Business Finance - Analyst/Associate

Deutsche Bank; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Leave policy

Parental leaves

Childcare reimbursement

Certifications sponsorship

Employee assistance

Hospitalization insurance

Term life insurance

Health screening

Job summary

Deutsche Bank AG in Mumbai invites applications for a Business Finance Senior Analyst. The role focuses on accurate daily P&L reporting, balance sheet substantiation, and MIS production to support Front Office decisions and senior Finance management.

You will collaborate with global teams, drive process improvements, and maintain strong control over financial reporting, leveraging SAP and MS-Office tools to deliver timely insights.

Qualifications

• 2–7 years in core accounting function would be advantageous.
• Strong understanding of financial market products such as Bonds, Loans, Equities & derivatives products.
• Adaptable and culturally aware; global environment exposure preferred.
• Ensure teamwork culture is practiced.
• Ability to learn quickly and communicate effectively (oral & written).
• Strong analytical and quantitative skills; well organized and present results clearly.
• Proficient in MS-Office; Excel and Access; working with multiple data sources.
• Willingness to drive process improvement and challenge status quo.
• Able to build relationships with RPL, Operations and CSR; works in virtual global teams.

Responsibilities

• Produce daily T+1 P&L reporting, attribution and analysis.
• Provide daily commentary and variance investigation to Front Office traders and senior Finance managers.
• Conduct break investigations and resolution: ledger vs model, cash, and trade docs.
• Perform balance sheet substantiation with GL accounts per MRP policy and FX balance reviews.
• Produce MIS reports within agreed timelines; perform month-end close (SAP journals, reconciliations).
• QA processes within team remit and coordinate with Change the Bank SMEs for improvements.
• Resolve product reconciliation breaks/exception items timely.
• Standardize processes across the business; manage external/audit interactions.

Skills

MS Excel

MS Access

Financial analysis

P&L reporting

Variance analysis

Communication

Interpersonal skills

SAP knowledge

Tools

SAP

Job description

Job Title- Business Finance Senior Analyst, AS

Location- Mumbai, India

Role Description

• Within Business Finance, we have Revenue Control & Financial Control functions. For each product / business line the Revenue control & Financial control responsibilities are segregated & well defined.
• As a Business Finance personnel, the core responsibilities is to ensure accurate reporting of periodic P&L, Risk and BS based on sound business/ product understanding along with strong accounting & system knowhow.

What well offer you

As part of our flexible scheme, here are just some of the benefits that youll 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 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
• Break investigation and resolution: Model vs Actual (Ledger) Cash, FO/MO system vs trade docs etc
• Balance sheet substantiation, i.e. obtaining requisite support for GL accounts in line with MRP policy; FX Balance review
• Production of various MIS reports for the above businesses within agreed timelines
• Performs month end close activities- SAP journals, reconciliations, balance sheet substantiations and reporting
• Performs QA function for processes within their teams remit and regularly assesses the effectiveness of the checksEngages with CTB/SME (Change the Bank / Subject Matter Expert) in order to deliver change
• Manages the resolution of product reconciliation break/exception items in a timely manner
• Process standardization across business
• Provides summary of KRI's for their business area and remediation plans where SLAs are being missed and/or where issues exist
• Responsible for ensuring that KOPs are reviewed for relevance and effectiveness on a timely basis
• Interaction with global stakeholders & auditors.

Your skills and experience

• Experience of 2-7 years in the core accounting function of an organization would be an advantage.
• Strong understanding of financial market products such as Bonds, Loans, Equities & derivatives products.
• Adaptable and culturally aware. Experience of working in a global environment preferable.
• Ensure teamwork culture is practiced.
• Ability to learn quickly.
• Ability to communicate effectively (oral & written) & strong interpersonal skills.
• Strong analytical and quantitative skills.
• Well organized & able to clearly present results of work.
• Essentials Competent use of MS-Office – specifically Excel and Access.
• Working with multiple data sources and having confidence in figures and presentation.
• Accuracy-driven and able to self-review reports and other deliverables effectively.
• Be comfortable & willing to drive process improvement.
• Be able to constructively challenge.
• Be inquisitive.
• Knowledge of SAP and programming skills helpful but not required. SAP need to be learned quickly though.
• Should be diligent, thorough, shows initiative and is proactive.
• Proven ability to own and develop successful relationships with RPL, Operations and CSR
• Excellent team worker, able to work in virtual global teams and in a matrix organization
• Open minded, able to share information, transfer knowledge and expertise to team members
• Flexibility regarding problem solving.
• Keeps pace with technical innovation and market driven initiatives and maintains a broad understanding of the GBS offering
• Strong interpersonal/good negotiations skills are required, in parts leadership

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