Accounting Control Specialist, VP

Deutsche Bank AG; Mumbai; Hybrid; INR 3,500,000 - 7,000,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance sponsorship

Certification sponsorship

Employee Assistance Program

Health insurance

Accident and term life insurance

Health screening for 35+ years

Job summary

Deutsche Bank AG in Mumbai, India, seeks an Accounting Control Specialist to reinforce the QA function within Finance Control Oversight. The role emphasizes independent validation of regulatory reporting data integrity and collaboration with Finance, Regulatory Reporting, Product Control, and Operations.

Responsibilities include executing QA review plans, documenting control deficiencies, and driving remediation in a global setting. Hybrid work model in Mumbai; US shift timings apply.

Qualifications

• Understanding of controls and practical application of control principles.
• Ability to challenge existing processes and recommend improvements.
• Strong written and spoken communication skills.
• Experience coordinating across multiple entities in a global org.

Responsibilities

• Develop and maintain relationships within Finance and other areas globally.
• Execute the annual Regulatory Reporting QA review plan and testing.
• Communicate issues that affect regulatory report accuracy and control environment.
• Draft QA issues with root cause and regulatory impact.
• Collaborate with issue owners on remediation and ownership.
• Handle adhoc projects as needed.

Skills

Controls knowledge

Process improvement

Verbal communication

Written communication

Project management

Global collaboration

Education

Degree in Accounting or related field

Tools

MS Office

Job description

Job Description:Job Title: Accounting Control SpecialistCorporate Title: Vice PresidentLocation: Mumbai, IndiaRole DescriptionThe primary objective of the Quality Assurance (QA) function within Finance Control Oversight (FCO) is to provide an independent validation and enhancement of regulatory reporting data integrity. The QA function will provide periodic reviews of selected Deutsche Bank regulatory filings to evaluate the effectiveness of procedures and controls in place to contribute to the accuracy of the reports submitted to regulators. Key stakeholders include Finance, Finance Regulatory Reporting, Product Control, Operations, and Business Lines.What we’ll offer youAs part of our flexible scheme, here are just some of the benefits that you’ll enjoy,Best in class leave policy.Gender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship 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 aboveYour key responsibilitiesDevelop and maintain strong relationships within Finance and other areas of Bank globally to build an understanding of the end-to-end control environmentsWork within the QA team to assist in the execution of the annual Regulatory Reporting QA review planPerform Supervisory and Review of Regulatory Reporting QA reviews in accordance with the QA Framework standards, which includes testing design and operating effectiveness of controls and completing front to back transaction testingCommunicate with management any issues from the review that may affect the accuracy of the regulatory reports filed or the supporting control environmentDraft Regulatory Reporting QA issues (as they arise) that document the control deficiency or report inaccuracy, root cause and regulatory impactWork with issue owners on effective remediation, remediation ownership and challenge of remediation effortsAdhoc projects, as neededYour skills and experienceSkills requiredUnderstanding of controls and practical application of control principlesAbility to challenge existing processes and recommend process and control improvements where relevantExcellent verbal and written communication skillsThe ability to operate effectively within a global organization working with teams across multiple entitiesProject management skills and ability to prioritize and coordinate various deliverables across multiple ownersDegree in Accounting or related fieldSkills that will help you excelProficient with MS Office (Excel, Word, Power Point)Excellent communication skills, both written and spokenSelf-MotivatedDetailed OrientedUnderstanding of controls and practical application of control principles as well as an understanding of front-to-back control environments; experience in Financial Services, Comprehensive Capital Analysis Review (CCAR), Regulatory Reporting and/or Treasury a plusExpectationsIt is the Bank’s expectation that employees hired into this role will work in the Mumbai, India office in accordance with the Bank’s hybrid working model.This role will have US shift timings.Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.How we’ll support youTraining 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.A range of flexible benefits that you can tailor to suit your needs.About us and our teamsPlease visit our company website for further information:https://www.db.com/company/company.htmlWe strive for a culture 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.