VP
Banking

N/A

Finance Controller – AVP/VP

BNP Paribas
Mumbai

2 years ago

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Territory Fronting (CFO Support) – Territory Fronting team supporting APAC Finance is based in the APAC Nearshore centre at ISPL. The team provides support and assistance to APAC Local CFOs and their respective entities local finance teams on all topics and dimensions as a financial controller and other transversal topics. Territory fronting team comprises of Financial Controllers responsible for a country/ entities.

Direct Responsibilities
Periodic meetings with onshore CFO encompassing key finance topics:
  • Analysing and supervising Financial Statements and Integrated view of Financial Accounting vs Management Accounting.
  • Overseeing monthly, quarterly, and annual closings.
  • Performing analytical review by business line and deliver strategic advice based on the dataParticipating in all local business activity, committees and local management support in partnership and as required with CFO.
  • Assisting in presenting data and reports and support decision making where appropriate to achieve budget, target and strategies.
  • Ad-Hoc requests and investigations.
Supports delivery of Financial Reporting outputs actively collaborating day-to-day both in production and during the budget processes:
  • Financial Review Paper (FRP) – Financial Statements Analysis.
  • Management Accounting Detail Review (MADR) – Integrated view of Financial Accounting vs Management Accounting.
  • FACT certification – Proactive support and back up to onshore CFO for FACT sign off.
  • Budget & Forecast – Participate to the country level Budget process.
  • Any other reporting to meet the CFO/Business requirement.
Acting as the FSS APAC Nearshore Single Point of Contact (SPOC) for country related matters arising from but not limited to:
  • Accounting Controls
  • CIB Financial Accounting and Reporting Team
  • CIB Management Accounting and Reporting Team
  • Regional Fronting
  • Local Finance CFO
OFS implementation
  • Adherence to OFS roll-out schedule initiated by the Region with adequate supervision over contributors
  • Steer execution of SLA between ISPL & client entity.
  • Responsible to Orchestra roll out with an adequate understanding of Local Finance organization, Process Qualification analysis & agreement with LF, FTE assessment and resourcing.
  • Supervise and monitor knowledge transfer to FSS, training logistic, SMS deep dive sessions, process documentation adaptation, phases of shadow production & parallel run.
  • FRP/MADR report setup coordination with Fresh IT teams.
  • Handle relationship with senior stakeholders.
  • Financial Controller (FC) to be conversant with business plans, regulatory framework, projects and any other specificities of the entity under control. Familiarity with local regulatory financials, cost structure and suggest cost saving initiatives, if any.
  • Lead the month end closing process to ensure all critical points are addressed effectively
  • Active participation in various Governance meetings with status update on OFS implementation (Target General Ledger)
  • Oversee the Change Finance activities and processes and Coordinate CoM to ToM transition.
  • Oversee the transition to NS – Subject Matter stream with review and assessment of PQ and FTE
  • Post full Go live on OFS, monitor the KPI’s and ensure compliance to defined Governance. Ensure all tactical solutions agreed during Go live are tracked for a permanent solution
Contributing Responsibilities
  • Effective stakeholder management covering FSS, Onshore and Regional members with regular connect
  • Familiarity with accounting processes to ensure accuracy in financial operations
  • Ability to work collaboratively with all accounting teams viz. SMS, FS, LF & APAC Regional

Technical & Behavioral Competencies

Finance Skills/Expertise:

  • Expert in Financial Accounting, Controls & Reporting
  • Provide accurate and timely financial analytical overview to all stakeholders
  • Ability to assess and manage financial risks
  • Understanding of banking products, regulations and it’s financial accounting requirements
  • Familiarity with accounting processes to ensure accuracy in financial operations

Technical Proficiency:

  • Ability to plan and execute financial projects, ensuring deadlines and objectives
  • Understanding of OFS system, databases, and technology infrastructure for data analysis, reporting.
  • Ability to avail advanced functions and features of technology for reporting and analysis
  • Ability to plan and execute financial projects, ensuring deadlines and objectives
  • Strong verbal and written communication skills to convey complex financial information

Behavioral:

  • Keen eye for detail
  • Ability to work with global teams
  • Good team player and collaborator
  • Strong communication
  • Willingness to work within stringent timelines and with agility to multi-task
  • Analytical and problem-solving skills

Specific Qualifications (if required)

CA with 10-12 year experience in Finance Controller/Dy CFO role.

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Ability to deliver / Results driven

Client focused

Critical thinking

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Ability to anticipate business / strategic evolution

Analytical Ability

Ability to develop and adapt a process

Education Level:

Master Degree or equivalent

Experience Level

At least 10 years

Other/Specific Qualifications (if required)

  • CA/CPA/ACCA or equivalent with minimum 10 years of experience in controllership roles or in at least several of the following disciplines preferably within a financial institution – financial accounting and control, financial planning and analysis, management reporting, budgeting, audit (internal/external), compliance and risk management positions
  • Good accounting knowledge of banking products/activity
  • In-depth knowledge of generally accepted accounting principles/IFRS, and a good understanding of regulatory environment and tax accounting principles applicable in Banking eco-system
  • Strong understanding of financial and operational risk control requirements to ensure that financial systems in place are compliant and continuously monitored
  • Good communication (oral and written), organisation and documentation skills.
Salary
$
105554
Ranks
Responsibility
Scope
-
Workplace
-
Functions
Level
N-3
Travel
0%
Date Added
02-18-2024

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