To manage the financial aspects of capital investment projects ensuring that accurate financial records are maintained, and financial statements produced.
Qualifications and Experience
ACCA Qualification plus three (3) years’ experience or a Bachelor’s degree in Accounting plus five (5) years’ experience, plus
Two (2) years experience in accounting preferably in relation to projects.
COMETENCIES
Working with people
· Demonstrates and interest in and understanding of others.
· Adapts to the team and builds team spirit.
· Recognizes and rewards the contributions of others.
· Listens, consults, and communicates proactively.
· Support and cares for others.
· Develops an awareness of one’s own strengths and weaknesses.
Persuading and Influencing others
· Makes a strong person impression on others
· Gains clear agreement and commitment from others by persuading, convincing, and negotiating.
· Promotes ideas on behalf of self and others.
Presenting and communicating information
· Speaks clearly and fluently.
· Expresses opinions and information and key points of an argument clearly.
· Gains clear agreement and commitment from others by persuading, convincing and negotiating.
· Makes presentations and undertakes public speaking with skill and confidence.
· Responds quickly to the needs of employees and to their reactions.
· Projects credibility.
MAIN DUTIES AND RESPONSIBILITIES:
Maintains a computerized project accounting and disbursement system to reflect financial transactions related to all funding sources (IDA, CDB, ODA, EIB, EEC, and the Government of Guyana) in accordance with approved GWI accounting guidelines and in conformity with the requirements of the Funding Agencies.
Arrange for the timely processing of payments to Contractors.
Liaises with the Ministry of Communities, the Ministry of Finance and the co-financiers to ensure procedures relate to progress with fund availability.
Liaises closely with the Director of Finance in the preparation of annual project budgets, government’s contributions to projects, and compliance with finance-related covenants.
Provides the co-financiers and the PMU with accurate project financial information as requested from time to time.
Prepares monthly and annual financial statements of projects and advises the Project Manager on likely over expenditures in budget categories.
Ensures that all financial records, contracts and project documents are properly recorded and stored for ready retrieval.
Cost completed projects for transfer to GWI asset register.
Liaises with the Financial Accountant to set up adequate general ledger accounts for processing project transactions.
Prepares monthly request for funding from Central Government and follow-up release of funds for project use.
Ensures adequate funds are in all accounts for project use. Advises the Project Manager of any problems, which may affect the payment of debts.
Prepares year-end financial statements for the various projects and liaise with the External Auditors to have these statements audited.
Performs other related duties and responsibilities consistent with the level and purpose of the post.
The Georgetown Sewerage and Water Commission was established on the 23rd March 1929 to provide for the completion of the Sewerage Works of Georgetown. Its objectives were to establish a body of Commissioners to control maintain and manage the Sewerage System and Waterworks of Georgetown; and to provide for the maintenance thereof. GS&WC was responsible for Central Georgetown. The Georgetown Sewerage and Water Amendment Act Number 4 of 1994 made the GS&WC an autonomous public sector institution under the control of the Minister of Works and Communications.
The Guyana Water Authority (GUYWA) was established under the Guyana Water Authority Act Chapter 55:01 of 1972. Its main activities included the construction, operation and maintenance of water distribution systems in order to supply potable water to the public. Prior to the establishment of the Authority, responsibility for the water sector was that of the Pure Water Supply Division of the Ministry of Works.
The Guyana Water Authority was responsible for delivering water to the suburban, Rural and the Hinterland regions excluding Linden and those areas supplied by the Sugar Industry Labour Welfare Fund Committee.
The Guyana Water Incorporated (GWI) was established, resulting from the merger of the Guyana Water Authority (Guywa) and the Georgetown Sewerage and Water Commissioners (GS&WC), on May 30, 2002. Thus, GWI is responsible for the previously divided responsibilities of GUYWA and GS&WC.