Jobs in Accountancy & Audit

Company: Major Bermuda based banking institution
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application to: jobs@bermuda4u.com

Job Description:

The candidate will be expected to take a lead role in the financial planning activities, financial reporting, budgetary analysis, and other general research activities in the Retail and Corporate Banking Division of the company.

Core responsibilities include:-

• Planning for and preparing quarterly and annual financial forecasts.
• Performing a review of actual performance against forecasted on a monthly basis and providing corrective action proposals.
• Review and control of Income and Expenditure items and actively provide suggestions for corrective action to VP’s and SVP’s.
• Timely preparation of required regulatory reports.
• Liaise with auditors (internal & external).
• Prepare ad-hoc reports as requested by senior management.

Requirements:

• A bachelor’s degree in Business or a related field, plus financial services experience.
• A Professional Accounting Qualification.
• Knowledge of bank services and products.
• Research/Presentation skills.
• Excellent verbal and written communication skills.
• Proficiency in Microsoft Office Applications and accounting applications.

Company: A leading Bermuda-based financial services institution
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application To: jobs@bermuda4u.com

Job Description:

Reporting directly to the Managing Director you will be required to assist in the evaluation of potential investments. You will then pass your decision on to the advisors within the firm. As part of the evaluation process you will prepare discounted cash-flows, appropriate benchmarking and transactional analysis. You will also be expected to conduct appropriate due diligence and research.

Remuneration for this role will be in the range of US$75k to US$90k depending upon experience. Plus an annual bonus and suitable relocation assistance if applicable.

Requirements:

• A business degree is required.
• Up to level 1 or 2 CFA.
• Financial modeling experience.
• Prior experience in an analytical role in the securities industry.

Company: Financial Services Company
Open: Bermudians and non-Bermudians
Closing date: Open
Send application to: jobs@bermuda4u.com

Our client is a leading financial services company headquartered in Bermuda. They have a job vacancy for an Internal Auditor to work within a small audit team. Work will involve planning, organising and carrying out internal audit engagements to ensure compliance with the company’s internal policies and relevant regulations.

Job Description:

Duties include:

• Planning, organising, and conducting risk-based financial and operational audits
• Producing quality reports detailing risks and agreed actions
• Documenting systems and procedures
• Liaising with external auditors
• Identifying opportunities to reduce costs

Requirements:

• Degree level education
• Qualified accountant or internal auditor
• Knowledge of financial services and Sarbanes-Oxley desirable
• Strong relationship management skills

Company: Fund Administrator
Open: Bermudians and Non-Bermudians
Closing Date: Open
Send Application to: jobs@bermuda4u.com

Job Description:

Our client is Bermuda based fund services provider establishing a new office on the Isle of Man to add to its growing world-wide portfolio of eight offices. They require Fund Accountants and Senior Fund Accountants to join their new team. Reporting to your Account Manager key responsibilities include but are not restricted to:-

• The preparation of NAVs’s to pre-arranged deadline.
• Ensuring all transactions are accurately recorded and accounted for appropriately.
• Perform appropriate reconciliation procedures on fund data.
• Effective liaison with clients and ensuring client queries are responded to on a timely basis.
• Effective liaison with the external auditors and other regulatory bodies.
• Ad hoc projects as assigned by management.

Requirements for the role include:-

• Prior experience in a similar role is an advantage.
• 2-3 years experience in a similar role is required for the Senior Fund Accountant role.
• An accounting qualification is an advantage.
• Above average communication skills are required both written and verbal.
• Above average interpersonal skills are a must.

The Isle of Man has a low-tax regime with the top rate of tax currently at 18%. The island also offers good travel links situated between Ireland and the UK. Appropriate relocation assistance will be provided to the successful candidate.

Company: A specialized Construction Company
Location: Mozambique
Remuneration: $8000
Contract/Permanent: Permanent
Send application to: sharon@bermuda4u.com

An opportunity exists for an experienced Financial Manager/Controller to join a well established, Leading Construction Company.

