Financial Controller
- Experience
- Senior level · 7+ years
- Education
- Bachelor's degree
- Location
- New Providence, Bahamas
- Work arrangement
- On-site
- Employment type
- Full-time
- Department
- Finance and Accounting
- Category
- Accounting & Finance
- Industry
- Accounting & Finance
- Experience
- Senior level · 7+ years
- Education
- Bachelor's degree
- Openings
- 1
About the role
This is a senior leadership role in finance for a government corporation in The Bahamas, based in New Providence. The Financial Controller will serve as the corporation's senior accounting officer and take ownership of its accounting records, financial reporting and control environment. Day to day, the role covers the full accounting cycle: keeping the books in order, closing each month and year on time, preparing financial statements, and putting together the reporting package used by the Audit Committee and the Board. The controller will also act as the main point of contact for the external auditors, look after cash and banking arrangements, and help shape budgets and explain differences between planned and actual results. The work must meet the requirements of the TDC Act, the Public Finance Management Act and the corporation's procurement rules. The successful candidate will lead the accounting team and work closely with the Executive Director and Chief Executive Officer, with a direct reporting line to the Audit Committee on financial matters.
Responsibilities
- Own the corporation's accounting records, ledgers and supporting documentation, and keep them complete and up to date. - Lead month-end and year-end closing, and prepare accurate financial statements on schedule. - Prepare the financial reporting package for the Audit Committee and the Board. - Act as the main liaison with the external auditors and support the audit process from planning to completion. - Oversee cash management, banking arrangements and day-to-day treasury activity. - Maintain and strengthen internal controls, and review accounting policies and procedures. - Support budgeting, forecasting and variance analysis, and explain significant differences to management. - Supervise the Senior Accountant and, through that role, the wider accounting team, including Staff Accountant, Junior Accountant, and Accounts Payable and Accounts Receivable Associates. - Ensure compliance with the TDC Act, the Public Finance Management Act and applicable procurement requirements. - Report administratively to the Executive Director / Chief Executive Officer, with functional accountability to the Audit Committee.
Requirements
Professional accounting designation (CPA, ACCA, CA, or equivalent) and a bachelor's degree in accounting, finance, or a related field. At least seven years of progressive accounting experience, including financial reporting and external audit. Working knowledge of IFRS and of internal controls, and proficiency with QuickBooks, the corporation's current accounting system. No citizenship or residency restriction is stated in this listing.
Preferred qualifications
A master's degree in accounting, finance, or a related field. Public-sector experience or experience with Public Finance Management Act requirements.
Skills
Nice to have:
How to apply
- Select Apply now.
- You are taken to Government of The Bahamas (Corporation under the TDC Act)’s own application page to send your application.
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