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- Tasks: Support financial performance management and reporting for branches in Asia.
- Company: Dynamic bank with a focus on integrity and growth.
- Benefits: Gain hands-on experience, develop analytical skills, and work in a supportive environment.
- Other info: Opportunity to work on diverse finance projects and enhance your career.
- Why this job: Make an impact on business profitability while learning from industry experts.
- Qualifications: Degree in Finance or Accounting; strong analytical and communication skills required.
The predicted salary is between 20000 - 30000 £ per year.
The individual will be responsible for performance management in respect of the applicable branches and subsidiaries in Asia. The key focus will be on the following areas:
- Perform revenue and cost segmentation for the relevant entities to ensure management financials are appropriately reported.
- Delivery of revenue and cost management reporting suite for Corporate Clients and Treasury, and ensuring continuous improvements to current processes.
- Provide primary support to the Cost Allocation process and Head Office Reporting requirements.
- Support the Multi-year planning (MYP) process, where applicable.
- Develop business profitability and insights to support business steer and growth initiatives.
- Enhance Finance support to business partners by improving linkages between management/local reporting and strategic agendas.
- Assist the department in meeting its overall objectives and contribute ideas to meet the requirements of the Finance Department.
- Act with integrity in accordance with the Bank’s Code of Conduct.
- Ensure that global policies and local regulations are adhered to at all times and are kept up to date with any developments in the business.
Key activities:
- Perform various monthly processes including revenues and cost allocations to facilitate Segmental Reporting (SPOT) as well as Head Office Reporting needs.
- Provide local management and business units with controlling relevant information including meaningful commentary for the entity and respective business units with a focus on both revenues and cost.
- Ensure accuracy and completeness of financials at all times.
- Identify operational/control deficiencies and work with relevant teams to ensure appropriate control processes and procedures are in place.
- Develop and maintain a well-rounded understanding of business performance and provide insightful commentary on business drivers where required.
- Ongoing review and improvement of processes to generate efficiencies.
- Work on other governance, ad hoc and Finance-related projects as and when necessary.
Formal education: Degree/Diploma in Finance or Accounting (or equivalent).
Specialist knowledge (work experience, further qualification):
- Basic knowledge of IFRS and SFRS.
- Able to work with minimum supervision and under time pressure with tight deadlines.
- Good analytical skills, meticulous and keen eye for details.
- Good communication skills both written and verbal.
- Process orientated with ability to analyse and recommend/drive improvements.
- Service-oriented to key clients and stakeholders.
- Proficient in Excel; Alteryx, Power Query and SAP knowledge beneficial.
Finance Specialist Intern - 1 year in London employer: COMMERZBANK AKTIENGESELLSCHAFT
Contact Detail:
COMMERZBANK AKTIENGESELLSCHAFT Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Specialist Intern - 1 year in London
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those who work at companies you're interested in. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for interviews by practising common finance questions and scenarios. We recommend using mock interviews with friends or mentors to build your confidence and refine your answers.
✨Tip Number 3
Showcase your skills! Bring along examples of your work or projects that highlight your analytical abilities and attention to detail. This will help you demonstrate your fit for the Finance Specialist Intern role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Finance Specialist Intern - 1 year in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Finance Specialist Intern role. Highlight relevant coursework, projects, or experiences that showcase your analytical skills and understanding of financial processes. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how your skills align with our needs. Be sure to mention any specific tools or software you're familiar with, like Excel or SAP, as we love tech-savvy candidates.
Showcase Your Attention to Detail: In finance, details matter! When writing your application, double-check for any typos or errors. A meticulous application reflects your ability to handle financial data accurately, which is crucial for this role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll get to explore more about what we do at StudySmarter!
How to prepare for a job interview at COMMERZBANK AKTIENGESELLSCHAFT
✨Know Your Numbers
As a Finance Specialist Intern, you'll be dealing with numbers all day. Brush up on your financial concepts, especially around revenue and cost segmentation. Be ready to discuss how you would approach performance management and reporting, as this will show your understanding of the role.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical abilities. Think about times when you've identified operational deficiencies or improved processes. Being able to articulate these experiences will demonstrate your capability to contribute to the team's goals.
✨Familiarise Yourself with Relevant Tools
Since proficiency in Excel and tools like Alteryx and Power Query is beneficial, make sure you're comfortable discussing your experience with these applications. If you have any projects or coursework that involved these tools, be ready to share them during the interview.
✨Understand the Company Culture
Research the company's values and code of conduct. Be prepared to discuss how you align with their expectations of integrity and service orientation. This will not only show that you're a good fit but also that you respect their organisational culture.