Unit Trust Scheme Officer at Dry Associates Investment Bank

The role.

We are sourcing for a Unit Trust Scheme Officer to run the administration of the Unit Trust Scheme including but not limited to:

Accounting Duties

• Daily/Weekly reconciliation of Custodial and Fund Manager statements and input in QuickBooks.
• Monthly reconciliation of Custodial Valuation Statements and Fund Manager Valuation reports.
• Preparing monthly Management Accounts and reconcile with Fund Manager before 15th of the following month.
• Filing Annual KRA Returns for the Scheme after completion of Annual audit and publishing of the financial statements.
• Prepare and submit Quarterly CMA reports by 15th day after end the quarter period.
• Preparing, submitting and publishing of half-year unaudited Financial Statements by 31st July and 30th August respectively.
•  Preparing, submitting and publishing of Annual audited Financial Statements by 31st March of every year.
• Ensuring half year un-audited and annual audited Financial Statements are published in the dailies and a copy of the published page submitted to CMA.
• Handling of internal audit queries.

Administration duties

• Daily publishing of yield and price to the business desks.
• Collect and file required client documentation for the scheme and do data inputting into the administration system (BRIMS).
• Monitoring all members’ transaction (contributions and redemptions)
• Filing of clients’ withholding tax on iTax.
• Preparing and sending out client statements/ certificate on a monthly basis.
• Maintaining and updating the Unit Trust operation manual.
• Any other duties as may be assigned by the Unit Trust Administrator.
• Monitoring fund performance and market competitors in comparison to actual performance on a daily basis.
• Preparing analysis of all Unit Trust Schemes and all commercial Banks in Kenya.
• Collecting and preparing data used for preparation of reports to the Fund Manager, Trustee, Custodian, market regulators and other stakeholders.
• Prepare and attend Trustee meetings every quarter
• Prepare and attend the Annual General Meeting.
• Liaising internally with the Legal and Compliance department on the day to day functionality of the scheme.