Fund Accounting Supervisor

Job description / Role

Candidates from a FUND ACCOUNTING background should apply.

Reporting to the Finance Director, this is a broad role managing the financial operations of the fund. You will manage the daily fund investment and operational transactions, you will carry out daily treasury activities and undertake compliance and regulatory filings. You will assist in the annual budgeting and planning exercise, and quarterly cash forecasting. You will support management/shareholder reporting and Investment performance reporting. You will be responsible for developing and documenting key operational financial controls and processes and assist in the implementation of an Investment management system.
Responsibilities

Fund operations
• Manage the daily investment and operational transactions of the fund
• Manage fund expenses
• Manage and oversee the daily accounting and bookkeeping of the fund, ensuring accurate and timely month end close process
• Oversee bank reconciliations

Treasury
• Day to day point of contact with banks and asset managers to ensure a smooth transaction process and cash management
• Effect treasury transactions e.g. fixed deposits, fx, forwards, treasury investments

Annual budgeting
• Assist in the annual budget process
• Assist in quarterly forecasting process

Compliance/Regulation
• Day to day point of contact with external/internal auditors,
• Prepare fund filings
• Prepare management accounts
• Prepare VAT reporting
• Prepare financial statement

Reporting
• Assist in preparing shareholder, management & board reports for fund and subsidiary companies
• Assist in preparing materials for Investment & KPI reviews

Systems, Operations & Controls
• Develop & Maintain sound financial controls and processes supporting daily financial operations
• Assist in the implementation of Investment management system

Salary:
AED 40000 per month inclusive of fixed allowances.

Requirements

• Dynamic, personable individual who is keen to get involved.
• Good time management skills and used to working to tight deadlines
• Prior experience of working in an investment fund with regulatory reporting requirements (e.g. DFIC, ADGM)
• In depth experience and knowledge of ERP system e.g. Oracle or similar system
• Advanced excel skills
• Professional accounting qualification (ACA/ACCA/CMA/CPA) with a minimum of 2 – 5 years post qualified experience.
• Excellent written and spoken English.

Desirable:
• Big 4 experience,
• Management reporting experience,
• knowledge/application of investment performance metrics,
• Treasury experience

Thank you for your interest. All applications are viewed and evaluated according to the role requirements. We aim to contact shortlisted candidates within 2 weeks. As we often receive a high volume of applications, we are unable to reply to everyone. If you have not heard back from us within 2 weeks, please consider your application unsuccessful. (

About the Company

Inspire Selection is an award winning recruitment agency, headquartered in Dubai which recruits across the Middle East region. We employ highly knowledgeable, professional consultants who are experts in connecting the right people with the right opportunities. Our reputation has been built upon our honesty, integrity and our ability to source candidates of the highest calibre right across our specialist sectors. As a result, we are recruitment partners to a wide spectrum of organisations - from leading blue chip companies to smaller, local businesses. Sectors we cover include HR, Administration, Finance & Accounting, Legal, Sales & Marketing including Digital Marketing, IT, Oil/Gas/Energy, Engineering, Procurement, Manufacturing, Higher Education.