Manager - Fund Operations

Dubai Holding; Dubai; On-site; AED 60,000 - 120,000; Full time

Job summary

A prominent investment company in Dubai seeks a Manager for Fund Operations. This role involves overseeing capital activity, managing data and reporting, and ensuring compliance with operational due diligence. Candidates should have a degree in finance or accounting and at least 4 years of relevant experience in fund operations. This position offers a challenging and rewarding work environment.

Qualifications

• Minimum 4 years of relevant experience in fund operations or administration.
• Proficient in auditing, tax, and compliance support.

Responsibilities

• Track and process capital calls, distributions, and subscriptions across funds.
• Maintain and update fund performance databases.
• Support annual fund audits and tax filings.

Skills

Fund operations expertise

Data management

Strong understanding of fund structures

Education

Degree in accounting, finance, or related discipline

Tools

Excel

Job description

Established in 2004, Dubai Holding is a global investment company with investments in more than 34 countries and a combined workforce of nearly 45,000 individuals. In line with the vision of Dubai’s leadership and economic diversification strategy, Dubai Holding companies have nurtured sectors, irrevocably transforming Dubai’s socio-economic landscape and positioning Dubai as a diversified, globally integrated economy.

Dubai Holding is committed to the diversification of Dubai’s non-oil economy. Our portfolio, valued at over AED 284+ billion, spans 10 sectors, including real estate, hospitality, leisure & entertainment, ICT, design, education, media, retail, manufacturing & logistics, and science.

For the Good of Tomorrow

Dubai Holding is looking to hire a Manager – Fund Operations, reporting to the Senior Executive Director – Funds,at the Dubai Holding Investments office. The job holder will be responsible to support the operational and administrative activities of our Funds platform. The role holder will be exposed to a wide array of investment strategies, including private equity funds, private credit funds and hedge funds. The role holder is expected to drive strong coordination with internal teams and external service providers while being detail-oriented and proactive.

If you are ready to embark on a dynamic journey where your talents are valued, and your contributions make a real impact, we would like to hear from you.

Key Accountabilities:

Capital Activity Oversight

• Track and process capital calls, distributions, redemptions, and subscriptions across multiple underlying funds
• Maintain accurate records of investment commitments, funding status, and liquidity schedules
• Reconcile cash flows and maintain internal capital account models

Data & Reporting Management

• Maintain and update fund performance, exposure, and liquidity tracking databases
• Support quarterly reports, factsheets, and audit requests
• Ensure timely delivery of reports to internal stakeholders

Operational Due Diligence Support

• Review ODD reports provided by third party and provide feedback
• Coordinate document collection and data entry for new fund investments
• Maintain operational due diligence tracking tools
• Interface with third-party ODD providers as needed

Trade & Settlement Oversight

• Track and Monitor subscription/redemption timelines and ensure timely settlement
• Liaise with custodians and fund administrators to ensure accurate and timely transaction processing

Audit, Tax & Compliance Support

• Provide data and support for annual fund audits and tax filings
• Maintain proper documentation and internal controls

Fund Reporting Overview

• Coordinate with fund administrators to review and understand monthly/quarterly NAVs reporting
• Maintain knowledge of NAV components, including management and performance fees from underlying managers and flag anomalies
• Support reconciliation between fund administrator-reported data and internal investment records or models

Process & System Management

• Design and improve operational workflows and controls to enhance efficiency and reduce risk
• Lead initiatives for systems automation, data integration, and dashboard/reporting improvements
• Maintain internal capital tracking models, waterfall calculations, and exposure monitoring tools

Who we are looking for:

• Minimum 4 years of relevant experience in fund operations or administration — ideally within a fund of funds or multi-manager platform

Education / Professional Certifications:

• Degree in accounting, finance, or related discipline from a recognized university

Technical Competencies:

• Strong understanding of fund structures (LP/LLC), capital calls, and waterfall mechanics
• Proficient in Excel and data management

Behavioral Competencies:

• Strategic Thinking
• Delivering Excellence
• High Performance Teamwork and Cooperation

As much as we would be delighted to entertain all applicants, due to the high volumes of applications, only successful applicants will be contacted within 14 business days.

This job description is not all inclusive. Dubai Holding reserves the right to amend this job description at any time. Dubai Holding is an Equal Opportunity Employer, committed to a diverse and inclusive work environment.