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
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 / busi
• 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
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 / busi
💡 Quick Summary
Seeking a career-building opportunity? The Pb Growth avp ac Fft position is now open for candidates interested in the Bank Jobs sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
