compensation control - compensation control analytics and reporting, dbgs manila lead & apac stakeholder lead - Vice PresidentDeutsche Bank

Job Description:
Compensation Control, within CFO, is responsible for Group-wide compensation planning, forecasting and analysis as well as the month end closure and the accurate financial reporting of compensation and benefits. It is an integrated compensation controlling function.
Compensation control is responsible for guiding holistic decision making within business and infrastructure divisions in relation to compensation and benefits. It is also responsible for the implementation of all financial related decisions made by the Senior Executive Compensation Committee and Management Board. Key components of the function's remit are pensions, cash bonus, severance, salaries and deferred compensation. These areas span multiple entities and business lines on a global basis and involve accounting, valuation and operational challenges.
As an organization, there is ever increasing focus on the compensation perimeter. This links to understating of actuals, but also to forecasting and planning for people related cost. As a result, very senior stakeholders are keen to receive deeper insights into their cost base and earlier indications of where their division will land on a monthly, quarterly and annual basis. There is a strong need to build out reporting and analysis on the compensation cost base, and this role would be responsible for all aspects of developing and producing internal reporting for the financial compensation cost position of divisions.
DB Group Services ('DBGS') is the entity responsibility for the purchase of shares for the settlement of share-based deferred compensation awards on a global basis. As such, appropriate management of the DBGS footprint is of paramount importance to the Compensation Control team. This role manages all components of DBGS operations in relation to compensation financials and reporting and owns the creation of DBGS statutory accounts. This responsibility drives exposure to a senior stakeholder group in the form of the DBGS Board (which includes the CFO for UK) as well as critical external audit interaction to ensure the sign off of DBGS accounts. The approach to the management of the requirements driven by DBGS have not been considered in recent times, so there is significant opportunity to drive improvements in the process for stakeholders across the globe.
Interaction across the global Compensation team will be critical to embed changes and to enhance the analysis, commentary and reporting.
Your Key Responsibilities
This role is also responsible for stakeholder management for the Asia Pacific region and as such covers multiple locations and entities across all relevant compensation related matters. This provides a valuable opportunity to gain both a divisional and regional context across the whole suite of compensation related topics and to get close to and influence how decisions on people and associated compensation and benefits are made. As such, stakeholder management encompasses:
Liaising with stakeholders to provide insight into and gain agreement on planning and forecasting on a divisional and entity basis; analysing and explaining actual performance versus plan and forecast by overlaying business context
Working with stakeholders to understand and interpret the impact of any changes they are intending to make on the financial representation of compensation items under IFRS and HGB
Participating in new initiatives relevant to the compensation space that are brought to the table by the stakeholders; Identifying, supporting and driving cost reduction initiatives by challenging the status quo on all components of compensation and benefits
Ensuring the entity footprint of the business divisions and Infra divisions is considered and understood; Extensive audit and regulatory face off across a number of key entities in the region
Guiding, developing and effectively utilising more junior staff and leveraging the combined expertise and power of the whole Compensation team will be key to successful delivery in this role.
Your Skills and Experience
University degree and/or professional qualification in Finance, Economics or Accounting, Preferably a Certified Public Accountant (CPA)
Control Focus - Commitment to ensure the control responsibilities within their remit are understood, discharged to an appropriate standard and fully embedded into the SOx framework. Awareness of upstream controls and downstream dependencies is also integral to how a successful candidate would operate.
Stakeholder Management - Ability to interact with senior counterparts within their stakeholder groups across often sensitive compensation topics and deliver information, analysis and solutions in a timely manner. Aptitude for simplifying complex topics to support stakeholder discussions.
Technical Skills - Capability to assimilate technical accounting and regulatory concepts and operational information and bring the two together to manage complex monthly, quarterly, annual and ad hoc delivery. Reporting and Analytical Skills - Experience of reporting and analysis and an ability to quickly assimilate important aspects of complex topics and translate the financial outcomes into suitable reporting for senior stakeholders.
People Development and Management - Proven ability to influence and develop more junior staff to support delivery and grow the wider teams' expertise, experience and motivation.
How we'll support you
Training and development to help you excel in your career
Coaching and support from experts in your team
A culture of continuous learning to aid progression
What we'll offer you
Competitive Salary
Attractive Retirement Benefit
Medical and Life Insurance upon employment
20 days Annual Vacation Leaves
About us and our teams
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Deutsche Bank & Diversity
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about diversity and inclusion at Deutsche Bank
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about our diversity and inclusion policy and initiatives.
Deutsche Bank

Manila City, Metro Manila
Permanent
Full-time