Overview:
Our client is Barbados’ largest general
insurance provider, writing business in all areas of general insurance
including, Property, Liability, Accident, Motor, Marine, Aviation and Transit
Insurance. They also offer insurance coverage for Individual and Group Life,
Individual and Group Health, Annuities, Registered Retirement Savings Plans
(RRSPs) and Individual and Group Pensions. Due to growth, they are seeking to
recruit a proven professional with key skills to perform this key strategic
function.

As a key member of the Executive Management team, the Head
of Accounting will report to the Chief Executive Officer and assume a strategic
role in the overall financial management of the Company. The Head of Accounting
will have primary direct responsibility for financial reporting and accounting,
treasury, and audit.
This role will
bring experience leading high performing teams combined with proven business
savvy and superior statutory and IFRS knowledge.

Duties & Responsibilities:

• 
  Direct the financial reporting and accounting,
  month end close, treasury and internal audit processes.
• 
  Manage the team’s responsibility for all aspects
  of accounting including accounts payable, accounts receivable, billing,
• 
  General ledger entries, bank reconciliation,
  credit card expense report reconciliation, collections and payroll.
• 
  Prepare and present timely and accurate
  financial reports, including income statements, balance sheets, cash flow,
  statements, and other financial performance metrics internally and externally.
• 
  Manage financial reporting relationships with
  regulators, auditors, and board of directors.
• 
  Provide timely and accurate analysis of budgets,
  financial trends and forecasts.
• 
  Lead the Corporation’s processes for financial
  forecasting, budgets and consolidation through to Board approval.
• 
  Direct and develop global accounting policies,
  practices, procedures and initiatives.
• 
  Advise management of potential changes in
  accounting regulations or practices that may impact operations and reporting.
• 
  Attend Board of Directors’ meetings and other
  committees’ meetings, as required.
• 
  Develop and manage financial and accounting
  systems to achieve the strategic objectives of the company.
• 
  Lead the accounting team with a culture of
  accountability
• 
  Provide recommendations to strategically enhance
  financial performance and business opportunities.
• 
  Review and ensure the accuracy of financial
  statements.
• 
  Lead the team to research technical accounting
  issues for compliance.
• 
  Document and develop business processes and
  accounting policies to strengthen internal controls to ensure compliance with
  GAAP/IFRS and applicable local regulatory laws and rules for financial and tax
  reporting thereby ensuring the Corporations compliance with statutory reporting
  obligations.
• 
  Provide executive management with advice on the
  financial implications of business activities.

Requirements

• Completion of a professional accounting designation (CGA,
ACCA, CA, CPA or similar designation).

• Formal training in Accounting Management.

• Broad knowledge of general accounting principles,
practices and procedures.

• At least (10) ten years’ post-graduate experience in a
financial leadership role preferably in the Financial Services, Insurance or
public accounting industries.

• Previous experience in an insurance environment would be
preferred.

Possesses in-depth, up-to-date knowledge of general
accounting principles, practices and procedures.

• Possesses excellent knowledge of IFRS.

• Is proficient in Microsoft Office Suite-able to perform
complex calculations in Excel and product high quality documents and
presentations for external stakeholders.

• Ability to analyze and report on financial data to support
strategic decision-making.