Private Banking Business Finance, Analyst
Deutsche Bank · Mumbai, Maharashtra, India
- On site
- Full-time
- ₹650,000 / year
- Mumbai, Maharashtra, India
Job highlights
- Manage Private Bank divisional finance topics.
- Responsible for P&L, reporting, and disclosures.
- Support revenue flash and ledger close.
- Engage with business managers across regions.
- Requires Commerce/MBA Finance with accounting.
About the role
Private Banking Business Finance Analyst
This is a Business Finance role for the Private Bank (“PB”) franchise and is responsible for managing all PB Divisional Finance topics, facing off to CFO PB and PB COOs/business managers across hub locations. The incumbent would be responsible for a range of business finance activities including month end ledger close, journal postings, P&L reporting, Revenue Flash/Actuals, Balance Sheet substantiation, financial disclosures; and so on.
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
Business Finance is responsible for the production, validation and reporting and analysis of P&L including, month end financial statements including substantiation, and disclosures, for their area, in line with applicable internal policies and external regulatory, statutory and control frameworks.
Key deliverables for this role include:
- Supporting preparation of Revenue Flash, explaining variance vs prior trends and actuals as they develop during ledger close. Engaging with Business managers across regions/businesses for the above - this is critical due to lack of daily P&L, requiring detailed driver based explains of movements, cyclical and episodic events
- Supporting other deliverables including month-end ledger posting, FX exposure management, financial disclosures and Balance sheet substantiation.
- Supporting performance of key controls
- Managing audit requirements
Your Skills And Experience
- Commerce Graduate or MBA Finance with specialization in Financial accounting & reporting
- Good communication and articulation skills with experience in facing off to business heads
- Ability to work in a diverse team with cross-cultural exposure
- Very good desktop and presentation skills
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.
Key skills/competency
- Financial Accounting
- P&L Reporting
- Balance Sheet Substantiation
- Revenue Flash
- Ledger Close
- Financial Disclosures
- Audit Management
- Commerce Graduate
- MBA Finance
- Deutsche Bank
Skills & topics
- Private Banking
- Business Finance
- Finance Analyst
- Financial Accounting
- P&L Reporting
- Revenue Flash
- Ledger Close
- Balance Sheet
- Financial Disclosures
- Deutsche Bank
- Mumbai
How to get hired
- Tailor your resume: Highlight accounting, reporting, and communication skills relevant to finance roles at Deutsche Bank.
- Showcase experience: Emphasize any experience facing business heads and working in diverse teams.
- Demonstrate analytical skills: Prepare examples of how you've explained financial variances and managed controls.
- Understand the culture: Research Deutsche Bank's values of responsibility, commercial thinking, and collaboration.
- Prepare for interviews: Be ready to discuss your financial accounting knowledge and articulation skills.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the key responsibilities for a Private Banking Business Finance Analyst at Deutsche Bank Mumbai?
- The Private Banking Business Finance Analyst at Deutsche Bank Mumbai is responsible for managing divisional finance topics, including month-end ledger close, P&L reporting, revenue flash, balance sheet substantiation, and financial disclosures for the Private Bank franchise. You will also support key controls and manage audit requirements, often engaging with business managers across regions.
- What qualifications are needed for the Private Banking Business Finance Analyst role at Deutsche Bank?
- Deutsche Bank is looking for a Commerce Graduate or MBA Finance with a specialization in Financial Accounting & Reporting for this role. Strong communication and articulation skills, along with experience in facing business heads and working in diverse, cross-cultural teams, are also essential.
- What kind of benefits does Deutsche Bank offer to its employees in Mumbai?
- Deutsche Bank offers a comprehensive benefits package including a best-in-class leave policy, gender-neutral parental leaves, childcare assistance, sponsorship for certifications, an Employee Assistance Program, hospitalization insurance, accident and term life insurance, and complementary health screenings for employees aged 35 and above.
- How can I stand out when applying for the Private Banking Business Finance Analyst position at Deutsche Bank?
- To stand out, emphasize your financial accounting and reporting expertise, strong communication and articulation skills, and any experience you have in explaining financial variances or managing controls. Demonstrating your ability to work collaboratively in a diverse team and your understanding of Deutsche Bank's culture will also be beneficial.
- Is there a specific type of financial reporting required for this Analyst role at Deutsche Bank?
- Yes, the role requires supporting the preparation of Revenue Flash, explaining variances against prior trends and actuals. You'll also be involved in month-end financial statements, including substantiation and disclosures, adhering to internal policies and external regulatory frameworks.