Financial Analyst

EXTERNAL ADVERTISEMENT

VACANCY

FINANCIAL ANALYST III

Applications are invited from persons with suitable qualifications to fill the position of “Financial Analyst III” at the Trust Services Division, Republic Bank Limited.

The jobholder is responsible for:

• Reviewing financial statements and regulatory reporting for Self-Administered Plans, Savings Plans, Insured Plans and Proprietary Funds, ensuring accuracy and timely completion in accordance with the various statutory, regulatory requirements (as required by Insurance Act, Income Tax Act, SEC, FIA, TTCD TTSE and CBTT) and internationally accepted standards (IAS and IFRS).
• Ensuring accuracy and timely collection of all fees for the various Plans and Funds to meet budgeted targets.

JOB RESPONSIBILITIES INCLUDE:

• Supervising the preparation and completion of financial statements and reviewing working papers ensuring that there are no material errors in the accounts.
• Structuring annual work schedules to facilitate the preparation of the monthly, quarterly, semi-annual and annual financial statements along with the preparation of regulatory and statutory returns.
• Reviewing and analyzing Financial Statements
• Engaging in follow up actions for the completion of audits
• Providing assistance and guidance to staff in the resolution of issues encountered during the course of the audit.
• Following-up on the request for the confirmation of assets held by the Division on a quarterly basis from other Financial Institutions.
• Reviewing tax calculations for Savings Plans
• Coordinating audit dates with external auditors.
• Reviewing and approving calculation of Trustee and Investment Management Fees on a quarterly, semi-annual and annual basis for Corporate Trusts as well as calculation of quarterly fees for Proprietary Funds.

GENERAL QUALIFICATION AND REQUIREMENTS: 

The jobholder should have:

• ACCA Level 1 or equivalent qualifications
• At least four (4) years practical accounting experience with two (2) years in a supervisory position
• Knowledge of Insurance Act, Income Tax Act, International Financial Reporting Standards (IFRS), SEC, FIA, TTCD, TTSE and CBTT
• Proficiency in Microsoft Office Suite

BEHAVIOURAL COMPETENCIES AND SKILLS:

• Superior Investigative, Numerical and Analytical skills
• Sound Interpersonal, Decision Making, Planning, Organizing, and Oral/Written Communication skills

REMUNERATION:

The Bank offers an attractive compensation package.

Closing date for submission of applications is November 29, 2022.

Thank you for your interest in Republic Bank Limited.

Please note that only suitable applications will be acknowledged