Responsible for supporting fund accounting activities, preparing financial records, reconciling accounts, processing transactions, and assisting with financial reporting. Requires a relevant qualification in accounting, finance, business, or a related field. The position is based in Nairobi and requires on-site work.
About the Role
Reporting to Assistant Manager – Client Relations, the Fund Accountant will be responsible for providing quarterly management and annual audited financial statements in line with SLAs and to meet statutory requirements in order to drive client satisfaction and enhance service delivery.
Key
Responsibilities
- Preparation
and presentation of pension funds management accounts, budget, cashflow
statement and annual audited financial statement to trustees. as per RBA
and International Financial Reporting Standards (IFRS).
- Handle
an assigned client portfolio of investment
- Assessment,
computations and payments of quarterly and annual income tax and annual
RBA levies. Payment of income tax and RBA levies to the relevant bodies as
per statutory requirements.
- Analyze
and capture data received from the fund managers and custodians monthly.
- Monthly
reconciliation of the members dealing in the pension system
- Prepare
cash book and bank reconciliation monthly.
- Filling
of Investment returns for guaranteed fund schemes
- Preparing
Scheme financial statements and filing Scheme audited accounts with RBA.
- Guaranteed
fund bank statement reconciliation and receipting of contributions &
transfers
- Analysis
and processing pension benefits, expenses and service providers fees
- Assist
in training interns.
Client Service
- Participate
in client AGMs through proper preparations and response to member queries.
- Proactively
foster cordial working relations with all stakeholders to enhance client
satisfaction and service delivery.
Operational Efficiency
- Adhere
to all SLAs and working standards to ensure legal and regulatory
requirements.
- Real
time reporting of system bugs and downtimes for speedy resolutions.
- 100%
compliance to Accounting reporting standards.
Qualifications
Essential
Knowledge/Skills and Experience Required:
- Bachelor’s
degree in a Business-related field or Actuarial
- Professional
qualification in / CPA K / ACCA Level 2
- 3
Years’ experience in fund accounting/pension industry
- Awareness
of RBA, ICPAK and KRA requirements
- Good
knowledge of an accounting system
- Analytical
and organizational skills
- Accounting
- Able
to work to a high level of accuracy
- Good
communication skills
