About Business Line/Function

The Accounting Control team performs a key role in maintaining the quality of the accounting control environment that underpins the Finance reporting processes: Group Head Office reporting, Statutory reporting, Regulatory reporting and internal Performance Management reporting for the Regional platform.

The objective of the AC Level 2 control team is to provide independent assurance that Level 1 controls (i.e. controls that are performed to ensure the accounting data is complete and accurate) are properly executed and that Group, CIB and local accounting control policies (including the minimum control standards defined in the Standard Accounting Control Plan) are implemented appropriately. This Level 2 control framework includes periodic detailed testing of the documented controls that underpin the Regional accounting ledger balances and specific testing/review of balances and processes in accordance with the BNP Paribas control policies.

The role will require regular interaction with other Finance teams in Region and Mumbai and other control functions and provides the role holder with a broad view of the activities and processes in the Finance function and other functions on which Finance is dependent.

• Contribute to the performance of the accounting control of BNP Paribas entities in APAC
• Drive the account owner sign-off and some first level accounting control
• Perform and document accounting controls and analysis
• Contribute to some 2nd level control review and prepare some key controls (manual entries, data integrity Responsibilities:
• Review of performance of 2nd level accounting controls on a list of key areas defined by the BNP Paribas Standard Accounting Control Group Plan, including deal and position reconciliations, nostro reconciliations, manual entries, dormant accounts, risk rating and provisioning, intercompany reconciliation, internal deals, FX sell-down etc.
• Identify system / control deficiencies and propose solution to improve the accounting control environment
• Ensure adequate review of Accounting Control Repository Database is updated with the changes in accounts, controls and ownership
• Based on the Accounting Control tools, generate and release the Account owner sign-off and first level control certification workflows
• Monitor account and 1st level control sign-off and escalate problems identified.
• Contribute to the preparation of the “Entity Control Reports” that provides Chief Financial Officers 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
• Contribute / Assist in FSS level initiatives, as and when required
• Team management

Contributing Responsibilities

• Contribute to BNP Paribas operational permanent control framework.

Technical & Behavioral Competencies

• Chartered accountant or Accounting degree with relevant work experience ~ 10 years (mandatory)
• Degree with a major in internal/external audit (optional)
• Banking and/or IFRS knowledge (mandatory)
• Strong PC skill: advance Microsoft Office Excel, Word, PowerPoint.
• Knowledge of MS Access and data extraction (e.g. Business Objects)
• Former audit experience or experiences on the accounting controls within a Finance function in Banking and Financial Services (mandatory)
• 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)

Skills Referential

• Behavioral Skills
  • Ability to collaborate / Teamwork
  • Decision Making
  • Critical thinking
  • Attention to detail / rigor
• Transversal Skills
  • Analytical Ability
  • Ability to manage a project
  • Ability to develop and adapt a process
  • Ability to develop others & improve their skills
  • Ability to manage / facilitate a meeting, seminar, committee, training.

Education Level: Master Degree or equivalent

Experience Level: At least 10 years

Other/Specific Qualifications: Qualified Chartered Accountant