Compensation Finance - Deferred Compensation SME - AVP

Deutsche Bank's deferred compensation structure is designed to align employee incentives with the bank's long-term strategy, risk appetite, and the interests of its shareholders and clients. It's a complex system that takes into account a variety of factors, reflecting the diverse nature of the bank's operations.  The Deferred Compensation SME - AVP plays a critical role in overseeing deferred compensation, acting as a crucial link between Senior Management, Business Divisions, HR, and other stakeholder groups. Its primary objective is to ensure that deferred compensation plans are accurately managed through sound financial control mechanism and timely reported to key stakeholders.  The reporting part of the role includes Forecast, Plan, Management Information and other ad-hoc reporting.

What we will 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

• Responsible for the monthly validation of deferred compensation costs as calculated by the source system
• Deferred compensation cost planning & forecasting
• Periodic reporting of deferred compensation cost including variance and trend analysis
• Point of contact for Business FDs and HR Business Partners globally for any insights or clarifications on specific cases and costs.
• Perform business analytical review of compensation data to understand behavior and underlying drivers

Your skills and experience

• Bachelor’s degree in accountancy, or other Business-related equivalents with Accounting courses
• Strong knowledge and understanding of compensation costs structure including policies governing the proper accounting of costs
• Proven experience in driving change initiatives across different levels of the organization
• Highly proficient in MS Office applications and SAP.  Knowledge with Equate Plus system is a plus
• Analytical and problem-solving skills combined with excellent written and verbal communication skills

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.