Job Title: ADP Analyst

Location: Pune, India

Corporate Title: NCT

Role Description

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 Regional Finance, Finance Chief Accounting Office, 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.

Your key responsibilities

Division specifics about the role

Primary function of the Business finance role is

Revenue control

• Responsible for the accurate and timely production of daily P&L, with appropriate attribution relevant for the product.
• Providing meaningful commentary that summarises the PL move conforming the market events to Front Office traders and senior Finance managers.
• Stakeholder management by promptly responding to various queries/issues from Finance onshore management, Front office traders, Risk management, etc

Financial control:

• Posting appropriate journals manually as per IFRS standards and/or local GAAPS while observing all the relevant controls to prevent any misreporting of the financials.
• Ensure accurate and timely closure of financial statements i.e., Balance Sheet and Income Statement of the business.
• Disclosures reporting
• Understanding and adhering to the various controls involved in keeping a very high quality of delivery

Primary function of the Global Reporting role is:

• Regulatory and Public disclosures in year-end and quarter-end reporting related to balance sheet, solvency and securitization topics.
• Ad hoc reports to regulators for the above related requests
• Internal management reports for the above-related requests
• M-on-M movement analysis for balance sheet and off-balance sheet products and understanding of the business drivers.
• Drive and contribute to infrastructure projects such as the deployment of new regulatory requirements.
• UAT testing new changes in regulatory framework to comply with Taxonomy rules.
• Looking at simplification & standardization of processes
• Overall, the role provides all the right exposure that is required for an individual to grow as an effective finance professional in the global banking domain. Candidates hired in the function would be absorbed in one (or a mix) of the above roles.

Primary function of the Accounting Close is:

• Head office reporting including P&L and BS and other disclosures (CAT I ,II & III and HGB )
• IUC accounting & reporting including local & group level
• Management Reporting – Board packs, country packs etc
• MRP & Reconciliations
• Other misc reporting – FX reporting, Tax movement schedule etc.
• Validation checks and reconciliation of Financials in BCS system
• Statistical uploads and Disclosures in BCS
• Preparing & submitting of Monthly, Quarterly, Yearly Forms within the Head Office governed deadline.

Primary function of the Infrastructure CFO is:

• Governance of Infrastructure Cost Allocations processes,
• Supporting Group/Regional Tax with respect to critical Transfer Pricing issues, overseeing the Month-end Cost Close (MECC) and associated Clear-outs, supporting the annual TP Audits.
• Oversight of monthly Infrastructure Cost Allocations & Transfer Pricing, generating valuable MIS.
• Engagement with multiple internal & external stakeholders (e.g., Group Audit, Tax, Financial Control & Oversight, etc) to enforce a robust governance framework
• Support the quarterly & annual DBCM Transfer Pricing Reporting requirements for Group Tax TP, including the delivery of the necessary Transparency Reports & Dashboards
• Manage the execution of the Driver Based Cost Management (DBCM) Adjustment process

Your skills and experience

• Good understanding of financial instruments such as OTC derivatives and listed derivatives. Understanding of derivative Greeks and RWA Market and Credit risk.
• IFRS/GAAP knowledge is preferred.
• Good communication skills for collaborating and engaging with various stakeholders including front office traders.
• Strong analytical and problem-solving capability.
• Strong advanced excel skills. Knowledge of automation tools such as Python, Visual Basics/SQL, Power Automate etc would be advantageous.
• Time management, prioritization and timely escalation of issues are key to success in the role.
• Diligent, thorough, shows initiative and is proactive.
• I should be a good team player.

Education/ Certification/ Skills

• MBA Finance

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.