Team Member, Fund Accounts at Asset & Resource Management Holding Company

Asset & Resource Management Holding Company – Established in 1994 as an asset management firm, ARM offers wealth creation opportunities through a unique blend of traditional asset management and alternative investment services. We enable businesses to thrive, and help our clients to maximize their returns and realise their most important goals.

We are recruiting to fill the position below:

Job Title: Team Member, Fund Accounts

Location: Ikoyi, Lagos

Description

To manage the role and operations of the fund account unit, updating and developing accounting concepts in recording business and financial transactions while complying with local and international professional and regulatory requirements

Principal Duties and Responsibilities

Administration of cheque payments process- raise payment documents, cover letters and bank transfer letters
Assist in preparation of management accounts for ARM, ARMT & Retail Funds
Liaison with third parties- insurance, auditors, tax officials, bank officials, stock brokers etc
Client transaction review & update on databases- Hiport, Oracle etc
Monitor the business activities of the organization through the maintenance and control of financial records
Administer funds receipt process- generate documents to update databases- Hiport etc .
Review acknowledgement letters and other client correspondence
Preparation of management information reports on funds’ commitments, contributions and disbursements
Preparation of periodic reports on utilization and expected future cash flows for funds
Client portfolio valuations and management
Any duties or responsibility that may be assigned by the Head, Operations.

Daily Activities

Review of daily stock prices
Review and update of client cash injection and withdrawals
Portfolio loan administration
Administration of savings scheme
Booking of portfolio CP’s
Review of mutual funds pricing
General Relationship Managers’ request (to varied to list).

Requirements

Minimum of 2 years of cognate experience in Asset Management
Bachelor’s degree from accredited university.
Relevant professional qualification.

Required Knowledge, Skills and Abilities:

Knowledge of Asset & Investment Management and the Financial Services Industry at large.
Understanding of stock market operations
Prior Investment Management Operations experience
Sound understanding of trade flows and settlement processes
Previous experience in cash management or stock reconciliation functions
Strong statistics, data analysis and technical skills
Strong experience with automated financial systems, including a general ledger and financial reporting software
Good analytical and problem solving skills
Issues Management ability
Proficiency in the use of Microsoft Word, PowerPoint, Excel and other spreadsheet applications.

Generic Skills: