Finance Manager for North America Commodities/AVP or VP – Houston recruitment
for our clients. This is made possible by our people: agile minds, able to see beyond the obvious act effectively in an ever-changing global business landscape. As you’ll discover, our culture supports this. Diverse, international and shaped by a variety of different perspectives, we’re driven by a shared sense of purpose. At every level agile minds are rewarded with competitive pay, support and the opportunity to excel.
Named the "Best Global Investment Bank“ in Euromoney Magazine’s annual Awards for Excellence, Deutsche Bank is a leader in Germany and Europe and is continuously growing in North America, Asia and key emerging markets.
Finance
Group Finance is vital to the way we run our business. The global marketplace is constantly evolving, and being adaptable, deliberate and precise in action is critical to safeguarding shareholder value. With sound financial principles at the core of everything we offer, Group Finance oversees all financial details of Deutsche Bank, globally.
Our People
Our people are outstanding individuals with agile minds, from a diverse range of backgrounds and cultures. They generate fresh ideas and innovative solutions which set us apart from our competitors and add value to our clients.
Role Description
Position: Finance Manager for North America Commodities (AVP/VP)
This is a highly challenging role and should be of particular interest to those looking to provide first rate support to a large established business.
Core Competencies:
Business Advisory Partnership
– Contributing to business strategy and delivery
– Establishing the credibility to deliver informed and influential input through to the most senior levels of the internal stakeholder group
– Delivering challenge and provoking alternative thinking on strategy and deal-making as expected by the stakeholders
Financial and Control Leadership
– Contributing to the effective development of key business processes and systems supporting financial management, cost and risk control
– Accessing technological solutions to data management, analysis and reporting issues at every opportunity
– Contributing to comprehensive, business-focused information processes
Business Judgment and Acumen
– Utilizing lead indicators and market dynamics to create an accurate context for DB and internal stakeholders
– Actively supporting strategically-focused business development with the stakeholders
– Developing propositions and tactics to exploit opportunities and alternative strategies based on sound analysis and commercial judgement
Core Responsibilities:
– Review potential structured deals and new products including accounting policy, impact on Balance Sheet, Balance sheet charges, RWA, performance ratios and disclosures.
– Validation of daily PL for NA Commodities, including PL attribution.
– Review reserve methodology and calculation for all regulatory reserves including liquidity reserves, credit reserves, day 1 PL etc.
– Coordinate discussions between front office, middle office and general ledger accounts to ensure proper front/back capture and PL reporting
– Validation and review of Financial Statements
– Assist in audits
– Review Sox controls
– Preparation of regulatory reports FERC, PUCT, DOE and NEB.
Required skills/experience:
– Finance/accounting degree and 3-5 (for AVP) and 5+ (for VP) years of industry experience.
– Strong understanding of US Natural Gas, Power and Oil markets.
– Strong communication and analytical skills a must.
Skills/Requirements:
– Assistant Vice President (3-5 years) of industry experience
– Vice President level (5+ years) of industry experience
– Strong understanding of US Natural Gas, Power and Oil markets
– B.S. degree required
– CPA or MBA preferred but not required
– Public Accounting firm experience with Financial Institution clients a plus
At Deutsche Bank, we are proud to be an Equal Opportunity/ Affirmative Action (M/F/D/V) employer.
For more information and to apply, please visit our website at db.com/careers