Accountant - SAGC Careers
Accountant
Posting Date: 11 December 2025 | Salary: CI$$77,0880 - $$101,160 per annum
Overview
The Utility Regulation and Competition Office (OfReg) is the independent multisector regulatory authority with responsibility for energy and electricity, fuel, information and communication technology (ICT), and water and wastewater sectors. Created by the enactment of the Utilities Regulations and Competition (URC) Act, OfReg, enforces compliance for licencees through the administration of penalties and fines as dictated by the URC Act and respective sector Acts. OfReg has wide powers for consumer protection and is particularly mandated to facilitate innovation in the sectors for which it has responsibility for the promotion of economic development. The accountant assists the Head of Finance to ensure that OfReg’s assets and financial accounts are maintained prudently in accordance with International Public Sector Accounting Standards (IPSAS), the Public Management and Finance Act, the Public Authorities Act, and other statutes designed to strengthen fiscal prudence and oversight.
Duties and Responsibilities
- Prepare monthly financial statements including statement of operations, balance sheet, cash flow and project progress.
- Assist with the preparation of the annual budget submission.
- Prepare the monthly reconciliations to verify that salaries, pension and health insurance premiums are calculated correctly and paid on time.
- Review bank reconciliations and prepare in the absence of the Accounts Officer.
- Assist with the review of accounts receivable invoices and follow up on collections; ensuring that licensee payments are received and processed in a timely manner.
- General ledger maintenance to ensure transactions have been properly allocated.
- Maintain the fixed asset register.
- Prepare monthly journal entries, including depreciation, accruals, credit cards transactions and prepayments.
- Prepare reconciliations and analyses of balance sheet and income statement accounts.
- Conduct review and prepare analyses of quarterly ICT licencee submissions.
- Assist with interim and annual audits, including the preparation of audit schedules.
- Assist with the development, implementation and monitoring of internal controls and policies.
Qualifications, Experience and Skills
- Bachelor’s degree in accounting, Finance, or Business Management is required.
- Minimum of five (5) years relative work experience, with at least three (3) years in a supervisory role.
- A professional accounting qualification (CPA, CMA, CA, ACCA) is preferred. Alternatively, candidates working toward an accounting qualification or candidates with more than 10 years relevant experience may apply.
- Knowledge of international accounting standards is essential including proven understanding of accrual accounting.
- Be proficient with varied computer systems and products including Microsoft Office and associated accounting tools and applications.
Submission Details
All applications require submission of a cover letter, curriculum vitae, OfReg application form and two professional character references. Incomplete submissions cannot be considered.
A detailed job description, OfReg application form and application notes are available online at: www.ofreg.ky/job-opportunities
Please combine all documents as a single PDF document and submit to: https://ofreg.bamboohr.com/jobs/
Preference will be given to qualified Caymanians and permanent residents.
