Job Title: Performance Accountant

The performance accountant will assist in reviewing and reporting a large number of managed investments for one of Saudi Arabia’s premier insurance companies based in Riyadh. This Chartered Accountant role in Riyadh deals with the actual managed investments directly and interfaces with third-party managers. The incumbent must have a strong accounting, finance, and investment analysis background and aim at presenting clear and descriptive performance metrics.

This Chartered Accountant role in Riyadh provides an interesting challenge in helping ensure success with an active and growing portfolio of investments.

Key Responsibilities:

Data Collection and Organization:

Collect financial information from different investment portfolios accurately and in full.
Maintain and organize databases to enable proper analysis and reporting.

Performance Analysis:

Compare actual performance with estimates and benchmarks using the most recent financial tools and techniques.
Identify trends, risks, and opportunities in investment portfolios.
Compare actual performance with estimates and benchmarks.

Metrics:

Compute key performance indicators (KPIs) like ROI, IRR, and other key metrics.
Ensure that calculations adhere to industry requirements and company regulations.

Reporting and Communication:

Compile detailed performance reports for internal and external stakeholders.
Present results to the manager and investment team in a clear, concise manner.
Collaborate with team members to resolve inconsistencies or discrepancies in data.

Team Collaboration:

Cooperate with an investment professional team to achieve collective objectives.
Assist the manager in making strategic decisions through timely and accurate information.
Help develop best practices in performance measurement and reporting.

Compliance and quality assurance:

Make sure all reports and processes comply with regulations and company standards.
Regularly check performance data to verify accuracy and integrity.

Qualifications:

Education and Certification:

Chartered Accountant (CA) certification from a recognized body.
Certification like CFA or CPA as an added value.

Location:

Riyadh, Saudi Arabia

Experience:

At least 5 years of experience in accounting, finance, or investment analysis.
Prior experience in asset management or fund management is greatly advantageous.
Prior experience with different investment portfolios is desirable.

Qualifications:

High analytical and problem-solving capability.
Good knowledge of financial modeling and data analysis packages.
High communication and presentation skills.
High teamwork capability.

Language Skills:

English fluency is required since work is always done in English.
Bilingual skills (English and Arabic) are desirable.

Other Requirements

Willingness to work in Riyadh, Saudi Arabia, if not already residing there.
Flexibility to accommodate a fast-paced and dynamic working environment.
Good time management and organizational skills.

Work Environment:

The job is based in Riyadh, Saudi Arabia, and is working as a member of a bilingual team.
The staff consists of investment professionals who collaborate to meet organizational objectives.
Professional, respectful, and high-quality, product-oriented work environment.

Why join us?

The chance to work and contribute to the development of a top Saudi insurance company.
Greater access to a wide range of investments and asset classes.
Positive team environment.
Competitive compensation and benefits program.

How to Apply:

If you are interested and qualified, we invite you to apply. Kindly submit your resume, cover letter, and accompanying certificates.
This position is most appropriate for a detail-driven and analytical expert who is devoted to investment performance and willing to contribute significantly to a vibrant organization. Join and be part of an organization dedicated to excellence, innovation, and teamwork.

Frequently Asked Questions (FAQs)

Q. What are the key duties of a performance accountant in this position?

A performance accountant interprets investment performance, calculates data, prepares reports, and facilitates decision-making for a diversified portfolio.

Q. What qualifications are required for this position?

Ideally, a qualified Chartered Accountant (CA) with 5+ years of experience in fund or asset management is required.

Q. Is it necessary to relocate to Riyadh for this position?

Yes, this is a Riyadh, Saudi Arabia, office-based job with relocation or local residency.

Q. What skills are required to progress in this job?

Financial analysis, data interpretation, reporting, attention to detail, problem-solving, and teamwork skills are required.

Q. Why is this job different from other accounting jobs?

This job combines integrated accounting skills with investment analysis in a fast-paced, bilingual environment, giving a challenging and rewarding career in finance.

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