Fund Administrator

Flynn and Chase; Dubai; On-site; AED 300,000 - 540,000; Full time

Job summary

Flynn and Chase is seeking a funds accounting professional to act as the operational backbone for two investment vehicles. The role involves running fund accounting, coordinating with an outsourced administrator and ensuring accurate investor reporting.

You will own the NAV process, capital calls, distributions and waterfalls, while maintaining compliance with KYC/AML standards. This is a senior, hands-on role with direct interaction with investors and auditors.

Qualifications

• 3–5 years in fund administration or fund accounting for private funds.
• VC/PE fund experience is essential.
• Experience with capital calls, distributions, waterfalls and carry.
• Qualified or part-qualified accountant (ACCA/ACA/CPA/CIMA).
• Calm under reporting deadlines and direct dialogue with investors/auditors.

Responsibilities

• Run fund accounting and administration across two vehicles in partnership with the administrator.
• Manage drawdowns, capital calls, distributions and investor notices end to end.
• Prepare quarterly and annual NAVs with valuation input on portfolio holdings.
• Build investor reporting packs and capital account statements.
• Calculate management fees, expense allocations, distribution waterfalls and carried interest.
• Own the audit process and draft statutory accounts.
• Handle regulatory filings plus investor onboarding, KYC and AML.
• Oversee treasury, banking, payments and cash planning across fund entities.
• Support live transactions on funds flow, closing mechanics and post-completion work.

Skills

Fund accounting

VC/PE experience

Capital calls and distributions

Carry and LP capital accounts

Education

ACCA/ACA/CIMA/CPA qualification

Job description

This is one of the region's earliest venture franchises, set up more than ten years ago and still run by the same founding team. It writes seed and Series A cheques into founder-led technology businesses across the Gulf. Capital sits in two separate vehicles - a traditional closed-end fund alongside an evergreen structure that lets the team stay in its best companies indefinitely and re-invest behind founders they already know. The results speak for themselves. Well over a hundred companies backed, several that went on to become billion-dollar businesses, a public listing and close to twenty trade sales. Several of the household-name technology companies in the Middle East today had this firm on the cap table at seed.

The finance function is small and senior. Whoever takes this seat becomes the operational backbone of both vehicles rather than one contributor among many.

Why this seat is worth a conversation

Two structures, two sets of mechanics — closed-end and evergreen — which is far broader technical exposure than most roles at this level offer You report into finance leadership directly and sit close to the investment team Regular contact with limited partners, auditors, counsel and the administrator from week one A portfolio with real realisations behind it, so distributions, waterfalls and carry are live work rather than theory Genuine licence to redesign process and reporting infrastructure as the evergreen vehicle grows

The work

• Running fund accounting and administration across both vehicles, in partnership with the outsourced administrator
• Managing drawdowns, capital calls, distributions and all investor notices end to end
• Preparing quarterly and annual NAVs, with valuation and fair-value input on portfolio holdings
• Building investor reporting packs and capital account statements, and fielding LP questions
• Calculating management fees, expense allocations, distribution waterfalls and carried interest
• Owning the audit process and drafting statutory accounts
• Handling regulatory filings plus investor onboarding, KYC and AMLOverseeing treasury, banking, payments and cash planning across fund and Man Co entities
• Supporting live transactions on funds flow, closing mechanics and post-completion entity work

Background required

• Three to five years in fund administration or fund accounting, either in-house with a manager or on the service side at an administrator, audit firm or Big Four private funds team
• Venture capital or private equity fund experience is essential; closed-end structures non-negotiable, evergreen or open-ended a clear advantage
• Confident with capital calls, distributions, waterfall models, carry and LP capital accounts
• Qualified or part-qualified accountant preferred — ACCA, ACA, CPA or CIMASuited to a lean environment where you own the process end to end rather than executing someone else's
• Accurate, calm against reporting deadlines, and credible in direct dialogue with investors and auditors