James McCarthy Jr.
Edmonton,AB
Summary
With over 15 years of professional experience in customer service, financial management, and accounting services, James McCarthy Jr. is a seasoned Accountant. His expertise and dedication have equipped him with the skills necessary to meet the high standards expected in this role. He is confident that his contributions will greatly contribute to the growth and development of your esteemed institution.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Accounting Technician
EMBASSY OF THE UNITED STATES OF AMERICA
12.2023 - Current
- Provide basic accounting functions in the Financial Management Center and is responsible for maintaining, reviewing and balancing accounting records for State Program, State Consular, Gift Funds, OBO, NIH and SDA allotments, providing up-to-date status of funds reports, generating the required Global Business Intelligence (GBI) reports
- Analyzes expenditures against established obligations and make adjustments as needed in conjunction with agency staff
- Ensures that allotments provided by Agency Headquarters are controlled and executed within funding limitations
- Records obligations in RFMS/Momentum
- Ensures that accurate and complete fiscal data is recorded on all funding requests
- Ensures availability of funds based on a review and analysis of the Charleston Financial Service Center (CFSC) accounting reports and the GBI reports
- This includes ensuring obligations exist prior to payment by the Voucher Examiners and making adjustments to obligations after reviewing GBI reports
- Takes corrective action on unprocessed reports from CFSC on a daily basis
- Makes adjustments as necessary using RFMS/Momentum accounting software
- Ensures any un-obligated liquidations generated by CFSC and expenditure refunds are properly accounted for
- Generates required reports from GBI and determines quarterly obligation levels for non-recurring payroll charges
- Utilizes the ILMS Ariba system and the E2 Solution software to fund purchase order/requests, contracts and process travel authorizations regularly
- Assists with data for budgets preparation and workload counts process
- Reviews unprocessed and rejected transactions reports from CGFS and takes corrective actions
- Performs other administrative related duties as assigned
- Continues to develop other financial management skills to assist others and back up other teams members during critical times
- Supports Diversity, Equity, Inclusion and Accessibility (DEIA) by treating co-workers fairly and respectfully to promote inclusion and corrects/reports any behaviors witnessed in others that exclude or negatively impact section morale
- Actively promotes DEIA values and events
Senior Accountant
US EMBASSY - MONROVIA CREDIT UNION
02.2020 - 11.2023
- Ensure that posting is done on a daily basis and reconciliation of accounts are done weekly and monthly
- Post and reconcile daily transaction in Tally
- Post general ledger entries to reflect various activities, and prepare journal entries for general ledger closure
- Post withdrawal, and loan disbursement in various banking software (ECOBANK, UBA, IBLL and GT Bank online banking platform) to customer accounts
- Assist in providing timely and accurate monthly financial statements, monthly financial management reporting package and analysis to the union's leadership and stakeholders
- Analyze, reconcile and post bank adjustments in a timely manner
- Report internally to management in a timely manner
- Prepare revenue and operational expense analysis as needed
- Take part in necessary system upgrades or changes, thoroughly verify all financial results for all test scenarios related to reports and train the accounting staff on new system adjustment
- Assist in budget preparation as needed
- Completion of monthly detailed analysis, report, review, and analyze balance sheet as necessary to assist in the month-end review and closure process
- Participate in annual internal/external audits
- Analyze spending activity each quarter and at the end of the fiscal year
- Ensure that adequate financial management routines and systems are in place, and that accounting practices and standards are adhered to and financial activities are in compliance with local laws
- Maintain an accurate filing system
- Perform any other tasks as assigned
Head of Audit/Compliance
SIAFA GROUP
01.2018 - 01.2020
- Conduct periodic internal reviews or audits to ensure that compliance procedures are followed; Conduct or direct the internal investigation of compliance issues
- Assess product, compliance, or operational risks and develop risk management strategies
- Identify compliance issues that require follow-up or investigation
- Disseminate written policies and procedures related to compliance activities
