Summary
Impact46 is seeking a Senior Fund Operations professional in Riyadh, Saudi Arabia. The role covers daily fund operations, including processing subscriptions and redemptions, calculating NAV, maintaining investor records, and coordinating settlements with custodians and fund administrators. Responsibilities also include fund financial reporting, fee monitoring, record reconciliation, and regulatory reporting under CMA requirements. Applicants should have a bachelor's degree in Accounting, Finance, or a related field, 2–5 years of relevant experience, knowledge of CMA Investment Funds Regulations, and fluency in Arabic and English.
The posting
As published on impact46.sa. Pulled from the employer's site and shown as they wrote it.
Job Overview
Responsible for executing the day-to-day operational
activities of the company's investment funds, including financial and
accounting monitoring of funds, processing subscription and redemption
transactions, and ensuring the accuracy of operational records and reports in
compliance with Capital Market Authority (CMA) regulations and the funds' terms
and conditions.
Key Responsibilities
Daily Fund Operations
Execute and monitor subscription and redemption transactions
across funds
Calculate Net Asset Value (NAV) periodically and verify its
accuracy
Manage investor records and investment units for each fund
Coordinate with the Custodian and Fund Administrator on
settlements
Accounting & Financial Reporting
Prepare periodic financial statements for funds
(monthly/quarterly/annual)
Monitor calculation of management and performance fees
Ensure fund accounting records reconcile with custodian
records
Compliance & Governance
Ensure operational compliance with fund Terms &
Conditions and CMA Investment Funds Regulations
Prepare reports required by the Capital Market Authority
(CMA) and submit them through approved systems within regulatory deadlines
Maintain documented records of all operational activities
for audit purposes
Internal & External Coordination
Liaise with fund managers and the investment team to ensure
proper execution of operations
Coordinate with external parties (custodian, external
auditor, service providers) to complete operational tasks
Support the Investor Relations team with operational
information as needed
Required Qualifications & Experience
Bachelor's degree in Accounting, Finance, or a related field
2–5 years of experience in fund operations or financial
accounting within an asset management firm
Solid knowledge of the CMA Investment Funds Regulations
Fluency in Arabic and English