Manager, Asset Management

-Vision InvestRiyadh, Saudi ArabiaSave

Posted 1 day ago Permanent Competitive
- Manager, Asset Management

**About Vision Invest**
- Our Shareholders, Al Muhaidib Group and Abunayyan Holding founded ACWA Holding in 2002 to spearhead public-private partnerships in the Kingdom of Saudi Arabia in the utility sector by founding ACWA Power. In 2018, we rebranded **Vision Invest** to align our mandate with Vision 2023. Our journey has taken us beyond the borders of the Kingdom of Saudi Arabia, extending across the GCC and beyond.
- Our DNA remains that of a boutique investment house, built on core values of talent as our true equity, trust through strong governance, delivering stakeholder value with focus, driving innovation, and upholding credibility as our most valuable currency.

**Team Member Value Proposition**
- **Culture**: a strategic pillar for Vision Invest and the essence of our shared DNA - it is this all-encompassing culture that makes us excited to show up at work every morning.
- **Vision**: Investing for lasting impact - driven by innovation and sustainability, we strive to add long-term tangible value and make a positive impact to the communities we are invested in
- **Team**: You collaborate with and learn from top global talent. Enabled by an integrated value chain, we bring out the best in each other and work together to achieve our vision.
- **Empowerment**: You are empowered to define and lead initiatives, with freedom to explore, create, and innovate. We celebrate curiosity and creativity, encouraging every team member to excel beyond their expectations.
- **Growth**: Join us in a constructively challenging, high-performance environment where personal growth and professional development are encouraged and accelerated.

**Role Purpose and Summary**
- Support the financial operations at Vision Invest and its portfolio companies by managing key financial activities such as financial reporting, accounting, treasury, and compliance, while ensuring adherence to organizational policies and regulatory requirements

**Experience**
- 6-8 years of relevant professional experience in finance with a minimum of 2 years in managerial capacity at a medium / large organization; Experience working in KSA / Middle East is preferred

**Qualifications**
- Bachelor's degree in Finance, Business Administration, Economics or equivalent; Master's degree is a plus
- Certification in investment management field (e.g., Certified Portfolio Manager, Chartered Financial Analyst) is desirable

**Key Responsibilities: Role Specific Technical Responsibilities**
- **Financial Management & Control**:

- Support the preparation and implementation of financial strategies aligned with Vision Invest's investment objectives and operational needs
- Support group reporting activities, including the preparation and consolidation of financial statements for Vision Invest and its subsidiaries in compliance with applicable laws and standards working closely with the Group Reporting team
- Conduct financial analysis and support due diligence processes for potential investments, providing input on risk and return profiles
- Maintain and update the chart of accounts, ensuring accurate classification and management of financial data
- Address and resolve consolidation issues in collaboration with relevant teams and external stakeholders
- Coordinate with external auditors to facilitate the timely completion of audits for Vision Invest and group companies
- Manage day-to-day treasury functions, including bank account maintenance, bank guarantees, and short-term deposits
- **Budgeting and Financial Oversight**:

- Assist in the preparation and monitoring of Vision Invest's annual budget, ensuring alignment with financial goals
- Oversee the monthly closing of accounts and the preparation of financial statements, ensuring accuracy and timeliness
- Review and process payments, payroll, and transfers, ensuring compliance with policies and schedules
- Monitor cash flow forecasts and maintain oversight of Vision Invest's cash position to ensure liquidity
- **Compliance and Process Improvement**:

- Ensure adherence to financial regulations, internal controls, and organizational policies in all financial operations
- Provide support for audit documentation, ERP enhancements, and process improvements to optimize financial operations
- Collaborate with cross-functional teams to address financial data requests and develop reports on balance sheets and P&L items as required
- **Stakeholder Collaboration**:

- Work closely with the VP, Finance, and other senior leaders to provide insights and recommendations for financial decision-making
- Support portfolio companies in improving their financial operations and ensuring alignment with Vision Invest's standards
- Build and maintain relationships with banking partners, external auditors, and other financial stakeholders

Job ID TMQnR00gAwSZ