GROUP BNP PARIBAS
BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 65 countries and has almost 190,000 employees. BNP Paribas organizes its businesses into three main fields of activity: Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate Institutional Banking (CIB). The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection.
Various bodies rank BNP Paribas, high in terms of attractiveness and being a “good place to work”. The Group has once again been named a “Top Employer Europe” for 2022. It was singled out in particular for its diversity, inclusion, career development possibilities and well-being.
About Business line/Function
The Finance & Strategy function (F&S) ensures, for the BNP Paribas Group, the production and publication of accounting and financial management statements necessary for the management of the Group, financial and tax optimization along with the external growth strategy. It also plays an alert role vis-à-vis of the General Management.
F&S count +1800 employees specialized in Accounting, Reporting, Performance Steering, Tax, Control, Regulatory and Project to mention few of them. F&S is organized around 3 mutualized regional platform (America, Europe and Asia/Pacific), 1 Shared Finance Service center located in India, Central F&S teams located in Paris and decentralized Finance, Tax and Development departments located in each BNPP country presence.
Infinity Finance HUB
The Infinity EMEA Finance & Strategy Platform is the Regional EMEA Mutualized platform and Group platform delivering services that covers the whole financial dimension: Accounting production activities, reporting, control, transformation projects, IT and GDO. Our platform serves EMEA Countries and CFO´s, Group Head Office and also worldwide entities when it refers to projects (Transformations & IT). The Infinity EMEA Finance & Strategy Platform is located in a dual location Madrid and Lisbon
ABOUT THE JOB
Consolidated Financial Statements. She/he will act as a financial controller analyzing and monitoring the information declared by the BNP sites/regions
This implies his / her collaboration on supporting the reporting sites/regions for the preparation of the closings, implementing and monitoring transversal controls at global level, investigating complex transactions from financial / reporting perspective, analyzing the data reported by the sites/regions through packages, and synthetizing the results of the controls and the performance through various deliverables
At the same time, the team member will be the Subject Matter Expert on a particular Reporting topic (i.e. IFRS 9, IFRS 12, Consolidation Perimeter, KPIs reports, Intercompany etc)
Responsibilities
You will be responsible of supporting the entities/regions in the preparation of the quarterly closings:
Developing capacity of the team member on understanding the events/issues raised by the sites/regions that might have an impact in the reporting
Advising the reporting sites/regions about the correct presentation / accounting treatments of specific transactions
Inform the sites/regions about news on Group norms, standards and reporting evolutions
Ensure that the open issues are properly followed-up during the inter-closings as well as support on defining action plans
Analysis on all the events with impact on the Group Consolidated Financial Statements
Discuss with the reporting sites/regions about particular transactions / operations that have a material impact in the Financial Statements
Understand the issues and their implications on the Group Consolidated Financial Statement
Identify events that might need an adjustment at consolidated level (i.e. operation wrongly booked in local, elimination of internal results, reclassifications for presentation purposes, etc.)
Summarize and synthetize the key events in order to report them to the Team Leader
As a Subject Matter Expert (SME):
The team member is responsible for understanding and developing a particular transversal topic related to Financial / Regulatory Reporting
The team member is part of Group Finance, the processed under is scope should be updated and harmonized with Group expectations
During the closing:
Collection and analysis of the Financial and Regulatory Statements
Ask for corrections when the information provided through the packages is not accurate or wrongly reported
Perform an analytical review on the data reported in order to have a global view on the material balances and variations
Liaise with the sites/regions to get the necessary economic background and details aiming to understand the material figures and key quarterly / annual variations
Coordination between regions and Group / Regulators / Auditors to comply with regulatory or ad-hoc requests
As a SME
The transversal tasks within a particular role of SME have to respect the deadlines and steps defined by the Group
You will be responsible of implementing the controls and / or taking the necessary actions to ensure the achievement of the task/sIndependently of the role of entity coordinator, the SME is responsible of informing the reporting sites/regions about the instructions of the tasks, the results of the controls as well as the actions to be taken over the reporting packages or particular tools / systems
Perform manual accounting entries in the reporting tool (consolidated adjustments) to correct any gap/missing entry/system error impacting the Consolidated Financial Statements of the Group
Post closing:
Production of Key Performance Indicators, synthesis and debriefing :
Participate on the elaboration of the KPIs that measure the performance of the reporting sites/regions. It implies to summarize and quantify the results from the work performed by the regions, provide an issue log, participate on follow-up meetings and collaborate on defining action plans on open issues
Accompany and foster the performance of the production teams by providing assistance
Synthetize the key issues encountered during the quarterly closing and report to the Team Leader as well as top management accordingly.
Participation to the Transformation of the Function:
Based on the projects and the continuous transformation of the function, the team member will participate on the implementation of the needed action plans / changes that the organization might require
Key contributor for any global change management initiative: the team member must be open to changes, diversity and new projects as well as keen to resilience
Support to the sites / platforms:
Due to the continuous changes in the standards, regulations and organization, there might be a need of development for the entities/regions that implies support to the sites / regional platforms.
Maturity, professional standing, strong interpersonal communication skills and presentation skills
Solutions-oriented thinker who is able to generate creative idea
Ability to work under pressure, within tight deadlines and with complex requirements from Group, Regulators and Auditors
Ability to work collaboratively with relevant teams across locations
Strong planning and organizational skills
Ability to be autonomous
Understanding of system requirements and capabilities to ensure appropriate controls and operational processes
Ability to work with remote locations
Diversity player
Specific Qualifications
In-depth knowledge and understanding of generally accepted accounting principles, IFRS, banking regulation, Group instructions and accounting rules
Strong knowledge on IFRS9 about classification and measurement of the financial products, impairment
Strong understanding of transactions from finance / accounting perspective
High knowledge on MS Office
Excellent Excel skills (including pivot tables, VLOOKUP, SUMIF)
Adaptability : ability to learn new systems or processes quickly
Training and occupational experience
Masters on Finance / Audit / Accounting in business school or equivalent
Minimum 15 years of experience, including significant experience in one of the following business disciplines preferably within a banking company / audit firm: financial or regulatory reporting, audit (internal or external), internal control, financial planning and analysis, financial accounting
Advanced level in English, French is a plus
Skills Referential
Transversal Skills
Ability to anticipate business / strategic evolution
Ability to develop and adapt a process
Analytical Ability
Ability to manage / facilitate a meeting, seminar, committee, training
Ability to understand, explain and support change
BENEFITS
Training programs
Career plans and internal mobility opportunities, national and international thanks to our presence in different countries
Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity)
Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities
Flexible compensation plan
Hybrid telecommuting model (50%)
32 vacation days
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
