Accountant, 3rd Party Transactions (FMG/PA 1)

Summary

The incumbent is responsible for processing payments to third parties and expenses to be reimbursed to FID approved Staff, Payroll processing for FID Staff and Petty cash. 💰Salary Range: $3,501,526 - $4,709,163 JMD per annum.

Responsibilities

• To ensure the integrity of the FID General Ledger and sub-ledgers, and that the accounting for FID’s business transactions is in conformance with GOJ Accounting Standards, IAS (International Accounting Standards) and IPAS (International Public Sector Accounting Standards) and meets internal service standards.:

  • • Conducts maintenance of Vendor and Business Partner Master Data in the accrual accounting system;
  • • Records Cash seizures, Pecuniary Penalty Orders (PPOs), restraints with seizure against BPs;
  • • Invoices BPs for the cost of services provided;
  • • Reconciles Receivables and Payables sub ledger to control accounts;
  • • Produces periodic Receivables and Payables analyses;
  • • Accounts for PPOs;
  • • Accounts for the proceeds of Asset disposal ;
  • • Accruals of interest earned to BP balances held;
  • • Accounts for returns against “Fund Balances”;
  • • Pays over funds to the Accountant General for the consolidated Fund;
  • • Pays over funds in keeping with instructions for the return of seized cash;
  • • Ensures that salary is correctly computed by the system and any differences/errors found are promptly corrected;
  • • Ensures that all statutory deductions and other authorised deductions are made and paid over promptly;
  • • Ensures that annual returns such as Income Tax, N.I.S and N.H.T are made promptly after the end of the year;
  • • Performs any other duties.

Required Skills

• • Flexibility & Adaptability
• • Problem Solving & Critical Thinking
• • Stewardship Responsibility & Accountability
• • Communication
• • Teamwork
• • Emotional Intelligence
• • Relationship Building & Networking
• • Innovative Thinking
• • Results-Oriented

Qualifications

• • AAT Level 3 or;
• • ACCA-CAT Level C/ level 3 or;
• • ACCA Level 1 or;
• • Diploma in Accounting from an accredited University or Community College or;
• • ASc. Degree in Business Studies/ Management Studies/ Business Administration from an accredited tertiary Institution or;
• • ASc. Degree in Accounting MIND or;
• • Diploma in Government Accounting, MIND, Government Accounting levels 1,2 &3 or;
• • BSc. Degree in Accounting/ Management Studies with Accounting or BBA Degree from an accredited University.

Additional Information and Instructions

• Special Conditions Associated with the Job:

  • • There are no significant personal security risks associated with performing this role;
  • • May be required to work beyond the normal working hours;
  • • May be required to work on weekends and public holidays.

Applications accompanied by résumés should be submitted no later than Tuesday, March, 4th, 2025 to: Senior Director, Corporate Services Financial Investigations Division 1 Shalimar Avenue Kingston 3 ✉️ Email: careers@fid.gov.jm ℹ️ Subject: Accountant, 3rd Party Transactions (FMG/PA 1) Please note that only shortlisted applicants will be contacted.

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