Team Member, Investment Operations and Fund Accounts at AXA Mansard

AXA Mansard is a member of the AXA Group, the worldwide leader in insurance and asset management with 157,000 employees serving 103 million clients in 59 countries. The group is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. Despite being written in uppercase, “AXA” is not an acronym; the name was chosen because it is short and can be pronounced easily the same way in every language. AXA Mansard was incorporated in 1989 as a private limited liability company and is registered as a composite company with the National Insurance Commission of Nigeria (NAICOM). The company offers life and non-life insurance products and services to individuals and institutions across Nigeria whilst also offering asset/investment management services, medical insurance solutions, and pension fund administration through its three subsidiaries, AXA Mansard Health Limited, AXA Mansard Investments Limited, and AXA Mansard Pensions Limited. The company was listed on the Nigeria Stock Exchange in November 2009 and has market capitalization in excess of N28 billion, thereby remaining the biggest insurance company on the Nigerian Stock Exchange. AXA is present in geographically diverse markets, with operations concentrated in Europe, North America, and Asia Pacific. AXA’s is also present in Central and South America, the Middle East, and Africa via operations in Cameroon, Gabon, Ivory Coast, Morocco, Senegal, and Algeria. AXA has more than over 20 year’s continuous presence in Africa.

Job Title: Team Member, Investment Operations and Fund Accounts at AXA Mansard.
Job Type: Full Time.
Qualification: BA/BSc/HND.
Experience: 1 year.
Location: Lagos.
Job Field: Finance, Accounting, Audit.

 

Job Summary

Responsible for net asset valuation, corporate actions, security price update, financial statements, escalation and resolution of issues, and other ad hoc reporting for funds.

 

Role Qualification

Academic/Professional:

  • BSc. Degree from a reputable tertiary institution and preferably from a numerate field (Sciences, Engineering, Economics, or Finance).
  • A Diploma in Investment Operations (CISI UK) or/and CFA Level 1 is an advantage.
  • Relevant postgraduate (MSc, MBA) and/or professional qualification (ACA/ACCA, etc.) would be an added advantage.

Work Experience:

  • Minimum 1 year of work experience.

 

Key Responsibilities

  • Prepare timely and accurate net asset valuation, return reports, distributions, and other fund accounting output for subsequent review by the team lead/head, investment operations, and fund accounts.
  • Research, as assigned, certain securities in Fund portfolios for the purpose of ensuring proper accounting treatment (such as the nature of distributions, original issue discounts, and international valuations) and compliance with SEC, tax, and prospectus restrictions and limitations.
  • Stay abreast of regulatory reform and its impact on the business, which helps to ensure the business is best positioned to respond.
  • Identify exceptions and problems affecting accounting records and prices, communicating the same to the team lead/head, investment operations, and fund accounts, and assisting in their resolution.
  • Ensure timely settlement of all wire transfers (inward or outward) and related to investments.
  • Assist, as assigned, in preparing audit schedules, compliance reports, financial statements, or other reports.

 

Required Skills and Competencies

  • Knowledge of the financial service industry with preference for the insurance industry/investment business.
  • Superior analytical & critical thinking skills; ability to make good decisions when faced with complex data.
  • Advanced business writing and presentation skills.
  • Advanced computing skill.
  • Be detail-oriented.

 

Application Closing Date

Unspecified.

 

Method of Application

Qualified candidates who are interested should:
Visit AXA Mansard on corporate.axamansard.com to apply

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