- Serve as a confidential point of contact for employees to communicate with management, seek clarification on issues or dilemmas, or report irregularities
- Maintain documentation of compliance activities, such as complaints received or investigation outcomes
- Consult with corporate attorneys as necessary to address difficult legal compliance issues
- Discuss emerging compliance issues with management or employees
- Collaborate with human resources department to ensure the implementation of consistent disciplinary action strategies in cases of compliance standard violations
- Advise internal management or business partners on the implementation or operation of compliance programs
- Provide employee training on compliance related topics, policies, or procedures
- Provide assistance to external auditors during external audits and compliance reviews
- Prepare management reports regarding compliance operations and progress
- Monitor compliance systems to ensure their effectiveness
- Oversee internal reporting systems and report violations of compliance or regulatory standards management
- Keep management informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes
- Design or implement improvements in communication, monitoring, or enforcement of compliance standards
- Verify that all firm and regulatory policies and procedures have been documented, implemented, and communicated
Accountant
Action Against Hunger
03.2015 - 09.2017
- Ensured sound and transparent administration of funds by providing accounting and financial management consistent with the ACF financial management framework and local legislation
- Promoted and ensure financial collaboration and coordination with mission partners
- Ensured that all accounting data are entered into the accounting software
- Verified bank book, and checking and bank reconciliations
- On the 5th and 20th of every month gave balances to the financial head of department
- On the 15th of every month, participated in the preparation of the treasury forecast of the following month
- Received mission monthly accountancy from base, partner and capital
- Checked purchase approval and release required funds
- Entered advance requests in the advance book
- Received and check the eligibility of invoices submitted for payment
- Proposed possible improvement of the accounting advance procedures
- Managed the mission's local main book (Monrovia Bank Books)
- Managed the mission's secondary cash box
- Participated in the accountancy of books
- Closed the cash account every month; do physical counting, printing of accounting documents, check supporting documents
- Uploaded and close monthly accountancy in base saga
- Imported monthly accountancy from excel to saga
- Did monthly closure
- Shared close saga to head of finance
Treasury Officer
Access Bank Liberia Limited
10.2013 - 03.2015
- Ensured that the bank is adequately funded whilst profitable
- Ensured optimal liquidity with surplus funds invested in short term instruments
- Regularly provided management with the liquidity position of the bank and render appropriate returns to Group Office as demanded
- Regularly ensured we met all corresponding banking obligations such as liquidation of LCs, Bills and collection etc
- Managed relationships with Treasurers of other banks, including all financial transactions with the Central Bank of Liberia
- Managed accounts with ALL banks including Central Bank, Foreign correspondence banks and local banks
- All inflows and outflows were routed through the unit and every outflow had the unit's authorization as the custodian of the Bank's account
- Responsible for the movement of excess cash to Central Bank or correspondence banks as deemed fit and also providing funds when surplus is required
- Responsible to arrange cash or any cash swaps with other banks as it is required
- Provided daily rate guide for both Foreign Exchange and interest rate for Fixed Deposit
Finance Officer
Access Bank Liberia Limited
03.2010 - 09.2013
- Accounting entries prepared were accurate, timely, properly documented, registered, approved, executed and processed in the proper accounts (in collaboration with Internal Audit)
- Accounting transactions were properly processed and that the computerized accounting system (MBS) was updated timely
- Reconciliation of accounts in support of financial statement figures were prepared timely and follow up to clear outstanding entries and limit losses or misappropriation risks
- Prepared on a timely basis the Weekly and Bi-Monthly returns for submission to the Commercial Banking/Supervision Department of the Central Bank of Liberia
- Submitted returns on National Social Security contributions on the prescribed form to the Social Security not later than the fourteenth (14th) day of the month following the month those contributions relate
