Fund/Management Accountant

Job Description

A growing Asset Management Company focused on delivering superior investment performance and tailored solutions to our clients. We are seeking a dynamic and experienced Fund/Management  Accountant to join our team. The Fund/Management Accountant is responsible for the accurate accounting, valuation, reporting, and financial control of all funds and portfolios under management. The role ensures regulatory compliance, timely NAV computation, proper custody and settlement processes, and robust internal controls in line with SEC Nigeria Rules, ISA 2025, IFRS, and internal policies. 

Salary: ₦2,000,000 – ₦3,000,000 Net (Negotiable)
Age: 30-40 years

Key Responsibilities

1. Fund Accounting & NAV Computation

• Prepare daily, weekly, or periodic NAV for mutual funds, discretionary portfolios, and other managed schemes.
• Ensure accurate valuation of assets, including equities, fixed income, money market instruments, and alternative assets.
• Reconcile portfolio positions, cash balances, and transactions with custodians, brokers, and registrars.
• Maintain the general ledger for each fund and ensure proper classification of income, expenses, and accruals.
• Monitor unit pricing, subscription/redemption processing, and ensure correct application of fees.

2. Financial Reporting & Regulatory Compliance

• Prepare monthly, quarterly, and annual financial statements for funds in line with IFRS and SEC requirements.
• Support external audits, SEC examinations, and custodian reviews.
• Ensure compliance with ISA 2025, SEC Rules, NFIU AML/CFT obligations, and internal finance policies.
• File statutory returns including AQR, daily, weekly, quarterly fund reports, audited accounts and other SEC‑mandated submissions.
• Maintain documentation for KYC, AML/CFT, and transaction monitoring for fund inflows/outflows.
  

3. Treasury & Cash Management

• Monitor fund liquidity, cash positions, and settlement obligations.
• Manage payment processing, vendor settlements, and fund‑related expenses.
• Liaise with banks, custodians, and brokers to ensure timely settlement of trades.

4. Management Accounting & Internal Reporting

• Prepare management accounts, variance analysis, and performance dashboards for internal decision‑making.
• Support budgeting, forecasting, and cost‑control initiatives.
• Provide financial insights on fund performance, fee income, profitability, and operational efficiency.

5. Internal Controls & Risk Management

• Implement strong financial controls, including segregation of duties, approval workflows, and reconciliations.
• Identify and escalate operational, liquidity, valuation, and compliance risks.
• Support enterprise risk management (ERM) reporting and internal audit reviews.