Accounting Service Provider

Seeking qualified Accounting Service Provider.

The Accounting Service Provider will be responsible for:

Financial Management:

• Oversee financial transactions in accordance with the Exchequer and Audit Act of Trinidad and Tobago.
• Process vendor/supplier payments for goods and services rendered within established payment terms.
• Ensure compliance with financial regulations and governmental accounting standards.
• Assist with the development and implementation finance and accounting policies and procedures.

Payroll Management:

• Coordinate payroll activities, including processing salaries and benefits for employees.
• Ensure accurate calculations of statutory deductions such as income tax, national insurance contributions pension contribution and other relevant deductions/contributions.
• Keep abreast of changes in relevant legislation and regulations, implementing necessary adjustments accordingly.

Management Accounting:

• Prepare and analyze financial reports to aid in decision-making and strategic planning.
• Provide timely and accurate financial information to support budgeting and forecasting processes.
• Plans and prepares Annual Budgets in accordance with established deadlines.
• Conduct variance analysis and performance evaluation to assess the financial health of the organization.
• Ensure that the organization’s Fixed Asset register is accurately maintained and ensure adherence to the procedure for the transfer and disposal of Fixed Assets within the organization.

Financial Reporting:

• Maintain documentation and records to support financial transactions and reporting obligations, preparing reports as required.
• Liaise with internal and external auditors to facilitate audits and ensure compliance with audit requirements as necessary.

Internal Controls and Compliance:

• Establish and maintain internal control procedures to safeguard assets and prevent fraud or misappropriation.
• Ensure adherence to regulatory requirements and internal policies through regular monitoring and compliance assessments.
• Provide advice to senior management on matters such as budget formulation, expenditure control, and revenue optimization.
• Provide recommendations for process improvements and efficiencies to enhance financial performance and accountability.

Minimum qualifications:

• Professional Accounting Qualification – ACCA/CMA.

Knowledge and experience:

• Eight (8) years’ experience performing senior accounting duties including at least four (4) years at the managerial level in the public service.
• Sound knowledge of Public Sector Accounting Standards and statutory reporting governing the public service.
• Sound knowledge of the Exchequer and Audit Act and other financial regulations.
• Knowledge of best practices in management reporting and internal controls in a financial entity.

Or

• An equivalent combination of qualifications and experience will be considered.