Job title: Finance Manager
Status: Exempt
Department: Finance and Accounting
Reports to: Financial Controller
Subordinates: (3) A/P Administrator, A/R Officer, and Payroll Administrator
Grade: “J”
Salary Range: KYD $67,260 – KYD $88,248 Per Annum
Job Purpose:
The Finance Manager supports the company goals and initiatives through a strong and innovative accounting strategy across all CTCEC Business units. This role is responsible for reporting to the Financial Controller for such day-to-day areas relating to maintaining the Centre’s accounting books and records as agreed by the Financial Controller.
Dimensions:
The Finance Manager also will be responsible for the work of three administrative staff and overseeing that their work is properly allocated and completed in a timely and accurate manner. This position requires adherence to tight reporting deadlines and accounts preparation activities including general ledger maintenance and production of working papers for the Financial Controller’s review.
Essential skills, experience, knowledge and qualifications:
- BA or BSc from an accredited educational institution
- CPA/ACCA/ACA designation(s) or master’s degree in accounting.
- A minimum of five years of progressive Finance and Accounting Management experience.
- Effective and strong interpersonal and analytical skills.
- Experience working in a very fast-paced environment. Strong attention to detail.
- Experience in business administration processes, including budget, forecast and cash management.
- Knowledge about accounting information systems development and concepts.
- Familiarity with PFMA, IFRS, PSMA, labor, pension, health insurance, and other related legislation and regulatory frameworks.
- Experience in Accounting Management software.
- Proficient in Excel, Word, and excellent report writing and internal communication skills.
Principal Accountabilities:
- Oversee the work of the Accounts receivable and Accounts payable administrators.
- Can make recommendations to the Financial Controller regarding work allocation and processes as seen fit.
- Monthly financial data is imported from ABRA, Aloha, and Counterpoint into Sage 300.
- Follows up with Managers and Executives to ensure purchase order bookings and accuracy of Ledger codes used.
- Review of vendor payment schedules for accuracy of amounts and banking details prior to giving them to the Chief Financial Officer to sign off.
- Ensuring settlements and remittances are matched to payables and receivables.
- Maintain fixed asset register and calculation of depreciation charges.
- Ensure completeness of accruals and accuracy of prepayments
- Ensure all bank accounts are reconciled monthly and posted into Sage 300.
- Carry out month-end procedures (month-end journals and supplier statement reconciliations, sub-ledger distributions, etc.).
- Respond to audit fieldwork enquiries as delegated by the Financial Controller.
- Prepares reports or directs preparation of Collections Reports to ascertain the status of collections and receivable balances outstanding with support from the A/R Officer.
- Review the accuracy of monthly gratuities & tips reports presented by Food & Beverage Manager prior to submission to the Financial Controller
- Perform annual performance evaluations of the three-accounting administrators and work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.
- Support other departmental Managers when in need of financial information or analysis.
- Other related duties as assigned or necessary.
Accountability and Decision-Making:
This position’s work is evaluated for compliance with technical standards and conformity to organizational policy. Receiving nominal direction regarding work responsibilities, discretion and judgment in decision-making. Leads and directs activities fully impacting on a department.
Development and Leadership of Others:
This position is directly responsible for developing and leading the Accounts Payable Officer, Accounts Receivable Officer, and Purchase Order Clerk.
Physical demands and work environment:
The physical demands and work environment characteristics described here are representative of those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
- Physical demands: While performing job duties, employees are occasionally required to stand, walk, sit, use hands to finger, handle, or feel objects, tools, or controls, reach with hands and arms, talk, and hear.
- Visual demands: The job requires specific vision abilities, including close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
- Auditory demands: The noise level in the work environment is usually moderate.
Work environment:
Work is generally performed in an indoor office setting. Some aspects of the job may occasionally require working outdoors or on other sites as such needs arise.
Impact:
Activities and decisions performed under this job description have a moderate impact on operations and mission success throughout the organization in regard to operations and financial management. However, the Chief Financial Officer must approve any major decisions or activities.
Complexity:
This position requires interpretive skills and a high degree of analysis, using logical and evaluative thinking to define problems, collect information, and form valid solutions. Duties will be varied, and situations will require considerable creativity and analysis, but in general, processes and methods will be related. There are considerable opportunities for creativity and mental challenges, but procedures and job structures exist.
Responsibility for Financial/Material Resources:
This position has moderate responsibility for financial and/or material resources. This would include assisting in the oversight of procurement methods as well as inventory control for all three revenue centres.
Language skills:
Regular communication to a high standard in both spoken and written English is required. This may include occasional presentations to employees, managers, and Executives.
Certificates, Licenses, Registrations:
A valid group 2 Drivers License is required.
CPA/ACCA designation(s) may require annual Continuing Professional Education (CPE) credits to be achieved and maintained.
Compensation & Benefits:
Cayman Turtle Conservation and Education Centre offers a competitive benefits package, which includes 20 paid vacation days, 10 sick days, 2 personal days, 50% towards health insurance contributions, employee discounts for food and beverage items (excluding alcoholic drinks) and retail merchandise up to 35%, training and development opportunities, pension contributions and a long service retirement package.
This is a full-time position. Days and hours of work are on a standard schedule from Monday to Friday, 8 AM - 5 PM or with occasional requirements to work on weekends or holidays as necessary. Remuneration will be commensurate with qualifications and experience, and the starting salary will be in the range of Grade: “J” KYD $67,260 – KYD $88,248 Per Annum
General sign-off:
The employee is expected to adhere to all company policies and to act as a role model in the adherence to policies.