Theresa Noel

Accountant

The primary responsibilities include providing accurate and timely financial reports, monitoring budgets and cost controls, maintaining internal control systems, developing strategies for long-term financial health, and supporting senior management in decision-making.

• Financial reporting: Your role in preparing and maintaining financial reports, such as balance sheets, income statements, and cash flow statements, is crucial to our company's financial health and success.
• Budgeting: Your strategic thinking and planning skills will be put to the test as you create and manage the company's budget, incorporating historical data and investigating variances.
• Risk management: Your keen eye for detail and ability to think ahead will be crucial as you identify, assess, and manage the organization's financial risks in daily routine business transactions.
• Compliance: Ensuring the company adheres to all relevant laws and regulations with the Inland Revenue Department, GARFIN, AML/CTF Commission, FIU, Financial Institutions, Legal Framework, and Other regulatory bodies.
• Internal controls: Creating and monitoring company policies, procedures, and internal controls to safeguard company assets and reduce fraud through continuous monitoring.
• Financial strategy: Developing financial strategy, including risk minimization plans and opportunity forecasting.
• Leadership: Mentoring and managing the accounting and financial staff.
• Financial analysis: Your comprehensive financial analysis and interpretation of financial data to identify trends and potential challenges play a key role in shaping our company's future decisions and strategies.
• Tax compliance: Your role in examining financial records and ensuring correct tax assessments, as well as staying abreast of tax laws and rules, is vital for our company's legal compliance and financial stability.

· Oversee accounting activities and ensure that ledgers accurately reflect money coming in and out of the company. Based on accounting data, strategic controllers also impact decision-making, forecasting, and budgeting at the company level.

Principal Representative Responsibilities

· Develop and implement financial strategies, policies, and procedures to ensure compliance with regulatory requirements and company objectives.

· is to act as the primary point of contact and decision-maker on behalf of the company, overseeing specific projects or interactions with clients while ensuring compliance with regulations and representing the company's interests in the state of Grenada, effectively acting as the "on-the-ground" leader for NAGICO Insurance (Grenada) Limited.

• Client Relationship Management: Building and maintaining strong relationships with key clients, acting as the primary liaison for communication and addressing concerns.
• Project Oversight: Managing specific projects from initiation to completion, ensuring adherence to deadlines, budget, and quality standards.
• Decision Making: Making informed decisions on behalf of the organization within the state of Grenada, considering potential risks and implications.
• Compliance Monitoring: Ensuring adherence to relevant regulations, legal requirements, and company policies within business operations.
• Reporting and Communication: Regularly update the Board Of Directors and Management on project progress, key client interactions, and potential issues.
• Stakeholder Engagement: Building and maintaining relationships with relevant stakeholders, including partners, vendors, and internal teams, to facilitate project success.
• Financial Services: Representing premium financing company in interactions with customers, and regulatory bodies.
• Legal Practice: Acting as the main point of contact for the organization, managing legal matters, and overseeing progress reports from attorneys.
• Insurance Industry: Monitoring the compliance of the company with regulatory requirements and measuring against industry standards.
• Management Accounts: Prepare monthly management accounts for review by the Branch Manager and Board of Directors to assess the company's monthly performance. Prepare quarterly BOD reports, including Accounts Receivable Reports reported by aging and collection targets.

Oversight assistance to NAGICO Insurance (St. Lucia) Ltd and St. Vincent Insurances (Vinsure) in the following areas – 20% dedicated time.

St Lucia

· Review and approve Journal entries before they are posted to the General Ledger.

· Render assistance with reconciliations of Banks, Accounts Receivables, Accounts Payables, and Tax liability accounts as needed.

· Assist with Reporting (Loss Ratios, Production information by Line of Business as necessary.)

· Assist with the preparation of the financial statements.

· Assist with the preparation of the Filings for Regulators and external auditors.

St. Vincent

· Communicate with Regulators and external auditors.

· Any other functions as they become necessary.

Highlight skills in preparing financial statements, reconciling accounts, analyzing financial data, managing budgets, ensuring compliance with accounting standards (like GAAP), performing cost analysis, and effectively communicating economic information to stakeholders.

• Financial Posting: Prepare asset, liability, and capital account entries by compiling and analyzing account information. Document financial transactions by entering account information.
• Reporting and Communication: Analyze accounting options to recommend financial actions; collect information to summarize current financial status; prepare balance sheets, profit and loss statements, and other reports; and substantiate financial transactions by auditing documents.
• Internal Controls: Maintain accounting controls by preparing and recommending policies and procedures, guide accounting clerical staff by coordinating activities and answering questions, reconcile financial discrepancies by collecting and analyzing account information, secure financial information by completing database backups, verify, allocate, post, and reconcile transactions.
• Account Reconciliation: Your role in verifying and reconciling accounts is crucial in maintaining accurate financial records. This ensures the production of error-free accounting reports and the presentation of their results, which is a key aspect of financial transparency and trust. Your ability to analyze financial information and summarize financial status will provide valuable insights for decision-making. Your technical support and advice on management, as well as your review and recommendations for modifications to accounting systems and accepted accounting procedures, will be instrumental in the financial health of the organization.
• Communication and Compliance: The role involves communicating standards-setting and forecast processes, and providing valuable input into the department's goal-setting process. It also includes preparing financial statements and producing budgets according to schedule, directing internal and external audits to ensure compliance, Planning, assigning, and reviewing staff's work, and supporting the month-end and year-end close process.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls. This is a key aspect of the role, as it ensures the organization's financial health. Effective communication with clients And positive interactions with client personnel are also important, as is regular communication with the Manager or Director on work status and client issues that arise.

· Performs special projects as necessary.

· Inputs journal entries. Places stop payments and issue replacements.

· Maintains files of journal entries, bank reconciliations, cash receipts, cash disbursement, and canceled checks.

· Helps with other miscellaneous jobs in the department.

• Reconcile financial discrepancies by collecting and analyzing account information

· Verify, allocate, post, and reconcile transactions

· Support month-end and year-end close processes and closings.

· Prepare journal entries and check the accuracy of the General Ledger accounts.

Develop and document business processes and accounting policies to maintain and strengthen internal controls.

Maintains files of journal entries, bank reconciliations, cash receipts, cash disbursements, and canceled checks. Helps with other miscellaneous jobs in the department.

• Managed accounts receivable and payable, reconciled bank statements, and prepared financial reports.
• Presented audit results to management teams, delivering information in non-technical terms for easy understanding.
• Maintained accurate accounts for cash, fixed assets and other transactions.