Financial and Regulatory Reporting Senior Analyst - NCT

Job Description:

Details of the Division and Team:

The successful candidate is expected to own and present the financial, regulatory and management reporting for Finance - providing accurate and timely financial information and high-quality advice and analysis to businesses and infrastructure functions. (S)he is also expected to measure and analyze performance and identify areas to drive innovative change and to liaise effectively with all internal and external stakeholders in and beyond Sri Lanka.

The successful candidate is also in charge of controlling costs, limiting risks and to strengthen the Bank’s decision-making process.

What we will offer you: 

A healthy, engaged and well-supported workforce is 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:

• Provident Fund:  the Bank will contribute 25% towards the EPF. These rates are subject to change in accordance with the amendments made to the EPF Trust duly approved by the statutory authority.  

• Employees Trust Fund: the Bank will contribute 3% of the basic salary towards the Employees Trust Fund (E.T.F.).  This rate is subject to change in accordance with the statutory limits as declared by the Government of Sri Lanka.

• Gratuity : You will be entitled to Gratuity, on resignation/separation/retirement from Bank (after completion of 5 years continued service).

• Medical Insurance: All employees and dependents (spouse and children) are covered under a Medical Insurance Policy.

• Group Term Life Insurance:　All employees are covered under a Life Assurance Policy. 

• Group Personal Accident Insurance: All employees are covered under a Personal Accident Insurance Policy.   

Your key responsibilities:

• All payment related coordination, working account clearing and internal account reconciliation from finance end.

• Timely completion of accurate financial, management and regulatory reporting, including filing of statutory returns.

• Compliance with statutory directives issued by the Central Bank of Sri Lanka and other Regulators on finance matters.

• Provide insightful and timely responses to ad-hoc requests and surveys sent by the Regulator.

• Analyze and review of business performance.

• Tax administration and compliance - direct and indirect taxes as well as transfer pricing arrangements.

• Manage and owning regional processes on agreed KPIs.

• Design, implement and run an effective internal control environment over financial reporting and finance processes.

• Drive sustainable changes in the local finance processes and systems including participation in franchise-driven / regional / global change initiatives.

• Liaise with stakeholders as well as external parties such as auditors / consultants, local regulatory bodies and the Inland Revenue Department, providing insights on financial information and underlying business / economic developments and on changes in accounting and taxation.

• Branch budget for ICAAP.

• Other Branch level MIS and Analysis.

• Reports to: Head of Finance, Sri Lanka

Your skills and experience:

Experience and exposure:

• Minimum of 5 years’ experience in Finance

Educational Qualifications

• A member or a Passed finalist of Institute of Chartered Accountants of Sri Lanka

• ACCA qualification

• An accounting degree from a recognized university and/or equivalent qualification.

• An MBA will be an added advantage

Required Skills and Competencies:

• Excellent communication skills in English.

• In-depth knowledge of Sri Lankan accounting, reporting, and taxation rules and regulations.

• Excellent knowledge of banking, banking and investment products and processes gained through hands-on experience in the Banking and Financial Service Industry.

• Able to handle stressful situations with internal clients and regulators whilst maintaining a professional approach to problem solving.

• Capable of building up good connections with local legal, regulatory and public authorities.

• Capable of adopting a hands-on and proactive approach.

• Possesses and demonstrates integrity and discretion.

• Conversant with MS Office applications.

• Audit experience in banking sector will be an added advantage.

• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

Behavioral Skills

• Proven ability to prioritize deliverables.

• Good analytical and problem-solving skills.

• Ability to deliver under challenging conditions.

• Decision making skills

• Excellent interpersonal skills

How we’ll support you: 

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here  to see what we do.

Deutsche Bank & Diversity

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.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.