Assistant Fund Accountant

1 month ago


Lagos, Nigeria Nestle Full time

ABOUT THE COMPANY

The history of Nestlé began in Vevey, Switzerland, in1867 when founder Henri Nestlé created one of the first infant foods in response to the need for a healthy and affordable product to serve as an alternative for mothers who could not breastfeed their babies. He called his product Farine Lactée Henri Nestlé.

JOB SUMMARY

RequirementsB.Sc. / HND in Finance / AccountingProfessional Membership/Certification in relevant field i.e., ACA, ACCAProfessional knowledge of Financial AccountingVerse in National Pension Commission's accounting PackagesUpdate to date in Pension Reform Act 2014Sound knowledge of International Financial Reporting StandardsSound Investment Analysis and modelling.

RESPONSIBILITIES

We are currently looking to fill the role of an Assistant Fund Accountant to assist the Fund Accountant by capturing all vouchers and journals into General Ledger of individual Fund, to ensure that the books of accounts are properly kept, all required monthly schedules and reconciliations are accurately and timely completed, in order to ensure that the Financial Statements with all required schedules and notes are professionally prepared to reflect a true and fair view of the activities of the funds and in compliance with the provisions of Internal Financial Reporting Standards.A day in the life of the Assistant Fund Accountant: Ensures that all Financial Transactions - Vouchers, Receipts (Interest and Dividends), repayments to retirement accounts holders, payment for all expenses, investment considerations and journals are accurately and promptly captured into the General Ledger. Ensures that all interest on Treasury Bills, Bonds and Money Market are duly accrued for and booked into the General Ledger and all related schedules duly updated. Receive Investment Instructions from the Fund Manager and books all transactions in the General Ledger and related schedules. Ensure that charges and other ancillary entries emanating from banks are validated and checked for reasonableness before booking entries in the books. Obtain from Human Resources all information relating to separated staff with a view to preparing vouchers and for payment of their gratuities (net of indebtedness to Nestle). Capture all payments in the General Ledger and all related schedules duly updated. Liaise with Human Resources on benefits payment outstanding. Assist the Fund Accountant in the preparation on Monthly and Quarterly Income Statement and Balance Sheet, with all relevant schedules, for all Funds - Pensions and Gratuity. Generate Portfolio Valuation reports for all funds and reconcile same with the Pension Fund Custodian.

REQUIRED SKILLS

Accounting, Auditing of accounts, Financial reporting, Internal control, Financial controlling

REQUIRED EDUCATION

Bachelor's degree



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