Fund Accountant Job at DLM Capital Group

DLM Capital Group - We are a leading investment management firm that offer bespoke investment and trust solutions to institutional and retail clients across Nigeria and Africa. We are committed to delivering superior value through innovation, trust, and long-term partnerships. We are committed to delivering consistent performance and transparency through innovative investment strategies, superior research, and robust risk management practices. We are a leading investment management firm providing tailored asset management solutions to institutional and individual investors.

We are recruiting to fill the position below:

Job Position: Fund Accountant

Job Location: Ikoyi, Lagos
Employment Type: Full-time

Job Summary

• As we expand our operations, we are looking to hire a detail-oriented and experienced Fund Accountant to join our dynamic team.
• This role is vital in supporting the integrity of our financial reporting, ensuring compliance with regulatory requirements, and enabling sound investment decisions.
• The Fund Accountant will be responsible for the accurate and timely preparation of financial reports, daily and monthly NAV (Net Asset Value) computations, fund reconciliations, and regulatory submissions.
• The ideal candidate will demonstrate deep knowledge of financial reporting within the asset management or investment fund space and a commitment to high standards of accuracy and control.

Key Responsibilities

• Prepare and validate daily, weekly, and monthly Net Asset Valuations (NAVs) for assigned funds.
• Maintain accurate and up-to-date records of fund transactions including subscriptions, redemptions, investments, dividends, income, expenses, and distributions.
• Perform periodic reconciliations of fund positions with custodians, brokers, and fund administrators.
• Assist in the preparation of annual audits, liaising with external auditors and ensuring timely audit completion.
• Monitor and account for fund-related accruals such as management fees, performance fees, taxes, and other expenses.
• Generate periodic financial statements in accordance with IFRS and applicable fund reporting standards.
• Ensure compliance with regulatory and statutory guidelines (e.g., SEC, PENCOM, FRCN) as applicable to the fund structure.
• Work collaboratively with the Portfolio Management, Compliance, Risk, and Operations teams to ensure financial integrity and transparency.
• Stay abreast of changes in accounting standards, capital markets, and investment product developments.

Candidate Requirements

• Bachelor’s Degree or HND in Accounting, Finance, Economics, or a related discipline.
• 3 - 5 years of relevant experience in fund accounting, investment management, asset management, or financial services.
• Relevant professional qualifications such as ACA, ACCA, or CFA (or in advanced stages) will be an added advantage.
• Strong understanding of investment fund structures, securities valuation, IFRS, and financial markets.
• Proficiency in financial software and tools (e.g., Microsoft Excel, accounting platforms, fund accounting systems).
• Ability to work with precision under tight deadlines in a fast-paced environment.
• Strong analytical and problem-solving abilities with high attention to detail.
• Excellent verbal and written communication skills.
• Demonstrated integrity and professionalism in handling confidential and sensitive information.