Duties include:

• Build relationships with External financial stakeholders and Internal financial stakeholders
• Financial Analysis
• Contribution to developing and implementing strategic direction for company
• Day to day managing of accounts department staff including annual appraisal and recruitment as necessary.
• Develop and implement as required a cross training programme for all administration personnel to ensure that there is adequate cover for each accounts and administration position within company.
• Ensure that an appropriate filing system for records is accurately maintained to support the Accpac accounting package.
• Attend management meetings.
• Oversee the company’s secretarial filing system
• Supervise preparation of AP ledger, AR ledger, Payroll ledger, Inventory ledger and order entry ledger and maintenance thereof.
• Supervise maintenance of asset register.
• Calculate and account for depreciation of assets on a monthly basis and prepare necessary depreciation journal entries for capture in Accpac.
• Ensuring company operates expenditure authorization procedures (including expenses reimbursement).
• Supervision of monthly bank reconciliations and checking that all control accounts are square including sales ledger, purchase ledger, IVA account, IRPS, INSS and Modelo E.
• Supervise monthly statutory returns.
• Manage company debt collection and credit control.
• Supervise accounting of payroll and payroll annual returns.
• Preparation of annual accounts files for auditors and oversee drafting of statutory accounts.
• Management of external accountants, auditors and other professional service providers relating to the company’s financial affairs
• Manage the preparation of quarterly and annual financial statements
• Assist GM with effective communication/ reporting of company’s financial performance to the company stakeholder making best use of information technology.
• Oversee the finalization of annual returns by the company’s statutory accountants.
• Audit the quality of records being kept and standard of filing system in the accounts department.
• Regularly check and randomly audit cashbooks in Excel currently being managed by treasury and payments clerk.
• Audit the company petty cashbox/ safe currently being managed by the treasury and payments clerk.
• Review bi-monthly manual cash flow plan.
• Prepare monthly management accounts
• Provide directors/senior management team with answers to ad hoc requests for financial analysis.
• Develop, implement and operate systems and procedures to ensure integrity of accounting information and safe custody of assets, including procedures to eliminate and detect fraud or theft of company assets.
• Develop and implement daily operational financial controls at head office and on various sites, including accounting, reconciliations and payments
• Co-ordinate annual preparation of detailed financial budgets and cashflows

Requirements:

• Accounting Qualification
• IFRS experience
• Mozambican accounting experience
• Audit experience
• Read, Write, Speak - Portuguese
• Experience with Accpac Small Business Edition
• Experience in construction accounting and financial management
• Keen eye for detail, but also looking for a more strategic role – involved in the broader aspects of the business including IT and legal
• Read, Write, Speak - English
• Computer literacy
• The ability to communicate with all financial stakeholders including accountants, bankers, lawyers and tax authorities

Company: Reinsurance Company
Open: Bermudians and non-Bermudians
Closing date: Open
Send application to: jobs@bermuda4u.com

Our client, a fast growing Bermuda-based reinsurance company require a Head of Finance. The successful candidate will play an important, pivotal role in the business and, in addition to managing the day to day operations of the finance function, will work with the board to drive the business forward.

Job Description:

Duties include:

• Preparation of management and statutory accounts
• Monitoring, measuring, and forecasting business performance
• Overseeing a small finance team
• Preparation of statutory returns
• Liaison with 3rd parties (auditors, regulators etc.)
• Implementing systems and internal controls to minimise exposure to risk

Requirements:

• Internationally recognised accounting qualification (CA, ACCA, CGA etc.) plus a minimum of 8 years’ post qualification experience in a financial environment, preferably insurance or reinsurance
• Excellent knowledge of US GAAP
• Highly IT literate
• A proven track record in initiating and leading projects
• Strong people management skills
• Personable, approachable, and able to communicate effective with all levels of staff

Company: Captive Manager
Open: Bermudians and Non-Bermudians
Closing date: Open
Send application to: jobs@bermuda4u.com

Job Description:

Our client, a globally renowned leader in risk management and captive insurance, is urgently seeking an Account Manager, a key requirement for this role is the ability to speak both English and Spanish. The role will require liaison with key employees from many large corporations around the globe.

The successful candidate will:

• Manage the financial reporting of a portfolio of captive insurance companies.
• Produce accurate management accounts and any other financial data as required on a timely basis.
• Be a team player and oversee the work of junior staff members including other qualified finance individuals.
• Carry out other special project work as requested by senior management.

Job Requirements:

• CA/ACA/ACCA or equivalent.
• Strong level of experience in the production of financial statements.
• FLUENT SPANISH AND ENGLISH LANGUAGE SKILLS ARE ESSENTIAL.
• Experience of captive management is an advantage.
• Client focused with highly developed communication skills.
• Highly computer literate and familiar with Microsoft applications.