Accounting Close SA

Job Description:

Job Title: Accounting Close SA

Location: Pune, India

Role Description

• Accounting close team is responsible for ensuring Legal Entity financials are reported in Group Consolidation System. Team ensures the completeness of data flow from general ledger to group system, for this various control and exception managements functions are carried out. Team also does various standard accounting entries to ensure correct Legal Entity numbers are reported.
• The analyst will be responsible for Month end accounting process. The primary function of the role is processing of standard and non-standard accounting adjustments on the ledger, participate in LEC control initiatives, including General Ledger Reconciliation and Substantiation and LEC metrics and ensure accurate, timely and quality delivery of services provided within a risk free controlled environment, to ensure Deutsche Bank’s overall client satisfaction.

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

• General Ledger Reconciliation and Substantiation and LEC metrics
• Accounting and supporting reporting for Frankfurt (Germany) Entities via involved in banking as well as non-banking activities.
• Understand the business event and convert the same into accounting treatment for reporting purpose for both IFRS as well German GAAP
• Generating MIS Packs and financial statement which include trend analysis and commentaries.
• Exception management including reconciliation and break resolution
• Liaise with the customer/LVC teams and ensure that information is received as per requirement with adequate approvals and standards laid down
• Independent in managing BAU tasks and also functionally managing other team members in terms of training & review processes in order to build a high performing team
• Ensure completion/adherence of activity as per standard procedure/key operating procedure.
• Ensure quality/quantity of processing is maintained as per the SLA
• Drive process changes in the team to be more efficient and ensuring we still operate in a controlled manner
• Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business
• To understand and manage the control environment around the upstream to downstream reporting systems. Develop the understanding of FFT Ledger data flow logics and control framework
• To ensure all the controls are being follow and all exceptions/validations are cleared to ensure accurate month end reporting
• Participate in UAT and represent from Accounting Close team for various projects as raised by CTB from time-to-time and provide user inputs
• Ensure team work culture is practiced
• Ensure proper back-ups created and assist other teams during contingencies (Staff shortage, high volumes etc)
• Ensure process documentation (SOP/KOP) are always up to date per current practices.

Your skills and experience

Experience

• 3+ years of professional experience (preferably in Finance teams of banks, investment banks or professional accounting / audit firms or in a similar capacity in a BPO / KPO center).
• Should have handled preparation of reconciliation activities including end to end flow for pending / aged items and resolution
• Should have knowledge of ERP/S4 Hana Architecture (Preferably SAP)
• Should have knowledge of Reference Data maintenance (Static Data Maintenance)
• Working knowledge of IFRS is preferable.
• Candidate having basic understanding on BI tools like Alteryx, Tableau and Power BI would be preferred

Education / Certification

• Graduate or Post-Graduate in Commerce with 4-5 Years of experience OR
• CA with 3 years of experience.

Soft Skills

Communication

• Ability to communicate effectively (oral & written)
• Focused on providing timely and quality output

Analytical abilities

• Displays a high degree of control awareness
• Has a natural intellectual curiosity
• Attention to detail
• Strong analytical / business problem-solving skills

Time management skills

• Well organized & able to clearly present results of work
• Ability to work under pressure and to deadlines
• Ability to manage own time

Drive and Motivation

• Passion for change and confidence in own abilities
• Be comfortable & willing to drive process improvement
• Diligent, thorough, shows initiative and is proactive

Personal Qualities

• Proactive, attention to detail / quality of work, able to cope with pressure and deal effectively with demanding clients. Ability to challenge status quo.

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.htm

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.