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Senior Fund Operations

Impact46
Riyadh, KSA
Full-time
Mid-Senior
Onsite
Discovered 3 weeks ago
Fund operationsFinancial accountingInvestment fund transactionsNet Asset Value calculationFund accounting reconciliationFinancial reporting
Free

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Fund operationsFinancial accountingInvestment fund transactions
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Job Overview

Execute the day-to-day operational activities of the company's investment funds.

Monitor fund financial and accounting activities, subscription and redemption transactions, operational records, and reports.

Ensure operations comply with Capital Market Authority regulations and each fund's terms and conditions.

Daily Fund Operations

  • Execute and monitor subscription and redemption transactions across funds.
  • Calculate Net Asset Value periodically and verify its accuracy.
  • Manage investor records and investment units for each fund.
  • Coordinate with the custodian and fund administrator on settlements.

Accounting and Financial Reporting

  • Prepare monthly, quarterly, and annual financial statements for funds.
  • Monitor the calculation of management and performance fees.
  • Ensure fund accounting records reconcile with custodian records.

Compliance and Governance

  • Ensure operational compliance with fund terms and conditions and CMA Investment Funds Regulations.
  • Prepare reports required by the Capital Market Authority and submit them through approved systems within regulatory deadlines.
  • Maintain documented records of all operational activities for audit purposes.

Internal and External Coordination

  • Liaise with fund managers and the investment team to ensure proper execution of operations.
  • Coordinate with the custodian, external auditor, and service providers to complete operational tasks.
  • Support the Investor Relations team with operational information as needed.

Required Qualifications and Experience

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Two to five years of experience in fund operations or financial accounting within an asset management firm.
  • Solid knowledge of the CMA Investment Funds Regulations.
  • Fluency in Arabic and English.

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