ACCOUNTANT

OVERVIEW

The accountant is responsible for supporting the finance team in the timely and accurate verification of a large volume of financial transactions for the entire University and providing support through reconciliations and reviewing various reports.

KNOWLEDGE, SKILLS & ABILITIES

• Minimum of a Bachelor’s degree in accounting and at least 3 years of work experience in a finance-related role;
• Active pursuit of an accounting designation (ACCA, CPA, CMA);
• Familiarity working in tertiary education and/or in a public entity;
• Working knowledge of IFRS and IPSAS accounting and reporting standards;
• Familiarity and clear understanding of the Cayman Islands Government PMFA and its impact on professional output;
• Proven skills in financial reporting techniques and practices, ethical and professional principles, and skill of accrual, fund, and university related accounting;
• Computer literacy and ability to use Microsoft tools effectively, with proficiency in financial accounting systems and advanced spreadsheet applications;
• Proven ability to analyze and interpret financial data and prepare university financial schedules;
• Good oral and written communication skills, relationship management skills, and analytical skills;
• Highly motivated and comfortable meeting tight deadlines and prioritizing multiple deliverables;
• Possession of excellent time management skills and the ability to independently prioritize various important deliverables.
• High level of integrity in dealing with confidential and sensitive matters;

ACCOUNTABILITIES SPECIFIC TO THE ROLE

• Reviewing Accounts Payable transactions in a timely and accurate fashion including checking and validating AP batches, reviewing Online Banking Database for all Payees, entering Payments Online RBC, and monitoring bank balances and preparing bank reconciliations;
• Conducting monthly reconciliation of the Purchase Order Sub-ledger to General Ledger by reviewing POs receipted for more than 30 days that remain unpaid and liaising with departments/units/Admin stakeholders to resolve, cancelling POs, and maintaining records of Commitments and Contracts;
• Conducting monthly analysis of prepayments by reconciling account sub-ledger to the General Ledger, reviewing prepayment transactions over 3 months old and liaising with stakeholders to resolve, maintaining a spreadsheet of subscriptions, and updating and posting journals to expense amounts;
• Executing timely and accurate processing of fixed assets of the University and its departments, updating the detailed schedule of fixed assets and accumulated depreciation, and conducting fixed asset counts;
• Providing operational support to the wider Finance Unit by assisting with running system reports as a point of reference for Accountants, preparing journal entries, and preparing accounting schedules;
• Assisting the University team with any other duties as required, including deputizing for the Senior Accountant on occasion;
• Engaging in a confidential and professional manner regarding all conversations, written and electronic information concerning students in accordance with UCCI’s privacy and legal requirements;
• Complying with the procedures outlined in the most current versions of the Public Management and Finance Act and the Public Authorities Act;
• Performing other duties as assigned by the Finance Manager, Vice President – Business & Operations, or their designee.

Compensation

Employer-covered medical; co-contributory pension and annual leave.

How to apply

Submit the UCCI application form along with a CV and cover letter to recruitment@ucci.edu.ky. Application forms are available at www.ucci.edu.ky.

Deadline

Only shortlisted candidates will be contacted. Caymanians/Caymanian Status, persons married to Caymanians and holding Permanent Residence are preferred.