Assistant Fund Accountant prepares portfolio valuations and reconciles fund accounts, requires a Finance/Accounting Degree, CPA(K)/ACCA, and 2+ years fund accounting experience.
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
2 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
