Deutsche Bank

Finances businesses and manages personal wealth

Business Finance Senior Analyst

Financial AccountingConfirmed live in the last 24 hours

Full-timeMumbai, Maharashtra, IndiaNo salary listedIn-person

About the Job

Requirements

Eight years of experience in an organization's core accounting function is advantageous.
Strong understanding of financial market products, including bonds, loans, derivatives, and equities.
Experience working in a global environment is preferred.
Strong analytical and quantitative skills.
Competent use of Microsoft Office, specifically Excel and Access.
Ability to work with multiple data sources and maintain confidence in figures and presentation.
Ability to self-review reports and deliverables accurately.
Knowledge of SAP and programming skills are helpful but not required; SAP must be learned quickly.
Proven ability to build and develop successful relationships with RPL, Operations, and CSR.
Ability to work in virtual global teams and a matrix organization.
Ability to share information and transfer knowledge and expertise to team members.
Strong negotiation skills are required in some aspects of the role.
Proven ability to use AI tools to improve productivity and workflows, solve business problems, and apply critical judgment to ensure responsible and ethical use of data and AI outputs.

Responsibilities

Produce daily T+1 profit and loss (P&L), attribution, and analysis accurately and on time.
Provide daily commentary and investigate variances for Front Office traders and senior Finance managers.
Investigate and resolve breaks, including Model versus Actual (Ledger) Cash and Front Office/Middle Office system versus trade-document discrepancies.
Substantiate balance sheet accounts by obtaining required general ledger account support in line with MRP policy, and review FX balances.
Produce management information system (MIS) reports for the assigned businesses within agreed timelines.
Perform month-end close activities, including SAP journal entries, reconciliations, balance sheet substantiations, and reporting.
Perform quality assurance for processes within the remit and regularly assess the effectiveness of controls.
Engage with Change the Bank (CTB) and Subject Matter Experts (SMEs) to deliver change.
Act as the first level of escalation for team issues and stakeholder escalations.
Manage timely resolution of product reconciliation breaks and exception items.
Standardize processes across the business.
Provide summaries of key risk indicators (KRIs) for the business area and remediation plans when service-level agreements (SLAs) are missed or issues exist.
Ensure key operating procedures (KOPs) are reviewed for relevance and effectiveness on time.
Interact with global stakeholders and auditors.

Desired Qualifications

Adaptability and cultural awareness.
Ability to learn quickly.
Effective oral and written communication and interpersonal skills.
Ability to organize and clearly present work results.
Comfort driving process improvement and constructively challenging existing practices.
Inquisitiveness.
Diligence, thoroughness, initiative, and proactivity.
An open-minded approach and flexibility in problem solving.
Ability to keep pace with technical innovation and market-driven initiatives and maintain a broad understanding of the GBS offering.

Job Description:

In Scope of Position-Based Promotions

Job Title: Business Finance Senior Analyst

Corporate Title: AVP

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 you’ll 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
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 with the 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 stkeholder 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 8 years in the core accounting function of an organization would be an advantage.
Strong understanding of financial market products such as Bond, Loans, Derivatives & Equities.
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

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

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.html

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.

About the Company

Deutsche Bank

Finances businesses and manages personal wealth

Deutsche Bank finances companies, governments and individuals through a global banking network rooted in Germany and spanning major financial markets. Its investment bank focuses on bonds and currencies, alongside advice on mergers and raising capital, while its private bank handles household banking and wealth management. Businesses use its cash management, trade finance and lending services to move money and fund operations, and the group manages investment funds through DWS. It earns money from loan interest, transaction and investment fees, and trading activity. Deutsche Bank traces its founding to 1870 and is headquartered in Frankfurt am Main, Germany.

Company size: 10,001+
Company stage: IPO
Headquarters: Frankfurt, Germany
Founded: 1870

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