Accountant - Payables and Expense Management

Accountant - Payables and Expense Management

Trinidad Generation Unlimited (TGU) manages a major fuel-efficient power plant in Trinidad and Tobago. The 720-megawatt (MW) TGU facility is a combined-cycle power plant which is owned by the National Investment Fund Holding Company Limited, the latter is a wholly owned entity of the Government of Trinidad and Tobago. The plant is located at the Union Industrial Estate, La Brea and supported by a Corporate Office in Chaguanas.

Trinidad Generation Unlimited (TGU) invites suitably qualified persons to apply for the following permanent position:

ACCOUNTANT - PAYABLES AND EXPENSE MANAGEMENT

Position Purpose:

This position is responsible for the development, maintenance and administration of the Company’s General Accounting, Accounts Payable policies, procedures and systems.  Ensuring that integrity in the Financial Management Information System is maintained in a professional manner in keeping with accounting standards is also key to this role.

The position requires the performance of routine accounting work in the accounts payable function. The job of Accounts Payable  Accountant was established for the purpose/s of providing support for department functions with specific responsibility for performing activities related to the accurate processing of authorized invoices; recording, updating and reconciling related financial information; and providing instructions and/or accounting support to other personnel in accordance with
established practices.

Key Responsibilities:

• Perform all aspects of the accounts payable function by matching purchase orders to invoices and entering the invoices into the software according to department policies and deadlines. Checking vendor invoices for payments e.g. proper authorization, 3 way match, etc.
• Prepare checks, including ACH transactions and Wire payments, and backup documentation.
  Supervises accounting and departmental support staff in the course of their respective duties.
  Check bank balances daily and monitoring accounts.
• Coordinate disbursement of per diem associated with foreign travel and reconcile credit card statements.
• Check all data entry (bank and petty cash), by performing 100% GL check, and preparing management accounts and budget variance report.
• Prepare monthly statistical reports for other Departments.
• Verify vendor accounts by reconciling monthly statements and related transactions
• Closely monitor group health, life and insurance payments and manage premium changes, for both employer and employee plans
• Ensure all statutory liabilities are accurate and payments issued on time e.g. Pay As You Earn(PAYE), Health Surcharge (HS), National Insurance(NIS), Value Added Tax(VAT), Green Fund(GF), Corporation Tax (CT),  Withholding Tax(WHT)
• Preparation and entry of monthly journals.
• Provide accurate and effective document preparation and records management relative to the accounts payable function
• Handle general queries from third parties and research and resolve any outstanding balances on accounts, including telephone, mail, or e-mail communications with vendors
• File, maintain, and distribute accounting documents, records and reports.
• Perform reconciliations and maintenance of accurate Profit and Loss/Expense accounts
• Perform Year-end procedures, and support with time frames and commitments required of the company’s financial reporting cycles.
• Assist in annual audit by preparing reports and schedules as well as  providing documentation
  Provide support to Finance Team Lead when required.
• Performs other duties as required to support Finance Department as required by the company.

Qualifications and Experience:

• Professional finance and accounting qualification (ACCA, CIMA or equivalent).
• At least five (5) years’ experience in finance and accounting, one (1) of which must be at a supervisory level.
• Membership in ICATT.

A form of valid national identification must be included with your application.