Revenue Controller & Financial Controller- AVP

Job Description:

In Scope of Position based Promotions (INTERNAL only)

Job Title: Revenue Controller & Financial Controller- AVP

Location: Mumbai, India

Role Description

• The Business Finance function is responsible for the production & validation of business level revenue attribution, financial accounting and financial disclosures.
• It ensures, on a daily basis, the accurate and timely reporting of Profit and Loss (PnL) for each business unit and ensures that the drivers behind the risk positions and PnL are fully understood and explained.
• It also ensures that all of the Bank’s transactions and positions are correctly reflected in the Bank’s accounting records and disclosures, in accordance with relevant accounting standards.
• Produce & validate daily profit and loss for the business unit/trading center
• Provide necessary transparency of controls done either for quality assurance or for final validation and control performance
• Obtain necessary sign-off from Front-Office (Traders) of the reported P&L
• Balance sheet substantiation, i.e. obtaining requisite supports for GL accounts in line with MRP policy; FX Balance review
• Production of various MIS reports for the above businesses within agreed timelines
• Performs month end close activities-  SAP journals, reconciliations, balance sheet substantiations and reporting
• Resolve daily FOBO cash breaks for the business
• Participate in CTB (Change the Bank) initiatives of the team as well as domain-wide
• Liaise with different support teams for escalation and remediation of daily issues encountered
• Collaborate with Financial Controllers and Business Relationship managers to ensure front to back controls are managed effectively.
• Work with different stakeholders to improve existing processes and outputs

• The position sits with Global Financing & Credit trading Business for EMEA/ US region.

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

• The role is Credit business aligned and will entail multiple sub product businesses.
• Strong product knowledge on investment banking products, with sound understanding of risks and valuations
• Responsible for the oversight and management of the generation of the daily independent Risk and P&L in a timely manner, ensuring daily reconciliation and position reports as required.
• Reviews any exceptions raised in reports by the team and/or escalated by the supervisor
• As the key point of contact for traders and onshore colleagues, ensures all queries are rectified on a timely basis
• Facilitates business growth and re-organisation.  Involvement with the NPA (New Product Approval) process, making changes to reporting process as required.
• Participate and execute strategic systems role out and other Change the Bank initiatives.
• Work to ensure process standardisation across global product reporting, applied to both workflow practice and work tools that are used. Ensures a robust and scalable production process.
• Responsible for the talent development and training requirements of team, delegating to supervisors where applicable

Your skills and experience

You will have:

•  Relevant experience in Financial Services / Product Control, experience in supervising in a risk and P&L environment over and over experience in production.
• A Business or Accountancy based degree. Further relevant studies and/or a  Masters is an advantage
• Enhanced technical knowledge, particularly on Rates Risk Engine and an appreciation for the front to back process and control environment
• Good cultural awareness and able to manage stakeholders across locations
• Good people management skills in terms of team development and retention
• Good communication skills, fluent in English (written/verbal)

You will be:

• An excellent team worker, able to work in virtual global teams and in a matrix organization
• Open minded, able to share information, transfer knowledge and expertise to team members
• Keeping pace with technical innovation and market driven initiatives and maintains a broad understanding of the Business Finance offering
• Able to work under pressure
• Able to challenge existing procedures and proactively look for process and system improvements.
• Able to transfer knowledge and expertise to team members, and work across functions in order to share information and proactively resolve challenges.

Education/ Qualifications

• Preferably qualified Chartered Accountant / CPA / ACCA / CIMA / CFA.

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.