Job Description

Job Level: Assistant Vice President Location: Pune Shift Timing: EMEA

Finance It is crucial for the bank to understand how profitable each businesses activity is and Finance has a responsibility to understand precisely the resource commitment the bank makes to any given client or transaction e.g. cost, capital, funding, liquidity and risk. Finance is playing a central role in keeping the bank focused on simplification and financial resource management. With our diverse teams in 47 countries, we offer a broad portfolio of capabilities. Our key functions range from Group Finance, Treasury, Planning and Performance Management, and Investor Relations to enabling functions such as Finance Change and Administration. These teams make sure we cover all Finance specific aspects for our internal and external stakeholders such as shareholder, employees, clients and regulators. Together, it is the role of Finance to oversee all financial details for Deutsche Bank globally. Sound financial principles are at the core of everything we do. That’s why Finance is vital to the way we run our business. In a global marketplace that’s constantly evolving, being adaptable, decisive and accurate is critical Deutsche Bank’s Finance division oversees the financial performance of the Bank. We advise senior management on the financial performance of all the areas of the bank. Finance is also involved in initiatives to help to lower costs, manage risk and improve performance. We deliver information to our shareholders, creditors, tax authorities, regulatory authorities, and auditors. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements / Work from Home Option (if necessary)
• On job training on various International Reporting Standards relevant to the profile
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

The Accounting close role encompasses the following key functions:

• Closing and Financial reporting including Complex disclosures
• Understanding of legal entity financial information

• Consolidation of financials as per Group Reporting policy
• Maintaining SOX documentation
• Performance of Management Review Process (MRP)
• Understand the complete end-to-end process flow from month-end journals to and identify exceptions

• Financial analysis

• Managing the day-to-day relationship with key stakeholders across locations to ensure strong working partnership and build up a collaborative model
• Providing updates to Senior Management on the production process and highlight key risks in a timely manner

• Support for Regulatory reviews and Audits
• Driving change i.e. engagement in Redesign of systems and processes
• Looking at simplification & standardization of processes

• Knowledge of IFRS and upcoming changes in IFRS & implications there of
• Managing internal & external audits

• Work closely Regional Finance and Sourcing teams.

Responsibilities / Tasks

Functional responsibilities

• Independently manage the accounting and reporting for certain legal entities (including validation and control function of monthly financials and IFRS reporting to Head Office)
• Responsible for Balance sheet account substantiation on monthly basis
• Support external audit work on annual basis.
• Support other financial reporting requirements such as risk forums, ALCO, Board meetings by way of understanding the requirements of stakeholders, preparation of applicable decks etc.
• Lead from Finance perspective, any process review/re-design pertaining to such entities necessitated by any process improvement idea/regulatory requirement
• Work in close coordination with Finance Service centres at Pune and Manila
• Ability to develop and leverage relationships with multiple teams within organization for delivery on business goals
• Working knowledge of SAP and ability to understand the complex system architecture and platforms
• Prior experience of process migrations would be added advantage.
  
  
  

Experience / Exposure

The candidate must be a highly motivated and high performing individual. He/ She must be able to handle all levels of complexity in their product coverage or area under control, be able to multi task with relative ease and be flexible enough in shifting workload in accordance with changing priorities, and be comfortable dealing with a sometimes stressful and fast-paced month end priority-driven environment. He \ she is expected to have demonstrated experience of working with multiple teams in a matrix organization 5+ years working experience (preferably in Finance teams of banks, securities firms, investment banks or professional accounting / audit firms or in a similar capacity in a BPO / KPO center). Prefer knowledge of trading products, their valuations and control processes. Prior experience in a controllership role would be highly valuable Soft Skills

Communication

• Ability to communicate effectively (oral & written)

Analytical abilities

• Displays a high degree of control awareness
• Attention to detail and big picture view
• Strong analytical / business problem-solving skills

Time management skills

• Well organized & able to logically present results of work
• Ability to work under pressure and to deadlines
• Ability to manage own time

Drive and Motivation

• Passion for change
• Drive process improvement
• Diligent, thorough, shows initiative and is proactive
• Ability to challenge status quo.

People Management

• Ability to coach and mentor team

Education / Certification

• Qualified Accountant- CA/CPA/ACCA/MBA or Post Graduate in Commerce

How we’ll support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams
https://www.db.com/company/company.htm l Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.