- Ensured accurate and timely preparation of payroll and tax returns and tax remittances
- Consulted external auditors or tax experts, if needed, in order to avoid delays and penalties
- Represented the Bank at the Central Bank of Liberia weekly Foreign Exchange Auction, and monthly Treasure Bill (T-Bill) Auction
- Coordinated the movement of cash from the Central Bank to the Branches
- Coordinated the management of petty cash usage at Head Office and various branches
Client Advisor
Access Bank Liberia Limited
04.2009 - 02.2010
- Succeeded in building up a long-term relationship with each client and cross sold the variety of the bank's products (credits, Current and Saving Accounts and others)
- On a daily basis informed client about account procedures, terms and conditions
- Implemented the Know-Your-Client (KYC) and Anti Money Laundering measures
- Worked with clients in the collection of documentation and completed forms for account opening
- Opened numerous accounts in the LFS Micro Bank System Software
- Maintained accounts, including providing requested information to clients, printing statements on request, rolling over of Term Deposit Accounts, recommendation letters
- Performed end of the day control functions
- Provided a reliable and efficient source of information for all clients and promoted the image of the bank by marketing its products and services
- Provided excellent quality of customer service
- Properly utilized the bank's procedures during the opening of new accounts for clients and processing of relevant documents
- Prepared several reports of daily activities and producing monthly and quarterly reports as required by Branch Manager and Head Office Management
- Assisted with the training and development of two new staff groups
- Fulfilled financial targets as expected by the bank's management
- Conducted numerals market research and survey for the Bank
- Performed other tasks that were assigned by the supervisor, Operations Manager or other members of the Management Board
IT Assistant (Internship)
New Liberia Technology Corporation
09.2008 - 03.2009
- Network Cabling and Connectivity
- Managed the connection of existing Clients
- Repair the Computer of existing Clients
- Mount Vista of existing Clients
Education
BBA - Accounting
United Methodist University
Monrovia, Liberia08-2013
High School Diploma -
Lott Carey Baptist Mission
Monrovia, Liberia08-2008
Skills
- Bank reconciliations
- General ledger accounting
- Accounts payable and receivable
- Foreign exchange management
- Financial reporting
- Internal controls development
- Help Desk support
- Audit support
- Bank relationship management
- Finance
- Payroll processing
- Client interaction
Accomplishments
- Supervised team of 5 staff members.
- Achieved a smooth accounting cycle by introducing a customized excel for daily reconciliation tasks.
- Achieved [Result] through effectively helping with [Task].
- Achieved year-end-success by completing pending reconciliation with accuracy and efficiency.
- Collaborated with team of 4 in the development of various credit union products.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
- Documented and resolved accurate and complete fiscal data recording on all funding requests which led to our post be awarded as the best post in the state department African Affairs region.
Training
- GFS10 - Reading and Understanding Fiscal Data, Foreign Service Institute/George P. Shultz National Foreign Affairs Training Center, U.S. Department of State
- International Financial Reporting Standard (IFRS) Workshop, Central Bank of Liberia/KPMG
- Access Bank Employment Workshop on Accounting Principal, One Month non-certification
- Marketing Innovation/International Finance Corporation (IFC) Workshop
- Access Bank Employment Workshop on Banking Operation, Three Months non-certification
Personal Information
Date of Birth: 02/27/87
Languages
Certification
- Reading and Understanding Fiscal Data - Foreign Service Institute, US Department of State January 2024
- Understanding IFRS - KPMG - June 2013
Timeline
Accounting Technician
EMBASSY OF THE UNITED STATES OF AMERICA
12.2023 - Current
Senior Accountant
US EMBASSY - MONROVIA CREDIT UNION
02.2020 - 11.2023
Head of Audit/Compliance
SIAFA GROUP
01.2018 - 01.2020
Accountant
Action Against Hunger
03.2015 - 09.2017
Treasury Officer
Access Bank Liberia Limited
10.2013 - 03.2015
Finance Officer
Access Bank Liberia Limited
03.2010 - 09.2013
Client Advisor
Access Bank Liberia Limited
04.2009 - 02.2010
IT Assistant (Internship)
New Liberia Technology Corporation
09.2008 - 03.2009
- Reading and Understanding Fiscal Data - Foreign Service Institute, US Department of State January 2024
- Understanding IFRS - KPMG - June 2013
BBA - Accounting
United Methodist University
High School Diploma -
Lott Carey Baptist Mission
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