Business Finance, Associate

About The Role :In Scope of Position based Promotions (INTERNAL only)

Job Title:Business Finance, Associate

Location:Mumbai, India

Role Description

Within Business Finance, we have Revenue Control & Financial Control functions. For each product / business line the Revenue control & Financial control responsibilities are segregated & well defined.

As a Business Finance personnel, the core responsibilities is to ensure accurate reporting of periodic P&L, Risk and BS on the basis of sound business/ product understanding along with strong accounting & system knowhow.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

Best in class leave policy

Gender neutral parental leaves

100% reimbursement under childcare assistance benefit (gender neutral)

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

Your key responsibilities

Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.

Providing daily commentary and variance investigation to Front Office traders and senior Finance managers

Break investigation and resolution:Model vs Actual(Ledger) Cash, FO/MO system vs trade docs etc

Market Conformity Check exceptions resolution

Balance sheet substantiation, i.e. obtaining requisite supports for GL accounts in line with MRP policy; FX Balance review

Production of various MIS reports for the above businesses within agreed timelines

Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting

Performs QA function for processes within their teams remit and regularly assesses the effectiveness of the checks

Engages with CTB/SME ( Change the Bank / Subject Matter Expert) in order to deliver change

First level of escalation for team issues and for stakeholder escalation

Manages the resolution of product reconciliation break/exception items in a timely manner

Process standardization across business

Provides summary of KRI's for their business area and remediation plans where SLA's are being missed and/or where issues exist

Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis

Interaction with global stakeholders & auditors.

Your skills and experience

An experience of 5-7 years in the core accounting function of an organisation would be an advantage.

Strong understanding of financial market products such as Loans, Equities & OTC.

Adaptable and culturally aware. Experience of working in a global environment preferable.

Ensure team work culture is practiced.

Ability to learn quickly.

Ability to communicate effectively (oral & written) & strong interpersonal skills.

Strong analytical and quantitative skills.

Well organized & able to clearly present results of work.

Essentials Competent use of MS-Office specifically Excel and Access.

Working with multiple data sources and having confidence in figures and presentation.

Accuracy-driven and able to self review reports and other deliverables effectively.

Be comfortable & willing to drive process improvement.

Be able to constructively challenge.

Be inquisitive.

Knowledge of SAP and programming skills helpful but not required. SAP need to be learned quickly though.

Should be diligent, thorough, shows initiative and is proactive.

Proven ability to own and develop successful relationships with RPL, Operations and CSR

Excellent team worker, able to work in virtual global teams and in a matrix organization

Open minded, able to share information, transfer knowledge and expertise to team members

Flexibility regarding problem solving.

Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the GBS offering

Strong interpersonal/good negotiations skills are required, in parts leadership

How we'll support you

Training and development to help you excel in your career

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

Please visit our company website for further information:



https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.