Cost Accountant (Fmg Pa 3)

WebsiteUniversity Hospital of the West Indies (UHWI)
The University Hospital of the West Indies invites applications from suitably qualified persons to fill the position of:
Cost Accountant (FMG PA 3)– Finance Department

Summary of Duties
Under the direction of the Director – Management Accountant, the individual will have overall responsibility for the ongoing analysis of process constraints and tracing costs to underlying activities, with a view of improving, efficiency and effectiveness. The position will also investigate and prepare all costing analyses and in-house estimates as required by internal or external stakeholders.

The incumbent is responsible for:
Analysing areas of expenditure to determine potential savings, efficiencies or possible reconfiguration.
Reviewing and cost all services provided by the University Hospital of the West Indies.
Monitoring all service costs to existing market situation and report the trends.
Compiling cost data for preparation of annual budgets including estimates of recurrent costs and staff costs for the following year.
Preparing Cash Flow statements on a monthly and quarterly basis and submits to Budget Coordinator before submission to the Ministry of Finance.
Analysing capital budget requests.
Maintaining records of approved capital projects including copies of all invoices for fixed assets.
Enter new capital projects in database.
Calculating of cost savings for budget and measurement of actual savings.
Reconciling fixed asset accounts to fixed asset system subsidiary records each month.
Review depreciation calculations.
Preparing monthly costing reports to the Senior Director Finance.

Education and Experience
Bachelor’s Degree in Accounting/Finance or Business Administration;
Association of Chartered Certified Accounts (ACCA) Level 2;
Successful completion of relevant government accounting and computing courses;
A minimum of three (3) years’ experience at the professional accounting level.
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