Senior Accountant

OVERVIEW

The Senior Accountant supports the CFO in managing UCCI’s accounting operations, financial reporting, and internal controls. This role oversees day-to-day functions including general accounting, accounts payable, student accounts, budgeting, and external audits. The post holder ensures compliance with IFRS standards, enhances operational efficiency, and contributes to the University’s strategic financial planning.

KNOWLEDGE, SKILLS & ABILITIES

• Bachelor’s degree in a related field (e.g., Accounting, Finance).
• Professional accounting designation (ACCA, CPA, CMA) or actively pursuing certification.
• 3–5 years’ experience in accounting, auditing, financial services, or budgeting. Supervisory experience is an asset.
• Proven skills in financial reporting techniques and practices, and in accrual, funding, and university-related accounting.
• Ability to analyze and interpret financial data and prepare university financial reports, statements, schedules, and/or projections.
• Working knowledge of IFRS accounting and reporting standards.
• Familiarity with the Cayman Islands Government PMFA and its implications for financial reporting and compliance.
• Proficiency in financial accounting systems and advanced spreadsheet applications.
• High level of proficiency with Microsoft Office (especially Excel) and database management.
• Superior organizational skills, attention to detail, and the ability to manage critical, time-sensitive work independently.
• Ability to work under pressure, meet tight deadlines, and manage multiple deliverables.
• Excellent interpersonal, written, and verbal communication skills.
• High level of integrity in dealing with confidential and sensitive matters.
• Strong problem-solving skills and ability to build strong team relationships.
• Experience in personnel management.
• Familiarity with tertiary education and/or public entities is an asset.

ACCOUNTABILITIES SPECIFIC TO THE ROLE

• Oversight of Procurement & Payables processes including:

o Processing of accounts payable transactions, invoice coding, and PO approvals. o Preparation of weekly bank account balance reporting and cash requirements. o Monthly bank reconciliations and general ledger reconciliations. o Managing supplier account balances and ensuring timely payments. o Ensuring all procurement and payment activities comply with internal policies and applicable legislation.

• Oversight of Payroll-related duties including:

o Reviewing payroll changes and journals. o Resolving payroll discrepancies. o Generating payroll reports for monthly pay cycles. o Supporting year-end audit processes related to payroll.

• Budgeting and Financial Reporting:

o Assisting in preparation of bi-annual and supplementary budgets. o Coordinating and reviewing departmental budget submissions. o Monitoring University and departmental performance with monthly, quarterly, and annual reporting. o Performing monthly general ledger reviews and preparing financial reporting packs.

• Cash Management:

o Coordination of Cabinet billing and EI 46 drawdowns. o Cash flow forecasting and ensuring proper funding of bank accounts. o Reconciling time deposits and reviewing for appropriate balance adjustments.

• Risk Management and Internal Controls:

o Supporting the CFO in reviewing and improving internal controls. o Providing input into institutional risk management efforts.

• Supervisory Responsibilities:

o Supervises the Assistant Accountant – Procurement & Payables and student interns.

Compensation

Salary Range: KYD $60,060.00 to $78,516.00 (GRADE K) Employer-covered medical; co-contributory pension. and annual leave (20 days).

How to apply

Submit a CV and cover letter along with three (3) professional references to recruitment@ucci.edu.ky