:Transaction, Policy and Advisory Group (TPAG) - Accounting PolicyJob SpecificationsResponsible to: Head of London Accounting Policy
Functional Title: Accounting Policy Specialist
Corporate Title: DirectorThe TPAG - Accounting Policy (AP or the Group) is a global function whose mandate to develop DBs Group accounting policies and to facilitate the consistent application of International Financial Reporting Standards (IFRS), German GAAP (HGB) and U.S. GAAP.Based in London, New York, Frankfurt, and Singapore, AP provides accounting advice on areas ranging from individual trades and structures to corporate reporting. This is a challenging role given the sheer size, complexity and diversity of DBs business.AP is a key part of DB's Finance team and control environment. A primary role of AP is participating in the development of authoritative literature to promote the accounting positions that are most advantages for the Financial Services Industry in which Deutsche Bank participates.AP is involved in the structured trade review process and provides accounting advisory services to the business.What well offer youAs part of our flexible scheme, here are just some of the benefits that youll enjoyBest in class leave policyGender neutral parental leaves100% reimbursement under child care assistance benefit (gender neutral)Flexible working arrangements / Work from Home Option (if necessary)On job training on various International Reporting Standards relevant to the profileSponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and aboveOverall Purpose of the role:To perform this role AP has a number of key functions:Provide accounting advisory and consulting services to the GroupAddress issues at both the corporate level and transaction level (business line) with senior stakeholdersDevelop and maintain in-house expertise on accounting rules that impact our businessesLead discussions and liaise with external auditors, internal audit and regulatorsWork with industry groupsBe Subject Matter Expert on new accounting developments such as IFRS 9 PIR related amendments or Primary Financial StatementsParticipate, drive and lead in meetings and comment letters aimed at getting industry views heard by standard setters and regulatorsProvide educational servicesIssue accounting guidance on key topicsProvide timely updates and reference materials on IFRSDevelop and lead in person and video recorded training sessions on technical accounting topicsExternal monitoringMonitor developments of IFRSParticipate in industry groups to discuss and comment on new issuesDraft comment letters on Exposure Drafts issued by the accounting standard setters and draft DB input to industry comment lettersInternal communicationsPrepare timely memos addressing accounting developments, accounting issues and new transactionsIssue formal Accounting Policies and BulletinsMain Responsibilities:To be a key member of the AP team, in particularly advising Senior Business, Risk (including Credit/Valuations) and Finance on accounting and related issuesTo be one of the professional staff globally providing in-house accounting advice to the BankPosition based in LondonWill have significant interaction with other members of the Global AP group to ensure global consistency of policy applicationTo be a key element of the global and local control environmentThe role has important aspects which face outside Finance primarily to the business and risk functions across the Investment Bank and Corporate Bank operating segments as well as to the Corporate & Other segment.To be a trusted advisor for the Bank on IFRS issuesAct as topic lead for a Financial Instrument related area of policy guidance, such as Financial Instrument Valuation or Derecognition or Hedge AccountingAs accounting advisor to the business on specific transactions,To Finance on both specific transactions and general accounting issuesWill be responsible for interpreting new pronouncements and the development of related DB policyWill attend as well as, where appropriate, lead IASB and industry meetings and roundtables - driving thought leaderships and ensuring that DBs perspective is accurately and succinctly presented with aim of influencing the outcome of the meetings and roundtables.Will lead the development and delivery of DB accounting training and materialsEducation StandardBachelors Degree/ Post GraduateAdditional QualificationsACA, ACCA, CiMAExperience/BackgroundHave 12+ years experience post qualification in Technical Accounting role, ideally the financial services sectorHave an excellent technical knowledge of IFRSHave experience of participation in industry technical accounting forums and roundtablesHave significant experience evaluating structured transactions involving financial instrumentsHow well support youTraining and development to help you excel in your careerFlexible working to assist you balance your personal prioritiesCoaching and support from experts in your teamA culture of continuous learning to aid progressionA range of flexible benefits that you can tailor to suit your needsAbout us and our teamsPlease visit our company website for further information:lWe strive for a in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.
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