Financial and Regulatory Reporting Specialist

Posted 14 Days Ago
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Magarpatta, Hadapsar, Pune, Maharashtra, IND
In-Office
Junior
Fintech • Financial Services
The Role
The role involves processing adjustments in the general ledger, managing financial reports, and participating in control initiatives using various financial tools including PowerQuery and AI.
Summary Generated by Built In
Job Description:

Job Title: Financial and Regulatory Reporting Specialist

Corporate Title: Assistant Vice President

Location: Pune, India

Role Description

  • As an Assistant Vice President in our US CFO function in Pune, India, you will be the Legal Entity Controller for several Deutsche Bank US entities.
  • The primary function of the role is processing of standard adjustments in the general ledger, work on US-GAAP/IFRS P&L & Balance Sheet, perform validation checks of financials in Business Consolidation statements, Balance Sheet substantiation & perform additional Financial Disclosures.
  • You will work closely with the US CFO Control and regulatory and financial reporting teams. Additionally, you will participate in control initiatives and process improvements using tools like PowerQuery, AI and others.

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

Responsible for various Legal Entity Controller activities; key areas of responsibilities listed below

  • Formal role as Legal Entity Vehicle Controller (LVC)
  • Entity Funding monitoring and cash transfers
  • Cash Wires and Payments via Deutsche Bank’s procurement platform
  • Balance Sheet Substantiation
  • Corporate & Other Segment Finance oversight
  • Journal entries in General Ledger SAP
  • US-GAAP to IFRS delta analysis
  • Managing internal & external audit queries
  • Lead or actively participate in process improvement and automation initiatives, aimed at enhancing reporting efficiency and control effectiveness, leveraging advanced data tools like SAP, Python, PowerQuery, and AI.
  • Ensure appropriate controls across all financial processes relating to the organisation.

Your skills and experience

  • Relevant experience of 1-3 years in Legal Entity Control or Product Control
  • Strong Accounting skills
  • Good understanding of SAP System architecture,
  • Strong PC skills including Microsoft Excel, Word & Power point, PowerQuery
  • Understanding of US-GAAP
  • Bachelor's degree in Finance or Accounting

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

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.

Skills Required

  • Relevant experience of 1-3 years in Legal Entity Control or Product Control
  • Strong accounting skills
  • Good understanding of SAP System architecture
  • Strong PC skills including Microsoft Excel, Word & PowerPoint, PowerQuery
  • Understanding of US-GAAP
  • Bachelor's degree in Finance or Accounting

Deutsche Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Deutsche Bank and has not been reviewed or approved by Deutsche Bank.

  • Healthcare Strength Health coverage is positioned as comprehensive, spanning multiple medical plan options along with dental, vision, prescription coverage, life insurance, and disability protection.
  • Leave & Time Off Breadth Time away is described as generous, including annual leave, sick leave, public holidays, wellbeing leave, volunteering leave in some regions, and expanded bereavement leave in certain locations.
  • Retirement Support Retirement support is presented as a matched savings plan (401(k)), reinforcing longer-term financial security as part of the rewards package.

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The Company
HQ: Frankfurt am Main
68,787 Employees

What We Do

At Deutsche Bank, we give original thinkers the space and support they need to shine. Merging local knowledge with global vision, in-depth insight with industry-leading digital expertise, if you’re an innovator by nature, we can help you to unleash your potential. We see things differently at Deutsche Bank – and we’re proud of our fresh perspective. Today, we’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritising long-term success over short term gains, and serving society with ambition and integrity. Wherever your interests lie – in investment banking, trading, private wealth, asset management, retail banking - or many of the infrastructure functions that support them – you’ll discover resources, training and opportunities designed to keep you ahead of the curve. Intelligence has no boundaries: we welcome high-achieving, talented individuals from any background. If you’re full of imagination, enjoy solving problems and respond positively to complex challenges, discover a career to look forward to and join us!

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