Job Purpose
Under the general direction of the Manager, Final Accounts and Reporting, the Final Accountant supports the Unit in the accurate preparation of Statements of Accounts and ensuring the accurate and timely delivery of relevant financial reports for the Revenue Protection Department in accordance with the stipulation of the FAA Act and its instructions, accepted Accounting Standards, Government of Jamaica (GOJ) rules, regulations and guidelines, in accordance with the stipulation of the FAA Act and its instructions, accepted Accounting Standards, Government of Jamaica (GOJ) rules, regulations and guidelines.
Key Responsibilities
Management/Administrative
- Assists in the preparation of the Branches Budget and Operational plans;
- Makes recommendations and assists in the implementation of initiatives to improve accounting procedures and processes;
- Ensures the maintenance and safe custody of the RPD’s financial records.
Technical/Professional:
- Ensures that assigned accounts of the Revenue Protection Department (RPD) are prepared on a timely basis and accurately brought to account within the period to which they relate;
- Ensures that assigned reports are prepared in accordance with the appropriate rules and regulations;
- Brings Accounts Receivable, Accounts Payable, Income Receivable, Accruals, Prepayments, Receipts, Deposits, Payments, Depreciation Provisions and Other Provisions accurately to account in the period to which they relate;
- Ensures that the Original Estimates, Supplementary Estimates and Revenue Estimates are brought to account, under the appropriate headings;
- Ensures that Warrant issues, Warrant transfers, Warrant adjustments and Treasury Advances are brought to account under the appropriate headings;
- Prepares all journal vouchers (for salaries, advance clearance and other adjustments) in respect of the month, to ensure that they are correctly posted and are properly reflected in the accounts;
- Prints and verifies the following statements for accuracy and completeness with respect to the following:
Financial Accounts (Accrual)
- Statement of Financial Position (IPSAS 1)
- Statement of Financial Performance (IPSAS 1)
- Statement of Changes in Net Assets/Equity (IPSAS 1 & 3)
- Cash Flow Statements (IPSAS 2)
- Accounting Policies & Notes to the Financial Statements (IPSAS 1)
- Fixed Assets Statements
Management Accounts
- FSI - Trial Balance
- FS2 - Receipts & Payments
- FS3 - Bank Reconciliation
- FS4 - Bank Balances
- FS5 - Expenditure by Activity
- FS6 - Expenditure by Object
- FS10 - Summary of Advances
- FS11 - List of Advances
- FS12 - Summary of Deposits
- FS13 - List of Deposits
- FS16 – Miscellaneous Revenue
- Resolves all and any errors found, after having checked the Financial and Management Accounts, transmits to the Manager Final Accounts and Reporting, for verification;
- Prints all relevant financial statements for all Heads, with respect to the closed period, and presents same to the Manager Final Accounts & Reporting.
Human Resource:
- Participates in the development of the individual Work Plan.
Stakeholder Relationship:
- Maintains and upholds all service excellence principles, standards, deliverables and responsibilities;
- Develops and maintains key stakeholder relationships.
Required Knowledge, Skills and Competencies
- Excellent analytical, planning and interpersonal skills.
- High ethical conduct, and integrity
- Openness to change.
- Competent in the use of computer hardware with knowledge of relevant software applications.
- Critical thinking with developed analytical skills, as well as abilities to identify risk and any attendant levels of impact
- Knowledge of the MOFPS’ overall strategic plan and its responsibilities with respect to achieving its targets.
- Willing to work co-operatively and collaboratively with stakeholders while maintaining good working relationships.
- Good presentation, oral and written communication skills, with report writing.
- Knowledge of:
- Accounting Principles and Practices as well as Public Administration.
- Knowledge of the Government of Jamaica’s (GOJ) Accounting Standards.
- Knowledge of the Financial Administration and Audit Act and Regulations.
- Knowledge of related GOJ, ICT systems.
- Proficiency in Microsoft Office applications
Minimum Required Qualification and Experience
- AAT Level 3 or
- ACCA-CAT Level C/level 3 or
- ACCA Level 1 or
- NVQJ Level 4, Accounting or
- Diploma in Accounting
- Asc. Degree in Business Studies/Management Studies/Business Administration
- Asc. Degree in Accounting, MIND or
- Diploma in Government Accounting, MIND, Government Accounting levels 1,2 & 3 or
- BSc. Degree in Accounting/Management Studies with Accounting or Bachelor’s in Business Administration
- Three (3) years post-qualification experience.
Special Conditions Associated with the Job:
- There can be stress especially when meeting deadlines.
- Extended working hours are expected.
Please note that only shortlisted applicants will be contacted.
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