Reconciliation/Accounts Officer

Reconciliation/Accounts Officer

Company Summary:

Island Companies Ltd (ICL) is a dynamic duty-free and travel-retail company with a 46-year history on the prestigious western Caribbean Island of Grand Cayman. Strongly focused on jewellery and watches, ICL specialises in designer branded jewellery from fashion to luxury and non-branded jewellery heavily focused on diamonds and coloured stones. Our watch business is strongly represented with top brands from fashion to sport, prestige, and connoisseur categories. ICL also features designer sunglasses, accessories, clothing and cigars.

ICL has 14 locations on the island Grand Cayman, 6 of which are significant watch and jewellery stores. The company has over 80 employees and we are a part of the Active Capital Ltd. group of companies, a division of Dart Enterprises and strongly positioned for continued future growth in the Cayman Islands and throughout the region.

Position Summary:

Reporting to the Accountant, the Reconciliation/Accounts Officer will be responsible for the following:

Accounts Payables Functions

Communicating with vendors on invoice and payment queries

Posting Invoices

Preparing Vendor statement reconciliation

Preparing and processing vendor payments

Investigating and resolving outstanding vendor issues

Posting daily sales and cash journals

Assist with Balance Sheet reconciliations.

Participate in store inventory counts and stock reconciliation.

Prepare adhoc reports for Accountant upon request.

Performing other ad hoc tasks as required

Requirements:

Presently pursuing Accounting Designation ACCA, CPA, CA preferred

Advances knowledge of Microsoft Great Plains accounting system preferred.

Expert working knowledge with Microsoft Excel, including familiarity with Pivot tables.

Minimum 3 years’ experience in accounting in a similar role with knowledge of US GAAP accounting principles

Experience in the retail industry and understanding of inventory accounting.

Willingness to work Saturdays and holidays, as needed.

Ability to learn and work independently in a deadline driven environment.

Proven problem solving and investigative skills.

Salary range: CI $35,000 to $40,000 per annum plus a comprehensive benefits package.