Private Equity Fund Accountant

Deutsche Bank • Tribes Hill, NY

2d • $90,000 - $142,000 • Hybrid

About The Position

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. Team / Division Overview The DWS Private Infrastructure business (“DWS Infrastructure”), acquires and manages Debt and Equity investments in businesses that provide essential Infrastructure services in the transport, energy, utilities, digital, circular economy and healthcare sectors. With investment teams located in Europe and the US, the business has a global footprint and is focused on managing infrastructure portfolios that can meet the needs of institutional investors and private clients worldwide. The division has funds under management of approximately €15 billion. The US Infrastructure Debt platform currently manages in excess of $4 billion of committed capital through multiple credit funds and separately managed accounts. Since the Platform’s inception in 2014 the investment team has deployed capital into over 170 investments. The Fund CFO team is responsible for the fund accounting and specific investment operations tasks for investment vehicles to be launched and managed. The team ensure timely and accurate completion of vehicle financial statements, liaising with third service providers and interfacing with current and potential investors on information requests. Role Details As a Fund Accountant you will:

Requirements

• Minimum of 4 years’ experience of accounting with a preference towards experience within the private funds industry.
• Proven recent experience across Alternatives fund finance, with a focus on Private Equity strategies preferred, supporting closed-end vehicles with drawdown structures and a knowledge of investor allocations.
• A relevant college degree in accounting or related business field.
• 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.
• Proficiency in the use of Windows, Excel, Word, PowerPoint and Outlook.
• Experience with complex excel calculations and macros a plus.

Nice To Haves

• CPA designation preferred.

Responsibilities

• Support the product launch process from an accounting perspective, ensuring relevant accounting and reporting systems are set-up.
• Primary contact of select investment vehicles, which includes reviewing monthly accounting close packages and review of 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.
• Supporting core fund accounting, for Drawdown type fund structures and investor allocations.
• 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 and 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-1’s, regulatory reporting requirements.

Benefits

• At DWS you’ll have access to a range of benefits which you can choose from to create a personalized 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.
• We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees