Description of the Department The Financial Reporting team is a customer focused team; they support the business and client activities of the Operations division of BNP Paribas Securities Services. The team has extensive interaction and dealings with various managers and all teams within the Operations division as well as other internal BNP Paribas Securities Services teams such as the Risk Function and Relationship Management teams. The team has monthly and quarterly client reporting deliverables and is also responsible for the preparation and review of clients’ statutory financial statements, APRA returns and ABS reports. This involves reviewing reports prepared by our team offshore and ensuring that all data is reconciled to the investment system, registry, auditors, clients and other external sources. In terms of volume, the team is responsible for producing approximately 350 sets of financial statements at year end and 230 sets of financial statements at half year, quarterly APRA reporting for approx 19 clients and ABS reporting for approx 9 clients (25 forms). This team also assists our colleagues in New Zealand preparing financial statements for their 31 March yearend (approx. 150 sets of financial statements). In addition, the team is responsible for the maintenance of the general ledger system and as a result is involved in all major projects and development in the business. The team works with other operational teams to resolve queries and provide advice on accounting and general ledger related queries. Summary of the Role: The Senior Financial Reporting Accountant plays a key role in supporting the service delivery of the Fund Administration teams and meeting our clients’ statutory reporting requirements. The Senior Financial Reporting Accountant is responsible for the preparation and review of daily, weekly, monthly, and quarterly and year-end deliverables for our clients, as well as managing the financial statements process at year-end and half year. The Senior Financial Reporting Accountant prepares and produces accurate and quality reporting in line with SLA targets. The Senior Financial Reporting Accountant has knowledge of Fund Accounting, Unit Pricing, Investment Administration and reconciliations. They understand the importance of accuracy in reporting. Time management and the ability to operate effectively within critical time constraints in the area are important. Working with various teams and individuals in the Operations division, the Senior Financial Reporting Accountant is enlisted with providing excellent client support and service; they deal in a pro active and effective manner with clients, in particular overseeing or investigating and resolving complex client issues and ad hoc queries, on a timely basis. Communication is also an important attribute for this role as the Senior Financial Reporting Accountant works directly with clients and provides technical advice to our clients and also to our internal departments. The Senior Financial Reporting Accountant manages clients and auditors over the yearend process and ensures all deliverables are provided accurately and on time in line with the clients’ expectations. In addition to report preparation and review, the Senior Financial Reporting Accountant is responsible for understanding and implementation of the operational risk and legislative requirements of Fund Administration and BNP Paribas policies, in particular, ensuring compliance with the implementation of the Operational Risk and Control framework. Key Responsibilities Responsibilities will include some but not necessarily all of the following: Client reporting APRA and other regulatory reporting Financial statements preparation and review Reconciliations Client and auditor management Resolution of client issues and ad hoc queries Resolution of accounting & general ledger queries from the business and clients Assisting with related systems, process or internal change initiatives and process improvements Qualifications & Experience required for the role: Approximately 7+ years commercial experience in financial services accounting or financial reporting Knowledge of fund accounting, reporting and related operational risk and compliance requirements of the client service function Degree qualified in Business, Accounting or related discipline Qualified Accountant (CA/CPA) Experience using central accounting systems and producing reconciliations Demonstrated history of being results focused and excellent attention to detail Excellent communication skills, both verbal and written Demonstrated history of managing clients and auditors at yearend Core Competencies required for the role: Accountability - Committed to achieving the organisation’s objectives. Demonstrates perseverance and is accountable for own actions. Attention to detail - Ensures accuracy and implements processes to ensure quality of output. Ensures high personal standards in all areas of work. Client Focus - Complete commitment to provide professional, intelligent and timely responses to our clients’ needs and to changes in the market Change management - Displays flexibility to change and is open to new ideas. Encourages others to be open to innovation. Values feedback and gives people scope and confidence to generate ideas. Communication - Oral: Expressing ideas effectively in individual and group situations. Adjusting communication style to match the needs of the audience. Written: Expressing ideas clearly in all written documents. Using professional, appropriate language at all times, and adhering to the use of the BNPP Email Protocols. Commitment - Committed to our customers, shareholders and employees. Demonstrates enthusiasm towards the organization and motivation to add value and be part of the organization. Innovation - Proactively looks for opportunities for continuous improvement and thinks creatively Individual Leadership - Uses an appropriate interpersonal style to inspire and guide colleagues towards goal achievement. Adjusts behaviour to accommodate tasks, situations and individuals. Responsiveness - Adapts when facing new or unforeseen situations. Delivers on time the required service. Risk awareness - Adheres to the organisation’s processes and procedures. Demonstrates a good understanding of compliance issues and implements work practices that minimise operational and reputational risk Team Orientation - Works with the team and the broader organisation towards shared goals and treats all colleagues and clients as partners Technical/professional knowledge - Demonstrates a satisfactory level of technical and professional skills/knowledge in job related areas. Keeps abreast of current developments and trends in area of expertise
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