Job Purpose
The main purpose of the Fund Reporting Analyst is to execute the day to day accounting functions of the managed funds of SIAML. These functions include keeping proper accounting records, reconciliations, valuations and generating fund prices, rendering returns to regulatory authorities.
The Analyst, Fund Reporting is also expected carry out the financial reporting and financial accounting functions of SIAML managed funds thereby ensuring that reports generated are in accordance with local and international accounting and regulatory guidelines.
A successful execution of the job steers the generation of valuation for the mutual funds, provision of reports to the Securities and Exchange Commission as well as preparation of the financials for the mutual funds.
Key Responsibilities / Accountabilities
Generate valuation for the respective mutual funds being managed by Stanbic IBTC Asset Management Limited (‘SIAML”):
Postings of journals and settlement transactions
Generation of valuation reports of the respective managed funds
Distribution of the valuation reports to stakeholders
Saving of valuation reports

Maintaining the General Ledger for the Mutual Funds:
Daily posting of entries into the General Ledger of the Mutual Funds
Daily reconciliation of the Valuation reports against the General ledger
Daily sign-off of such reconciliation
Timeliness in preparation of the audit schedules and the audited financials for the respective funds:
Execution of relevant and applicable financial reporting standards and assessment of their impact on current processes and procedures
Providing support towards planning and coordination of audit engagements for the respective managed funds and portfolios
Execution of the applicable financial reporting standards
Preparation of the audit schedules and financial statements
Engage the external auditors and participate in the timely completion of the statutory audits
Proctive in dealing with technical issues arising from changes in reporting framework and standards:
Contributing to the activities and development of the Fund Reporting team
Escalate all issues and challenges affecting the team and the output they produce to the Head, Fund Reporting and engage the Technology team to resolve them
Provide technical and financial advice to other units and departments thereby assessing the impact of current processes and reporting activities

Reporting:
Preparation of returns to the Securities and Exchange Commission (monthly, quarterly and half yearly)
Adhere to compliance with all the local statutory and regulatory filings, financial and management reporting.
Ensure that all matters relating to financial accounting, management accounting, taxation, balance sheet and capital structure management, market risk analysis and management and regulatory reporting are executed in accordance with Generally Accepted Accounting Principles, the Group’s accounting policies and other regulatory guidelines
Preferred Qualification and Experience

Qualification and Experience:
Bachelor of Science or equivalent Honours degree in Economics; Accounting, Finance; Actuarial Science, Statistics, Banking & Finance or any related field.
Professional qualifications such as ACA, ACCA will be an added advantage
Minimum of 2 years experience in Financial Reporting
Knowledge / Technical Skills / Expertise

Technical Competencies:
Financial and Accounting Control
Financial System Administration
Asset Management
Interpreting Financial Statements
Preparing Financial Statements
Financial Accounting

Click here to Apply Online