Fund Accounting & Reporting Analyst

Job Description:

Employer: DWS Group

Title: Fund Accounting & Reporting Analyst

Location: Chicago

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.

Read more about DWS and who we are here.

This position is in the Fund Finance & Reporting group at RREEF Management, LLC, a real estate investment advisor, which is a wholly owned subsidiary of DWS. The Fund Finance & Reporting group oversees the out-sourced fund administration functions including property and fund accounting, client reporting and performance measurement for all RREEF advised direct real estate vehicles in the U.S. (approximately $36 billion assets under management).

The successful candidate will provide support to ensure the timely and accurate reporting of financial deliverables from fund administrators to our clients and various RREEF teams including Portfolio Management, Asset Management, Transactions, Client Advisory Group, Capital Markets and Compliance. The position is in Chicago within the firm’s Illiquid Asset Operations (IAO) group and offers a hybrid working environment.

• Maintains strong cross-functional relationships, consistent communication and cooperation with the IAO and other groups at RREEF to support department and company initiatives
• Primary contact and reviewer of select real estate vehicles which includes reviewing monthly accounting close packages, quarterly financing statements and annua audit reports, loan compliance, and quarterly consultant reporting, as required.
• Interact with external contacts including the Fund Administrator, auditors, tax advisors, and other third-party service providers.
• Collaborate on deliverables and projects with other RREEF teams including Portfolio Management, CFO group, Asset Management, Transactions, Client Advisory Group, and Capital Markets
• Coordinate approval and payment of fund level invoices with fund administrator
• Prioritize and track various calendar deliverables across multiple real estate vehicles
• Assist with the review of investor related reporting deliverables
• Liaise with third party tax providers to monitor the filing of annual tax returns/1099’s/K-1’s
• Complete ad hoc projects and tasks to improve efficiency and processes
• Stay educated on real estate and accounting industry updates and trainings including new accounting literature and NCREIF PREA Reporting Standards

• Four-year college degree required with a concentration in accounting or related business field
• Minimum 3-5 years’ experience in public accounting and/or real estate accounting position
• CPA preferred
• Real estate accounting knowledge in fair market value and historical cost method preferred
• Proficient in the use of Microsoft Office products
• Strong verbal and written communication and interpersonal skills
• Excellent organizational skills, attention to detail and ability to handle multiple tasks simultaneously
• Motivated, self-started with the ability to problem solve
• Ability to take direction and work in a team environment

At DWS we’re serious about diversity, equity and creating an inclusive culture where…