Buget Controller Specialis

Deutsche Bank has been present in Romania since 1998. It delivers tailor-made products and solutions in Corporate and Investment Banking and Transaction Banking to its corporate and institutional clients as well as Private Wealth Management to private clients.

Deutsche Bank is the leading German bank. Its CEE franchise consistently wins the #1 Bank in CEE accolade (Euromoney).

Job specifications:

Min 8 years of previous experience in Finance, out of which 5 years exposed to a full FBP (financial position, cash flow, future results), few years in accounting and results presentation to management
IFRS knowledge- medium level
Previous group financial/management accounting reporting in a multinational company
BA/BS degree in Business, Accounting, Finance or related field
English proficiency required
Strong computer skills utilizing Microsoft Office Suite (Word, Excel, PowerPoint)
Proficiency with accounting software packages are necessary (SAP would be a plus)
Demonstrated ability to work with confidential and sensitive data
Ability to organize and prioritize work to meet deadlines in a fast-paced environment is essential
Effective presentation, documentation, leadership and interpersonal skills

Your range of responsibility will include:

Create and implement a process for forecasting and budgeting (FBP) and translate this in an internal procedure to be followed
Coordinate our local entity FBP across the year (including the impact on the financial position, cash flow, future results of the entity) and the next 3-5 years plan
Prepare, analyse and present to top management the statement of cash flow of the entity
Fully supports budget owners on a proactive basis. Understands their financial and reporting needs and is viewed as a valued business partner by recommending action plans and providing high quality, professional and creative financial analysis that supports their ability to reach their corporate, financial, and operational goals
Be a business partner for the budget owners within the local legal entity, collect their needs correlated with the planned activities and entity’s strategy and challenge their views, having all the time in mind the efficiency and return on investment
Perform regular actuals vs budget analyses to determine variances from expected performance, comment them together the budget owners and present the results to senior management
Propose remedial steps to bring actual results back into line with the budget
Approve the procurement related documents in line with the available budget and check the actual delivery and payment dates
Regular review of the FBP in line with the quarterly actual results
Monthly review of the accruals for Opex and Capex and ensure their proper documentation
Active involvement in the improvement of the processes with a financial impact
Review the cost allocations by divisions/ cost centres
Monthly, quarterly and yearly management results analyses
Work closely with the PMO team to facilitate the cost recovery process
Review the actual costs and the budget for the remaining year on a quarterly basis
Perform the MIS reports for stakeholders
Challenge the budget owners in order to streamline the budget transparency and costs optimization
Prepare the presentations for executive meetings held within BEX
Perform group financial reporting according to DB workflows
Review of Clarity figures and apply internal controls
Review the invoices issued
Propose improvements for internal procedures
Continuous improvement of the FBP and ensure the internal and external requirements are fulfilled in time

We offer
• Hi-tech working environment
• Career development
• International exposure
• Attractive and competitive compensation and benefits