Job Title: Head of Financial Control & Performance Management
Business Unit: Finance
Contract Type: Permanent
Location: Sandyford, Dublin
About BNP Paribas
At BNP Paribas, we center our values on what drives the company forward. Our driving forces are Agility, Client Satisfaction, Compliance Culture and Openness.
Agility: we want to behave more simply to embrace useful innovation and digital transformation.
Client Satisfaction: we believe that our success lies in being the customers’ and clients’ preferred choice.
Compliance Culture: we believe in promoting clear rules to foster a strong culture of compliance and ethics
Openness: we promote open-minded attitudes towards our stakeholders. We aim for everyone in Group to feel included, to have their say and be empowered
Our strengths are based off four key areas of Stability, Expertise, Responsibility and Good Place to Work
Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint.
Expertise: we build upon our recognized and expanding knowledge of our teams.
Responsibility: we build upon our culture of responsibility and integrity to ever better serve the interest of our customers
Good Place to Work: we foster a stimulating workplace where people are treated fairly and with respect

ROLE:

The role of Head of Financial Control & Performance Management ensures the reliability of the Accounting Figures, presenting and explaining evolutions to Country Management, Company Boards, Business Lines, Functions. With particular emphasis on accuracy, completeness, integrity, and adherence to reporting deadlines.
This is a leadership role leading a local Team which leverages strongly on a Central Finance Platform & Operating Model; Fronting and Accountable for the Performance Management reporting towards local Stakeholders and external Auditors. Strong Co-ordination is required from this role ensuring that a One-Finance Team is maintained, owning the results locally while optimising the performance of services provided to us by the Central Finance Platform – importantly ensuring any issues are identified, analysed and followed thru.
The scope of entities includes all CIB Entities *managed in Ireland – but prioritised firstly on BPFASIL followed by BNPP Dublin Branch as the primary 2 entities together with the other CIB entities under CIB Finance responsibility.
A key objective within is to provide a reliable & suitably granular view on all Revenues & Costs – while initiating & driving simplification where required.
This position has 3 Macro Objectives:
Financial Control – Revenues, Costs, Ratios
Establish and maintain a systematic framework to control, monitor & explain the evolutions in Revenues & Costs.
Validating all Revenues with the Business Lines & validating Costs against expectations.
Principle requirements are two-fold ; “Know Our Costs”, “Know Our Revenue”.
Anticipating where required any Capital Requirements for the Entities under our management.
Performance Management Reporting to Executive Stakeholders
The role includes that of owning and presenting the information as well as that of working with the Teams and Stakeholders to improve the reliability by way of implementing a stronger analysis and awareness of the movements in the Management Accounts. It is a role to build on top of what is already there but to bring it to the next level.
To ensure the Management Accounts Reporting is in line with the expectations of the influencing drivers.
Oversee & Optimise the Interco Recharges
Develop & Maintain a vision and understanding of all Interco Charges with Group Entities (Local & Central)
Maintain the Recharge Rationales for local SLAs, Revenue/Cost Sharing Agreements & Group recharges.
Be accountable to drive Simplification where opportunities exist to remove complexity & operational Risk with the inter company recharging. Ensuring smooth compliance with OFR (Own Funds requirement) Ratio for BPFASIL ; which includes identification of Direct Costs which should be housed within the Branch, validating with Senior Mgt and organizing the transfer, updating the impacted SLAs, Revenue/Cost sharing agreements & recharges out of the territory.
The Head of Finance Control & Performance Management foster people care & development – ensuring the Team is well equipped and performing – with strong collaboration across the different Finance Teams locally and centrally.

KEY RESPONSIBILITIES:

Preparation & Presentation of Financial Reporting to the Entity Boards & Country Management.
Develop & Maintain a control framework of the Revenues & Costs ensuring deltas are explained.
Validating all Revenue Results with Business Lines and following up on any discrepancies. Escalating any Material Anomalies to CFO & COO. Define & Follow action-plans to resolution.
Deliver high quality Performance management reporting to local/central stakeholders paying special attention to the rigour and consistency check on the figures.
Coordinate with CFO any Capital needs for the CIB entities. Specifically but not limited to ; recurrent monitoring on the Own Funds Requirement (OFR) and Projection for BPFASIL anticipating any new Capital need in advance.
Leverage strongly on the Madrid Finance Platform strengthening the operating bridge with the local team. With the overall Finance Platform supporting the delivery of the following missions:
Review the Controls on Accruals – to ensure alignment with the Cost Base Map & Revenue. Build some Key Control Points – which can be reported to Senior Mgt.
Upgrade the Cost & Revenue Reporting Granularity & Control – to the Entity Boards
Analyse & Map the Annual Costs and materialize in a Macro & Micro Reporting Pack
Lead a Simplification Drive materializing in “optimal” TPAs, CSAs arrangements between the entities. “Challenge and Drive the change”
Develop and maintain the map of intercompany flows – ensuring Accruals are accurate and smooth
Accounts Payable; ensure Timely & Accurate processing – escalating & managing any items across the companies > 90 Days.
Procedures & Share knowledge
Work with the Finance Teams to propose improvements and take the lead on the formalization.
Supervision and accountability on Financial & Business Analysis team providing to CFO executive summary on their KPI/KRIs.

QUALIFICATIONS & EXPERIENCE REQUIRED FOR THIS ROLE:

Competencies
Educational Background: Finance and accounting certified. 10+ years’ experience in the financial services industry o/w 5+ years managing teams
Organizational capacity
Control driven / rigour
Ability to synthesize/simplify
People Care
Strong Analytical Skills
Strong Communication Skills
Strong Leadership Skills
Proven ability to influence and interact with senior stakeholders
Discipline & Control orientation
Conduct:
Be a role model, supporting and fostering a culture of good conduct
Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure.
Take responsibility for your team’s conduct and conduct risks