Finance Manager

Finance Manager

TRELAWNY CO-OPERATIVE CREDIT UNION LIMITED

Invites suitably qualified applicants to fill the position of:

Finance Manager

JOB SPECIFICATION

Core Functions

The incumbent is responsible for the management of the Credit Union’s Finance Department, to achieve established objectives.

MAJOR DUTIES

(1)   Planning:

a)     Contribute to the Organization’s Strategic planning process; paying particular attention to those strategic objectives and initiatives related to Member Relationship Management (MRM).

b)     Assist with the Department’s Strategic Planning process, ensuring alignment with the Credit Union’s Strategic Plan.

c)     Annually update individual Job Accountabilities and Performance Targets for all Direct Reports, ensuring alignment with the Credit Union’s Strategic Plan.

d)     Develop, in conjunction with each Direct Report, his/her respective Individual Development Plan on completion of the designated Competency Assessment and Performance Measurement as per the Performance Management System.

(2)   Staff Development

a)     Constantly review the competency and performance of Direct Reports, providing continuous coaching and implementation of their respective individual development plans.

(3)   Execution

(a)   Supervisor of the Finance Department.

(b)   Budget preparation and review.

(c)   Development and implementation of accounting policies, systems, and procedures.

(d)   Control and maintenance of fixed assets register and documents of ownership.

(e)   Responsible for monitoring investment accounts and preparing cash flow projections.

(4)   Monitoring and Reporting

a)     Lead the preparation of the Finance monthly performance report; then attend the monthly Finance and Board meetings.

b)    MINIMUM REQUIREMENTS

Qualification and Experience:

• B.Sc. Degree in Finance, Accounts, or equivalent qualification with ACCA, ACA, or CPA designation from an accredited training institution.
• A minimum of five (5) years of related experience at the managerial level (preferred at a financial institution).

Specialized Skills, Techniques/Learned Disciplines:

• Sound knowledge of financial management practices and the investment market.
• Sound knowledge of budget preparation and management.
• Sound knowledge of the Credit Union’s Strategy, policies, and procedures.
• In-depth knowledge of the Credit Union’s products, systems, and procedures.
• In-depth knowledge of the Acts and Regulations governing Credit Unions e.g., the Co-operative and Friendly Societies Act, Proceeds of Crime and Terrorism Prevention Acts, Credit Union (Special Provisions) Act, and Guidance Notes, in addition to the Banking Act.
• Working knowledge of PC applications software including word processing and spreadsheet packages.
• Sound Knowledge of accounting practices, principles, and procedures especially as it relates to the Credit Union environment.

• Excellent analytical, time management, administrative and problem-solving skills.

• High level of Integrity, Confidentiality, and Professionalism.