Job Purpose:
To ensure the Company's bank and loan accounts in the General Ledger accurately reflect bank balances.
Major Responsibilities and Accountabilities:
* Prepare reconciliation of the following bank accounts monthly by the end of the third week of the following month:
o Scotiabank US,TT and Euro accounts
o Citibank US,TT and Euro accounts
o RBL US, TT and Euro accounts
o RBC US and TT
o FCIB US and TT
* Propose adjusting entries journal for upload based on the reconciliations for review and approval by the Financial Accountant or Senior Finance Manager
* Ensure adjusting journal entries based on review are posted by the 25th of the following month.
* Correspond bi-monthly with the Accounts Receivable Team on un-cleared deposit bags and returned cheques.
* Correspond bi-monthly with Accounts Payable Team on bank debit/ ACH with no associated General Ledger and vice versa.
* Correspond bi-monthly with Accounts Receivable, Accounts Payable and General Ledger Teams on bank credits with no associated General Ledger for identification.
* Perform relief function to prepare and maintain the loans sub-ledger monthly ensuring all repayments and allocation between principal and interest are accurately recorded by the first working day
* Perform relief function to calculate accrued interest accurately and ensure recorded in the general ledger
* Perform relief function to ensure loans sub-ledger and interest accrual agree to the sub-ledger by the first working day of the month
* Assist the Financial Accountant with analysis and preparation of the six-week rolling cash flow forecast as required.
* Provide relief to the Senior Accounting Assistants as required
* Prepare monthly General Ledger reconciliations as requested by the Financial Accountant or Senior Finance Manager.
* Maintain an efficient filing system to allow for easy retrieval and processing
Knowledge and Experience:
* Completed CAT/FIA/BSc and/or currently pursuing ACCA Level II or Level II CIMA or equivalent
* A minimum of three (3) years' experience in a similar role
* Knowledge of an Accounting software package
* Strong proficiency in Microsoft Office applications
Key Competencies:
* Excellent numerical skills
* Excellent attention to detail
* Good organisation and administrative skills
* Must be flexible, honest and reliable