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
Interested and qualified candidates should forward their CV to: career@sterlingassetng.com using the position as subject of email.
Apply via :
career@sterlingassetng.com
