In Scope of Position based Promotions (INTERNAL only)

Job Title: Accounting Control Senior Analyst

Corporate Title: Associate

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 Associate 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 Banks overall client satisfaction.

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

5+ 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

Education / Certification

Graduate or Post-Graduate in Commerce with 7-8 Years of experience OR
CA with 5-6 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.