Senior Investment Fund Operations

Jabal Asset Management; Muscat; On-site; OMR 18,000 - 32,000; Full time

Job summary

Jabal Asset Management seeks an experienced Senior Investment Fund Operations to support end-to-end administration and accounting of investment funds including mutual funds, private equity, and venture capital.

The role covers NAV supervision, fund accounting, cash management, subscriptions, redemptions, regulatory disclosures, and coordination with auditors and custodians within Oman’s capital-market framework.

Qualifications

• Bachelor in Business Administration, Finance, Accounting or related field.
• 5+ years of relevant experience spanning fund operation and capital markets.
• Strong numerical and reporting skills.
• Exposure to AML/CFT policies and market regulations.

Responsibilities

• Set up and administer new fund structures, coordinating with regulators and stakeholders.
• Oversee NAV calculation and fund accounting to ensure IFRS compliance.
• Manage cash, bank reconciliations, subscriptions and redemptions.
• Coordinate audits, custody liaison, and regulatory disclosures.
• Ensure MSX filings and daily fund operations are accurate and timely.
• Respond to investor inquiries and maintain unitholder records.

Skills

Numerical skills

Attention to detail

Communication

Teamwork

Problem solving

Time management

Education

Bachelor in Business Administration

Job description

Role Purpose:

Jabal Asset Management is seeking an experienced Senior Investment Fund Operations to support the end-to-end administration and accounting of investment funds across mutual funds, private equity, venture capital, and other alternative investment structures.

The position will manage core fund operations, including NAV calculation, fund accounting, cash management, bank reconciliation, subscriptions and redemptions, regulatory disclosures, audit and custodian coordination, and new fund launches. This opportunity is suited to a detail-oriented fund operations professional with strong technical knowledge and practical exposure to Oman’s capital-market environment.

Key Responsibilities:

Fund Setup & Structure Administration

• Fund Launch Coordination: Support the setup and coordination of new fund launches, including communication with government entities, stakeholders, and related parties under the firm's own issuer manager license.
• End-to-End Administration: Coordinate the end-to-end administration of complex fund structures, including private equity and mutual funds.

Accounting, Cash Management & NAV Operations

• Transaction Recording: Help record and maintain accurate fund accounting entries and transactions within the internal systems.
• Cash Management: Handle cash management functions, including opening bank accounts, processing operational/investment payments, and reviewing daily bank reconciliations.
• Operational Reporting: Support generating operational and financial reports as required by the business team, unit head, or head of operations.
• NAV Supervision & Calculation: Calculate and supervise the fund’s Net Asset Valuation (NAV) on a daily, weekly, monthly, quarterly, or annual basis accurately and in full compliance with International Financial Reporting Standards (IFRS).

• Stakeholder Oversight, Disclosures & Subscriptions
• Audit & Custody Liaison: Follow up regularly with auditors and custodians to ensure smooth reporting and operational compliance.
• MSX & Daily Activity Filings: Follow up with fund administration regarding the upload of financial statements and regulatory disclosures on the Muscat Stock Exchange (MSX) website, as well as daily fund operational activities.
• Subscription & Redemption Processing: Send and follow up with fund administration regarding the processing of investor subscription and redemption applications.
• Media Publications: Support extending financial statements to newspapers for public dissemination as required by local market regulations.

Investor & Unitholder Management

• Fund Inquiries: Respond promptly and accurately to inquiries related to the fund.
• Unitholder Registry: Support the maintenance of a consolidated, accurate database of fund unitholders.
• Launch Operational Support: Support ongoing new fund launch activities, maintaining clear communication with relevant external and internal entities.

Compliance, AML & Market Integrity

• Regulatory Compliance: Ensure strict adherence to Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) policies and procedures.
• Market Ethics: Prevent any potential market abuse situations and consistently adhere to the employee Code of Conduct handbook.

Key Skills:

• Good Numerical Skills
• Attention to detail
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Strong problem-solving skills.
• Time management and organizational skills.

Qualifications & Experience:

• Bachelor in Business Administration, Finance, Accounting or any related field.
• 5+ years of relevant experience - spanning fund operation, capital market