Fund Accounting Specialist

This job is with Deutsche Bank, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.

Please do not contact the recruiter directly.

Position Overview

About Deutsche Asset Management

Today, markets face a whole new set of pressures – but also a whole lot of opportunity too.

Opportunity to innovate differently.

Opportunity to invest responsibly.

And opportunity to make change.

Join us at Deutsche Asset Management, and you can be part of an industry-leading firm with a global presence.

You can lead ambitious opportunities and shape the future of investing.

You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform.

As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow.

That’s why we are ‘Investors for a new now’.

As investors on behalf of our clients, it is our role to find investment solutions.

Ensuring the best possible foundation for our clients’ financial future.

And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders.

This is your chance to achieve your goals and lead an extraordinary career.

Team / division overview

The Fund CFO Specialist will be part of the Fund CFO team who are responsible for the oversight of operations and finance of products managed within the Alternatives business.

This role will focus on five Infrastructure funds, three of which is fully invested and two of which is in the marketing and investing phase.

The successful candidate will be required to manage and run the day-to-day operations of the Fund and Fund entities with responsibilities as follows:

• Maintain and establish relationships with Fund and SPV officers, banks, administrators, legal and tax advisers,
• Support legal and regulatory compliance functions of the business,
• Review of fund entity management accounts, quarterly NAVs,
• Co-ordination and review of statutory accounts, VAT, tax returns and / FCA and CSSF reports, liaison with auditors,
• Implementation and maintenance of operating standards, processes and procedures,
• Monitoring and assessment of business and/or regulatory risks,
• Oversight of the service providers,
• Review and approve Fund’s NAV,
• Maintain Fund model
• Ensure policies are consistently applied,
• Reviewing / responding to investor queries (existing and prospective).

Role Details

As a Fund CFO Specialist, you will (be)

• Support launch of new products / Funds,
• Oversee fund corporate administration,
• Manage the engagement and on-going oversight of Service Providers,
• Carrying out certain control activities, such as bid budgets, fees monitoring, regulatory disclosures, etc
• Manage cash and liquidity needs at Fund and SPV level
• The create and maintain the Fund Models forecasting the cashflows from each asset over the fund life,
• Managing and using asset portfolio software capturing all asset data and information,
• Oversee accounting,
• Manage audit and tax reporting processes,
• Oversee performance measurement and financial reporting,
• Liaising with the deal team to help support the acquisition of assets, AML / KYC, funding, engagement letters, bid costs, deal closing, conflict clearance, etc,
• Reviewing the NAV on a quarterly and annual basis,
• Monthly AUM reporting,
• Review of Annex IV returns,
• Responding to investor queries.

We are looking for

• Motivated team member with strong attention to detail,
• Analytical and pro-active approach to problem solving,
• Strong interpersonal skills with flexibility to work independently,
• Highly collaborative and able to work efficiently and effectively,
• Ability to proactively communicate issues to the direct report,
• Ability to translate complex situation into a succinct action points list,
• Ability to work to tight deadlines, good overall knowledge of asset management and holding companies.
• Ability to use AI tools

Education & Experience Requirements

• Qualified Accountant – mandatory requirement ACCA, ACA
• Experience within the Alternative Investment Fund industry and / or financial industry
• Experience in Infrastructure and / or Private Equity
• Strong working knowledge of MS Word, Excel and Power Point.

What we’ll offer you

At Deutsche Asset Management we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves sand it’s important to us that you enjoy coming to work - feeling healthy, happy and rewarded.

At Deutsche Asset Management, you’ll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle.

Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.

Some of our core benefits

• 30 days’ holiday + bank holidays, with the option to purchase additional days
• A non-contributory pension scheme, up to 10%
• Physical and Mental Health Well-Being benefits including (but not limited to) Private Medical Cover, a complimentary GP service and the support of Mental Health First Aiders
• Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance
• The opportunity to support our CSR strategy which is focused on combatting climate change and achieving greater social justice.

You can make donations to our partner organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

Deutsche Asset Management’ Hybrid Working model in the UK is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home.

Employees who wish to sign-up to our Hybrid Working model are required to work in the office two days a week and given the flexibility to work from home for the remaining three.

We may need you to spend 3 to 4 days in the office per week, but this will be discussed and made clear as part of your application and interview process.

We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need.

Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the Deutsche Asset Management office.

This will not affect your application and your recruitment team will discuss options with you.

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.