Job Description
Purpose of the role
Manage the Investment Division’s own financial operations: budget management, expense tracking, fee reconciliation across all external managers and custodians, NAV reconciliation for fund investments, and financial reporting to the Group finance department. Also serve as the division’s Addepar operations analyst, managing daily reconciliation workflows.
Key responsibilities
- Manage the Investment Division’s annual budget (SAR 5.87M): track actual spend vs budget by category, prepare monthly management accounts for the CEO/CIO.
- Reconcile external manager and custodian fees quarterly: compare actual fee debits against contracted fee schedules in IMAs, flag overcharges, and pursue recoveries.
- Manage daily Addepar reconciliation: review the exception queue, investigate and resolve breaks with custodians, process alternative fund document updates (from Canoe), and maintain data q...