Salary: Depending on Qualifications
& Educational Background
This position reports directly to the
Assistant Manager and General Manager. The Comptroller will develop and
maintain the Authority’ s Accounts; accounting procedures, billing procedures
and records, collection of revenues, analysis of costs and preparations of
financial reports, all in accordance with GAAP’s (Generally Accepted Accounting
Principles for Utility Authorities).
Directly or thru delegations to
subordinates, plans, organizes staff, direct and coordinateall accounting activities of the Authority
including establishing accounting policies and practices, and the conduct of
work in a manner consistent with policies. Provides for billing of customers for
electric services, the proper maintenance of accounts receivable and collection
of all revenues due to the Authority. Provides for audit and payment of
vendor’s and contractor’s invoices for materials services rendered to the
Authority. Establishes and directs procedures for
maintenance of timekeeping records for Authority employees; the preparations of
payrolls and the distribution of paychecks, and the application of the
Authority ‘s policies with regard to expense accounts. Establishes and apply proper and
timely accounting procedures for materials and supplies used and for charges
and credits to work orders.
Monitors all financial interests of
the Authority and recommends to Management investments and sales bonds. Establishes and maintains a set of
books for the Authority consisting of the Authority’s general ledger,
subsidiary ledgers; prepare financialsstatements and reports; interpretresults of such financial reports to the AGM, GM and the Board. Coordinates all budgetary processes for
the Authority for review of the AGM & GM, defends that budget with the
management where appropriates, reports expenditures of the Authority according
to an approved budget, calls special attentions to surplus or deficit
periodically. Coordinates with firms of independent
public auditors retained by the Board to conduct periodic audits. Establishsystems ensuring proper control and proper
documentations of expenses of the Authority; ensure audit trails against the
Authority’saccount and financial system. Ensures highest security for computer
information, not limited to payroll, financial reports, etc., making it a
requirement to store back up copies (offsite) Ensures a systematic control and
accountability of assets.
A highly thorough knowledge of
accounting and auditing principles, practice and procedures related to the
electrical utility industry;
Outstanding ability to develop sound,
practical and modern utility accounting proceduresand to plan and organize the accounting
activities in such a manner.
Strong ability to induce effective
performance by the Authority’s accounting employees and to maintain their work
morale, training and development at a high level.
Strong ability to prepare clean and
comprehensive financial and budgetary reports in accordance with GAAP’s.
Strong command of mathematics and
Must have strong experiences at
supervisory levels; plus high level of education with a four year degree in
accounting or business from an accredited college, strong command of written
and spoken English, neat and highly presentable and of excellent manners.
HOW TO APPLY:
Application forms can be obtained from
the Kosrae Utilities AuthorityOffice
during the normal working hours from 08:00 a.m. to 04:30 p.m.
Please call KUA @ 370-3344 / 3799
should there be any questions or visit KUA for any information.