01 Aug
|
Important Business
|
Mumbai
01 Aug
Important Business
Mumbai
We are looking for an expert Accounting Controller to join our awesome team at Deutsche Bank in Mumbai.
Growing your career as a Full Time Accounting Controller is a fantastic chance to develop competitive skills.
If you are strong in presentation, adaptability and have the right initiative for the job, then apply for the position of Accounting Controller at Deutsche Bank today!
Accounting Controller
Position Overview
Job Title-
NCT & Associate
Location-
Mumbai
Role Description
The Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures.
It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained.
It also ensures that all of the Bank's transactions and positions are correctly reflected in the Bank's accounting records and disclosures, in accordance with relevant accounting standards.
- Produce daily profit and loss for the business unit/trading centre
- Provide necessary transparency of controls done either for quality assurance or for final validation and control performance
- Obtain necessary sign-off from Front-Office (Traders) of the reported P&L;
- Resolve daily FOBO cash breaks for the business
- Participate in CTB (Change the Bank) initiatives of the team as well as domain-wide
- Liaise with different support teams for escalation and remediation of daily issues encountered
- Collaborate with Financial Controlles and Business Relationship managers to ensure front to back controls are managed effectively.
- Work with different stakeholders to improve existing processes and outputs
- Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
The position sits with Rates Business for EMEA region.
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
- The role is Rates business aligned and will entail multiple sub product businesses.
- Strong product knowledge on Interest Rates derivatives, with sound understanding of risks and valuations
- Responsible for the oversight and management of the generation of the daily independent Risk and P&L; in a timely manner, ensuring daily reconciliation and position reports as required.
- Reviews any exceptions raised in reports by the team and/or escalated by the supervisor
- As the key point of contact for traders and onshore colleagues, ensures all queries are rectified on a timely basis
- Facilitates business growth and re-organisation. Involvement with the NPA (New Product Approval) process, making changes to reporting process as required.
- Participate and execute strategic systems role out and other Change the Bank initiatives.
- Work to ensure process standardisation across global product reporting, applied to both workflow practice and work tools that are used. Ensures a robust and scalable production process.
- Responsible for the talent development and training requirements of team, delegating to supervisors where applicable
- Balance sheet and P&L; review/commentary of CB&S; Finance covering different businesses - Structured Finance, Non-Core Units, GME, Fixed Income & Currency
- Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
- Performs QA function for processes within his/her teams remit and regularly assesses the effectiveness of the checks
- Balance sheet and P&L; reconciliations between management reporting and financial reporting at a business level
- Monitoring of exceptions including investigation and explanation
- Review of Balance sheet substantiation
Your skills and experience
- Relevant experience in Financial Services / Product Control, experience in supervising in a risk and P&L; environment over and over experience in production.
- A Business or Accountancy based degree.
Further relevant studies and/or a Masters is an advantage
- Enhanced technical knowledge, particularly on Rates Risk Engine and an appreciation for the front to back process and control environment
- Good cultural awareness and able to manage stakeholders across locations
- Good people management skills in terms of team development and retention
- Good communication skills, fluent in English (written/verbal)
- An 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
- Keeping pace with technical innovation and market driven initiatives and maintains a broad understanding of the Business Finance offering
- Able to work under pressure
- Able to challenge existing procedures and proactively look for process and system improvements.
- Able to transfer knowledge and expertise to team members, and work across functions in order to share information and proactively resolve challenges.
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:
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.
Click to find out more about diversity and inclusion at Deutsche Bank.
Benefits of working as a Accounting Controller in Mumbai:
● Excellent benefits
● Opportunities to grow
● Advantageous package
📌 Accounting Controller - Urgent Hire (Mumbai)
🏢 Important Business
📍 Mumbai