Project & Business Analyst (HOR P&L)

April 3, 2024

Project & Business Analyst (HOR P&L)

ReferenceBNP-001157

  • Standard / Permanent
  • ES-MD-Madrid
  • FINANCIAL AND TECHNICAL EXPERTISE
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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.

Head Office Reporting PNL team ensure the submission of the Group reporting Profit and Loss (PNL) statements as well the review and the accuracy of the Accounting figures. 

The team is also the owner analytical process, being the SPOC of all PNL Reporting requirements. Additionally, the team will be in charge of identifying and implementing some initiatives in regards the improvement of the processes.

MISSION:

▪ Measure and ensure the quality of the segmented financial data required for the P&L of the entities in the scope in compliance with accounting standards, carry calculation, validation of Business Line allocation in coordination with performance managers and by monitoring direct and allocated costs

▪ Control alignment between statutory/management accounting and bridge P&L between local GAAP/IFRS

▪ Establish an analysis through a dashboard per Business Line

RESPONSIBILITIES:

▪ Ensure the golden rule: the reconciliation between financial and management accounting figures, in compliance with Group and CIB Finance standards

▪ Transform the accounting data into management accounting (profitability and cost allocation by Business Line) following the MARP (Management Accounting Rules and Principles)

▪ Produce the head office P&L reporting at business line and client level for the EMEA countries under responsibility

▪ Elaborate reliable and quality Performance Management reports for the management of the region. Detect needs of information and reporting for the business

▪ Design and implement new reports for the local business management,

▪ Implement an highly automated process for the elaboration of analytical expenses and revenues,

▪ Increase the accuracy of the process thanks to new controls and strict supervision. Be responsible of the right application of these controls. Provide evidences of the outputs of these controls.

▪ Bring support to the local finance, local heads of the business lines in the analysis of the P&L and KPI’s (Key Performance Indicators), being able to really explain what is happening in the countries in scope.

▪ Improve the quality of the management accounting figures of each country, ensuring the follow up and performance of the actions established to improve the quality of the data.

▪ Prepare budget and Forecast process, assuring the consistency of the figures and correct compliance with the instructions sent by central teams.

▪ 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

▪ 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

▪ Have Lean mindset as responsible of an assigned area. Detect and eliminate repeated and non-value added tasks in the work of the team.

▪ Observe the bank’s policies and procedures

▪ Provide reporting coverage by:

▪ Learning the reports, tasks and requirements of the person they are backing up

▪ Training his/her back-up on the preparation of the reports and tasks under his responsibility

▪ Assist in any special project or request as directed by management

REQUIREMENTS:

Training:

Accounting degree or equivalent

Experience:

  • 1-4 years of financial and/or management accounting experience, preferably within Financial Services Industries

Languages:

 •  English: Fluent

SKILLS:

Technical:

 •  Office package (Excel, Power point, word)

 •  Management accounting

 •  Financial accounting

Trasversal & Behavioral:

 •  Analytical ability

 •  Proactivity

 •  Critical thinking

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.

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