Fund Finance Associate, Private Equity

Deutsche Bank AG; Greater London; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

30 days holiday

Pension up to 10%

Private medical cover

Mental health support

CSR volunteering

Job summary

DWS is seeking a Fund CFO Associate to join the Illiquid Asset Operations team in London. You will help oversee private equity fund administration, manage service provider oversight, and contribute to regulatory disclosures and financial reporting.

The role demands a detail-oriented, analytical professional with accounting qualifications and 1–2 years PQE in the AIF space, capable of collaborating across an international team and meeting tight deadlines.

Qualifications

• Qualified Accountant (ACCA, ACA, CPA) with 1–2 years PQE.
• Experience in Alternative Investment Fund industry desirable.
• Experience with Private Equity funds is advantageous.

Responsibilities

• Maintain relationships with Fund and SPV officers, banks and advisers.
• Support regulatory and compliance functions of the business.
• Review fund entity management accounts and quarterly NAVs.
• Review statutory accounts, VAT, tax returns and regulatory reports.
• Maintain operating standards, processes and procedures.

Skills

Attention to detail

Analytical thinking

Team collaboration

Communication skills

Problem solving

Deadline adherence

AI tools proficiency

Education

ACCA/ACA/CPA qualified

Experience in AIF industry

Private equity experience

Tools

MS Word

Excel

PowerPoint

Job description

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 DWS, 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.

This is your chance to invest in your future.

Team / division overview

The Fund CFO Associate will be part of the Illiquid Asset Operations team who are responsible for the oversight of operations and finance of Private Equity & Multi-asset Illiquid asset products. The role will focus on Private Equity Funds.

The key objectives of the team are to:

• 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,
• Oversee product 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
• Responding to investor queries
• The opportunity to work within an integrated and internationally operating department will provide the following benefits to a suitable candidate:
• Work in a rapidly changing business environment in a focus growth region for DWS, ability to work independently, opportunity to work within an international team, exposure to several funds which are at different stages of the Fund life cycle.
• Constant interaction with individuals within the organization, across the business (portfolio managers, product development, risk management) and externally (e.g. advisers, auditors, lawyers, service providers)
• Develop wide range of professional skills (accounting, finance, tax, legal, regulatory).

As a Fund CFO Associate you will (be):

• Maintain 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,
• Review of statutory accounts, VAT, tax returns and / FCA and CSSF reports, liaison with auditors,
• Maintenance of operating standards, processes and procedures,
• Monitoring and assessment of business and/or regulatory risks,
• Assisting the oversight of the service providers.
• Review of the AIF´s NAV
• Ensure policies are consistently applied.

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.
• Qualified Accountant (ACCA, ACA, CPA) (1-2 years PQE)
• Experience within the Alternative Investment Fund industry (Audit, Administrator and In-house)
• Experience within Private Equity and fund of fund products is highly beneficial.
• Strong working knowledge of MS Word, Excel and PowerPoint.
• Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

What we’ll offer you:

At DWS 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 DWS, 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.

DWS’ 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.

Some business groups may need you to spend more time in the office, 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 DWS 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.