DBMN - Fund Accounting Analyst (Open for Fresh Graduates)

Deutsche Bank AG; Manila; On-site; PHP 550,000 - 750,000; Full time

Benefits offered by this job

Competitive Salary

Attractive Retirement Benefit

Medical and Life Insurance

20 days Annual Vacation Leaves

Job summary

Deutsche Bank AG in Manila seeks a Domestic Fund Services Analyst to support daily NAV calculations and fund accounting processes for client portfolios. You will handle data setup, trades processing, and reporting in the fund accounting system, while ensuring accuracy and timely delivery.

The role requires a degree in accounting, CPA certification, and strong MS Office skills, with a focus on detail and pressure management. Overtime may be required in busy periods.

Qualifications

• Bachelor's Degree in Accountancy.
• Certified Public Accountant credential.
• Strong analytical skills and attention to detail.
• Ability to work under tight deadlines in a busy environment.
• Willing to render overtime when necessary.

Responsibilities

• Set up and maintain static data on FA system.
• Process trades, corporate actions, and admin transactions in FA system.
• Perform daily securities pricing and upload results to FA system.
• Support NAV calculations for client funds.

Skills

Detail-oriented

Analytical skills

Ability to work under pressure

Education

Bachelor's Degree in Accountancy

Certified Public Accountant

Tools

Microsoft Office (Excel, PowerPoint, Word, Visio)

Job description

Job Title: DBMN– Domestic Fund Services Analyst

Location: Manila. Corporate Title: No Corporate Title.

Operations provides support for all of Deutsche Bank’s businesses to enable them to deliver transactions, processes and reporting to clients. The role will handle Daily/Periodic Net Asset Value calculation and reporting to Domestic Fund Services Clients.

What we will offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

• Competitive Salary
• Attractive Retirement Benefit
• Medical and Life Insurance upon employment
• 20 days Annual Vacation Leaves

Your key responsibilities

• Set-up and maintains various static data on fund accounting (FA) system
• Capture/Process trades, corporate actions, and admin transactions, and authorizes, as needed, on fund accounting (FA) system.
• Daily securities pricing for client’s portfolios and upload on the FA system.
• Assists senior fund accountants in ensuring the veracity of prices used for the mark to market valuation of investments from various sources such as, Bloomberg, PSE, and other third parties.
• Calculates daily and monthly Net Asset Value for all clients’ funds/portfolios.
• Prepare daily, monthly, quarterly and annual reports with supporting documentation for clients/regulators
• Ensures accuracy, integrity, timeliness and completeness of data as well as timely submission of deliverables to clients as per SLA
• Coordinates with clients and counterparties
• Prepare securities, outstanding capital shares and cash reconciliations.
• Helps in identifying and clearing the breaks/reconciling items
• Assists in preparing audit schedules, financial statements and other reports
• Prepare FA clients’ invoices and help out in collecting payments
• Participates on automation projects, system enhancement/tests and regional initiatives for processing re-engineering, scalability improvement etc.
• Performs other functions such as, participating in the Business Continuity Management (BCM) activities, and assisting the FA team in ensuring the Key Operating Documents (KOD) and other internal procedural documents are always up to date.
• Escalate issues /concerns encountered with daily processes, client reporting or any NAV calculation or control issues noted
• Ensure strict adherence to all DB internal and external process guidelines including compliance and legal to maintain robust control environment.
• Coordinates with client on a daily basis to ensure complete transactions/instructions are captured and any BAU related concerns are properly raised and addressed

Your skills and experience

• Bachelor's Degree in Accountancy
• Certified Public Accountant
• Knowledgeable in Microsoft Office applications (Excel, PowerPoint, Word, Visio)
• Detail-oriented with strong analytical skills
• Applicant must have ability and desire to work in a busy, high performance environment, managing tight deadlines.
• Willing to render overtime whenever necessary
• Ability to work under pressure and multi-task
• Excellent communication skills and ability to confidently interact with a diverse set of stakeholders and clients

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression

About us and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network.

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.

For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security.

More information at: Deutsche Bank Careers (db.com)