Job Description
Fund Accounting & Reporting
Position Overview
Role Description: Fund Accounting & Reporting
We are building a high-performing team in India to support the illiquid Products Finance & Operations function. The team will play a key role in the end -to-end financial control and oversight of real estate and private market funds domiciled in Europe and other jurisdiction. The role offers an excellent opportunity to work closely with Fund Managers, Portfolio Managers & Fund Administrators. This role offers a powerful opportunity to build holistic expertise across fund finance & operations, working hand in hand with global teams & third-party administrators while gaining in-depth exposures to European fund structures, industry benchmarks (INREV, NCREIF, MSCI) & the best-in-class operational practice.
The role is responsible for overseeing the accounting, financial, and regulatory reporting of alternative investment funds across Real Estate, Private Equity, and Private Debt asset classes along with looking at liquidity management & capital/funding transactions, working closely with treasury for appropriate & timely hedging of currency exposure. The position involves active review of fund financials produced by external fund administrator, ensuring accuracy of NAVs, management and performance fee calculations, investor allocations, valuation, and regulatory submissions. The role also extends to the review & oversight of SPV financial statements and reporting, ensuring accuracy, compliance with accounting standards and alignment with the fund's overall financial & regulatory requirements. The incumbent will play a key role in strengthening financial control, governance and reporting framework wile driving improvements across the fund reporting function.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy,
• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term Life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
• Oversee the financial reporting and accounting processes of alternative funds managed through external fund administrator, ensuring compliance and internal policies, fund documentation and local regulations.
• Review and challenge NAV calculations, management and performance fee workings, valuation adjustments, investor allocation and expense accrual
• Liaise with external fund administrators, custodian & depositors to ensure service quality and compliance with SLAs.
• Analyse financial statements & reports to ensure accuracy & completeness in accordance with the appliable GAAPs (IFRS/Lux GAAP/German GAAP/US GAAP) & industry best practices (INREV, NCREIF/MSCI)
• Understand Fund agreement to determine impact on reporting.
• Ensure fund performance and investor relevant metrics are correctly calculated and timely reported.
• Provide oversight and critical review of SPV-level financial statements and reporting, ensuring accuracy, completeness, proper consolidation and adherence to applicable accounting, regulatory, and internal control standards.
• Support the delivery of the periodic board packs.
• Oversight of key regulatory and management reporting deliverables - including AUM, AIFMD, Annex IV, and SAQ- ensuring robust governance, data integrity, and compliance with internal polices and external regulatory standards.
• Support the annual external audit process.
• Ensure all applicable investor deliverables are produced, reviewed, and delivered to investors in line with Fund rules & relevant investors agreements.
• Ensure financing arrangements adhere to fund documentation, regulatory limits and internal risk framework.
• Working with the Head of Treasury, to ensure hedging facilities are executed and maintained correctly.
• Oversee the end-to-end capital call and distribution process ensuring timely execution and accuracy of calculations.
• Addressing internal and external stakeholder queries promptly and efficiently
• Designing /enhancing processes and supporting/furthering technology initiatives related to above responsibilities
• Provide fund finance insights for management reporting, investor presentation.
Your skills and experience
• Strong Fund Accounting Expertise: Deep understanding of fund structures across Real Estate, Private Equity, and Private Debt including capital commitment structures, drawdowns, waterfalls, carried interest, and distribution mechanisms.
• Financial Review & Oversight: Proven ability to review and challenge NAVs, Management and performance fee calculations, investors allocation, valuation adjustments, and expense accruals prepared by Fund administrator. Strong ability to assess and challenge SPV financials and underlying reporting, with a keen eye for data integrity, control gaps and compliance with accounting and regulatory framework.
• Regulatory & Financial Reporting: Experience with preparation and oversight of financial statements under IFRS/HGB/Lux GAAP, and regulatory reporting requirements such an AIFMD, KAGB, INREV, BVI or BaFin filings. Familiarity with AUM reporting and reconciliation to internal and external systems.
• Valuation Governance: Understanding of valuation methodologies for illiquid and alternative investments, including fair value assessment of real estate, unlisted equity and private debt instruments, ensuring consistency with regulatory and accounting standards.
• Fund Administrator Management: Ability to review deliverables from external fund administrator, ensuring accuracy, completeness and adherence to SLAS, control framework and accounting policies. Skilled in identifying and escalating material discrepancies or control breaks promptly.
• Control & Governance mindset: Strong focus on implementing and maintaining robust internal controls. Governance over pricing valuation, and finance close process an ensuring compliance with both internal polices & external regulatory framework.
• Analytical & Technical Proficiency: High degree of comfort with Fund accounting system and reporting tools (e.g. Investran, Yardi, efront, or equivalent) and advanced excel/power BI capabilities to perform data validation and portfolio analytics
• Stakeholder Management: Effective communicator capable of coordinating across Investment teams, fund administrators, auditors and regulators, ensuring timely and accurate reporting and resolution of accounting or valuation issues
• Continuous improvement orientation: Demonstrated ability to enhance reporting process, standardize templates, improve efficiency and contribute to automate or data quality initiatives.
• Professional Qualifications: Chartered Accountants/CPA/ACCA or equivalent accounting qualification.
• Interpersonal skills: Demonstrates a solution-oriented mindset, strong problem-solving ability and willingness to take ownership and accountability for deliverables. Capable of driving outcomes in a fast-paced environment, fostering teamwork, and promoting a culture of transparency, accuracy and continuous improvement
• Other skills: Proficiency in German desirable but not required. INREV experience preferred.
How we'll support you
• Training and development help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.
About us and our teams
Please visit our company website for further information:
We strive for a 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.
