Fund Accountant at Radix Pension Managers Limited

Radix Pension Managers is a licensed Pension Fund Administrator ("PFA”) by the National Pension Commission ("PenCom”). On February 15, 2017, Radix Capital Partners Limited, a Securities and Exchange Commission (SEC) licensed investment banking firm acquired majority share interest in IGI Pension Managers Limited, a company previously owned by IGI Plc. Further to this acquisition, a new Board of Directors and executive management team was constituted to lead the company.

We are recruiting to fill the position below:

Job Title: Fund Accountant

Location: Victoria Island, Lagos
Employment Type: Full-time
Department: Finance
Supervisor/Manager: Head, Finance
Working Relationships: Operations & Investment Departments

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 or 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 cognate experience 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.

Application Closing Date
2nd December, 2022.