• Organize and Lead the Budget Transfer process, being the key worldwide contact for gathering all the requests. Analyze (integrity, consistency and validation) and process them into the tracking tool. Coordinate with other Global PMs for loading these requests.
• Delivery of the reports to Central team, SPOCs and managers.
  
  

Ensure Maintenance Of Referential, Mapping And Procedures Updates

• Monthly referential and mappings with Masterfile
• Monthly referential and mappings with PMO and PO requests
• Referential and mappings with Global team requests
  
  

Participate In Budget Process

• Play an integral role in the annual budgeting/forecasting process, including validation of PO templates, justification of the figures, any additional information to ensure managers have all the information
• Ensure correct input of Budget information into bank financial systems of the budget and forecast information and validation of the result with the manager and make or arrange corrections as agreed
• Prepare and follow through Budget Transfer/changes in scope
• Provide the Central PM team with actuals, budget and forecast commentaries for the departments under direct responsibility via MI COO Slide packs
• Ad hoc assistance cross remit as required with the annual budget/forecast process
  
  

Act as a key liaison between several key department stakeholders

• Liaison with CIB Management / Project Office/ ISPL offshore team to obtain and validate all monthly information for the production of monthly expenses (principally expense accruals and prepayments)
• Attend monthly meetings with COO/N-1s/Central PM to brief them on the overall financial performance
• Liaise with the Project Office, HR and with the Central PM Reporting team to ensure consistency of all reported costs, headcount analysis and commentaries
• Assist SPOCs and related internal clients with their queries in a timely fashion
  
  

Contributing Responsibilities

Projects, Systems Support, Operational Process Improvements

• In partnership with the Project team, contribute to the standardization/harmonization of best practices across systems and processes (e.g. operational platforms)
• 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 troubleshooting 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
• Oversee the tools supporting the general ledgers, as well as front/back-office processing systems upstream/downstream to the platform that are under the team’s responsibility (e.g. LAP, One Capp, etc.)
• Participate in the development, testing, and implementation of systems to support the activities of the team, assisting in definition of business requirements, user acceptance testing, user training, post deployment troubleshooting, etc.
  
  

Other Functions

• Observe the bank’s policies and procedures
• Assist in any special project or request as directed by management
  
  

Technical & Behavioral Competencies

• Prior experience of cost accounting and preparation of management commentaries
• Knowledge of General Ledger systems essential (SAP), data management systems
• Strong sense of organization, ability to prioritize tasks and meet deadlines
• Problem-solving and agile mindset
• Effective analytical, organizational skills
• Rigorous and flexible mindset.
• Strong communication skills, both written and verbal
• Proactivity on proposing and implementing agreed improvements, sharing knowledge and best practices
• Ability to manage / facilitate a meeting, seminar, committee, training
• Ability to work in a changing and moving multicultural environment
  
  

Specific Qualifications

CA /MBA preferred

Financial working experience preferably within a Corporate Banking Company: Financial planning and analysis/ management reporting. Work experience 2 to 4 years

Technical Skills

Skills Referential (Required knowledge, skills and abilities)

• MS Office
• Financial and Management Accounting
• FP&A, Management Reporting
• Budgeting and Forecasting
  

Behavioral Skills

• Critical thinking
• Communication skills - oral & written
• Creativity & Innovation / Problem solving
• Client focused
• Analytical Ability
• Ability to anticipate business / strategic evolution
• Ability to understand, explain and support change
• Ability to develop and adapt a process
• Ability to manage / facilitate a meeting, seminar, committee, training
  

Education Level: CA /MBA preferred

Location: Mumbai

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, corporate 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.