DWS - Compensation Control - Associate

Deutsche Bank AG; Taguig; Hybrid; PHP 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Hybrid working model

Health and wellbeing benefits

Training and career progression

Job summary

Deutsche Bank AG's DWS division is hiring a qualified accountant to join the CFO financial governance team in Manila. You will produce monthly compensation P&L and balance sheet reports, partner with compensation control SMEs, and support deferred compensation analytics.

We seek a strong control mindset, experience in financial controller or auditing in a large institution, and excellent Excel/PowerPoint skills. Hybrid work arrangement and ongoing training are offered.

Qualifications

• Qualified accountant with experience in a financial controller or auditor role in a large financial institution.
• Experience with IAS19 and IFRS2 is a plus.
• Strong control mindset and analytical skills.
• Excellent stakeholder management and communication abilities.

Responsibilities

• Produce and manage monthly reports on compensation profit & loss and balance sheet.
• Collaborate with Compensation Control SMEs on cost trends and deviations from forecast.
• Support data aggregation, analysis and reporting in deferred compensation.
• Develop understanding of deferred compensation and provide backup support to the SME.
• Perform month-end journals and ensure accuracy and completeness in our financials.
• Be a point of contact to manage month-end close and report late adjustments.
• Perform validation and control on assigned compensation topics.
• Prepare documentation and regular updates of the DWS Compensation Control Framework.

Skills

Qualified accountant

Financial controller

Auditor experience

IAS19 knowledge

IFRS2 knowledge

Analytical thinking

Stakeholder management

Excel skills

PowerPoint skills

AI tools usage

Tools

Excel

PowerPoint

Job description

Job Description: About DWS: Today, markets face a whole new set of pressures - but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change. Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment. We are looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That is why we are 'Investors for a new now'. As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients' financial future. And in return, we will give you the support and platform to develop new skills, make an impact and work alongside some of the industry's greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career. This is your chance to invest in your future. Read more about DWS and who we are here.

Team / division overview

The CFO Division of DWS has presence in Frankfurt, London, New York and Asia and is responsible for ensuring the sound risk management and financial governance of DWS. The CFO Division comprises Accounting & Financial Management, Risk Management, Investor Relations, Financial Planning & Analysis (FP&A), Corporate Accounting, Regional Finance, and Procurement.

Your key responsibilities

• Produce and manage timely delivery of monthly reports on compensation profit & loss and balance sheet
• Collaborate with Compensation Control SME's in providing insightful business analysis and commentaries on compensation cost trends, and deviations from forecast and plan.
• Support data aggregation, analysis and reporting in the area of deferred compensation
• Develop a sound understanding of the deferred compensation and able to provide backup support to the SME
• Perform month-end journals and ensure accuracy and completeness in our financials
• Be a point of contact to manage month-end close, ensure numbers are reported accurately, and late adjustment are reported to the relevant teams
• Perform validation and control on assigned compensation topics
• Preparing relevant documentation and regular updates of the DWS Compensation Control Framework

Your skills and experience

• Qualified accountant who has experience in financial controller role or auditor role in a large financial institution/ Big 4 audit firms
• Prior experience with IAS19 and IFRS2 is a plus but not essential
• High level of control mindset and investigative working approach
• Ability to see the big picture and being able to connect various topics that impact the overall compensation book of work
• Highly analytical, excellent organizational and communication skills.
• Proactive, curious, willing to challenge the status quo and keen to learn new skills/ knowledge
• Strong stakeholder management and interpersonal 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.
• Strong skills in Excel and Power Point
• Critical thinking and control mindset
• Self-sufficient and results-driven

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

What we'll offer you

At DWS we are serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it's important to us that you enjoy coming to work - feeling healthy, happy, and rewarded.

At DWS you'll have access to a range of benefits including, but not limited, to the below:

• A hybrid working model, allowing for in-office / work from home flexibility, comprehensive leave policy, personal and volunteer days.
• Competitive compensation packages including health and wellbeing benefits.
• Access to best-in-class trainings, in role development and career progression opportunities.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office. This will not affect your application and our recruitment team will discuss options with you.

We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people - in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world - be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)