Fund CFO Associate, Deutsche Bank

Salary not provided

Excel

Mid and Senior level

London

2 days a week in office (Cannon Street, London)

Investment bank and financial services company

Posted today

Investment bank and financial services company

1001+ employees

B2CB2BInvestingTradingFinancial Services

Posted today

Salary not provided

Excel

Mid and Senior level

London

2 days a week in office (Cannon Street, London)

1001+ employees

B2CB2BInvestingTradingFinancial Services

Company mission

To be the leading global provider of financial solutions for demanding clients, creating exceptional value for its shareholders and people.

Job

Company

Role

Who you are

We’re looking for creative thinkers and innovators to join us as the world continues to transform
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
Qualified Accountant (ACCA, ACA, CPA)
Experience within the Alternative Investment Fund industry and / or financial industry is beneficial
Experience in Infrastructure and / or Private Equity is highly beneficial but not necessary
Strong working knowledge of MS Word, Excel and PowerPoint

What the job involves

The Fund CFO Associate 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
The successful candidate will be required to manage and run the day-to-day operations of the Fund and Fund entities with responsibilities as follows:
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 AIF´s NAV
Ensure policies are consistently applied
Reviewing / responding to investor queries (existing and prospective)
Support launch of new products / Funds
Oversee fund corporate administration
Manage the engagement and on-going oversight of Service Provider
Carrying out certain control activities, such as bid budgets, fees monitoring, regulatory disclosures, etc
Manage cash
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 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
Review of Annex IV returns
Responding to investor queries

Salary benchmarks

Our take

Despite its roots in the nineteenth century, Deutsche Bank has seen strategic transformation at countless stages to remain competitive. For example, it recently launched Vert, a new digital payments company for SMEs, in collaboration with Fiserv. As a result, the company successfully filled the gap in the market for a user-friendly, all in one solution which would enable merchants to accept payments and manage money.

The company continues to benefit from its scale and reputation. Despite ongoing criticisms, its strong European ties and a global network means Deutsche Bank is well placed to help clients navigate through geopolitical and macroeconomic shifts, something that can’t be said so confidently of its competitors. Today, it operates in circa 60 countries.

Moving forwards, the company is focused on aligning more closely to environmental, social and governance (ESG) criteria to facilitate over €500B in sustainable finance and investments between 2020 and 2025.