Photo

Nicola Allison Finance Controller

Jamaica
GAAPKnowledge in IFRS

Education

Accreditation for Certified Chartered Accountant – ACCA

ACCA Member

 

Management Institute for National Development (MIND)

Certificate in Government Accounting

 

University of the West Indies (School of Continuing Studies) Jamaica

Certificate in Information Technology

 

1992 to 1999    Camperdown High School

}  3 A’ levels (Cambridge Advance Level Exams)

}  2 A/O’ levels (Cambridge Advance Level Exams)

}  5 CXCs      (Caribbean Examination Council)

 

 

Experience

Acting Financial Controller            Stocks & Securities Limited – (33 1/2 Hope Road, Kingston 10)

 

Stocks and Securities Limited  June 2018 – present

 

Ø  Ensuring accuracy and adherence to Accounting Practices and Standards of the I.A.S.B.

Ø  Preparation of Regulatory reports

Ø  Production of monthly management financial statements,

Ø  Perform and manage the Month end financial reporting process

Ø  Reconciliation and review of Accounts at month end

Ø  Maintain contact with government departments to ensure compliance in relevant areas

Ø  Ensure timely and accurate preparation of supporting schedules for auditors

Ø  Liaise with Auditors to assist with timely and accurate close out of Year end procedures and accounts

Ø  Preparation and submission of FSC Regulatory reports

Ø  Preparation and submission of Jamaica Stock Exchange Reports

Ø  Preparation of monthly management reports to present to Board of Directors

 

 

 

Experience

Senior Accountant            Stocks & Securities Limited – (33 1/2 Hope Road, Kingston 10)

 

Stocks and Securities Limited  June 2017 – July 2018

 

Ø  Ensuring accuracy and adherence to Accounting Practices and Standards of the I.A.S.B.

Ø  Preparation of Regulatory reports such as C1 to Financial Services Commission, Jamaica Stock Exchange Reports

Ø  Production of monthly management financial statements,

Ø  Perform month end procedures to facilitate close out of accounts

Ø  Reconciliation of Accounts at month end

Ø  Preparation of corporate Tax Returns

Ø  Preparation and review of all tax corporate taxes GCT, withholding Taxes, Payroll taxes, Asset taxes, Minimum Business taxes, Property taxes,

Ø  Preparing and reviewing all journal entries for reporting purposes

Ø  Maintain contact with government departments to ensure compliance in relevant areas

Ø  Ensure timely and accurate preparation of supporting schedules for auditors

Ø  Liaise with Auditors to assist with timely and accurate close out of Year end procedures and accounts

Ø  Review and approve bank reconciliations

Ø  Review Month end Journals posted by junior staff – Prepayments, Accruals, Depreciation, payroll, Statutory deductions, any other entries deemed necessary for Accounting purposes.   All duties include preparation and entering in SAGE.

Ø  Preparation and submission of FSC Regulatory reports

Ø  Preparation and submission of Jamaica Stock Exchange Reports

Ø  Preparation of monthly management reports

 

 

 

 

 

 

 

June 1, 2015 – June 2, 2016

 

Audit Senior/Accounts Supervisor           Abtax Limited – (35 Westminster Road, Kingston 10)

 

 

·         Auditing the Financial Statements of Clients

·         Supervising recording of Client Accounting information

 

 

Responsibilities include:

 

·        Plan, document and execute the overall audit strategy in accordance with international audit standards/review staff assigned and guide individuals during this process

·        Evaluate the design and implementation of client’s control environment

 

·        Administer and assist in making recommendations to correct client’s weaknesses and improve operational efficiency

 

·        Preparation of client’s financial statements in accordance with International Financial Reporting Standards

 

·        Exhibit professional skepticism and integrity

 

·        Schedule, conduct, and organize audits of full complexity for conformity with policies and procedures of the company, and Industry accepted Best Practices

 

·        Supervise assigned staff

 

·        Monitor and train staff in the accounts department with client postings

 

·        Ensure client postings are correct and client transaction are accurately reflected in their ledgers

 

·        Keep manager informed of own progress

 

·        Work closely with clients to ensure timely deliverables and customer satisfaction

 

·        Plan, Manage, and Deliver quality audits within the scheduled timing and within predetermined budget parameters

 

 

Stocks and Securities Limited September 2015 – June 2016 (Outsourced)

 

Ø  Ensuring accuracy and adherence to Accounting Practices and Standards of the I.A.S.B.

