Job Description – Vice President, Performance Steering
About BNP Paribas Group:
BNPParibas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions
About Business Line/Function :
Performance Steering (PS) within Financial Shared Services (FSS) is responsible for accurate and timely management accounting, reporting and budgeting activities.
Job Title:
Vice President,
Lead – PS ITO & ISPL
Date:
July, 2021
Department:
FSS Performance Steering
Location:
Mumbai
Business Line / Function:
Finance
Reports to:
(Direct)
Head of Dept.
Grade:
(if applicable)
–
(Functional)
Number of Direct Reports:
Direct – 4
Total – 17
Directorship / Registration:
NA Position Purpose
The jobholder will be responsible for leading the FP&A function of the 7000+ people ODC in India and accountable for the regional ITO Performance Steering teams by ensuring that the management accounting and reporting is accurate and completed on a timely basis.Candidate will be responsible to have a broad understanding of both accounting and business operations for the preparation of key financial KPIs to be presented to the CEO and ExCo members.
All performance management reporting should be performed in accordance with relevant and applicable rules and principles within the deadlines set forth, with complete audit trail to follow.
Responsibilities Direct Responsibilities
Financial Planning & Analysis Function :
About BNP Paribas Group:
BNPParibas is a leading bank in Europe with an international reach. It has a presence in 71 countries, with approximately 199,000 employees. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
About BNP Paribas India Solutions:
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, a leading bank in Europe with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 6000 employees, to provide support and develop best-in-class solutions
About Business Line/Function :
Performance Steering (PS) within Financial Shared Services (FSS) is responsible for accurate and timely management accounting, reporting and budgeting activities.
Job Title:
Vice President,
Lead – PS ITO & ISPL
Date:
July, 2021
Department:
FSS Performance Steering
Location:
Mumbai
Business Line / Function:
Finance
Reports to:
(Direct)
Head of Dept.
Grade:
(if applicable)
–
(Functional)
Number of Direct Reports:
Direct – 4
Total – 17
Directorship / Registration:
NA Position Purpose
The jobholder will be responsible for leading the FP&A function of the 7000+ people ODC in India and accountable for the regional ITO Performance Steering teams by ensuring that the management accounting and reporting is accurate and completed on a timely basis.Candidate will be responsible to have a broad understanding of both accounting and business operations for the preparation of key financial KPIs to be presented to the CEO and ExCo members.
All performance management reporting should be performed in accordance with relevant and applicable rules and principles within the deadlines set forth, with complete audit trail to follow.
Responsibilities Direct Responsibilities
Financial Planning & Analysis Function :
- Management Accounting : Analyze & review all aspects of local entity & regional ITO Cost P&L management accounting & reporting delivery including budgeting, overseeing matters related to alignment with financial accounting, business line allocations and reporting for regional scope on a monthly basis
- Budgeting & Forecasting : Lead the local entity budgeting, forecasting and management reporting processes to :
- Drive an efficient, effective and comprehensive process for developing financial targets and analysis that are linked to strategic objectives
- Ensure budget and forecast processes (rolling forecast, budget transfers, annual forecasting & budgeting, ,multi-year plans) and management reporting yield business insights and drive recommendations and results
- Partner with local Finance and other Support Functions to understand and provide key insights for variances in actual trends by domain
- Partner with regional and functional PS/Finance teams to ensure alignment on financial performance and drivers of forecasts/results
- 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
- 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, DreamFit, etc.), as well as system enhancements required to facilitate new / modified reporting requirements. In connection with this effort, ensure timely user acceptance testing and trouble-shooting.
Technical & Behavioural Competencies
-
- 12+ years of relevant experience in a global financial services company
- Excellent financial planning, budgeting and forecasting skills, attention to detail
- Excellent communication and presentation skills
- Strong business and financial acumen to see and model the current and future state of FP&A
- Strong leadership & organizational skills, ability to prioritize
- Building high performance teams by displaying strong mentoring skills
- Solutions-oriented thinker who is able to generate ideas and drive efficiency
- Strong achievement drive with ability to work independently and collaboratively with various local, regional and global teams
- Ability to multi-task in a fast-paced environment with fluctuating priorities and deadlines
Specific Qualifications (if required)
Chartered Accountant with relevant experience
Skills Referential
Behavioural Skills:
Ability to collaborate in a global environment
Results driven
Creativity & Innovation / Problem solving
Transversal Skills:
Ability to manage 15-20 people team
Analytical Ability / Critical Thinking
Project / Change Management
Technical & Behavioural Competencies
-
- 12+ years of relevant experience in a global financial services company
- Excellent financial planning, budgeting and forecasting skills, attention to detail
- Excellent communication and presentation skills
- Strong business and financial acumen to see and model the current and future state of FP&A
- Strong leadership & organizational skills, ability to prioritize
- Building high performance teams by displaying strong mentoring skills
- Solutions-oriented thinker who is able to generate ideas and drive efficiency
- Strong achievement drive with ability to work independently and collaboratively with various local, regional and global teams
- Ability to multi-task in a fast-paced environment with fluctuating priorities and deadlines
Specific Qualifications (if required)
Chartered Accountant with relevant experience
Skills Referential
Behavioural Skills:
Ability to collaborate in a global environment
Results driven
Creativity & Innovation / Problem solving
Transversal Skills:
Ability to manage 15-20 people team
Analytical Ability / Critical Thinking
Project / Change Management
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