Fund Accountant

Location Dubai
Discipline: Commodities
Job type: Permanent
Contact name: Freddie Ricks

Contact email: freddie.ricks@venturesearch.com
Job ref: 2636
Published: 4 months ago

The Fund Accountant will play a critical role in ensuring accurate and timely financial reporting and accounting for our commodities hedge fund. The ideal candidate will have a strong background in fund accounting, excellent attention to detail, and the ability to manage multiple tasks and deadlines in a fast-paced environment.


Key Responsibilities:

  • Accounting & Reporting: Maintain and update the fund’s accounting records, including daily, weekly, and monthly reconciliations of trading activity and cash balances. Prepare and review financial statements, performance reports, and investor reports.
  • Trade Processing: Ensure accurate recording of trade transactions, including derivatives, futures, and spot contracts. Monitor trade confirmations and resolve any discrepancies.
  • NAV Calculation: Calculate Net Asset Value (NAV) of the fund on a daily, weekly, or monthly basis. Ensure that NAV calculations are accurate and compliant with relevant accounting standards and regulations.
  • Compliance & Controls: Implement and maintain internal controls to ensure compliance with regulatory requirements and internal policies. Support audits and provide necessary documentation and explanations.
  • Investor Relations: Assist with investor reporting, including preparing investor statements and responding to investor inquiries regarding fund performance and financials.
  • Financial Analysis: Conduct financial analysis to support fund management decisions. Provide insights into fund performance and operational efficiency.
  • Process Improvement: Identify and implement improvements to accounting processes and systems to enhance accuracy, efficiency, and reporting capabilities.
  • Coordination: Liaise with external service providers, such as custodians, auditors, and administrators, to ensure smooth operations and resolution of any issues.