Accounting Control Analyst, NCT

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Job Description:

In Scope of Position based Promotions (INTERNAL only)

Job Title: Accounting Control Analyst

Location: Pune, India

Corporate Title: NCT

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

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

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.

Education / Certification

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

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.

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.

Average salary estimate

$70000 / YEARLY (est.)

min

max

$60000K

$80000K

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What You Should Know About Accounting Control Analyst, NCT, DB

Are you ready to take your accounting skills to the next level? Join Deutsche Bank as an Accounting Control Analyst in Pune's vibrant Business Bay. In this role, you'll be at the heart of our accounting close team, ensuring the integrity of legal entity financials reported in our Group Consolidation System. With over three years of experience under your belt, you'll dive into month-end processes, manage ledger adjustments, and participate in key initiatives focused on reconciliation and substantiation. You'll work closely with Frankfurt entities, bridging the gap between banking and non-banking activities while applying IFRS and German GAAP standards. At Deutsche Bank, we prioritize your well-being, offering an excellent leave policy and support for professional certifications. We're not just looking for numbers; we want someone who thrives in a collaborative environment and excels at communication. So, if you have a passion for detail, the ability to drive process improvements, and a knack for managing document accuracy, we’d love to meet you. Your role will empower you to lead others, drive change, and contribute to a healthy, inclusive culture. This is your chance to grow in a company that values your input and encourages progression. Are you ready to make a difference at Deutsche Bank?

Frequently Asked Questions (FAQs) for Accounting Control Analyst, NCT Role at DB

What are the main responsibilities of an Accounting Control Analyst at Deutsche Bank?

As an Accounting Control Analyst at Deutsche Bank, your key responsibilities include managing general ledger reconciliation, reporting for entities based in Frankfurt, and converting business events into accounting entries. You’ll also handle exception management, participate in control initiatives, and support your team in achieving quality and timely deliverables.