BACKGROUND

CA Maldives is the statutory body mandated with regulating and developing the accounting profession of the Maldives. The Institute is also mandated with developing accounting and auditing standards applicable for the private sector and issuing licenses to provide audit and assurance services in the Maldives. The Institute was established on 8th September 2020, following the ratification of the Maldives Chartered Accountants Act (13/2020), by the President.

The Institute is looking for an individual for the post of Executive Associate, Finance to join our team.

SCOPE OF WORK 

• Ensure that all financial transactions are accurately recorded in the accounting system in a timely manner.
• Review payment requests to ensure they comply with internal policies and procedures before processing for payment.
• Assist in the preparation of the Institute’s budget and monitor expenditures against budgets.
• Prepare and update cash flow forecasts on a regular basis to assist with financial planning and decision-making.
• Reconcile bank accounts, including petty cash and other advances, to ensure accuracy and completeness.
• Maintain an accurate and up-to-date record of fixed assets in accordance with relevant policies.
• Prepare financial statements, including required notes, in accordance with IFRS.
• Collaborate with external auditors and prepare the necessary documents required for the audit.
• Implement audit recommendations to improve financial processes.
• Conduct cash flow analysis and projections.
• Prepare and post appropriate journal entries, including reversal journal entries.
• Assist in developing necessary policies and procedures of the department.
• Ensuring that all record-keeping and accounting and reporting processes are completed in accordance with generally accepted accounting principles (GAAP).
• Ensure enforcement of the Institute’s financial policies and standard operating procedures.
• Enforce appropriate internal controls and develop procedures to ensure effective accounting and control functions.
• Attend general administrative tasks if and when required.
• Provide support for ad hoc requests as required by the supervisor.

QUALIFICATIONS

• Bachelor’s Degree or MNQF Level 7/8 Qualification in relevant field (prior experience in finance will be preferred)

(OR),

• Diploma in relevant field with over 2 years of experience in relevant field

DESIRED SKILLS, CHARACTERISTICS AND COMPETENCIES

• An interest to build a career in accountancy
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication skills in English and Dhivehi (Written and verbal)
• Proficiency in using Microsoft Office products (Word, Excel, Outlook, and PowerPoint)
• High sense of confidentiality, initiative, and good judgment
• Ability to remain professional when facing challenges
• Ability to manage multiple tasks simultaneously
• Willingness to learn, become familiar with new technologies, and uphold work quality
• Ability to work with little direct supervision and in team settings
• Strong verbal, written, and interpersonal communication skills across a variety of audiences and mediums, including presenting both in person and virtually

COMPENSATION

• Remuneration: 13,500 - 15,000

Based on qualifications and experience

HOW TO APPLY

Interested candidates, please apply for the position via email – [email protected]

• Curriculum Vitae (CV)
• Copy of National Identity Card (both sides)
• Accredited copies of academic certificates
• Past employment reference letters
• Police report

DEADLINE

20^th November 2023, before 15:00

IMPORTANT NOTES TO APPLICANTS

• Incomplete applications will be rejected without further notice.
• Only short-listed candidates will be notified of the interview.
• Open for Maldivians only.

For any additional queries, please contact 3348234 or 7223793.