Skills and Experience Needed
The Finance Department (‘DFIN’) of Global Banking and Investor Solutions (‘GBIS’) is a global organization with local presence, providing the same set of services through global and efficient processes and consistent norms leveraging on production hubs. Our core missions are: Quality and timeliness of GBIS financial statements, Assisting GBIS management and all Business Lines in their steering with actionable reports on financial performance and forecasts, independent certification of all financial aggregates, financial communication and constant benchmarking, providing expertise on accounting, prudential and tax norms and ensuring compliance vis-à-vis these norms.
The Accounting group within DFIN/MAR/ACC mainly supports the MARK business line for GBIS. The group is accountable and responsible for the independent production and certification of the accounting quality Profit & Loss (P&L) and Balance Sheet daily and monthly. Specifically, the Data Quality Assurance team within MAR (also known as DQA informally) is responsible for ensuring the accuracy of the information contained on the balance sheet.
DQA is responsible for the control of the daily and monthly accounting feed to the GL from varoius back-office systems, research and treatment of any error in the feed process timely. DQA is the owner of the product related Balance Sheet and Off-Balance Sheet accounts and is responsible to certify and support the balances in these accounts. REC is responsible to provide internal and external auditors with adequate support and explanation of the balances, complete monthly certification and reconciliation packages.