Salary – $5,597,715 a

Job Purpose

  • The Director – Public Loans will ensure the timely and efficient disbursement of Public loans, and administer certain loans and advances provided by the Government for Public Officers in keeping with best practice for cash management.

Primary Duties:

  • Manages the establishment and maintenance of the Revolving Fund for motor vehicle loans, motor vehicle insurance loans and salary advances;
  • Establishes system for timely and accurate loan disbursement to Government employees;
  • Approves motor vehicle insurance loans for public officers;
  • Monitors advances approved by the MOFPS to ensure clearance is within the financial year;
  • Monitors debt servicing by borrowers in respect of loans guaranteed by GoJ and submits monthly reports on default to the MOFPS;
  • Establishes and maintains information system for reporting on loans being negotiated at the MOFPS;
  • Maintains registry with copies of all loan contracts;
  • Maintains an efficient system for the recording of all public loans;
  • Establishes an effective system for ensuring that monthly payments of all loans disbursed are repaid through salary deductions;
  • Establishes an effective system to monitor all loan amounts repaid ensuring that these are promptly deposited to the treasury deposit account in the TSA;
  • Establishes effective systems for tracking and recovering from delinquent borrowers;
  • Assists with the monitoring of delinquent borrowers and ensures the recovery of loans and motor vehicles;
  • Establishes systems to ensure that where liens are taken as collateral for loans, the assets remain in good physical condition;
  • Provides financial statements annually, quarterly and monthly on status of loans, expenditure on loans and requirements for servicing loans;
  • Coordinates the preparation and dissemination of critical reports.
  • Implements and enforces policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the unit and the AGD;
  • Deputizes for the Deputy Accountant General, Financial Resources as and when required.

Qualification and Experience

  • Degree in Accounting/Management Studies with Accounting or BBA Degree from an accredited University or; Post-Graduate Degree in Accounting/Financial Accounting or; Practising Chartered Accountant and a Member of a designated professional accounting Body or; ACCA Level 2 or 3.
  • At least 8 years’ experience in Accounting;
  • At least 5 years of experience working at senior management level in Accounting or Finance; with at least 3 year in the public sector;
  • Experience in budget management and Chart of Accounts formulation and maintenance;

Required Competencies

  • Complete knowledge in developing financial strategies by forecasting capital facilities, and staff requirements; identifying monetary resources; developing action plans;
  • Oral & Written Communication Skills
  • Problem Solving and Analytical Skills
  • Strategic Planning
  • Results Focus
  • Integrity
  • Leadership and Team Building
  • Performance Management
  • Emotional Intelligence

Applications accompanied by résumés should be submitted no later than, 5th February, 2024 to:

Director Human Resource Management & Development

Accountant General’s Department

21 Dominica Drive

Kingston 5