Fund Accounting & Reporting Analyst - Real Estate Investments

Position Overview

Employer: DWS Group

Title: Fund Accounting & Reporting Analyst - Real Estate Investments

Location: Chicago

About DWS:

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.

Job Summary:

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.

Job Responsibilities:

• 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 

Minimum Education and Experience Required: 

• 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

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 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.

The salary range for this position in Chicago is $52,000 to $98,000 . Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

At DWS, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. 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. Click here to learn more!

DWS’ Hybrid Working model 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. Each business group varies on the split between time spent in the office and at home, 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. 

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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.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .