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Commitment Control Officer (FMG/AT 3)

Organisation
Ministry of Industry, Investment and Commerce
Reference
VAC-49367
Contract Type
Not Vacant
Industries
Accounting & Finance
Location
Kingston
Salary & Benefits
$2,190,302 - $2,945,712 per annum
Date Posted
23/04/2024
Expiry Date
13/05/2024
The incumbent is responsible for co-ordinating and maintaining an effective cash management system and ensuring the proper planning and control of commitments/expenditures within the limits of the approved provision and warrant allocation.

 

Key Responsibilities

To assist in the Commitment Planning process: 

  • Identifies and classifies commitments according to categories – inescapable, priority and others; 
  • Ascertains from all sources, the total value of any unpaid bills brought forward from the previous year; 
  • Prepares Commitment Control Registers for all activities and projects of the Ministry on a Head/Programme/Project/Activity/Object basis; 
  • Approves the commitment requisition in accordance with stipulated procedures by: 
    • Ensuring that commitment requisitions received are duly authorized by an appropriate officer; 
    • Ensuring that expenditure is appropriate and funds are available under the categories to which the commitment relates; 
    • Certifying the commitment, blocking funds and recording amounts in the Commitment Control Register 
    • Informing Programme Managers of the status of their requisitions and the funds available under their respective programmes. 
  • Ensures the proper maintenance of the Commitment Control Register for the Divisions of the Ministry, ensuring that warrant allocations and commitments are posted correctly and within the stipulated timeline; 
  • Monitors the timely reconciliation of commitment control registers with the GFMS reports;
  • Provides age analysis of outstanding bills; 
  • Submits monthly reports to the Director of Management Accounts on the number of undischarged commitments. 

To facilitate effective Cash Management and Expenditure Control System: 

  • Assists the Director of Management Accounts in planning the utilization of available cash, based on the level and category of outstanding commitment; 
  • Monitors and advises the Director of Management Accounts of slow-moving programmes and activities from which funds can be vired to satisfy the needs of activities/programmes that are urgently in need of funds; 
  • Facilitates proper cash management and expenditure controls by making available to management, information on the discharged commitments and current cash position on a timely basis on a Head and Programme or Activity/Project basis; 
  • Advises the Director of Management Accounts on programmes/activities at risk of exceeding budgetary allocations. 

Other: 

  • Inserts payment and journal vouchers on GFMS; 
  • Performs any other related duties that may be assigned from time to time. 

 

Required Knowledge, Skills and Competencies

Core: 

  • Excellent oral and written communication skills; 
  • Good team skills; 
  • Good interpersonal and influencing skills; 
  • Good problem-solving skills; 
  • Excellent analytical and judgement skills; 
  • Excellent planning and organizing skills. 

Technical: 

  • Excellent knowledge of the stipulations of the FAA Act, Instructions and Regulations;
  • Experience in Government Accounting, budget and warrant system; 
  • Competence in the use of spreadsheets and computer applications. 

 

Minimum Required Qualification and Experience

  • AAT Level 3; 
  • ACCA – CAT Level C/Level 3; 
  • ACCA Level 1; 
  • NVQJ Level 3, Accounting; 
  • Diploma in Accounting from an accredited University or Community College;
  • ASc. Degree in Business Studies/Business Administration from an accredited tertiary Institution; 
  • ASc. Degree in Accounting from MIND; 
  • Diploma in Government Accounting, MIND, Government Accounting Level 1, 2, & 3;
  • BSc. Degree in Accounting or Management Studies with Accounting; 
  • BBA Degree; or 
  • Successful completion of 3 years of any of the Bachelor’s Degree programmes mentioned above. 

 

 

 

 

Please note that only shortlisted applicants will be contacted.

 

Region: 
Kingston
Occupational fields: 
Other
Other
Other
Required degree level: 
Other

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