Analyst for CB - Business Finance

Deutsche Bank; Mumbai; On-site; INR 700,000 - 1,100,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance reimbursement

Sponsorship for certifications/edu

Employee Assistance Program

Hospitalization Insurance

Accident and Term life Insurance

Health screening for 35+ yrs

Job summary

Deutsche Bank in Mumbai, India, invites applications for an Analyst in CB - Business Finance. This role focuses on managing CB divisional finance topics, including month-end close, journal postings, P&L reporting and balance sheet substantiation.

You will interact with FD/FMs and business managers, perform Revenue Flash/Actuals analyses, and ensure compliance with internal policies and regulatory requirements.

Qualifications

• Post graduate in Commerce or MBA Finance with specialization in Financial accounting & reporting.
• 1-2 years work experience in Financial accounting / reporting profiles, preferably in MNC bank.
• Good communication and articulation skills with experience in facing off to business heads.
• Ability to work in a diverse team with cross-cultural exposure.
• Very good desktop and presentation skills.

Responsibilities

• Business Finance is responsible for the production, validation and reporting and analysis of daily P&L including attribution, month end financial statements including substantiation, and disclosures, for their area, in line with applicable internal policies and external regulatory, statutory and control frameworks.
• Supporting preparation of Revenue Flash, explaining variance vs prior trends and actuals as they develop during ledger close.
• Engaging with Business managers across regions/businesses for the above - this is critical due to lack of daily P&L, requiring detailed driver based explanations of movements, cyclical and episodic events
• Supporting other deliverables including daily P&L reporting, FX exposure management, financial disclosures and Balance sheet substantiation.
• Supporting performance of key controls including Analytical review, Financial Adjustment reviews, Book Completeness.
• Managing audit requirements

Skills

Communication skills

Cross-cultural experience

Presentation skills

Education

MBA Finance

Post graduate in Commerce

Job description

In Scope of Position-Based Promotions

CB - Business Finance

Location: Mumbai, India

• This is a Business Finance role for the Corporate Bank (CB) franchise and is responsible for managing all CB Divisional Finance topics, facing off to FD/FMs and business managers across hub locations. The incumbent would be responsible for a range of business finance activities including month end ledger close, journal postings, P&L reporting, Revenue Flash/Actuals, Balance Sheet substantiation, financial disclosures; and so on.

Position Overview

In Scope of Position-Based Promotions

Job Title: Analyst for CB - Business Finance

Corporate Title: Analyst

Location: Mumbai, India

Role Description

• This is a Business Finance role for the Corporate Bank (“CB”) franchise and is responsible for managing all CB Divisional Finance topics, facing off to FD/FMs and business managers across hub locations. The incumbent would be responsible for a range of business finance activities including month end ledger close, journal postings, P&L reporting, Revenue Flash/Actuals, Balance Sheet substantiation, financial disclosures; and so on.

What We’ll Offer You

As part of our flexible scheme, here are just some of the benefits that you’ll 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

• Business Finance is responsible for the production, validation and reporting and analysis of daily P&L including attribution, month end financial statements including substantiation, and disclosures, for their area, in line with applicable internal policies and external regulatory, statutory and control frameworks.

Key deliverables for this role include

• Supporting preparation of Revenue Flash, explaining variance vs prior trends and actuals as they develop during ledger close.
• Engaging with Business managers across regions/businesses for the above - this is critical due to lack of daily P&L, requiring detailed driver based explanations of movements, cyclical and episodic events
• Supporting other deliverables including daily P&L reporting, FX exposure management, financial disclosures and Balance sheet substantiation.
• Supporting performance of key controls including Analytical review, Financial Adjustment reviews, Book Completeness.
• Managing audit requirements

Your Skills And Experience

• Post graduate in Commerce or MBA Finance with specialization in Financial accounting & reporting
• 1-2 years work experience in Financial accounting / reporting profiles, preferably in MNC bank
• Good communication and articulation skills with experience in facing off to business heads
• Ability to work in a diverse team with cross-cultural exposure
• Very good desktop and presentation skills

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 You

• Training 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 Teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We 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.