Assistant Manager-Fund Accounting

The Assistant Manager-Fund Accounting at EFU Life Assurance Ltd. plays a pivotal role in managing and overseeing the fund accounting operations. As a key figure in our finance team, this position requires a profound understanding of fund accounting principles, Financial Accounting Standards (GAAP), and the intricacies of Net Asset Value (NAV) calculations. The ideal candidate will utilize well-honed analytical skills to perform thorough reconciliations and ensure the accuracy of financial statements related to investment strategies. This role is essential in supporting the organization's financial integrity and effectiveness, driving insights through data analysis and financial modeling and utilizing tools like MS Excel and VBA Programming. In this position, the Assistant Manager will work closely with various departments to facilitate the reporting and operation processes of our funds. By leveraging expertise in fund management, the Assistant Manager will participate in various financial tasks to monitor fund performance, assist in strategic decision-making, and contribute to the overall financial health of the organization. Although this role does not involve managing a team, it requires exceptional collaboration skills to ensure compliance with regulatory and industry standards while fostering a culture of continuous improvement within the department.
Responsibilities

Oversee and execute accurate fund accounting activities, including maintaining books of accounts and records.
Perform NAV calculations on a timely basis, ensuring compliance with applicable standards and regulations.
Prepare and review monthly and quarterly financial statements, ensuring alignment with GAAP.
Conduct detailed reconciliations of fund accounts, identifying discrepancies and implementing solutions to rectify them.
Support the development and enhancement of financial models to assess fund performance and investment strategies.
Analyze financial data and reports to provide insights that support strategic decision-making processes.
Utilize advanced MS Excel skills and VBA programming to automate reporting processes and improve efficiency.
Ensure compliance with internal controls and regulatory requirements related to fund accounting and reporting.
Collaborate with other departments to gather necessary data for reporting and compliance purposes.
Assist in training and guiding junior team members on fund accounting principles and practices as needed.