- Excellent career progression|Opportunity to join a top-tier Investment Firm
About Our Client
The client, based in Abu Dhabi, is a sovereign wealth fund linked investment companies. They engage in multiple asset classes; Public Equity, Private Equity, Venture Capital, Private Credit and more across multiple sectors regionally and locally.
Job Description
Key Responsibilities:
- Fund Accounting Expertise: Preferred experience in fund accounting or fund administration, with the ability to shadow accounts, assist in developing templates, protocols, and procedures for onboarding new investment managers.
- System Integration: Proficiency in fund accounting systems and the ability to integrate data seamlessly. Familiarity with Investrand is a plus. Collaborate with administrators to ensure smooth data flow.
- Monthly Bookkeeping: Maintain monthly bookkeeping records and produce accurate and timely monthly reports.
- Shadow Accounting: Review and reconcile shadow books with the fund administration records, ensuring data accuracy.
- Financial Statement Validation: Validate financial statements on a quarterly basis to ensure compliance with regulatory requirements.
- NAV Verification: Regularly calculate and verify Net Asset Values (NAV) to ensure accuracy and consistency.
- Ad Hoc Projects: Participate in fund finance projects, especially during onboarding of new investment managers, providing valuable insights and expertise.
- Data Integrity: Recognize the critical importance of data integrity within the Fund Finance department. Understand the role of fund finance data in supporting senior management decision-making.
- Attention to Detail: Pay meticulous attention to detail to maintain the highest level of accuracy in financial data.
- Key Decision Support: Serve as the engine of the company, providing vital data to inform investment decisions, including asset allocation and sector analysis.
- Responsibility and Reliability: Assume a high level of responsibility, as the information you generate will be used by various stakeholders both within and outside the organization.
- Understanding and Appreciation: Recognize the significance of financial data in the fund administration process, even when other parties may not fully appreciate the link.
The Successful Applicant
- Bachelor's degree in Finance, Accounting, or related field.
- 2-4 years experience in fund accounting or fund administration
- Strong knowledge of fund accounting systems and software, with experience in Investrand being a plus.
- Excellent attention to detail and ability to maintain data accuracy.
- Effective communication skills and the ability to collaborate with various teams.
- Proactive problem-solving skills and the ability to handle ad hoc challenges.
- Understanding of the financial services industry, specifically in fund management.
What's on Offer
- Excellent career progression
- Competitive salary & benefits
- Opportunity to join a top SWF backed Investment Firm
Contact: Asma Siddiqui
Quote job ref: JN-092023-6169475
