Deutsche Knowledge Services (DKS) operates as a shared service center for Finance, Global Business Services and IT. A wholly owned subsidiary* of the Deutsche Bank Group, operating out of the Philippines, DKS provides accounting, reporting, profit and loss, cost, reconciliation, MIS, risk control, information technology and operations services (including confirmations and settlements) to internal businesses worldwide.
About Group Intercompany Unit
Group Intercompany Unit ensures that internal transactions are calculated, booked, invoiced and settled in accordance with DB Policy, Group Tax and Regulatory standards.
This creates the platform for delivery of timely & accurate reporting to internal & external stakeholders in the most cost effective manner possible.
Group Intercompany Unit Intercompany Transactions Team Lead AVP
The Intercompany Transactions team will handle the intercompany calculations leading to accruals, invoicing, and settlement in adherence with the Bank’s control framework and external regulations.
This will include resolution of emerging and identified issues, preparation of reports and presentations to senior management applying outstanding professional competencies (technical, behavioural and change management), as well as the strategic and operational responsibilities required from a Financial and Accounting Services team in the intercompany transactions arena.
The team will also be involved in engaging and delivering Change the Bank (CTB) and Run the Bank (RTB) project programs, which are aligned with other key Bank Group initiatives such as reduction in process complexity and enhanced speed / accuracy of delivery.
These are all consistent with the thrust of Finance Transformation that prescribes building and developing production lines, automating processes, generating efficiency gains from the standardization, automation and re-
alignment of processes while ensuring adequate controls are in place.
In the capacity of an Intercompany Transactions Team Lead and functional calculation owner of one of the Group Intercompany Transfer Pricing teams, within Group Intercompany Unit (GIU)-
you will be managing a team to ensure deliverables are met. You will also partner with stakeholders, and be a process and control expert.
For this role, you will need to have a Bachelor’s degree in either Accountancy or any Finance-related course. You will need to have a solid experience in finance and continuous process improvement, and an extensive knowledge and understanding of the banking industry, more specifically so with investment banking products, businesses and factors that affect the financial markets.
You will need to have a proven track record in managing large teams and possess the ability to conceptualize and spearhead enterprise or cross-
functional change and re-engineering initiatives. Moreover, you will need to have applied skills in product workflow in sub ledgers and general ledger architecture, control management skills in finance data modeling and accounting requirements for downstream general ledger systems.
You will need to possess a working knowledge of ERP system like SAP, Oracle or the like. It is essential that you have solid practical understanding of International Accounting Standards (IFRS, US GAAP, HGB) and its linkage to the financial statement, application of Chart of Account structure to the trial balance and financial statement and basic principles and drivers of Operational Risk and its impact to day-
to-day operations management.
In return, Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded.
Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.
Deutsche Bank does not accept unsolicited curriculum vitae from third party vendors.