Job Information
Budget Officers (Level 4)
Company Information
Job Information
Description
Company
Government of Jamaica
Website
http://bit.ly/GOJJobListing
Contact Name
Office of the Services Commission
Contact Email
communications@osc.gov.jm
Job Type
Full-time
Department
Ministry of Agriculture and Fisheries
Category
Accounting
Posted
28-01-2023
Job Status
Start Publishing
28-01-2023
Stop Publishing
07-02-2023
Applications are invited to fill the following vacant posts in the National Fisheries Authority: Budget Officers (Level 4) Finance and Accounts Division/Management Accounts Branch, salary range $1,151,157 $1,415,779 per annum and any allowance(s) attached to the post.
Job Purpose
Under the direction of the Senior Management Accountant, the Budget Officer (Capital Projects) – Level 4, is responsible for assisting with the operation of an effective Cash Management and Budgeting System for the Authority. Accordingly, the incumbent undertakes daily Cash Flow Management activities, including analysis of the cash flow and makes recommendations for the implementation of Cash Flow strategies. The Management Accountant/Budget Officer also compiles the raft Budget and assists with the monitoring of the Capital Budget implementation.
In addition, the incumbent assists the Senior Management Accountant with the management of all banking relationships; conducts financial, statistical, and analytical studies; prepares and assists in the preparation of Financial Reports and Statements and assists in the preparation of the Authority’s Budget.
Key Responsibilities
Technical/Professional:
- Assesses and advises management of the likely impact of problems such as late disbursements and inadequate Cash Flows;
- Suggests measures to mitigate the negative impact of changes in these macro-economic variables;
- Evaluates cost efficiencies for the Authority’s Capital Budget;
- Suggests suitable amendments to Capital Project Budget;
- Prepares a Monthly Statement of projected Cash Flows;
- Participates in financial planning and procurement decisions;
- Evaluates the need for requesting disbursement of additional funds;
- Prepares Short, Medium and Long-term financial forecasts;
- Prepares annual updates of Medium-term Financing Plan;
- Reviews financial performance each month and prepares Monthly Variance Report;
- Makes use of spreadsheets and different statistical software in order to analyse financial results and track Key Performance Indicators;
- Monitors changes in macro-economic variables such as; interest rates, inflation rates, exchange rates, fuel prices, etc and reports on the likely impact of these changes on projects, plans, programmes and financial projections of the Authority;
- Liaises with other Division/Branch/Unit Heads to compile, analyse, summarize and present the Authority’s Annual Capital Budget;
- Reviews Budget Submissions from Divisional Heads for completeness, accuracy and reasonableness Provides advice and assists in performing cost benefit analysis for proposed projects;
- Assists in the determination of expenditure priorities;
- Prepares Monthly Report of actual expenditure vs budgeted amounts. Advises management on and participates in the implementation of measures aimed at correcting adverse variances;
- Performs any other related duties that may be assigned from time to time by the Senior Management Accountant.
Required Knowledge, Skills and Competencies
Core:
- Good oral and written communication skills
- Good customer relations skills
- Good problem-solving skills
- Good analytical and judgment skills
- Good interpersonal skills
- Good team building skills
Technical:
- Sound knowledge of the GOJ Financial Administration and Audit Act. (FAA), the Public Bodies Management and Accountability Act and other relevant Acts, Regulations and Guidelines
- Sound knowledge of general accounting principles and practices
- Sound numeric skills
- Good knowledge of the Authority’s policies and procedures and the Fisheries Act 2018
- Proficiency in the use of relevant accounting software and Microsoft Office (Excel, Power-point, Word)
Minimum Required Qualification and Experience
- Association of Certified Chartered Accountant Level 2 (ACCA 11) or any equivalent recognized professional qualification in accounting or management;
- Completion of relevant Government Accounting Courses;
- Four (4) years related accounting experience.
- BSc Degree in Accounting or Management Studies or any equivalent relevant qualification from a recognized tertiary institution;
- Completion of relevant Government Accounting Courses;
- Four (4) years’ related experience in Accounting.
- Associate Degree in Accounting (MIND) along with the completion of the revised Certificate in Government Accounting;
- Six (6) years related accounting experience.
Special Condition Associated with the Job
- Periodically required to work beyond normal working hours, e.g. Budget preparation period;
- Occasional island wide traveling.
Applications accompanied by résumés should be submitted no later than Monday, 6th February, 2023 to:
Senior Director
Corporate Services Division
National Fisheries Authority
2c Newport East
Kingston 11
Email: fisherieshr@moa.gov.jm
Please note that only shortlisted applicants will be contacted.
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