Assistant Fund Accountant

Role Overview

Working under the Assistant Manager – Client Relations, the Fund Accountant manages the financial reporting cycle for a portfolio of pension fund clients. The role prepares management accounts, statutory financial statements, tax and levy filings, and reconciliations that trustees and regulators depend on. By keeping reporting accurate, timely, and aligned with service-level agreements, this position directly supports client confidence and service delivery.

Key Responsibilities

• Prepare and present quarterly management accounts, budgets, cash flow statements, and annual audited financial statements for pension fund clients, applying IFRS and Retirement Benefits Authority (RBA) requirements.
• Take ownership of a designated client investment portfolio, including monthly collection, analysis, and entry of data from fund managers and custodians.
• Calculate, review, and settle quarterly and annual income tax obligations along with annual RBA levies to the relevant authorities by statutory deadlines.
• Reconcile member transactions in the pension system each month, maintain the cash book, and complete bank reconciliations.
• Submit investment returns for guaranteed fund schemes, produce scheme financial statements, and file audited scheme accounts with the RBA.
• Reconcile guaranteed fund bank statements, receipt contributions and transfers, and process pension benefits, expenses, and service-provider fees.
• Support client annual general meetings by preparing materials and addressing member queries, while building productive relationships with trustees, fund managers, custodians, and other stakeholders.
• Follow service-level agreements and accounting reporting standards, report system bugs or downtime promptly, and assist in training interns.

Requirements & Qualifications

• Bachelor’s degree in a business-related field or actuarial science.
• Professional qualification in CPA K or ACCA Level 2.
• At least two years of experience in fund accounting or the pension industry.
• Working knowledge of RBA, ICPAK, and KRA requirements.
• Hands-on familiarity with accounting systems.
• Strong analytical and organizational skills, with a high level of accuracy.
• Good communication skills for client and stakeholder interactions.
• Solid accounting knowledge and the ability to work within strict regulatory and reporting standards.