Assistant Accountant – Payables & Procurement - SAGC Careers
Assistant Accountant – Payables & Procurement
Posting Date: 19 January 2026 | Salary: CI$48,096 - $63,120 per annum
Overview
Reporting to the Finance Manager, the Assistant Accountant – Payables & Procurement will be responsible for ensuring the accurate recording and reporting of all liabilities, as well as managing the integrity of financial data transferred from sub-ledger systems to the general ledger. The role will also involve overseeing payments, procurement activities, and vendor relationships, ensuring compliance with relevant laws, policies, and best practices. The Assistant Accountant will also assist in preparing financial statements, managing accounts payable, and supporting the financial reporting process.
Duties and Responsibilities
- Prepare payments online or by cheque for approval and disbursement on a weekly basis, following operating policies.
- Formalize credit terms with suppliers and maintain up-to-date supplier master files.
- Ensure all payments have supporting documentation, including invoices, approved purchase orders, and proof of goods or services received.
- Ensure all procurement and payment activities comply with internal policies and relevant legislation.
- Collaborate with the Entity Procurement Committee to ensure value for money and adherence to legal and best practice standards.
- Safeguard process integrity by exercising professionalism and impartiality in processing payments and vendor transactions.
- Maintain proper records of supplier invoices and payments.
- Reconcile individual supplier statements and prepare monthly accounts payable reconciliations.
- Manage vendor account balances and ensure timely payments.
- Assist in managing the document management system (PaperSave) to reduce paper storage and streamline electronic approval workflows.
- Support the Finance Manager and CFO in ensuring compliance with budgetary controls and monitoring department expenditures.
- Prepare and post general ledger journals as required, supporting periodic and year-end financial statement preparation.
- Participate in the development of policies related to procurement and payments.
- Assist with the preparation of financial statements and government reports for review.
- Help in the preparation of annual and periodic budgets, offering guidance to department heads.
- Prepare monthly journal entries and assist in the preparation of financial statements in accordance with IFRS.
- Assist in the management of the fixed asset register and prepare monthly reconciliations.
- Participate in monthly reconciliations of balance sheet control accounts.
- Prepare and maintain audit schedules and support the annual audit process.
- Assist with expenditure management, including petty cash and fixed asset management.
- Support accounts receivable tasks, including student billing and reviewing payment plans.
Qualifications, Experience and Skills
- Associate degree in Accounting required; Bachelor’s or ACCA in progress preferred.
- 3–5 years in accounting, with focus on payables/procurement.
- Technical: Knowledge of IFRS, Cayman Islands’ PMFL & Procurement Law.
- Proficiency in MS Office; experience with Blackbaud & Adaptive Insight an asset.
- High integrity, strong attention to detail, excellent communication and time management skills.
- Vendor management experience and solid understanding of audit and reporting processes.
Submission Details
Submit a CV and cover letter along with three (3) professional references to recruitment@ucci.edu.ky
Only shortlisted candidates will be contacted.
Caymanians/Caymanian Status, persons married to Caymanians and holding Permanent Residence are preferred.
