Fund Accounting Specialist

Deutsche Bank AG; Greater London; On-site; GBP 90,000 - 120,000; Full time

Benefits offered by this job

30 days holiday

Non-contributory pension scheme

Well-Being benefits

Job summary

Deutsche Asset Management, London, seeks a Fund CFO Specialist AVP to oversee operations and finance for infrastructure funds within the Alternatives business. You will manage fund models, NAV reviews, and oversight of service providers, ensuring regulatory compliance and accurate reporting.

Ideal candidates are ACCA/ACA qualified with experience in the AIF industry, infrastructure or private equity, and strong Excel/PowerPoint skills.

Qualifications

• Qualified Accountant with ACCA/ACA
• Experience in Alternative Investment Fund or financial industry
• Experience in Infrastructure and/or Private Equity
• Strong MS Word, Excel and PowerPoint skills

Responsibilities

• Maintain relationships with Fund and SPV officers, banks, administrators, legal and tax advisers
• Review fund entity management accounts, quarterly NAVs
• Coordinate statutory accounts, VAT, tax returns and FCA/CSSF reports
• Oversee fund model maintenance and forecasting of cashflows
• Review NAV quarterly and annually; respond to investor queries

Skills

Attention to detail

Analytical thinking

Team player

Proactive problem solving

Ability to communicate clearly

Use of AI tools

Education

ACCA

ACA

Tools

MS Word

Excel

PowerPoint

Job description

Job Description:

Employer: Deutsche Asset Management

Title: Fund CFO Specialist, AVP

Location: London

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.

• 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 PowerPoint.

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.

• 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 limi