Description
We are seeking a Treasury and Business Finance – Financial Control and Analysis Associate to join our team in Manila.
Treasury and Business Finance (TBF) owns the Treasury and Investment Banking Finance controls and provides insights on Treasury and Business performance. TBF is a control function with a critical role of ensuring integrity, completeness, and accuracy of the Bank’s financial books and records.
The Financial Control and Analysis function performs various period-end activities inclusive of but not limited to journal postings, MAFA (Management Accounts vs Financial Accounts) and FOBO (Front Office vs Back Office) reconciliations, hedge accounting and substantiating balance sheet accounts - to ensure accuracy and completeness of financial and risk reports for multiple legal entities globally.
Key Responsibilities:
- Reconcile and close the month-end General Ledger for the accounts (Balance Sheet and P&L) for the product(s) relating to the Business and Entities within the SLA, and adjust ledger to reflect structured trades and Accounting GAAP
- Investigate and clear exceptions/break items, interacting with Revenue Control and Analysis, Operations and Transaction Accounting teams to ensure that MAFA and FOBO reconciliations of all forms are clean and aged breaks have clear ownership and defined escalation process
- Improve processes and linking this to the upstream/downstream processes and outputs
- Implement standardization to methodologies and outputs
- Drive and coordinate strategic initiatives and engaging with multiple stakeholders across the globe, and be a change agent by maximizing efficiencies and enhancing control
Requirements:
- Bachelor's Degree in either Accountancy or Business equivalent degree, while further professional qualification or study .e.g. CPA, CFA, CMA, or Master’s Degree will be an advantage
- Knowledge of a range of financial products and markets will be expected from you in this role, while knowledge of US-GAAP/IAS is beneficial.
- Strong competencies in investigation, problem resolution and detail intensiveness
- Possess excellent communication skills and ability to confidently interact with a diverse set of stakeholders, as well as a change mindset- as Deutsche Bank embarks on a multi-year program to transform its strategic architecture and improve its processes.
- Experience in automation, and using programming languages such as Visual Basic for Applications, Visual Basic, Python, Tableau and Alteryx will be an advantage.
What we offer:
- Competitive Salary
- Attractive Retirement Benefit
- Medical and Life Insurance upon employment
- 20 days Annual Vacation Leaves
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