Business Finance senior Analyst - AVP

Deutsche Bank; Mumbai; Hybrid; INR 1,500,000 - 2,100,000; Full time

Benefits offered by this job

Best in class leave policy

Gender neutral parental leaves

Childcare assistance benefit

Certifications sponsorship

Employee Assistance Program

Hospitalization Insurance for dependos

Life Insurance

Health screening for 35+

Job summary

Deutsche Bank in Mumbai is seeking a Business Finance Senior Analyst (AVP) to support Revenue Control and Financial Control with accurate daily P&L, risk, and balance sheet reporting. The role involves collaboration with Front Office traders, senior finance managers, and CTB SMEs to drive changes and ensure compliant, timely financial deliverables.

The ideal candidate has 8+ years in core accounting, strong financial market product knowledge, and proven ability to work in a global, matrix

Qualifications

• 8+ years in core accounting and financial reporting.
• Strong understanding of financial market products (bonds, loans, derivatives, equities).
• Experience in a global/ matrix environment and with multiple data sources.

Responsibilities

• Produce daily T+1 P&L with attribution and analysis.
• Provide daily commentary and variance investigation to Front Office and senior Finance managers.
• Conduct balance sheet substantiation and GL reconciliations as per policy.
• Prepare MIS reports within agreed timelines.
• Execute month-end close activities including SAP journals and reconciliations.
• Engage with Change the Bank SMEs to deliver process improvements.
• Escalate team issues and manage product reconciliation breaks timely.
• Coordinate with global stakeholders and auditors.

Skills

Financial analysis

P&L reporting

Stakeholder management

Attention to detail

MS Excel

SAP

Python basics

Communication

Tools

SAP

Excel

Access

Python

Job description

Job Title: Business Finance Senior Analyst

Corporate Title: AVP

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 on the basis of 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 supports 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 with the remit and regularly assesses the effectiveness of the checks
• Engages with CTB/SME (Change the Bank / Subject Matter Expert) in order to deliver change
• First level of escalation for team issues and for stkeholder escalation
• Manages the resolution of product reconciliation break/exception items in a timely mannerProcess standardization across business
• Provides summary of KRI's for their business area and remediation plans where SLA's 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

• An experience of 8 years in the core accounting function of an organization would be an advantage.
• Strong understanding of financial market products such as Bond, Loans, Derivatives & Equities.
• Adaptable and culturally aware. Experience of working in a global environment preferable.
• Ensure team work 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