Accounting Close – Cost Close, AVP

18 hours ago


Manila, National Capital Region, Philippines Deutsche Bank Full time

Job Title: Accounting Close – Cost Close, AVP

Location: Manila

Corporate Title: Assistant Vice President

Team Overview

The Cost Control team is responsible for ensuring the reasonableness and completeness of costs at the entity/location (Cost Control) and business level (Cost Operations). This involves daily discussions with internal stakeholders regarding cost-related items and timely review of MECC (Month End Cost Close) actual balances versus business expectations.

Act as a bridge between various finance partners to provide guidance and advisory on cost projects, conduct consultations, and manage inquiries.

Serve as the business point of contact to facilitate communication between relevant stakeholders on issues affecting costs.

What we'll offer you
  • Competitive Salary
  • Attractive Retirement Benefits
  • Medical and Life Insurance upon employment
  • 20 days Annual Vacation Leave
Your key responsibilities
  • Ensure the accuracy and completeness of overall costs, including balance sheet accruals and P&L items.
  • Manage all four validation and control boxes to ensure a robust control environment, making appropriate recommendations.
  • Prepare cost forecasts, commentaries for governance packs, and quarterly attestations.
    • Drive client relationship strategies, fostering effective relationships at all organizational levels. Promote collaboration across work streams and with clients to achieve objectives.
      • Perform root cause analysis and analytical reviews to detect irregularities, errors, or variances.
      Your skills and experience
      • Collaboration and Teamwork: Effectively work with others towards common goals and build cooperative relationships.
        • Client Relationship Focus: Build and maintain effective relationships with internal and external clients, translating needs into actionable tasks.
          • Professionalism & Integrity: Demonstrate courteous, conscientious, and ethical behavior.
            • Flexibility, Adaptability & Innovation: Seek new ways to enhance contributions and resolve issues innovatively.
              • Driving & Delivering Results: Commit to high achievement standards, measure progress, and exceed expectations.
                • Business Knowledge & Technical Skills: Develop understanding of bank products and services, and build technical skills within the team.
                  • Commercial and Business Acumen: Use diverse information sources for informed decision-making, ensure compliance, and focus on cost discipline and shareholder value.
                  How we'll support you
                  • Training and development programs
                  • Coaching and expert support
                  • Culture of continuous learning and progression
                  About us and our teams

Deutsche Bank is a leading German bank with a strong European presence and a global network. We value diversity, support, and inclusivity, fostering an environment where all backgrounds are welcomed and respected. We promote flexible work arrangements and high standards of conduct. We encourage applications from talented individuals of all cultures, races, genders, sexual orientations, disabilities, beliefs, and generations, committed to a harassment-free workplace.

Learn more about our diversity and inclusion policies and our culture.

We aim to create a culture where everyone can excel together, acting responsibly, thinking commercially, and working collaboratively. We celebrate our successes and are committed to a positive, fair, and inclusive work environment.

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