Treasury Finance - Hedge Accounting and Financial Control - AVP

Description

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Job Title: Treasury Finance - Hedge Accounting and Financial Control - AVP

Location: Manila

Corporate Title: Assistant Vice President

Treasury and Business Finance (TBF) owns the Treasury and Investment Banking Finance controls and provides insights on Treasury and Business performance.

TBF is a control function with a critical role of ensuring integrity, completeness, and accuracy of the Bank’s financial books and records.

The group performs the Financial Control function, which entails providing transparent and accurate reporting and appropriate regulatory control to avoid reputational damage to the Bank.

In Deutsche Bank, this control function leverages on a multi-skilled team with capabilities to understand the financial impact of trades from the analysis of Risks and Profit and Loss up to the substantiation of the Balance Sheets and interacts with a diverse set of stakeholders.

The Financial Control and Analysis function performs various period-end activities inclusive of but not limited to journal postings, MAFA (Management Accounts vs Financial Accounts) and FOBO (Front Office vs Back Office) reconciliations, hedge accounting and substantiating balance sheet accounts - to ensure accuracy and completeness of financial and risk reports for multiple legal entities globally.

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Competitive Salary
• Attractive Retirement Benefit
• Medical and Life Insurance upon employment
• 20 days Annual Vacation Leaves

Your key responsibilities:

• Building the Financial accounting for new hedge accounting programs, and partnering with other key strategic partners in Treasury, Finance and Corporate Bank across the globe
• Responsible in daily / monthly hedge designations and de-designations
• Responsible in monthly PV01 risk re-balancing and communicating the results to stakeholders.
• Responsible in raising concerns both production and IT related issues to relevant stakeholders and partnering with them to create solutions (both tactical and strategic fixes).
• Supporting Production based FC (Financial Control) activity for Issuance and Hedge Accounting and forming strong relationships with our colleagues in London
• Assisting / Leading in the coordination of various Hedge Accounting topics/Projects
• Ad-hoc project work as required.

Your skills and experience:

• Bachelor's Degree in either Accountancy or Business equivalent degree, while further professional qualification or study. e.g., CPA, CFA, CMA, or Master’s degree will be an advantage.
• Knowledge of a range of financial products and markets will be expected from you in this role, while knowledge of US-GAAP/IAS/IFRS is beneficial.
• Strong competencies in investigation, problem resolution and detail intensiveness
• Possess excellent communication skills and ability to confidently interact and present information and findings with a diverse set of stakeholders and senior Finance people, as well as a change mindset- as Deutsche Bank embarks on a multi-year program to transform its strategic architecture and improve its processes.
• Relevant experience in Finance function, e.g., P&L / risk, financial reporting and have a solid understanding of the workings within a Finance department - i.e., trade booking and P&L front to back process flow.
• Computer-literate and skilled in MS Office applications (with particular emphasis on Excel) and experience in automation and using programming languages such as Visual Basic for Applications, Visual Basic, Python, Tableau and Alteryx will be an advantage.

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