Financial Reporting (Analyst)

About the Role

The jobholder will be a part of the Financial Synthesis P&L/Performance Steering team, mainly managing Head Office Financial/Management Reporting P&L activities.

Key Responsibilities

• Financial Synthesis
• Preparation of the financial statements & reporting schedules and sent quarterly to the Head Office both under IFRS & FGAAP.
• Follow controls and analysis as defined by the BNP Paribas Standard Accounting Control Plan.
• Perform inter-company transactions reconciliation and solve Interco breaks.
• Participate in Finance Projects linked to Head Office Financial Reporting.
• Contribute to the elimination of manual reclassifications and warnings/missing items and work towards solving at source.
• Performance Steering
• Measure and ensure the quality of the segmented financial data required for the P&L of the entities in the scope in compliance with accounting standards, carry calculation, validation of Business Line allocation in coordination with performance managers by monitoring revenues, direct and allocated costs.
• Feeding of the Performance Steering (PS) tools of the segmented information on P&L, controlling consistency with the Financial statements reporting and ensuring the accuracy of the allocation processes.
• Control alignment between statutory/management accounting and bridge P&L between local GAAP/IFRS.
• Extensive analysis of Net Banking Income, Costs, Cost of Risk by business line, nature, & country for understanding the key drives by closely coordinating with the management accounting, business and other performance steering teams.
• Business partnering with key stakeholders on a regular basis & monthly review with senior management to discuss business performance.
• Managing ad hoc reporting needs along with standard deliverables for senior management.
• Reporting for Flash & Actuals (monthly), Forecasting (quarterly) and Budgeting (annual).
• Promoting/implementation/contribution to projects (new systems, procedures, standards/regulations) initiated by Regions/Business Lines/Functions on management reporting scope.
• Contributing Responsibilities
• Performing and ensuring robust operational controls are applied in line with the Group requirement and responding to questions raised by Head Office.
• Continuously striving to identify improvement opportunities to improve efficiency & effectiveness.
• Drive to value-add with enhanced analysis and commentaries for steering performance.
• Participating and leading projects, initiatives, projects, system changes/upgrades.

Requirements & Tech Stack

• Analytical Ability
• Ability to anticipate business/strategic evolution
• Ability to understand, explain and support change
• Ability to develop & adapt processes
• Ability to synthesize & simplify
• Communication Skills – oral & written
• Creativity/Innovation/problem solving
• Adaptability
• Critical Thinking

Qualifications

• CA Fresher
• Experience in a similar role, preferably in banking or global financial services company
• Sound knowledge of Banking, CIB Products/Service offerings
• Basic knowledge of financial and management accounting concepts
• Understanding of IFRS standards will be good to have
• Good working knowledge of MS Excel (Formulae, pivot tables, charts, graphs, power query, etc.)
• Good working knowledge of MS Power Point
• Excellent PC skills, ability to learn new systems quickly

Location

Bengaluru