Business Finance Associate

Year    Mumbai, Maharashtra, India

Job Description


:Job Title: Business Finance AssociateLocation: Mumbai, IndiaRole DescriptionThe Business Finance function is responsible for the production of business level revenue attribution, financial accounting and financial disclosures. It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained. It also ensures that all of the Bank\xe2\x80\x99s transactions and positions are correctly reflected in the Bank\xe2\x80\x99s accounting records and disclosures, in accordance with relevant accounting standards.What we\xe2\x80\x99ll offer youAs part of our flexible scheme, here are just some of the benefits that you\xe2\x80\x99ll enjoy,

  • Best in class leave policy.
  • Gender neutral parental leaves
  • 100% reimbursement under childcare assistance benefit (gender neutral)
  • Sponsorship for Industry relevant certifications and education
  • Employee Assistance Program for you and your family members
  • Comprehensive Hospitalization Insurance for you and your dependents
  • Accident and Term life Insurance
  • Complementary Health screening for 35 yrs. and above
Your Key Responsibilities
  • Responsible for monthly Financial Control activity such as timely & accurate reporting of Ledger by taking manual journals, following robust control framework like FOBO, MAFA, Balance Sheet Substantiation and Balance sheet review.
  • Problem solving like break investigation such as Model vs Actual(Ledger) Cash, FO/MO system vs trade docs etc and representing data analysis is critical for success in this role.
  • Responsible for the accurate and timely production of daily T+1 P&L production, attribution and analysis.
  • Providing daily commentary and variance investigation to Front Office traders and senior Finance managers
  • Ensure compliance to risk and control guidelines.
  • Stakeholder management by prompt response to various queries/issues from Finance directors, onshore management, Front office traders, Fincon, Risk management, etc.
  • Understand trade flows, booking structures and ensure that the trades are captured in accordance with such defined structure which will enable accurate funding cost allocation through Funds transfer pricing.
Your skills and experience
  • Financial Control and product control experience in Investment Banking
  • Strong understanding of financial market products such as FX Derivatives, Loans, Bonds, Credit, derivatives, Swaps, Options and Futures.
  • IFRS/GAAP knowledge is preferred
  • Strong knowledge / experience of front to back Investment Banking environment (trade capture to balance sheet)
  • Ability to manage time effectively, prioritizes responsibilities, and escalates issues as necessary.
  • Proficient in Microsoft Office applications, strong Word and Excel skills required
  • Need to be a good team player
Education
  • Preferably qualified MBA/CA / CFA.
How we will support you
  • Training and development to help you excel in your career
  • Encourage work life balance.
  • Coaching and support from experts in your team
  • A culture of continuous learning to aid progression
About us and our teamsPlease visit our company website for further information:https://www.db.com/company/company.htmlOur values define the working environment we strive to create \xe2\x80\x93 diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.Visit to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

Deutsche Bank

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Job Detail

  • Job Id
    JD3350216
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year