• Application Deadline: Sun, 4 Dec 2022 00:00:00 GMT
• Position: Fund Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

JOB SUMMARY:

Responsible for all aspects of day-to-day accounting for a group of assigned funds including, calculating/ reporting the daily NAV (Net Asset Value) per unit, and compiling standard weekly and/or monthly financial statements, and income and expense accruals.

DUTIES & RESPONSIBILITIES:

• Manage all financial and accounting operations related to the pension funds


• Prepare periodic budgets and financial forecasts and report variances on the pension funds


• Prepare and publish timely monthly financial statements for all pension funds


• Preparation of Management accounts of Pension funds ensuring that relevant accounting standards have been met


• Preparation of monthly returns to pension commission


• Preparation of monthly general ledger reconciliation


• Preparation of weekly and monthly bank reconciliation


• Carrying out daily unitization of funds


• Rendition of Daily and Monthly RMAS to PENCOM


• Additional controller duties as assigned by the Head of Finance Department

QUALIFICATIONS:

• A minimum of first degree or its equivalent in numerate or semi-numerate disciplines such as actuarial sciences, statistics, mathematics, accounting, economics, banking, finance, insurance, and other related courses


• An acceptable professional qualification from any relevant professional organization such as ACCA, ACCA, CFA, will be an added advantage.

EXPERIENCE:

• Minimum of 3 years of cognate experience in Fund Accounting in the pension industry.


• A strong technical accounting background, with financial reporting experience in IFRS

TECHNICAL SKILLS:

• Strong knowledge about the multi-fund structure and account management in each fund


• Strong financial modelling and excel skills


• Financial Management


• Provision of strong financial control and stewardship over finance operations

BEHAVIOURAL SKILLS:

• Interpersonal skills


• Excellent oral and written communication skills; ability to put complex financial issues into layman’s terms for non-specialist audiences, including senior managers


• Capacity to form and maintain good working relationships with a wide network of internal and external stakeholders