Accounting Clerk – Financial Reporting – The Mico University College

Accounting Clerk – Financial Reporting

Description of Role

The Accounting Clerk – Financial Reporting will be responsible for generating departmental reports pertaining to all transactions carried out throughout the year and for the provision of documents for the external auditor in keeping with the International Financial Reporting Standards (IFRS). He/she will also have responsibility for keeping financial records, preparing bills and delivering high quality customer service

Requirements

Qualifications

CAT Level 11/AAT Level 11 or similar Professional Training or Tertiary Training in Accounting
Bachelors’ degree in Accounting /Finance/Business Administration
3-4 years’ working experience in a similar position.
Extensive experience in Ledger Accounting and Financial Reporting.

Duties and Responsibilities

Generates reports for the Finance Director, President, Finance Committee, Board of Directors, external auditor, Ministry of Education and the Ministry of Finance when requested.
Prepares and manages monthly reports to submit to the Financial Accountant for Finance Department.
Prepares Year End Financial Reports containing:
- The University College’s Fiscal Facts regarding student enrolment, number of degrees awarded, faculty and staff size, total research funding, selected revenues, selected expenses, consolidated endowment fund and growth development and expansion of the university college over time.
- Draft response to Internal and External Auditor’s management letter
- Director of Finance and Planning’s discussions and analyses to include financial highlights and key results for the fiscal year, operating and non – operating revenues, operating expenses, COVID 19, impact statement, insurance charges affecting employees and university revenue, government appropriations (subventions from the Ministry of Education, Youth and Information), the university college’s financial health, elaborated information regarding endowment and other investments, capital improvements (asset acquisitions and development) debt, equity, (an indicator of financial health; difference between total assets and deferred outflows and total liabilities and deferred outflows) grants and contract revenue, primary non-grant funding sources and economic factors that may affect the future.
- Financial Statements
- Notes to financial statements (explanation of each item in the Financial Statement which will be gathered from the Director of Finance and Planning and the Receivables Supervisor).
- Schedules of required Supplementary Information
Manages the month end and year end close procedures including, Journals, accrual and payments
Reconciles intercompany balances.
Prepares Journal Entries for month end accruals and adjustments
Performs other related departmental activities when assigned by the Financial Accountant.

Interested applicants should send their cover letters and resume to:

The Director, Human Resource Department,
1A Marescaux Road,
Kingston 5

via email to themicouniversity.hrd@themico.edu.jm

Kindly indicate in the subject line, the title of the position for which you are applying in your email to us.

Only short listed candidates will be contacted.