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HRC Associates

Accountant (Credit Union, 2 Year Contract)

HRC Associates

  • Port-of-Spain
  • Not disclosed
  • Contract
  • Updated 27/09/2024
  • HRC Associates
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Our Client, a Credit Union, is seeking to fill the position of Accountant. This position is the head of the accounting function for the organisation and is offered as a two (2) year contract.

Our Client, a Credit Union, is seeking to fill the position of Accountant. This position is the head of the accounting function for the organisation and is offered as a two (2) year contract.

  

Key Responsibilities:

  • Analyses and presents management financial and accounting reports to Management and Board of Directors in a timely manner to facilitate decision-making
  • Prepares, analyses, and recommends actions regarding the performance of the business based on management accounts inclusive of ratio/trend analysis and other comparable analyses as appropriate
  • Forecasts, budgets, and benchmarks Credit Union Financial Statements and Operations
  • Develops and maintains the Credit Union's internal accounting operating systems, policies and procedures
  • Coordinates and assists in the management of the external Audits, including preparation of financial statements with notes according to accounting standards
  • Prepares the annual budget based on input from senior management, the Board of Directors and Committees
  • Maintains ongoing communication with the Manager, informing of all pertinent information/irregularities and making recommendations to resolve same
  • Verifies and releases all ACH transactions in a timely manner
  • Verifies, releases and uploads Visa Debit / Credit Cards transactions daily in a timely manner
  • Ensures proper and timely reconciliation and adjusting entries to Balance Sheet and Income Statement accounts and any related ledgers
  • Establishes and maintains computerised accounting procedures in accordance with regulatory bodies and reporting requirements
  • Coordinates and integrate accounting functions to provide support for all other functional units within the Credit Union
  • Monitors the Credit Union's finances, operational expenses and debt service obligations
  • Ensures the Credit Union is current in its taxation and other third-party obligations
  • Reviews Bank Reconciliation for all Branches
  • Monitors Bank accounts to ensure adequate balances to cover daily operational expenses
  • Monitors and transfers funds monthly to various Bank Investment Account and prepares Source of Funds documents
  • Maintains Fixed Asset Register and all accounting logs to monitor depreciation expenses
  • Maintains Fixed Deposit Register for renewals/withdrawals
  • Verifies/certifies data and documents prepared by staff in the Finance and Accounts Department
  • Lead, supervise, develop and recommend training for the staff in the Finance and Accounts Department, including recommendations for rewards and recognition programmes and disciplinary procedures as necessary
  • Ensure the maintenance of an efficient filing system for all financial documents and ensures that all documents are filed and accessible to management as the need arises
  • Analyses departmental needs and makes recommendations to management to ensure operational efficiency and effectiveness
  • Excellent written and verbal communication
  • Ability to function independently with minimal supervision
  • Performs any other related duties within the scope of a Middle/Senior Accountant

  

Qualifications & Experience:

  • ACCA Qualified
  • Five (5) years’ experience at a supervisory level within the accounting function
  • Understanding of accounting rules and procedures, including IFRS relevant to the Credit Union activities

  

We wish to thank all applicants for their interest, however, only those favourably considered will be contacted.

Ref: Accountant (Credit Union)
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HRC Associates

HRC Associates

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