Accounting Assistant

The Business and Employment Centre is seeking an experienced and detail-oriented Accounting Assistant to join our Finance team.

*Please note only suitably qualified candidates in BARBADOS will be considered 

In this role, you will play a key part in ensuring the accuracy, efficiency, and compliance of the company’s financial operations while providing reliable support to management and other departments.

Key Responsibilities

Financial Management & Reporting

• Maintain and update accounts in the company’s accounting software with a high degree of accuracy.
• Prepare, post, and reconcile journal entries to the general ledger.
• Perform monthly, quarterly, and year-end reconciliations, ensuring timely resolution of discrepancies.
• Generate and analyse financial reports to support decision-making.

Accounts Payable & Receivable

• Manage the accounts payable cycle, from invoice verification to payment execution via the company’s online banking portal.
• Oversee accounts receivable processes, including issuing invoices, monitoring aging reports, and following up on overdue accounts.
• Develop and maintain vendor and client relationships to ensure smooth transactions.

Payroll & Statutory Compliance

• Prepare and process monthly payroll, ensuring accuracy in salaries, deductions, and statutory contributions.
• Coordinate with the Payroll Officer to post payroll-related entries and reconcile payroll accounts monthly.
• Prepare and file VAT, NIS, PAYE, and TAMIS submissions in compliance with local regulations.
• Serve as backup for the Payroll Officer during absences.

Audit & Compliance

• Assist the Finance Manager in preparing documentation and schedules for internal and external audits.
• Ensure all accounting practices comply with statutory requirements and company policies.
• Maintain accurate and well-organised financial records for easy retrieval.

Process Improvement & Support

• Identify opportunities to enhance accounting processes for greater efficiency and accuracy.
• Support the Finance Manager in special projects, budgeting, and forecasting activities.
• Perform other related duties as assigned by management.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or related field (Master’s degree will be considered an asset).
• 2 – 4 years’ experience in an accounting role, preferably in a multi-service or fast-paced environment.
• Proficiency in MS Word, Excel, and Outlook.
• Experience with accounting and payroll software (PayPak, Sage, QuickBooks, or similar).
• Strong understanding of double-entry accounting, reconciliations, and financial reporting.

Skills & Competencies

• Strong analytical and problem-solving abilities.
• High level of accuracy and attention to detail.
• Excellent organisational and time management skills; able to prioritise and meet deadlines.
• Effective communicator, both written and verbal, with a professional and client-focused approach.
• Ability to work independently with minimal supervision while contributing to team objectives.
• Discreet and trustworthy when handling sensitive financial information.