ARM Life formerly CrystaLife Assurance Plc. is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM).
Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the ...
Read more about this company
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.
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).
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.