Accounts Payable Specialist

Boston, MA, United States

Job Description:

Employer: DWS Group

Title: Fund Administration Analyst

Location: Boston, MA

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.

This is your chance to invest in your future.

Read more about DWS and who we are here.

Team / division overview

As part of the Treasurer's Office group within DWS Client Coverage Operation (CCO) division, you will support our Expense Management team to ensure all billable expenses for mutual funds, exchange traded funds (ETFs) and collective investment trusts (CITs) are calculated and paid accurately to DWS Investment Management Americas, Inc (DIMA) business and third-party vendors. You will also oversee expense budget review. You will interface with various DWS group - Corporate Finance, Product, and Legal on a regular basis. This is a great opportunity to build relationships, expand your skillset, and gain product knowledge within the asset management industry.

Role Details

Calculate affiliated bill payments for investment products responsible in the team; Perform trend analysis on asset-based fees to ensure payment accuracy.

Review budgets prepared by fund accounting vendor to ensure that expense budgets and associated accrual changes are completed accurately and by deadlines.

Own all aspects of invoice processing from 3rd party and affiliated party; verify the accuracy and receipt of goods; match documentation including purchase orders.

Oversee fund accounting vendor's performance as related to the expense and budgeting process. Ensure vendor meets deadlines and provides quality output.

Participate on project teams as required and interface with other DWS groups, such as Finance, Legal, Product, and others to achieve project goals.

Prepare information required by the Funds' Boards of Directors/Trustees ensuring complete accuracy of financial information, written content and presentation. Information may include but is not limited to : contract renewal schedules, audit committee expense reports, analysis of expense changes from prior periods, memos to Directors explaining new events, and more.

Suggest improvements to workflow and procedures on a continual basis to champion change and achieve operational excellence.

Independently identify risk areas and develop effective and innovative monitoring tools to mitigate risk and the potential for errors.

Review and approve expense-related information in financial statements and fund prospectuses. Interface with funds' auditors to resolve audit questions and ensure accurate financial statements.

We are looking for

Bachelor's degree in Accounting or Finance and a minimum of 1-2 years of industry experience

Excellent computer skills to include proficiency in MS Excel and Word

Ability to multitask and work in a fast-paced environment.

Excellent written and oral communication skills

Ability to work independently and handle heavy volume within deadlines.

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.

Some of our core benefits:

Competitive Salary and Matched 401K Savings Plan

Generous Paid Time Away plus Bank Holidays

Physical and Mental Health Well-Being benefits including (but not limited to) Health & Life Insurance Plans and the support of trained Mental Health First Aiders

Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance

The opportunity to support our CSR strategy which is focused on combatting climate change & achieving greater social justice. You can make donations to our partnered organizations or take part in corporate volunteering opportunities in your local communities by providing on hand support.

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.

Privacy Statement

The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS' Privacy Notice.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

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