Business Analyst VAT

Job Description:

Business Analyst VAT

Purpose Intro

DB Global Technology is Deutsche Bank’s technology centre in Central and Eastern Europe. Since its set-up in 2013, Bucharest Technology Centre (BEX) has constantly proven its capacity to deliver global technology products and services, playing a dynamic role in the Bank’s technology transformation.

We have a robust, hands-on engineering culture dedicated to continuous learning, knowledge-sharing, technical skill development and networking. We are an essential part of the Bank’s technology platform and develop applications for many important business areas.

Role Intro

Join our Strategic Analytics Group and be a part of a transformative journey at the Bank. One of our key projects, Daily Close, involves a global upgrade of the Ledger and Subledger from the current SAP R/3 system. This is a strategic initiative that will shape the future of our operations.

Although this is a project delivery role, you must be willing to contribute and assist in all areas of the team’s work to ensure the successful delivery of the Daily Close programme with minimal risk to the Bank. The team is small, and everyone is expected to pitch in to achieve key deliverables, including compliance work.

You will report directly to the Project Head based in Frankfurt, while you will be based in Bucharest. This is a great opportunity for a rounded experience with cross-jurisdictional and operational exposure.

Responsibilities

• Analyze existing implementations and map current data and processes to the new template and principles for globalizing processes and increase standard controls. This requires deep accounting and financial understanding and excellent analytical skills.

• Work closely with diverse stakeholders and Tax colleagues on VAT treatment and recovery.

• Assist and liaise with local Group Tax and/or Tax Coordinators.

• Assist in evaluating and ensuring that a post implementation governance structure with clearly defined roles and responsibilities is identified and agreed to ensure any indirect tax benefits are maintained.

• Participate in discussions including evaluating any VAT reporting requirements are automated to reduce any additional risks associated with manual calculation of any pro-rata calculations.

Skills

• Proven experience as a Business Analyst in a financial department or project, fluent English in writing and speaking is a must; German is a plus.

• Experience in using SAP functionalities as key-user and in assisting and implementing ERP general ledger applications.

• Deep accounting knowledge and IFRS, broad technical VAT knowledge: banking tax experience is desirable.

• Comfortable handling escalations, consistently communicating and upholding Accounting and Tax requirements through engagement with senior stakeholders; responsive to business and management requests.

• Able to summarise complex technical subject matter, with clear conclusions and recommendations, for a non-technical audience, both in written form and in oral discussions.

Well-being & Benefits

Emotionally and mentally balanced:

• Empowering managers who value your ideas and decisions. Show your positive attitude, determination, and open-mindedness.

• A professional, passionate, and fun workplace with flexible Work from Home options.

• A modern office with fun and relaxing areas to boost creativity.

• Continuous learning culture with coaching and support from team experts.

Physically thriving:

• Private healthcare and life insurance with premium benefits for you and discounts for your loved ones.

Socially connected:

• Kids@TheOffice - support for unexpected events requiring you to care for your kids during work hours.

• Enjoy retailer discounts, cultural and CSR activities, employee sport clubs, workshops, and more.

Financially secure:

• Competitive income, performance-based promotions, and a sense of purpose.

• 24 days holiday, loyalty days, and bank holidays (including weekdays for weekend bank holidays).

Culture Outro

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.