Ø  Reconciliation of Accounts at month end

Ø  Preparation of corporate Tax Returns

Ø  Preparing journal entries for reporting purposes

Ø  Maintain contact with government departments to ensure compliance in relevant areas

Ø  Ensure timely and accurate preparation of supporting schedules for auditors

Ø  Review and approve bank reconciliations

Ø  Month end Journals – Prepayments, Accruals, Depreciation, payroll, Statutory deductions, GCT (preparation/review), withholding Taxes, Any other entries deemed necessary for Accounting purposes.   All duties include preparation and entering in SAGE.

 

 

August 20, 2013  to April 20, 2015

 

Management Accountant            Lillan Limited (21 Westminster Road, Kingston 10)

 

Ø  Ensuring accuracy and adherence to Accounting Practices and Standards of the I.A.S.B.

Ø  Preparation of Analytical Reports to the Directors

Ø  Reconciliation of Accounts at month end

Ø  Preparation of corporate and individual Tax Returns

Ø  Timely acquisition of Tax Compliance and Deferred GCT Certificates

Ø  Preparation of all Annual Compliance Returns

Ø  Prepares all journal entries for reporting purposes

Ø  Maintain contact with government departments to ensure compliance in all relevant areas

Ø  Ensure timely and accurate preparation of Financial Statements and supporting schedules for auditors

Ø  Develop and identify areas of weaknesses re Internal Controls and effect solutions

Ø  Coordinate implementation of auditors recommendations

 

 

 

October 2006 to August 19, 2013

 

Accountant            KPMG Jamaica (6 Duke Street, Kingston)

 

}  Auditing the Financial Statements of Clients (eg Insurance companies- Insurance Co of the West Indies, manufacturing companies – Nestle , Government Agencies – National Health Fund)

 

Responsibilities include:

 

·        Plan, document and execute the overall audit strategy in accordance with international audit standards

·        Evaluate the design and implementation of client’s control environment

 

·        Administer and assist in making recommendations to correct client’s weaknesses and improve operational efficiency

 

·        Preparation of client’s financial statements in accordance with International Financial Reporting Standards

 

·        Exhibit professional skepticism and integrity

 

·        Preparation and monitoring of engagement budgets

 

·        Supervise assigned assistant(s)

 

·        Work towards achieving group goals and encourage assistant(s) to do likewise

 

·        Keep manager informed of own progress

 

 

January 2005 – September  2006

 

Records Officer                                                  Taxpayer Audit and Assessment

Department

6 Oxford Road, Kingston.

 

 

 

Responsibilities includes:

}  Receipting and recomputation of Taxpayer Returns (GCT, PAYE)

}  Recording and logging  Returns

}  Assisting customers with queries regarding Returns

 

Skills

}  Proficient with Microsoft Word, Microsoft Excel, Microsoft PowerPoint

}  Working knowledge of auditing/accounting software such as Caseware, Groove, E-audit, Quickbooks, Accpac and Simply Sage.

 

Behavioral Competences

}  Adaptable          – embraces new technology and changing business environments.

}  Self Motivated   – works with minimal supervision; uses initiative.

}  Trainable            – willingness to learn new methods of executing various tasks

}  Team player       – works well in a team; highly sociable and good interpersonal skills.

 

Hobbies

}  Reading

}  Listening to music

}  Surfing the internet and using it as a main resource for learning

}  Playing sports – netball ( member of SPEG Netball Team – Jamaica Netball Association) and volleyball

}  Vice President of The Vineyard Town Community and Development Sports Club

 

 

References

 

Available upon request