Financial Reporting Officer II, Accounting & Finance

Position Overview:

The Financial Reporting Officer II is responsible for the timely and accurate preparation of monthly and quarterly consolidated financial statements, as well as management reports required by Bank of The Bahamas. The successful candidate will oversee branch and cost center accounting and analysis, maintain the Bank’s fixed asset records, and prepare monthly VAT filings. Additionally, the role ensures the accuracy and integrity of the General Ledger and supports budget preparation and ongoing maintenance.

Key Responsibilities:

• Perform branch and cost center accounting and analysis, including reviewing financial statements (balance sheet and income statement) and monitoring budget vs. actual performance.
• Analyze financial data and trends, providing insights and recommendations to improve cost efficiency and overall financial performance.
• Prepare monthly and quarterly financial statements in accordance with IFRS and regulatory requirements.
• Support the preparation of management reports, including Board and Executive Committee reporting.
• Maintain and reconcile fixed asset records, including depreciation and asset register updates.
• Assist with the preparation and monitoring of the Bank’s annual budget, including budget-to-actual analysis and variance reporting.
• Prepare and post general ledger entries and ensure the accuracy and integrity of financial records within core banking and accounting systems.
• Prepare VAT filings and support audit and regulatory reporting requirements.
• Provide financial insights and analysis to support strategic decision-making by Senior Management.
• Monitor and ensure compliance with internal controls, accounting standards, and regulatory requirements.

Minimum Qualifications & Experience:

• Bachelor’s Degree in Accounting with a minimum of two (2) years’ relevant work experience.
• Currently pursuing the Certified Public Accountant (CPA) designation would be considered an asset.
• Sound knowledge of accounting principles, practices, and basic economic concepts.
• Strong ability to prepare, review, and analyze accounting records, financial statements, and related reports.
• Ability to manage multiple priorities while maintaining professionalism when interacting with internal stakeholders and regulatory bodies, including the Central Bank.
• Strong problem-solving, analytical, and communication (verbal and written) skills.
• Proficiency in Microsoft Office applications, particularly Microsoft Excel.
• High level of accuracy and attention to detail, with strong investigative and analytical capabilities.
• Excellent organizational and time management skills, with the ability to plan, schedule, and meet tight reporting deadlines.

Why Join Us?

• Be part of a high-performing team that values innovation and excellence.
• Competitive salary, performance-based incentives, medical insurance (including life, dental, and vision), and a robust pension plan.
• Be part of a team that values your expertise and invests in your success!