Fund Accountant at BlueFiveSidra

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

14 Oct, 26

Salary

0.0

Posted On

16 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fund Administration, Investment Operations, NAV Calculation, Financial Reporting, Regulatory Compliance, Reconciliations, VAT Claims, Audit Coordination, Stakeholder Management, Process Automation, Analytical Skills, Time Management

Industry

Financial Services

Description

Support investment operations, reporting, and fund administration to ensure accurate execution, regulatory compliance, and operational efficiency. Drive process improvement, manage cross-functional stakeholder relationships, and develop team capabilities to support the division's financial and strategic objectives. Responsibilities Manage execution of investments, including subscriptions, redemptions, capital calls, transfers, and corporate actions. Perform reconciliations of transactions, valuations, and investment returns with investment managers, custodian banks, and sub-fund administrators, resolving any discrepancies. Review and validate NAV packs for accuracy of valuations, completeness of financial data, and escalation of discrepancies prior to final sign-off. Ensure VAT claims are accurate, compliant, fully supported, and optimized without exposing the firm to regulatory risk. Assist with internal and external audits, including review of fund financial reporting and coordination of auditor requests. Prepare administrative documents, including proposals and agreement reviews, in a timely manner. Maintain each investment manager's internal document archive covering legal, compliance, operational, marketing, and financial materials. Ensure terms and conditions and all related documents are reviewed during investment setup and that funds operate in accordance with regulatory requirements. Prepare regular reporting for internal stakeholders and regulatory bodies. Proactively identify regulatory changes that impact the team and recommend mitigation measures. Streamline and document workflows through automation and process review. Improve and implement the team's operational framework and lead initiatives to enhance operational readiness. Evaluate, train, and develop team members, providing guidance as necessary. Lead cross-departmental collaboration to ensure consistency in process implementation. Manage cross-divisional stakeholder relationships and establish service level agreements with other departments. Qualifications Bachelor's degree in a business-oriented discipline; MBA in Finance or a professional finance qualification is preferred. 3–5 years of experience in investment operations, fund administration, or a related area within the banking or financial services sector. Strong knowledge of the financial and investment sector. Excellent analytical, organizational, and time management skills. Sidra Capital adheres to Saudi Arabia labor laws and is committed to providing equal opportunities for all candidates, including individuals with disabilities. We foster an inclusive work environment where everyone is respected, supported, and empowered to contribute to our success.

Responsibilities

Manage investment execution, fund administration, and NAV validation while ensuring regulatory compliance and accurate financial reporting. Drive operational efficiency through process automation and lead cross-functional stakeholder relationships.