The jobholder will be responsible for leading the SMS Level 1 Control team(L1C) for UK and EMEA whose primary responsibilities are: Performing reconciliation from Back Office (BO) to General Ledger (GL) specific to capital market Products; Preparing dashboard for presentation to senior stake holders; Identifying root cause for the breaks identified in reconciliation and liasoning with respective teams to fix the break including passing entries to ensure true and fair view of financials

• Accounting & Control Functions
• Direct managing a team of 25+ newly established team, responsible for the career and personal development of the team.
• Managing and ensuring smooth Client relationship
• Contribute to the performance of 1st level accounting controls on a list of key areas defined by the BNP Paribas Group. This includes review of the 1st level controls for all major financial and accounting areas, including all banking products’ accounting and reconciliations, Custody reconciliations, Revenue Recognition, Credit and portfolio risk and provisioning, Nostro controls, Manual entries, FX sell-down, intercompany reconciliation etc.
• Ensure that the Accounting Control Repository Database is updated with the changes in accounts, controls and ownership.
• Monitor account and 1st level control sign-off and escalate problems identified.
• Contribute to the preparation of the “Stats Reports” that provides HOD/FSS Head with an overview of accounting control outcome on a monthly basis.
• Monitor Accounting Control outcomes through key performance and key risk indicators.
• Prepare ad hoc control memo upon request when an issue is identified.
• Ensure the good coordination with the Regional Financial Reporting team, in particular whenever an accounting issue needs to be addressed.
• Participate to Finance Projects linked to Accounting Controls
• Contribute to BNP Paribas operational permanent control framework.
• Report incidents and accounting issues.
• Review BO GL reconciliations on daily/monthly basis and understand the gaps and how the same can be actioned
• Enforce controls and ensure that suspense and other sensitive accounts do not have unexplained balances
• Review daily transactional account activity/daily ledgers for posting errors and back-value transactions
• Review ledgers and perform account and transaction analysis for a set of entities.
• Prepare dashboard for senior management on the status of breaks identified along with root cause
• Review month-end substantiation packages for multiple legal entities.
• Ad-Hoc Requests (profit center creation) / Intra day
• Assists with audit requests from External Audit, Regulators, and internal control teams.
• Decision Support: Provide in-depth analysis of historical financials, variance explanations, key performance indicators for evaluation of business decisions and identify levers that can be pulled to optimize performance/goals.
• Management Reporting: Establish the appropriate governance and cadence necessary to provide relevant stakeholders with timely commentary and insights into KPIs and operational results.
• Controls: Review and implement robust controls framework regularly for consistent high-quality delivery:
• Identify and mitigate risks in process delivery, focus on process enhancements/harmonization and ensure a proficient setup to increase the team’s efficiency and effectiveness.
• Direct contribution to BNP Paribas operational permanent control framework, adhere to compliance requirements, SLA preparation / review and review of operational procedures.

People Management

• Set objectives, ensure accurate performance evaluation, provide regular feedback, manage talent pool and career paths, support mobility for the teams.
• Coach team of finance professionals and guide their career planning.
• Manage costs by driving efficiencies, effective hiring for optimal team pyramids, etc.
• Contributing Responsibilities

Change Management

• Ensure active change management for globally driven/locally initiated transformation projects.
• Participate in the technology upgrades of respective accounting/reporting tools (OFS, Dream Fit, etc.), as well as system enhancements required to facilitate new / modified reporting requirements. In connection with this effort, ensure timely user acceptance testing and troubleshooting.

Technical & Behavioral Competencies

• Qualified Chartered Accountant
• Accounting degree or equivalent
• 9-10 years experiences on accounting audit or accounting control
• Banking (mandatory)
• IFRS knowledge (Preferable)
• Solid understanding of financial instruments and developed skills in analysis of business supporting processes from accounting control perspective.
• Knowledge of Investment banking products
• Strong organizational skills, rigorous, and self-disciplined
• Attention to detail and commitment to maintaining a strong control environment.
• Good communication skills, (i.e. writing, listening, presentation)
• Advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)
• Former audit experience or experiences on the accounting controls within a Finance function in Banking and Financial Services (mandatory)
• Financial Accounting and Controls function in banking industry OR
• Finance Audit experience for Banking Sector

Specific Qualifications (if Required)

• Chartered Accountant with relevant experience
• Chartered Accountant with relevant experience
• Ability to collaborate in a global environment
• Results driven
• Creativity & Innovation / Problem solving
• Adaptability
• Ability to manage 15-20 people team
• Analytical Ability / Critical Thinking
• Ability to develop and adapt a process
• Ability to anticipate business / strategic evolution
• Ability to inspire others & generate people’s commitment

Education Level

• Master Degree or equivalent
• Experience Level: At least 15 years