Position Overview
Role Description: Fund Accounting & Reporting
We are building a high-performing team in India to support the illiquid Products Finance & Operations function. The team will play a key role in the end -to-end financial control and oversight of real estate and private market funds domiciled in Europe and other jurisdiction. The role offers an excellent opportunity to work closely with Fund Managers, Portfolio Managers & Fund Administrators. This role offers a powerful opportunity to build holistic expertise across fund finance & operations, working hand in hand with global teams & third-party administrators while gaining in-depth exposures to European fund structures, industry benchmarks (INREV, NCREIF, MSCI) & the best-in-class operational practice.
The role is responsible for overseeing the accounting, financial, and regulatory reporting of alternative investment funds across Real Estate, Private Equity, and Private Debt asset classes along with looking at liquidity management & capital/funding transactions, working closely with treasury for appropriate & timely hedging of currency exposure. The position involves active review of fund financials produced by external fund administrator, ensuring accuracy of NAVs, management and performance fee calculations, investor allocations, valuation, and regulatory submissions. The role also extends to the review & oversight of SPV financial statements and reporting, ensuring accuracy, compliance with accounting standards and alignment with the fund's overall financial & regulatory requirements. The incumbent will play a key role in strengthening financial control, governance and reporting framework wile driving improvements across the fund reporting function.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy,
• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term Life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities
• Oversee the financial reporting and accounting processes of alternative funds managed through external fund administrator, ensuring compliance and internal policies, fund documentation and local regulations.
• Review and challenge NAV calculations, management and performance fee workings, valuation adjustments, investor allocation and expense accrual
• Liaise with external fund administrators, custodian & depositors to ensure service quality and compliance with SLAs.
• Analyse financial statements & reports to ensure accuracy & completeness in accordance with the appliable GAAPs (IFRS/Lux GAAP/German GAAP/US GAAP) & industry best practices (INREV, NCREIF/MSCI)
• Understand Fund agreement to determine impact on reporting.
• Ensure fund performance and investor relevant metrics are correctly calculated and timely reported.
• Provide oversight and critical review of SPV-level financial statements and reporting, ensuring accuracy, completeness, proper consolidation and adherence to applicable accounting, regulatory, and internal control standards.
• Support the delivery of the periodic board packs.
• Oversight of key regulatory and management reporting deliverables - including AUM, AIFMD, Annex IV, and SAQ- ensuring robust governance, data integrity, and compliance with internal polices and external regulatory standards.
• Support the annual external audit process.
• Ensure all applicable investor deliverables are produced, reviewed, and delivered to investors in line with Fund rules & relevant investors agreements.
• Ensure financing arrangements adhere to fund documentation, regulatory limits and internal risk framework.
• Working with the Head of Treasury, to ensure hedging facilities are executed and maintained correctly.
• Oversee the end-to-end capital call and distribution process ensuring timely execution and accuracy of calculations.
• Addressing internal and external stakeholder queries promptly and efficiently
• Designing /enhancing processes and supporting/furthering technology initiatives related to above responsibilities
• Provide fund finance insights for management reporting, investor presentation.
Your skills and experience
• Strong Fund Accounting Expertise: Deep understanding of fund structures across Real Estate, Private Equity, and Private Debt including capital commitment structures, drawdowns, waterfalls, carried interest, and distribution mechanisms.
• Financial Review & Oversight: Proven ability to review and challenge NAVs, Management and performance fee calculations, investors allocation, valuation adjustments, and expense accruals prepared by Fund administrator. Strong ability to assess and challenge SPV financials and underlying reporting, with a keen eye for data integrity, control gaps and compliance with accounting and regulatory framework.
• Regulatory & Financial Reporting: Experience with preparation and oversight of financial statements under IFRS/HGB/Lux GAAP, and regulatory reporting requirements such an AIFMD, KAGB, INREV, BVI or BaFin filings. Familiarity with AUM reporting and reconciliation to internal and external systems.
• Valuation Governance: Understanding of valuation methodologies for illiquid and alternative investments, including fair value assessment of real estate, unlisted equity and private debt instruments, ensuring consistency with regulatory and accounting standards.
• Fund Administrator Management: Ability to review deliverables from external fund administrator, ensuring accuracy, completeness and adherence to SLAS, control framework and accounting policies. Skilled in identifying and escalating material discrepancies or control breaks promptly.
• Control & Governance mindset: Strong focus on implementing and maintaining robust internal controls. Governance over pricing valuation, and finance close process an ensuring compliance with both internal polices & external regulatory framework.
• Analytical & Technical Proficiency: High degree of comfort with Fund accounting system and reporting tools (e.g. Investran, Yardi, efront, or equivalent) and advanced excel/power BI capabilities to perform data validation and portfolio analytics
• Stakeholder Management: Effective communicator capable of coordinating across Investment teams, fund administrators, auditors and regulators, ensuring timely and accurate reporting and resolution of accounting or valuation issues
• Continuous improvement orientation: Demonstrated ability to enhance reporting process, standardize templates, improve efficiency and contribute to automate or data quality initiatives.
• Professional Qualifications: Chartered Accountants/CPA/ACCA or equivalent accounting qualification.
• Interpersonal skills: Demonstrates a solution-oriented mindset, strong problem-solving ability and willingness to take ownership and accountability for deliverables. Capable of driving outcomes in a fast-paced environment, fostering teamwork, and promoting a culture of transparency, accuracy and continuous improvement
• Other skills: Proficiency in German desirable but not required. INREV experience preferred.
How we'll support you
• Training and development help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.
About us and our teams
Please visit our company website for further information:
We strive for a 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.
💡 Quick Summary
Seeking a career-building opportunity? The Fund Accounting & Reporting position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.