Accounting Assistant

Accounting Assistant II

Salary: TTD$7,500.00 / month
Location: Port of Spain
Contract: Six (6) months with a possibility of renewal 

Key Responsibilities:

 
1. Disbursements

• Review and approve daily disbursements for:
  • Forex Manufacturing & FAS Essentials transactions
  • Loan disbursements to customers
  • Interbank transfers
• Verify transaction file documents to ensure management approvals, accuracy of sale notes, journal entries, and online banking details.
• Forward disbursement files to signatories for fund release online.

• Record drawdowns and repayments as they occur.
• Compute accrued interest expense and prepare journal entries.
• Identify and record interest payments based on bank statements.
• Reconcile LOC balances (Principal, Interest Payable, and Interest Expense) on a monthly basis.

• Track new investments and encashments as they occur.
• Compute interest income receivable and prepare journal entries.
• Identify and record interest received as per bank statements.
• Perform monthly reconciliations for investments (Principal, Interest Receivable, and Interest Income).

• Maintain a fixed asset register, tracking cost, additions, disposals, accumulated depreciation, and net book value at the beginning and end of the year.
• Ensure proper procedures are followed for asset disposals.
• Identify obsolete assets for disposal and liaise with the internal auditor for approval.
• Compile a comprehensive list of all company-owned assets.
• Compute and record depreciation for all assets monthly.
• Prepare depreciation journals, update Oracle, secure necessary approvals, and update the general ledger.

• Completed CAT or currently pursuing ACCA Level I.
• Minimum of 2–3 years of relevant experience.
• Proficiency in accounting information systems.
• Strong analytical and problem-solving skills.
• Effective written and verbal communication skills.
• Ability to collaborate within a team and engage with stakeholders effectively.