Accounting Assistant TT

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General Accountability

The Accounting Assistant is responsible for managing the cash availability for the placing of all investments on behalf of the Funds as well as updating the general ledger on a daily basis for an accurate NAV (Net Asset Value) calculation.

The Accounting Assistant is also responsible for the preparation of the financial statements, supporting general ledger schedules, reconciliations and other management reports of the Funds in accordance with International Financial Reporting Standards (IFRS).

Key Responsibilitie

Daily update of the general ledger (GL)

Ensure the GL has been updated with all transactions daily

Complete month-end updates of the GL

Ensure the GL has been updated for all month-end processes

Prepare Financial statements

Complete the preparation of the five (5) primary statements for the Funds

Execute wire transfers

Ensure the timely execution of wire transfers within ½ hour of receipt of instructions. For same day transactions: submitted to Accountant for review within ½ hour of receipt for transactions with next day settlement, transactions should be submitted to the Accountant by 8.30am on the settlement date

Prepare Distribution Notes

Ensure the Distribution Notes for the Funds have been prepared and submitted for review to the Accountant by the 10th working day of the last month of the distribution period (Estimate) and 10th working day after the distribution has been paid (Final)

Perform monthly & quarterly analysis of GL accounts

Reconcile the GL accounts on a monthly and quarterly basis by the 7th working day following the month end and quarter end

Prepare Management accounts

Complete the preparation of Management accounts by 5th working day

Prepare the monthly Fair value movement report

Complete the preparation of the monthly Fair value movement Report for the funds under management by 6th working day

Prepare Balance of Payments Report on a quarterly basis

Complete the preparation of Balance of Payments Report for review by Accountant by the 12th business day following the quarter end

Prepare Top 10 Holdings report on a quarterly basis

Complete the preparation of the Top 10 Holdings report for review by the Accountant by the 8th working day following the quarter end

Identify, actively lead, or assist team members with ad hoc or scheduled projects, tasks, or initiatives to achieve identified goals, deadlines, or efficiencies or other benefits for the Finance Department or Corporation as a whole

The selected candidate must possess the following combination of qualifications, skills, training and experience:

Passes in five (5) GCE Ordinary Level/ CXC / CSEC Ordinary Level subjects including English Language and Mathematics at General Proficiency Grades 1, 2 or 3 with a maximum of 2 subjects at Grade 3
Two (2) GCE/CAPE Advanced Level subjects OR a Certificate in Business or any related discipline from an accredited institution
Minimum of three (3) years relevant experience preferably in a Financial Institution.
Suitable combination of training and experience
High confidentiality and integrity
Passion for delivering excellent customer service
Ability to multitask and use initiative
Sound analytical skills.
Strong communication skills (verbal and written)
Ability to interact at all levels.
Working knowledge of Microsoft Office Tools
Ability to work in teams