Fund Finance Associate

4 days ago


Chicago, Illinois, United States Deutsche Bank Full time
About the Role:

We are seeking a highly skilled Fund Finance Associate to join our team in the Private Debt Fund Finance group. As a Fund Finance Associate, you will play a critical role in supporting the financial reporting and operational aspects of our investment vehicles. Your responsibilities will include overseeing the out-sourced fund administration function, ensuring timely and accurate completion of vehicle financial statements, liaising with third service providers, and interfacing with current and potential investors on information requests.

Key Responsibilities:

• Maintain strong cross-functional relationships with the IAO team and other groups at DWS and RREEF to support department and company initiatives.
• Support the product launch process from an accounting and operational set-up perspective, including assisting with sourcing tax and audit vendors, ensuring appropriate set-up within the relevant accounting and reporting systems, and aiding various teams involved in the product development process.
• Serve as the primary contact and 1st reviewer of select investment vehicles, reviewing monthly accounting close packages and quarterly consultant reports or other ad hoc reports as required.
• Review and tie out of quarterly/annual financial statements, including trial balance, cash flow, and footnotes.
• Interact with external contacts, including the Fund Administrator, auditors, tax advisors, and other third-party service providers.
• Prioritize and track various calendar deliverables and deadlines.
• Assist with investor-related deliverables.
• Complete ad hoc projects and tasks to improve efficiency and processes.
• Assist in tracking/management of annual tax returns/1099s/K-1s, regulatory reporting requirements, and loan compliance requirements.
• Collaborate on deliverables and projects with other DWS and RREEF teams, including Portfolio Management, CFO group, Asset Management, Transactions, Client Advisory Group, and Capital Markets.
• Stay educated on accounting industry updates, including new GAAP accounting literature and NCREIF PREA Reporting Standards.

Requirements:

• Experience with direct lending funds is preferred.
• Minimum of 3-5 years of total experience in accounting, with a mix of private and public accounting experience preferred.
• Four-year college degree required, with a concentration in accounting or a related business field.
• CPA designation is a plus.
• Strong verbal and written communication and interpersonal skills.
• Excellent organizational skills, attention to detail, and ability to handle multiple tasks simultaneously.
• Ability to take direction and work efficiently in a dynamic team environment.
• Motivated, self-started, with the ability to problem-solve.
• Proficiency in the use of Windows, Excel, Word, PowerPoint, and Outlook.

What We Offer:

At DWS, we are committed to creating an inclusive culture where colleagues can be themselves. We offer a range of benefits, including competitive salary and matched 401K savings plan, generous paid time away, physical and mental health well-being benefits, family-friendly benefits, and the opportunity to support our CSR strategy. We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.

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