Funding Accounting Officer at ARM Hold Co.

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 management of quoted equities and fixed income securities. However, over the years, the Firm has taken advantage of opportunities in various sectors of the Nigerian economy and has proven its ability to identify and develop new strategic businesses and integrate these to strengthen its asset management business model. This ability has resulted in the evolution of the Firm into a diversified financial services institution with businesses divided into two distinct parts within which various products and bespoke asset management services are offered to our diverse clients, focusing on Traditional Asset Management and Specialised Funds. ARM currently manages total assets of over N500bn.

ARM Life has a strong track record in the group life insurance sector with favourable references across the industry. It is licensed and regulated by the National Insurance Commission of Nigeria (NAICOM) to underwrite Life, Annuity and Health insurance.Job Summary

The officer will be responsible for ensuring bank and asset reconciliation, portfolio valuation and financial reporting for the funds under management

Job Details

Ensure daily bank reconciliation of all institutional schemes and portfolios, proprietary funds, mutual funds and private funds. 
Ensure accurate and prompt portfolio valuation of all institutional schemes and portfolios, proprietary funds, mutual funds and private funds. 
 Ensure monthly portfolio reconciliation with third party confirmation e.g CSCS, S4, Custodian’s PV. 
Monitor and ensure corporate actions are accounted for timely and accurately on the core investment accounting application 
 Ensure accurate monthly and quarterly SEC reports latest 5th and 10th respectively 
Ensure the preparation and payment of all fee invoices latest 10th day of the subsequent quarter

Requirements

Good financial accounting and reporting skills 
Good knowledge of MS Excel and other MS Office Applications 
Team player 
Good communication skills (oral & written)
Bsc. Accounting (Preferably an accounting graduate)