Manager- Financial Reporting with Deutsche Bank recruitment
Business Description:
Regional Finance Germany (RFG) is a part of DBOI Global Services Mumbai. RFG focus on regional entity reporting and regulatory requirements. Their activities group reporting, monthly reporting, legal entity control local financial integrity and control, and country/regional management support and interaction.
The team handles HO Reporting for various Entities for IFRS HGB Reporting. RFG operations pertaining to Asia pacific region is supported by DKS centre in Manila and those pertaining to Frankfurt, EMEA and US operations are operated out of DBOI Global Services Mumbai centre.
Role Description:
The role provides an opportunity to gain invaluable insights of Legal Entity Controlling Business Operations and related systems across a wide range of finance products.
It also presents an excellent platform for leveraging the knowledge and expertise gained through related roles such in reconciliation, break resolution, P/L B/S reporting and Management information packs.
Primary Job Responsibilities
• Responsible for the list of various activities that have been assigned including end to end reconciliations.
• Responsible for Inter Unit Reconciliations, Nostro Reconciliations Coordinating with Counterparties across DB for resolution of Internal Breaks.
• Responsible for Monthend Close, wash account Clearance, booking of accruals manual adjustments.
• Responsible for Financial data transfer from local reporting system into Global reporting system, reconciliation between the Local Global systems.
• Responsible for Running Validation reports clearing/addressing the responsible persons to clear those errors.
• Capable of completing all the tax reconciliations day-to- day control operations
• Continuous follow up and discussions with onshore customers to update on the progress of reconciliations and the impact if any as a result of identified breaks
• Escalations heads up of all misses in KPIs to AVP - Be Client/ Colleague/ Process/ Systems
• Preparing posting Consolidation, Elimination Tax entries
• Preparing submitting of Monthly ,Quarterly, Yearlty Forms within the Head Office governed deadline.
• Ensure 4 eye principle is carried out across all critical deliverables and processes
• Ensure Process check list / controls is followed diligently.
• Recognising control weakness and driving through the appropriate changes
• Preparing MIS reports to BAC Manarea owners.
• Responsible for regulatory reporting.
• Follow up with BAC / LEC in clearing the identified breaks
• Provide timely update to line manager on the list of issues if any (system , process)
• Building and maintaining strong relationships with external parties "Clients" and also with internal teams.
• Executing any other tasks delegated by Senior Financial analyst and team manager
Job Requirements
Skill Sets Required
- Relevant functional expertise in Inter-Unit clearing.
- Team-leading skills or should have supervised a team in relevant functional area.
- Motivated self-starter, who is result driven and control minded.
- Ability to multi-task and effectively prioritise to deliver timely and accurate service while maintaining controls and managing risks.
- Strong inter-personal skills to build and maintain strong relationships with other teams.
- Onshore Client Relationship Management and resolving their queries.
- Effective oral written communication skills.
- Sound knowledge on Basics of Finance Banking is preferable.
Experience +Education Criteria
• Finance graduate with 7 years of experience or CA/ ICWA/ MBA with 5-7 years of post qualifications experience in Financial Reporting or Legal Entity Controlling.
• SAP Knowledge Preferred
• Strong PC skills, Microsoft office products (EXCEL if possible MS Access)