Financial Controller/ Fund Accountant at Sterling Asset Managements & Trustees Ltd

Key responsibilities of a fund accountant:

• Accurately calculating the Net Asset Value (NAV) of the fund on a daily basis by valuing all investments and reconciling transactions. 
• Recording and reconciling all investment transactions including purchases, sales, dividends, and interest payments.
• Determining the fair market value of fund assets using appropriate valuation methodologies. 
• Preparing accurate financial statements for the fund, including balance sheets, income statements, and cash flow statements, in accordance with relevant accounting standards. 
• Ensuring the fund adheres to all applicable regulations regarding accounting, reporting, and investor protection. 
• Collaborating with external auditors to facilitate the audit process by providing necessary documentation and explanations. 
• Performing regular reconciliations of fund positions with custodian and administrator records to identify discrepancies and resolve issues. 
• Analyzing financial data to identify trends and provide insights to fund managers. 

Required skills and qualifications:

• Strong understanding of accounting principles, including generally accepted accounting standards (GAAP) or International Financial Reporting Standards (IFRS). 
• Familiarity with different investment instruments like equities, fixed income, derivatives, and their valuation methodologies. 
• Ability to analyze complex financial data and identify potential discrepancies. 
• High level of accuracy and meticulous attention to detail is essential for financial recordkeeping.
• Proficiency in accounting software and financial data analysis tools. 
• Effective communication with fund managers, custodians, administrators, and internal stakeholders. 

Relevant certifications:

• Must be a member of Institute of Chartered of Accountant and other relevant accounting certifications can be an advantage. 
• Minimum Of 6 Years of experience