Fund Accountant
BlueFiveSidra
Job Overview
Location
Riyadh, Riyadh Province, Saudi Arabia
Employment Type
Full-time
Work Arrangement
On-site
Sector
Finance & Banking
Experience Level
Mid-level (3-5 years)
Application Deadline
July 31, 2026
About the Company
Job Description
BlueFiveSidra is seeking a highly skilled and dedicated Fund Accountant to join our dynamic team. In this critical role, you will be instrumental in supporting our investment operations, ensuring meticulous execution, robust regulatory compliance, and optimal operational efficiency across our funds.
You will play a key part in driving continuous process improvement initiatives, cultivating strong cross-functional stakeholder relationships, and actively contributing to the development of team capabilities. Your efforts will directly support the division's financial and strategic objectives, contributing to the firm's sustained success in the asset management sector.
To apply for this role, click the Apply button on this page and follow the instructions.
Required Skills
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 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.
How to Apply
Join Our Communities
The asset management sector in Saudi Arabia is experiencing robust growth, driven by Vision 2030 initiatives and increasing foreign investment in Shari'ah-compliant financial products. This pivotal Fund Accountant role supports critical investment operations, ensuring precision in financial execution and adherence to stringent regulatory compliance. You will drive process improvements, manage complex cross-functional stakeholder relationships, and enhance team capabilities. This position directly impacts the division's financial integrity and strategic objectives, contributing to the firm's robust ROI through meticulous NAV reconciliation, efficient VAT optimization, and comprehensive financial reporting. Expertise in investment accounting software and regulatory analysis is key to maintaining operational efficiency and supporting significant organizational growth within a dynamic financial landscape.
Posted Date
July 17, 2026
Chief Accountant
Estithmar Holding Q.P.S.C
Finance Manager
INDEX Holding
PROFESSIONAL ACCOUNTANT
Confidential Employer
Account Officer
Confidential Employer
Junior Accountant
Pixelpulse Viralchemy International Limited
Accounts Payable Specialist
MediaRadar
Accountant
Bayut | dubizzle
Junior Accountant
InnovationTeam
Accounts Payable Manager
Sobha Constructions
Accountant
Confidential Employer