FINANCIAL ACCOUNTANT

Under the general direction of the Director, Finance.

Salary Range: $4,162,214 - $5,597,715

OBJECTIVES/SUMMARY OF POSITION

The Financial Accountant coordinates the preparation and monitors the utilization of budgets and ensures the efficient use of allocated financial resources in satisfying the TEF’s objectives.

CORE FUNCTIONS

Technical/Professional

• Provides financial advice to the Director, Finance, Project/Programme Managers, Agency

officials and other personnel on budgeting and financial planning issues;

• Overseas the preparation payroll, journals

• Ensure monthly/annual statutory deduction are completed in prescribed times

• Conducts detailed variance analysis, as requested

• Prepare cash flow projections monthly

• Compiles the Annual Estimates of Expenditure;

• Revises requests for the provision of virement funds and recommends and/or institute

appropriate action;

• Reviews budget proposals and makes recommendations to the Director, Finance for

adjustments where necessary;

• Revises the budget as a result of input/ amendments from the Ministry of Finance and

Planning;

• Coordinates budgetary control systems to monitor expenditures in relation to programme

performance on an ongoing basis;

• Ensures the effective monitoring of expenditure and commitments against approved

budget estimates; analyses variances and recommends corrective action for reallocation

of funds or other appropriate action;

• Reviews Monthly Cash Flow for discussions with the Director, Finance;

• Approve Cash Disbursement Journal

• Supervises the annual external audit process

Management/Administrative

• Assist in the development and implementation of the Division’s operational/work plans

and budget;

• Provides advice and ensures that staff Senior Managers, Programme Managers and

Agency officials are aware of and adheres to the policies/procedures and regulations of

the FAA Act and related guidelines.

• Develops and monitors work schedules/programmes ensuring the effective utilization of

staff in accomplishing the Units objectives;

• Interprets budget policies and establishes procedures and practices for their

implementation in accordance with the Financial Administration and Audit (FAA) Act;

• Implements control procedures to support the effective development and management of

the budgets;

• Monitors and evaluates operational systems, procedures and internal controls ensuring

their relevance and reliability and that standards for the accounting of, and reporting on

funds are maintained;

• Represents TEF at meetings, conferences and other for a as directed;

• Manages relationships with key Ministry stakeholders at the MOFP, OPM, Accountant

General’s Department, MTE Agencies and other affiliates etc;

• Assist in preparation of reports and budget briefs;

Human Resource Management

• Manages the welfare and development of staff in the Unit through the preparation of

performance appraisals and recommendation of required training and development

programmes;

• Provides leadership to staff through effective objective setting, delegation, and

communication;

• Provides guidance to staff in the unit through coaching, mentoring and training, providing

assistance and support as needed;

• Ensures that training and other needs of employees are adequately identified and

addressed;

• Recommends disciplinary action and approves vacation leave for staff in the unit in

keeping with established human resource policies.

• Performs other related duties that may from time to time be assigned.

SPECIAL REQUIREMENT/WORKING CONDITIONS

• Long and irregular hours;

• Additional pressure to meet deadlines;

• Out-of-town travel from time to time for Agency monitoring;

• Frequent visits to the MoF&PS, OPM, Accountant General’s Department to reconcile the

MOT’s accounts

MINIMUM EDUCATIONAL REQUIREMENTS AND EXPERIENCE

• BSc Financial Accounting, Financial Management or its equivalent from a recognised
• institution; OR
• ACCA Level 2 certification;
• Three (3) years’ experience at the middle management level.

KNOWLEDGE, SKILLS AND ABILITIES

• Excellent knowledge of the general operations of the machinery of the Government of
• Jamaica, especially the Financial Administration and Audit (FAA) Act;
• Sound knowledge of the public sector budget preparation and administration;
• Knowledge of GoJ Procurement guidelines and procedures
• Proficiency in use of Microsoft Office Suite and other relevant computer applications and
• systems

Applications accompanied by resume stating the position in the subject line should be submitted no later than November 14, 2023 to:

Manager, Human Resource & Administration

Tourism Enhancement Fund

64 Knutsford Boulevard

Kingston 5

We thank all applicants however, only shortlisted candidates will be contacted.