Financial Control Officer (EXEMPT)

Government of the Virgin Islands

3d•Onsite

About The Position

Under the general direction of the Chief Financial Officer (CFO), the Financial Control Officer is responsible for ensuring the financial integrity of the organization by managing control processes that ensure compliance with legal regulations, accounting standards, and internal policies, while identifying opportunities for cost savings and efficiency improvements. The Financial Control Officer manages financial controls and processes to ensure accuracy, transparency, and adherence to financial reporting standards. This role manages financial reporting, monitors internal controls, and supports budgeting, forecasting, and strategic financial planning. This position requires a confidential relationship with a policymaker.

Requirements

Bachelor’s Degree in Accounting, Finance, Business Administration, or any related field with eighteen (18) credits in accounting and/or finance from an accredited college or university and three (3) years of experience in accounting, general ledger, bookkeeping, or a closely related field.
OR High School Diploma or its equivalent, supplemented by at least eighteen (18) credits in accounting and/or finance from an accredited college or university and seven (7) years of experience in accounting, general ledger, bookkeeping, or a closely related field.
Knowledge of the laws, rules and regulations and policies and procedures governing fiscal management in the Government of the Virgin Islands.
Knowledge of accounting principles and methods.
Knowledge of the Accounting Manual procedures for the Government of the Virgin Islands.
Knowledge and principles of office procedures and practices as they apply to government operations.
Knowledge of computer applications.
Skill in problem-solving and critical thinking.
Skill in research, analytics, planning and organization.
Ability to interpret and apply administrative policies, rules and regulations.
Ability to plan, organize and supervise the work of an accounting staff.
Ability to use bookkeeping principles and methods in tracing a variety of control accounts and other related transactions.
Ability to effectively use Microsoft Office Suite (Word, Excel, PowerPoint, Access, Vision, and Outlook) with high proficiency in MS Word, Excel, and PowerPoint.
Ability to speak and write clearly and concisely.
Ability to work independently and inter-personally in teams.

Responsibilities

Manages the unit financial affairs including budgeting, purchasing, accounting, accounts payable, reconciliation, and internal audits.
Participates in establishing strategic direction of the unit for the delivery of efficient financial services.
Conducts in-depth analysis of complex accounting issues, assesses their impact on the unit, and recommend solutions.
Projects the financial impacts of decisions related to department operations.
Prepares and engages in multi-year financial planning activities.
Monitors and analyzes expenses and activities, identifying and solving potential or existing financial problems.
Monitors and supervises subordinate staff to ensure compliance with the federal and local policies and the department's rules and regulations.
Ensures subordinate staff maintains control over cash receipts, deposits, and disbursements in accordance with departmental rules and regulations.
Ensures timely reconciliation of all accounts.
Reviews budgets and reports from the various operating units and prepares data for the Director's approval.
Supervises the maintenance of expenditure and budgetary controls, preparing necessary reports on accounts status.
Prepares reports by collecting, analyzing and summarizing information.
Maintains financial records and documentation of accounting activities.
Develops work plans and timelines to ensure timely submission of financial and accounting reports.
Perform other related duties as required.