Assistant Controller Finance

Description:

The Assistant Controller is responsible for managing and maintaining the effective and efficient operation of the
accounting services. Key accountabilities include: accuracy and timeliness of expenditure disbursements; ensuring
revenue transactions are recorded to relevant accounting standards; the administration of JIBC financial management
policies and procedures; and producing financial statements to trial balance. This role serves as a bridge between
Registration Office and Finance and therefore is integral to enabling optimization of divisional relationships as well as ERP
system capabilities. Extra work hours are required to meet monthly, quarterly, and annual deadlines. The ideal candidate
is relationship oriented, skilled at building and leading teams, embraces collaboration, is consultative, and solutions
oriented. This management role requires a high self-awareness and actively seeks feedback to improve performance.

Primary Responsibilities:
• Responsible for the overall management of accounts payable, accounts receivable and related functions for the

Institute. This includes coordinating the job responsibilities to meet specified time frames/deadlines of expenditure
disbursements, the administration of financial systems, compliance with statutory accounting requirements, and
ensuring compliance to generally accepted accounting principles and relevant accounting standards (PSAS);

• Improves overall effectiveness and efficiency of accounting services;
• Prepares assigned month end and year end journal entries. Through the contributions of direct reports and position

responsibilities, accountable to produce financial statements to trial balance;

• Provides absence coverage for Controller;
• Other duties as assigned.

Revenue and Financial Accounting

• Manages the Revenue and related accounting functions and ensures the Institute’s revenue collection (student fees,

grants and other revenue) and reporting function meet statutory requirements and established Institute guidelines;

• Provides direction to staff including assessment of processes and collaboratively implementing improvements to

existing and new processes and policies;

• Manages the Institute cash handling procedures and internal control mechanisms that ensures supervisor and lead

hand positions establish proper training for subordinate staff, who handle Institute payments;

• Establishes procedures that ensure that Institute funds are properly safeguarded and accounted and is compliant to

Generally Accepted Accounting Principles (GAAP);

• Responsible for the accuracy in the Institute’s general ledger, subsidiary ledgers, and all banking records by reviewing

all reconciliations, running analysis reports, and ensuring that the necessary adjustments are amended by the line
function prior to signing off on any financial processes;

• Oversees the sales orders, invoicing and deferred revenue operations to ensure accuracy of the revenue records;

• Reviews and plans systems changes with staff to ensure system functionality, changes, upgrades and enhancements

meet the requirements of the department and the line managers.