Fund Accountant Job Vacancy at ARM Life Plc, 28th January, 2019

⏲ Jan 28, 2019, 4:41 PM
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ARM is a leading group of companies situated in Nigeria with branches scattered across the country. ARM Life is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non bank financial services firms in Nigeria with a focus on asset management of quoted equities and fixed income securities. We are recruiting to fill the position below: Job Title: Fund Accountant Location: Lagos, Nigeria Job Summary

To manage the role and operations of the fund account unit, updating and developing accounting concepts in recording business and financial transactions while complying with local and international professional and regulatory requirements

Principal Duties And Responsibilities

Preparation of management information reports on funds’ commitments, contributions and disbursements
Preparation of periodic reports on utilization and expected future cash flows for funds
Client portfolio valuations and management
Any duties or responsibility that may be assigned by the Head, Operations
Administration of cheque payments process- raise payment documents, cover letters and bank transfer letters
Assist in preparation of management accounts for ARM, ARMT & Retail Funds
Liaison with third parties- insurance, auditors, tax officials, bank officials, stock brokers etc
Client transaction review & update on databases- Hiport, Oracle etc
Monitor the business activities of the organization through the maintenance and control of financial records
Administer funds receipt process- generate documents to update databases- Hiport etc .
Review acknowledgement letters and other client correspondence

Daily Activities:

Review of daily stock prices
Review and update of client cash injection and withdrawals
Portfolio loan administration
Administration of savings scheme
Booking of portfolio CP’s
Review of mutual funds pricing
General Relationship Managers’ request (to varied to list)

Requirements

Minimum of 6 years of cognate experience in similar role.
Bachelor Degree from accredited university.
MBA or other advanced degree in finance.
Relevant professional qualifications in finance, and investment management.

Competency and Skills Requirements Required knowledge, skills and abilities:

Issues Management ability
Good telephone manners
Proficiency in the use of Microsoft Word, PowerPoint, Excel and other spreadsheet applications
Knowledge of Asset & Investment Management and the Financial Services Industry at large.
Understanding of stock market operations
Prior Investment Management Operations experience
Sound understanding of trade flows and settlement processes
Previous experience in cash management or stock reconciliation functions
Strong statistics, data analysis and technical skills
Strong experience with automated financial systems, including a general ledger and financial reporting software
Good analytical and problem solving skills