Financial Accountant- in Bahamas

Oxford Recruitment
10 Nov 2017
16 Nov 2017
Contract Type
Full Time

Financial Accountant

Reports to: CEO Company's Corp

Location: Company's Corp, Bahamas

Company: Company's is a leading multi-asset brokerage and is expanding its international operations setting up a subsidiary in The Bahamas.

Job Purpose: Responsible for all Finance operations of The Bahamas entity, providing support to the business and ensuring that all areas relating to financial accounting are fully compliant with industry standards and regulations. The position will be supported from Company's' group Finance function in the UK.

Roles & Responsibilities

Main duties

  • Overall responsible for the Finance function
  • Prepare monthly management accounts for finance group function and ensure they are delivered accurately and timely
  • Prepare annual statutory accounts and audit tasks
  • Ensure compliance with local regulations
  • Ensure filings of regulatory returns
  • Prepare and post accounting journals
  • Ensure all invoices are appropriately authorised, allocated and approved
  • Account for the correct treatment of VAT
  • Monitor and manage petty cash
  • Perform daily reconciliations of corporate nostro accounts
  • Monitor liquidity and produce weekly cashflow
  • Budget planning
  • Improve existing process, policies and procedures
  • Provide reports and management information on request from Group finance function
  • Process local Payroll in accordance with local regulation

Qualifications required

  • Fully Qualified accountant
  • Accreditation to the institute of accountants

Essential skills

  • Solid experience working in the financial sector
  • Candidate must possess strong communication skills
  • Must have exceptional attention to detail, accuracy and numeracy skills
  • Strong MS Office skills, especially Excel
  • Up to date accounting knowledge
  • Ability to work to tight deadlines and timescales

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