Accountant - Fund Accounting & NAV Production

Role: Accountant - Fund Accounting \& NAV Production

Location: Dubai, UAE

Type: Fulltime

Salary: 8000 AED to 10000 AED / Month

Fund Accounting \& NAV Production

• End-to-End NAV Management: Oversee daily/weekly NAV production, including security pricing, expense accruals, and income recognition.
• Shadow Accounting \& Verification: Maintain an independent, mirror set of books to verify and reconcile reports provided by Third-Party Administrators (TPA) and Custodians.
• Portfolio Reconciliation: Conduct daily three-way reconciliations between internal fund records, global/Indian custodian reports, and broker trade confirmations.
• Corporate Action Management: Record and reconcile corporate actions (e.g., dividends, bonus issues, buybacks) to ensure accurate valuation and timely cash flow.
• Subscription \& Redemption Processing: Calculate unit issuance for new subscriptions and determine precise "exit values" (net of taxes and fees) for redemptions.

Fee Structures \& Taxation

• Complex Waterfall Calculations: Manage performance fee (carried interest) and management fee calculations across diverse investor tiers and share classes.
• Tax Provisioning: Accurately provision for Indian Short-Term (STCG) and Long-Term (LTCG) capital gains, ensuring tax impacts are seamlessly integrated into the NAV.

Treasury \& Liquidity Management

• Global Liquidity Oversight: Manage daily cash flow, liquidity planning, and short-term deployments across multiple entities and currencies (INR, USD, etc.).
• Cross-Border Operations: Coordinate with banking partners and administrators for FX hedging, payment settlements, and treasury operations across India, UAE, and Mauritius.

Reporting \& Stakeholder Relations

• Investor Reporting: Prepare detailed investor statements, Fact Sheets, and "look-through" reports for beneficial owners.
• Technical Query Resolution: Act as the primary technical point of contact for investors, auditors, and tax advisors regarding portfolio valuations and holdings.

Compliance, Risk \& Control

• Regulatory Oversight: Ensure compliance and control in partnership with administrators, custodians, auditors, and regional regulators.
• Risk Frameworks: Strengthen internal controls and risk management frameworks to safeguard fund assets and ensure clean audit outcomes.

Technology \& Digital Transformation:

Systems Implementation: Act as the functional member for the development and rollout of proprietary technology for Trade Confirmation, Automated Accounting Entries, and Client Reporting.

Process Automation: Partner with the tech team to translate complex fund accounting logic (waterfalls, tax provisions) into automated workflows to reduce manual error.

Data Integrity: Ensure seamless data flow between the trading desk, accounting systems, and final investor reporting outputs.