Fund Accountant📣 إعلان

About the Fund Accountant Role

BlueFiveSidra (Sidra Capital), a Shariah-compliant asset management firm based in Jeddah, Makkah, Saudi Arabia, is seeking a dedicated Fund Accountant. This full-time position requires 5-10 years of relevant experience and is central to supporting investment operations, reporting, and fund administration within the firm.

Purpose of the Role

The Fund Accountant plays a critical role in ensuring accurate execution, regulatory compliance, and operational efficiency across investment activities. This involves driving process improvement initiatives, effectively managing relationships with cross-functional stakeholders, and contributing to the development of team capabilities to meet the division's financial and strategic objectives.

Key Responsibilities

• Manage the 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 the 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.

About BlueFiveSidra (Sidra Capital)

BlueFiveSidra (Sidra Capital) is a Shariah-compliant asset management firm headquartered in Jeddah, Saudi Arabia, licensed by the Capital Market Authority (CMA). The firm specializes in delivering innovative investment solutions aligned with Islamic finance principles, serving institutional and individual investors across the Kingdom.

Required Experience

• A minimum of 5 to 10 years of experience in a relevant fund accounting or financial operations role.

Work Environment and Values

BlueFiveSidra (Sidra Capital) adheres to Saudi Arabia labor laws and is committed to providing equal opportunities for all candidates, including individuals with disabilities. The firm fosters an inclusive work environment where every team member is respected, supported, and empowered to contribute to collective success.