Director - Economics

Summary

The Jamaica Bauxite Institute seeks to engage a qualified and experienced individual for the following position: Director - Economics 💰Salary: $6,333,301 – $8,517,586 per annum

Responsibilities

Under the supervision of the General Manager, the Director· Economics will be required to do the following:

• • Writing and presenting papers at In-house seminars, and at local and International symposia on research work at the Institute.
• • Be accountable for the coordination and monitoring of the production and export of bauxite and alumina by companies operating in Jamaica and the preparation of monthly, quarterly and annual reports of the production performance of the local industry.
• • Be accountable for the preparation of annual reviews of the operation and contribution of the local Bauxite and Alumina Industry, including analyses of foreign exchange earnings, production and export trends.
• • Co-ordinate the administration of all matters pertaining to the bauxite production levy and other taxation arrangements with the companies and liaise with the Tax Administration Department and the Bank of Jamaica for the purpose of ensuring that true and accurate records are kept of payments by the industry.
• • Co-ordinate with General Manager, Ministry of Agriculture, Fisheries and Mining, Income Tax Department Revenue Board regarding rigorous monitoring and ensuring payment of income taxes due from companies.
• • Be accountable for the monitoring of cash inflows by the bauxite/alumina companies and coordinate the preparation of reports of inflows and expenditure by the industry.
• • Maintain a system to monitor changes in the price of ingot in major markets, co-ordinate the preparation of quarterly and annual reports of the movements of the price of ingot and recommendations in the average realized price for ingot.
• • Coordinate and prepare studies and analyses of demand and supply balances for aluminum and alumina worldwide, capacity expansion, new investments and the implications of these developments for the operations of the Jamaican industry.
• • Be accountable for the coordination and preparation of analyses of supply networks of the major companies operating in Jamaica indicating the way they meet their refinery and smelter requirements for bauxite and alumina, their third-party sales options, swap and tolling options, and forecast changes in such supply options as required.
• • Coordinate and prepare annual and quarterly indicators of the performance of the major western economies, including GNP trends, rates of inflation, changes in interest and exchange rates, the performance of the major consuming industries for ingot, and any other factor which may affect demand conditions for alumina.
• • Be accountable for the maintenance of complete and accurate records of the performance of bauxite/aluminum companies and countries. Prepare annual and half-yearly reports of observed developments.
• • Prepare monthly and annual reports of the division's activities and attend to all matters pertaining to the general administration of the division.
• • Prepare and maintain an up-to-date directory of relevant local and international funding agencies, foundations, research institutions, and commercial enterprises that identifies the scope of their activities relevant to JBI, financing and operation procedures, and contact persons.
• • Formulate proposals on selected ongoing projects to meet the requirements of local and international funding agencies, foundations, research institutions, and commercial enterprises and identify funding agencies for these projects.
• • Using available information including the directory mentioned, develop strategies for marketing the services of the Institute. The marketing strategies should inter-alia identify target organizations, specify appropriate promotional activities and tools, for example, interviews, tours of JBI facilities, circulation of brochures, and video presentations.
• • Prepare terms of reference for feasibility studies where necessary.
• • Conduct research activities.

Qualifications

• • Master's Degree in Economics, Business, Law or comparable discipline (Specialized training in the field of Projects Analysis, Evaluation and Management would be an Asset)
• • interested applicant must possess at least 5 years working experience in a related senior position in the Public or Private Sector for consideration.

Additional Information and Instructions

Please reply no later than February 7, 2025 to: The Human Resource Manager Jamaica Bauxite Institute Hope Gardens Complex P.O. Box 355, Kingston 6. OR Email us at: hrd@jbl.org.jm We thank all applicants for their expression of interest. However, only shortlisted applicants will be contacted.

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