Accountant
Confirmed on the employer's own hiring board on Oct 5, 2026. First seen by Alion on Oct 2, 2026.
JOB SUMMARY
The Utility Regulation and Competition Office (URCO, the Office) is the independent multi sector regulatory body with responsibility for the energy and electricity, fuels, information and communication technology (ICT), and water and wastewater sectors. The Office maintains regulatory oversight for all utilities providers in the Cayman Islands.
URCO 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. URCO enforces compliance for all licensees through the administration of penalties and fines as dictated by the Utility Regulation and Competition (URC) Act and the sector acts.
Key areas of accountability include, but are not limited to:
Specifically, the Accountant shall:
- Prepare monthly financial statements including statement of operations, balance sheet, cash flow and project progress reports.
- 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 special projects as directed.
- Assist with the development, implementation and monitoring of internal controls and policies.
- Prepare vendor payments in the absence of the Accounts Officer.
- Act for the Head of Finance during absences.
Qualifications and Experience
- Bachelor’s degree in accounting, Finance, or Business Management is required.
- 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.
- Minimum of five (5) years relative work experience, with at least three (3) years in a supervisory role.
- 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 process:
All applications require submission of a cover letter, curriculum vitae, URCO 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.
Application Closing Date: 26th October 2026