In Scope of Position based Promotions (INTERNAL only)

Job Title: Associate – Corporate Bank Business Finance

Location: Mumbai, India

Role Description

• This is a Business Finance role for the Corporate Bank (“CB”) franchise and is responsible for managing all CB Divisional Finance topics, facing off to FD/FMs and business managers across hub locations.
• The incumbent would be responsible for a range of business finance activities including month end ledger close, journal postings, P&L reporting, Revenue Flash/Actuals, Balance Sheet substantiation, financial disclosures; and so on.

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

Business Finance is responsible for the production, validation and reporting and analysis of daily P&L including attribution, month end financial statements including substantiation, and disclosures, for their area, in line with applicable internal policies and external regulatory, statutory and control frameworks.

Key deliverables for this role include:

• Revenue Flash, Monitoring and explaining variance vs prior trends and actuals as they develop during ledger close.
• Engaging with Business managers across regions/businesses for the above - this is critical due to lack of daily P&L, requiring detailed driver based explains of movements, cyclical and episodic events
• Managing other deliverables including FX exposure management, financial disclosures and Balance sheet substantiation.
• SOx control signoffs - performance of key controls including Analytical review, Financial Adjustment reviews, Book Completeness.
• Managing audit requirements

Your skills and experience

• Qualified Finance professional with CA or MBA in Finance
• Minimum 5 years work experience in a bank or financial institution in Finance functions
• Good communication and articulation skills with experience in facing off to business heads
• Proven ability to work in a diverse team with cross-cultural exposure
• Very good desktop and presentation skills
• Experience in managing regulators and auditors

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.