MIMRA is in NEED OF QUALIFIED APPLICANTS to fill up the position of: Chief Accountant/Corporate Service and Market Accountant
The Marshall Islands Marine Resources Authority (MIMRA), is the regulating agency for fisheries activities in the Marshall Islands. MIMRA is requiring the services of an experience Chief Accountant and a Market Accountant to be responsible for financial management implementation and oversight.
The Chief Accountant/Corporate Service based in Majuro will be responsible for undertaking the financial management, recording and reporting aspects of the Marshall Islands Marine Resources and will be responsible for ensuring all financial transactions and reporting requirement conformed with the requirements of the RepMar.
The Market Accountant shall also be based in Majuro but from time to time will be required to travel to the other Fisheries Market based on the outer-islands.
QUALIFICATIONS (Chief Accountant & Market Accountant)
Must possess a Bachelor of Accountancy degree from a reputable college or university, preferably a Certified Public Accountant (CPA) Board passer. A post-graduate qualification though not required is an advantage. At least five (5) year experience in a government or multi-disciplinary environment and be responsible of all reportorial requirement of the Agency. Competent in using Quickbooks Accounting software or similar database systems. Must have experience in internal audit and preparation of payroll and shall be a team player.
DUTIES and RESPONSIBILITIES (Chief Accountant)
- Maintain and oversee the day-to-day operation of the Finance Division, e.g. Accounting, Planning and Reporting functions of the Agency, including maintaining appropriate financial records and supporting documentation of all project income, expenditures and other transactions that meet audit requirements;
- Prepares annual short-term planning and/or budget, and prepare budget policies, guidelines and timetable in accordance with the Agency’s requirement for administration and operation;
- Monitoring cash flows for the Agency and prepares cash analysis on a monthly basis;
- Prepares quarterly financial statement as required or as the need arises;
- Review, formulates and implement internal control procedure and formulate new procedure to enhance existing policies;
- Supervise and train Accounting/CSD staff (as well as other staff as the needs warrant);
- Perform monthly reconciliation of all accounts needing one and ensure that all accounts and related financial records is done on a timely basis;
- Performed other duties that may be assigned from time to time;
- Detailed duties and responsibilities will be presented to the qualified during the interview.
DUTIES and RESPONSIBILITIES (Market Accountant)
- Oversee the day to day operation of the market and check everything is in order specially the processing of check payments and ensure that only one of the signatory(s) of the check shall be one from the market and one from the MIMRA office;
- Ensure that funds for each Project are accounted for properly deposited to the designated bank account. Prepares daily sales report and ensure that all deposit slips are attached to report;
- Monitor charges from employees and list all receivable to be submitted to the MIMRA office for payroll deduction;
- Prepares monthly bank reconciliation and other accounts that need to be reconciled;
- Prepare the quarterly Financial Reports or as the need arises, and provide accurate financial information at such other times as requested for management and review purposes;
- Contribute to an effective team operation within MIMRA by assisting other staff in the execution of the their duties, attending and participating in project team meetings, close liaison with other developmental programs within MIMRA and identifying ways to improve the efficiency, accountability and performance of the project;
- Assist with the preparation of annual budgets for both MIMRA and the market (OIFMC and KAFMC) in coordination with the work plan and procurement plan;
- Performed any other tasks deemed necessary.
DURATION OF THE POSITION
The position will be for an initial two (2) year period with a probationary period of six (6) months. An annual performance review will determine whether the contract will continue. This is a full time position and may be extended based on satisfactory performance.
Deadline of submission – February 28, 2020.