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In a changing world, unprecedented challenges require unmatched talent. Join one of Montreal's Top Employers in 2023. We are a dynamic and growing organization having its main establishment located in downtown Montreal and part of a leading international banking institution fully committed to building a more sustainable future. Note that the position may be in the Canadian Branch of BNP Paribas or in one of its subsidiaries based in Montreal.
The position at a glance
The Analyst Brazil Subject Matter Stream (SMS) is responsible for the day-to-day maintenance and control of the general ledgers for the Brazilian entities. When applicable, she/he coordinates investigations, review of ledgers and potential accounting adjustments with the operations and reporting teams that they support. The scope of this role includes the recording of revenue and expense arising from transactions from Capital Markets and commercial lending activities on daily, monthly, quarterly, semi-annual, and annual basis, to ensure that the financial records are properly maintained and exceptions are resolved in a timely manner.
In detail
- Perform month-end financial closing for the Brazilian entities (under IFRS and Local GAAP), which includes the posting of accounting entries and transactions analysis, the maintenance of analytical balances and analysis to communicate and resolve differences with counterparts.
- Enforce controls and ensure that balance sheets are in balance; prepare balance sheet reconciliations for the accounts assigned to Finance.
- Execute the Cost of Risk provision processes and outputs for IFRS and Local GAAP.
- Ensure the completeness and accuracy of feeds from the operating systems to the general ledger through a review of the reconciliation reports.
- Provide assistance in responding to questions from the external auditors, Client Service Team, Operations, Projects and reporting teams.
- Perform the upload quarterly from Ledger to Head Office Reporting tool assuring that head-office reporting requirements and instructions are covered across the different schedules.
- Coordinate update of static data (tables, parameters, allocations) and user maintenance for the tools/systems under the team’s responsibility.
- Prepare the quarterly GAAP adjustments (conversion to IFRS) to make sure reporting figures are well presented in both GAAPs.
- Prepare files support for adjustments related to securities and IFRS 16.
- Prepare/ update Mappings between GL and Head Office reporting Tool.
- 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 troubleshooting after deployment.
- Work with various stakeholders helping to understand and account for the impact of new products, transactions, and businesses on accounts.
- Participate in the testing, and implementation of systems to support the activities.
- Prepare and update policies and procedures related to Finance activities for Mexican entities.
- Escalate problems / issues in a timely manner.
- Provide quality services to other teams / Groups (Which includes interaction with Brazil Finance and Operations).
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