Financial Analyst

BNP Paribas EMEA Finance employs 500 employees, of which more than 325 are based in Madrid. We manage more than 250 BNP Paribas entities from all over Europe, covering +60% of Group’s balance sheet and all group’s banking activities (Corporate & Investment Banking, Retail Banking, Personal Finance and other financial services activities…).
 
Our mission is to measure, control and explain all the financial indicators required to monitor accounting, tax, regulatory, liquidity, credit risk reporting and management result activities.

This role is in the Cost & Efficiency Team, part of Strategic Financial Management Team in the Madrid Financial Service Centre focused on Paris/UK Local Finance department and Paris/UK Clients. T

MISSION:

The primary responsibility is to provide comprehensive management accounting/reporting services for ITO (Global Markets (IT/OPS/Drive), Global Banking (IT/OPS), Client Management, CCCO, Production, SSC, BP2S, Management, Quality & Efficiency and ALMT), Other Functions scope to the Territory/functional COO, direct reports, Budget SPOCs and cost center managers.  We support line manager in providing any business partnering required to these remits and any ad hoc tasks

RESPONSIBILITIES:

Management Accounting Functions

§ Perform high quality Management Accounting financial operational processes
ü Produce monthly and quarterly closing reporting and analysis
ü Perform controls related to data loaded in the different tools and propose enhancement if need be
ü Delivery of the reports to Central team, SPOCs and managers.
ü Collect needed information, control data, inputs in local systems (SAP, Vinci), provide reports at centre level to ITO Managers.
ü Review production tasks performed by ISPL ITO/Functions PM
ü Follow-up IT programs: costs reports, investments and allocations at programs level (for ITO).
ü Contribution to adhoc requests.
ü Reconcile and control check Central PM figures with Local reporting P&L
ü Review Balance Sheet Recs for areas and control high aging of provisions
ü Review Aged accruals to ensure timely receipt of invoices
ü Review Services sold tracker monthly to take ownership of recharges for your area
ü Prepare and complete SAP cost reviews for month end close and follow up on any issues

§ Maintenance of Referential, Mapping and Procedures
ü Update monthly referential and mappings with Masterfile
ü Update monthly referential and mappings with PMO and PO requests
ü Update referential and mappings with Global team requests

§ Participate in Budget Process:
ü Play an integral role in the annual budgeting/forecasting process, including validation of PO templates, justification of the figures,  any additional information to ensure managers have all the information 
ü Ensure correct input of Budget information into bank financial systems of the budget and forecast  information and validation of the result with the manager and make or arrange corrections as agreed
ü Prepare and follow through Budget Transfer/changes in scope
ü Provide the Central PM team with actual, budget and forecast commentaries for the departments under direct responsibility via MI COO Slide packs
ü Ad hoc assistance cross remit as required with the annual budget/forecast process

§ Act as a key liaison between several key department stakeholders
ü Liaison with management / Project Office/ ISPL offshore team to obtain and validate all monthly information for the production of monthly expenses (principally expense accruals and prepayments)
ü Attend monthly meeting with COO/N-1s/Central PM  to brief them on the overall financial performance
ü Liaise with the Project Office, HR and with the Central PM Reporting team to ensure consistency of all reported costs, headcount analysis and commentaries
ü Assist SPOCs and related internal clients with their queries in a timely fashion

Projects, Systems Support, Operational Process Improvements
ü In partnership with the Project team, contributes to the standardization/harmonization of best practices across systems and processes (eg operational platforms)
ü Participate in the upgrades/version releases of respective reporting tools, as well as system amendments/enhancements required to facilitate new/modified reporting requirements. In connection with this effort, assist in user acceptance testing and trouble-shooting after deployment
ü Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness. Also assist in integrating and streamlining the reports under the team’s responsibility
ü Oversee the tools supporting the general ledgers, as well as front/back office processing systems upstream/downstream to the platform that are under the team’s responsibility (e.g. One Capp,etc.)
ü Participate in the development, testing, and implementation of systems to support the activities of the team, assisting in: definition of business requirements, user acceptance testing, user training, post deployment trouble-shooting

REQUIREMENTS:

Training:

 •   Accounting degree or equivalent
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Experience:

§ Minimum 2-4 years of financial and/or management accounting experience, preferably within Financial Services Industries
§ Strong Corporate Banking product knowledge
§ Prior experience of cost accounting and preparation of management commentaries

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Languages:

 •  English:Fluent
 •  0:0
 •  0:0

SKILLS:

Technical:

 •  Training and occupational experience
§ Accounting degree or equivalent
§ Minimum 2-4 years of financial and/or management accounting experience, preferably within Financial Services Industries
§ Strong Corporate Banking product knowledge
§ Prior experience of cost accounting and preparation of management commentaries
§ English speaking is mandatory and French is a plus

Essential specific requirements
§ Working  knowledge and understanding of generally accepted accounting principles,   IFRS, French GAP as well as LRR, and regulatory and tax accounting rules and regulations
§ Strong Corporate Banking  product knowledge
§ Strong ability to interrogate, analyse and interpret data and produce variance analysis
§ Ability to learn new systems and products quickly
§ Excellent Excel skills (including pivot tables, VLOOKUP, SUMIF) and Access, macro level
§ Knowledge of General Ledger systems essential  (SAP), data management systems Hyperion Essbase/ Oracle Smartview experience
§ Ability to learn new systems and products quickly

Skills and behaviours
§ Effective analytical, organizational, and problem-solving skills
§ Strong communication skills, both written and verbal
§ Self-starter and team player, able to work independently and collaboratively with various teams in a deadline-focused environment
§ Ability to work with remote locations

 •  SAP
 •  English

Trasversal & Behavioral:

 •  Critical thinking
 •  Organisational skills
 •  Ability to deliver/Results driven

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%)
• 31 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.