Financial Reporting Analyst

Overview

Financial Reporting Analyst role at BNP Paribas CIB

GROUP BNP PARIBAS BNP Paribas is a top-ranking bank in Europe with an international profile. It operates in 65 countries and has almost 190,000 employees. BNP Paribas organizes its businesses into three main fields of activity : Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate Institutional Banking (CIB). The Group helps all of its clients (retail, associations, businesses, SMEs, large corporate and institutional) to implement their projects by providing them with services in financing, investment, savings and protection.

Various bodies rank BNP Paribas highly in terms of attractiveness and being a "good place to work". The Group has been named a "Top Employer Europe" for 2022, in particular for its diversity, inclusion, career development possibilities and well-being.

Position Purpose

The Infinity EMEA Finance & Strategy Platform is the Regional EMEA Mutualized platform and Group platform delivering services that covers the whole financial dimension : Accounting production activities, reporting, control, transformation projects, IT and GDO. Our platform serves EMEA Countries and CFO ́s, Group Head Office and also worldwide entities when it refers to projects (Transformations & IT).

The Infinity EMEA Finance & Strategy Platform is located in a dual location Madrid and Lisbon.

Responsibilities

The team member will ensure the data quality of the reporting towards the elaboration of the Group Consolidated Financial Statements. She / he will act as a financial controller analyzing and monitoring the information declared by the BNP sites / regions

This implies his / her collaboration on supporting the reporting sites / regions for the preparation of the closings, implementing and monitoring transversal controls at global level, investigating complex transactions from financial / reporting perspective, analyzing the data reported by the sites / regions through packages, and synthetizing the results of the controls and the performance through various deliverables

At the same time, the team member will be the Subject Matter Expert on a particular Reporting topic (i.e. IFRS 9, IFRS 12, Consolidation Perimeter, KPIs reports, Intercompany etc)

During The Closing

Collection and analysis of the Financial and Regulatory Statements

Ask for corrections when the information provided through the packages is not accurate or wrongly reported

Perform an analytical review on the data reported in order to have a global view on the material balances and variations

Liaise with the sites / regions to get the necessary economic background and details aiming to understand the material figures and key quarterly / annual variations

Coordination between regions and Group / Regulators / Auditors to comply with regulatory or ad-hoc requests

As a SME

The transversal tasks within a particular role of SME have to respect the deadlines and steps defined by the Group

You will be responsible of implementing the controls and / or taking the necessary actions to ensure the achievement of the task / s Independently of the role of entity coordinator, the SME is responsible of informing the reporting sites / regions about the instructions of the tasks, the results of the controls as well as the actions to be taken over the reporting packages or particular tools / systems

Post Closing

Production of Key Performance Indicators, synthesis and debriefing : Participate on the elaboration of the KPIs that measure the performance of the reporting sites / regions. It implies to summarize and quantify the results from the work performed by the regions, provide an issue log, participate on follow-up meetings and collaborate on defining action plans on open issues

Accompany and foster the performance of the production teams by providing assistance

Synthetize the key issues encountered during the quarterly closing and report to the Team Leader as well as top management accordingly.

Participation To The Transformation Of The Function

Based on the projects and the continuous transformation of the function, the team member will participate on the implementation of the needed action plans / changes that the organization might require

Key contributor for any global change management initiative : the team member must be open to changes, diversity and new projects as well as keen to resilience

Support To The Sites / Platforms

Due to the continuous changes in the standards, regulations and organization, there might be a need of development for the entities / regions that implies support to the sites / regional platforms.

Technical & Behavioral Competencies

Maturity, professional standing, strong interpersonal communication skills and presentation skills

Solutions-oriented thinker who is able to generate creative idea

Ability to work under pressure, within tight deadlines and with complex requirements from Group, Regulators and Auditors

Ability to work collaboratively with relevant teams across locations

Strong planning and organizational skills

Ability to be autonomous

Understanding of system requirements and capabilities to ensure appropriate controls and operational processes

Ability to work with remote locations

Diversity player

Specific Qualifications

In-depth knowledge and understanding of generally accepted accounting principles, IFRS, banking regulation, Group instructions and accounting rules

Strong knowledge on IFRS9 about classification and measurement of the financial products, impairment

Strong understanding of transactions from finance / accounting perspective

High knowledge on MS Office

Excellent Excel skills (including pivot tables, VLOOKUP, SUMIF)

Adaptability : ability to learn new systems or processes quickly

Training and occupational experience

Masters on Finance / Audit / Accounting in business school or equivalent

Minimum 2 years of experience in at least one of the following business disciplines preferably within a banking company / audit firm : financial or regulatory reporting, audit (internal or external), internal control, financial planning and analysis, financial accounting

Advanced level in English, French is a plus

Skills Referential

Behavioural Skill

Communication skills - oral & written

Decision Making

Adaptability

Critical thinking

Transversal Skills

Ability to anticipate business / strategic evolution

Ability to develop and adapt a process

Analytical Ability

Ability to manage / facilitate a meeting, seminar, committee, training

Ability to understand, explain and support change

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%)

32 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.

Seniority level

Entry level

Employment type

Full-time

Job function

Accounting / Auditing and Finance

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