Finance ANALYST – Corporate Accounting & Expenses

GROUP BNP PARIBAS

BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.

Infinity Finance HUB

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.

ABOUT THE JOB

MISSION

He/she will perform tasks allocated mainly to the Finance accounting team responsible for the end to end process of all related transaction affecting the operational expense booking and reporting of the Corporate and Institutional Banking, BP2S and Personal Finance entities under scope on Europe, Middle East and Africa Region (EMEA).

Within the team called *Finance EMEA: Corporate Accounting & Expenses, the candidate would be assigned to different scope such as Fixed Assets & leases, Personnel Expenses, General Expenses, transfer pricing & Tax or Management Accounting. The team ensures an accurate, reliable and comprehensive set of segmented financial data required for the production of all Reporting streams through a solid control framework that covers oversight on upstream processes, Finance own processes and controls on data quality.

Financial Accountants are involved in the day-to-day maintenance and control of the general ledgers for the entities under their responsibility associated to the assigned profit & loss segment mentioned above. When applicable, they coordinate review and potential adjustments with other teams. Additionally, they will have to ensure quality of data for all Reporting streams and be in charge of performing adjustments when needed in the General ledger.

RESPONSIBILITIES

Accounting & Control Functions

• Involve in monthly closing cycle activities from book keeping to reporting

• Ensure End to End data quality and accuracy of accounting & reporting for a specific list of EMEA entities, including preparation of reporting package flows for different Bank’s tools regarding Financial accounting and Management accounting

• Maintain the general accounting of all entities, including overheads and inter-entity reinvoicing transfer Pricing Agreements

• Perform and/or control the accounting and tax classification for overheads, pay-roll and employee benefit expenses, depreciation and amortization on tangible and intangible assets including potential impairment or write off

• Calculation, booking and integrity checks related to IFRS16 Calculation

• Profit & Loss analysis by general ledger accounts and cost centers, providing analytical reviews for the different stakeholders

• Provide Finance supervision & completion on first line of defense controls performed by Back Offices operations, ensuring accuracy and completeness of the data feeding done by the back office operation tools related to Corporate Accounting & Expenses

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

• Provide assistance in coordination with the management in responding to questions from the external auditors, Operations, and other support groups by:

  • Ensuring prompt resolution and follow-up of questions / requests for information
  • Escalating problems/issues to the team leader and/or head
  • Providing quality service to other teams

Projects, Systems Support, Operational Process Improvements

• Participate in the assessment of the current operating model and in the implementation of action plans to achieve the defined target operating model

• Participate in the upgrades/version releases of respective reporting tools

• Assist in identifying operational process improvements in production, control procedures, and workflow organization to increase the team’s efficiency and effectiveness.

REQUIREMENTS

• Studies

  Business school, University Graduate, Master Degree preferably in Accounting or Finance Degree

• Between 3 to 4 years’ experience in Finance performing similar activities for multinational companies, including audit and consultancy firms

• Experience of working in an international environment appreciated

• Languages

  • English Advanced

  • French and other European languages a plus

SKILLS

• Technical

  • Knowledge of operational expenses book keeping in ERP and reporting tools is desirable
  • Working knowledge and understanding of generally accepted accounting principles, especially in IFRS. French GAAP a plus
  • Business Objects
  • SAP/Oracle knowledge a plus
  • Excel (including pivot tables, VLOOKUP, SUMIF)
  • Programming knowledge a plus

• Transversal & Behavioral

• Effective analytical, organizational, and problem-solving skills

• Ability to learn new systems and products quickly

• Strong communication skills, both written and verbal

• Self-starter and team player, able to work independently and collaboratively with various teams in a matrix organization and deadline-focused environment

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.