Financial Controller (Regulated Role)

Deutsche Bank AG; Saudi Arabia; On-site; SAR 200,000 - 300,000; Full time

Job summary

Deutsche Bank in Saudi Arabia is seeking a Finance professional to support the Head of Finance in Riyadh. The role involves audit management, regulatory returns, and financial data control, with a strong emphasis on product accounting in Banking and Markets. The position offers a range of benefits focused on employee wellbeing and development.

Benefits

Life Insurance

Accidental Death Insurance

Permanent Partial Disability Insurance

Private Medical Insurance

Flexible working arrangements

30 days of annual paid leave

DB contributions to Employee Workplace Savings plan

Qualifications

• 2-3 years post qualification experience in Finance or Banking.
• 4-5 years relevant experience in banking or consulting without an Accounting Qualification.
• Experience managing audits and regulatory returns.

Responsibilities

• Support Head of Finance in KSA for Corporate and Wealth Management.
• Manage audits and regulatory returns for the entity.
• Facilitate month-end balance sheet substantiation.

Skills

Strong product accounting knowledge

Analytical skills

Interpersonal communication

Problem-solving aptitude

Initiative

Finance systems knowledge

MS Office skills

Education

Recognised Accounting Qualification

Tools

SAP

Janus

BCS

FIM

Job description

Job Description:

Details of the Division and Team:

Deutsche Bank in the MEA region has expanded opportunity has arisen in the Group Finance function in our Kingdom of Saudi Arabia (KSA) office.

This position involves supporting the Head of Finance, KSA (in Riyadh) in providing full-service Finance support under the Regional Finance function to the two main businesses in KSA Corporate Banking and Wealth Management.

The direct reporting line is to the Head of Finance, KSA.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Life Insurance
• Accidental Death Insurance
• Permanent Partial Disability Insurance
• Private Medical Insurance for you, your spouse and dependent children
• Flexible working arrangements
• 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement
• DB contributions to Employee Workplace Savings "Gosy" plan (for Saudi nationals only)

Your key responsibilities:

• The candidate should be able to demonstrate solid banking and markets Finance experience and will require ‘hands-on’ experience of the following functional areas:
• Liaison and point of contact for the main banking regulator SAMA.
• Managing external/internal audits of the entity including resolving the issues arise during audit in a timely and efficient manner, coordinating with relevant parties as and when required.
• Managing regulatory and taxation returns for the entity including review of monthly, quarterly and annual tax returns.
• Validation, control over the month end close process, both revenues and costs bookings, liaising directly with front office and operational staff and management in Riyadh to ensure relevant bookings are complete and accurate.
• Facilitation of the month-end balance sheet substantiation (MRP) as secondary Finance owner
• Liaison with both line business management and infrastructure functions to ensure that appropriate internal controls are in place
• Assisting in the completion of New Product Approval cross-functional risk-assessment checklists for new product or business implementations
• Onshore KSA coverage for other core Finance roles

Your skills and experience:

• Strong product accounting knowledge for vanilla Markets and Banking products
• The ability to analyse and communicate ‘risks’ inherent in a given operational or product booking situation, as well as delivering appropriate solutions
• Application skills which demonstrate an aptitude for change and a ’hands-on’ approach
• Strong inter-personal communication skills to support relationship-building across multi-functional teams
• An ability to work on initiative.
• Preferably a recognised Accounting Qualification with at least 2-3 years post qualification experience (total work experience 5-6 years) in the areas above, otherwise if no Accounting Qualification then at least 4-5 year relevant finance experience in the banking / finance or consulting sector.
• Finance systems, interface and financial data standard knowledge (SAP, Janus, BCS, FIM)
• Strong MS Office skills

How we’ll support you:

• Flexible working to assist you balance your personal priorities
• 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
• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

With that, we extend a warm welcome to candidates with disabilities to apply.

Our Bank is committed to ensuring equal opportunities and will facilitate a productive and harmonious work environment for all.

We encourage talented individuals seeking a professional setting that values and accommodates diverse capabilities to submit their applications and be part of our shared commitment to fostering inclusiveness.

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.