Professional Executive (Accounting and Finance)

The Energy and Water Agency in Malta is currently looking to recruit a Professional Executive (Accounting and Finance) to join their team on a full-time basis.

Overview:

Nomenclatures importing the male gender include also the female gender.

1.0 Introduction

The Chief Executive Officer of the Energy and Water Agency invites interested applicants to fill in the vacant post of Professional Executive (Accounting & Finance) (Grade IV) with the Agency.

The Professional Executive (Accounting & Finance) will assist the Chief Corporate Officer in leading the finance and administration section within the Corporate Unit.

The Professional Executive may be required to work under pressure, unsupervised and may be required by the Agency’s management to work at the office during after-hours.

2.0 Duration of assignment and Conditions

The position of Professional Executive is on an indefinite contract basis and subject to a probationary period of 12 months.

3.0 Duties

The duties of Professional Executive (Accounting & Finance) may include inter alia:

• Assists the Chief Corporate Officer in the coordination and drafting of the Agency’s 3-year Financial Business Plan, implementation and monitoring
• Coordinates the financial plans and cash forecast for the implementation of programs and initiatives in liaison with respective head of units of the Agency
• Ensures that transfers of funds request, as well as projected or actual cash flow reporting, are carried out in a timely manner
• Reports and coordinates the variances from agreed financial targets, estimates and budgetary allocations and the revised estimates reports
• Oversees the financial management accounts and the preparation of financial budget planning and forecasts in alignment with Agency’s business plan
• Responsible for the preparation of financial reporting of the Agency and presentation of reports and other documentation to management as necessary
• Responsible for the proper recording of transactions, the correct compilation of financial data and projections
• Responsible for the general ledger, sub-ledgers and reconciliations, as well as fixed assets register and inventories
• Responsible for establishing and maintaining financial policies and procedures
• Participation in related meetings and any audits which may be carried out by independent auditors
• Follow appropriate internal controls, financial procedures and adequate approvals
• Be acquainted with the VAT and Tax legislations that relate to the Agency
• Be acquainted with the Public Procurement Regulations and Travel and Transport procedures from the financial aspect
• Assists management in coordinating, managing and monitoring the implementation of budget and manifesto measures falling under the remit of the Agency. This includes, but is not limited to, liaising and coordinating with Government Ministries, Entities and other stakeholders including non-Government stakeholders
• Keeps abreast with accounting standards, financial legislation, Government policies,accounting systems, procedures and applications, and following training as directed
• Keeps abreast with the latest developments within the Energy and Water Agency
• Undertakes any other tasks, which the superior may delegate to him/her, as may be required
• Any other duties as directed by the Chief Executive Officer.

4.0 Eligibility requirements

By the closing time and date of this call for applications, applicants must satisfy the following criteria:

(i) A recognised Masters' qualification at MQF Level 7 (subject to a minimum of 90 ECTS/ECVET Credits, or equivalent, with regard to programmes commencing as from October 2008) in Accountancy or Financial Management or a recognised equivalent professional qualification, plus two (2) years relevant work experience.

Or

A recognised Bachelor’s qualification at MQF Level 6 (subject to a minimum of 180 ECTS/ECVET credits, or equivalent, with regard to programmes commencing as from October 2003) in Accountancy or Financial Management or a recognised equivalent professional qualification plus four (4) years relevant work experience.

(ii) In possession of a Certified Public Accountant (CPA) warranted by the Accountancy Board within the Ministry of Finance in terms of the Accountancy Profession Act and related Regulations

(iii) Be fluent in the use of English and Maltese languages, an MQF Level 3 certificate in both subjects is required.

Due consideration will be given to applicants who:

• Demonstrate high level of knowledge related to accounting procedures
• Proficient use of accounting systems
• Demonstrate middle level of knowledge of internal and external auditing and/or EU funding

Furthermore, the applicant would be expected to:

• be a person who can work on his/her own initiative;
• be able to work within and lead a team;
• be flexible in work patterns and also working hours;
• have excellent communication skills;
• possesses good self-management skills;
• be organised and meticulous in his/her work.

Qualifications at a level higher than that specified above will be accepted for eligibility purposes, provided they meet any specified subject requirements.

Prospective applicants should note the requirement to produce MQRIC recognition statements in respect of their qualifications from MQRIC, or other designated authorities, as applicable.

Additionally, applicant must be:

a) citizens of Malta; or

b) citizens of other Member States of the European Union who are entitled to equal treatment to Maltese citizens in matters of employment by virtue of EU legislation and treaty provisions dealing with the free movement of workers; or

c) citizens of any other country who are entitled to equal treatment to Maltese citizens in matters related to employment by virtue of the application to that country of EU legislation and treaty provisions dealing with the free movement of workers; or

d) any other persons who are entitled to equal treatment to Maltese citizens in matters related to employment in terms of the law or the above-mentioned EU legislation and treaty provisions, on account of their family relationship with persons mentioned in paragraph (a), (b) or (c); or

e) third country nationals who have been granted long-term resident status in Malta under regulation 4 of the “Status of Long-Term Residents (Third Country Nationals) Regulations, 2006” or who have been granted a residence permit under regulation 18(3) thereof, together with family members of such third country nationals who have been granted a residence permit under the “Family Reunification Regulations, 2007”; or

f) in possession of a residence document issued in terms of the “Residence Status of United Kingdom Nationals and their Family Members in Malta in accordance with the Agreement on the Withdrawal of the United Kingdom and Northern Ireland from the European Union and the European Atomic Energy Community Regulations”.

The advice of the Citizenship Unit within Community Malta Agency and the Expatriates Unit within Identita` should be sought as necessary in the interpretation of the above provisions.

The appointment of candidates referred to at (b), (c), (d) and (e) above would necessitate the issue of an employment licence in so far as this is required by the Immigration Act and subsidiary legislation. Jobsplus should be consulted as necessary on this issue.

5.0 Submission of supporting documentation

Qualifications and experience claimed must be supported by certificates and/or testimonials, copies of which should be submitted together with the application. Scanned copies sent electronically are also acceptable.

Original certificates and/or testimonials are to be invariably produced for verification at the interview.

6.0 Selection procedure

Eligible applicants will be assessed by management to determine their suitability for the position.

7.0 Salary

The salary for the post of Professional Executive is in Grade IV of the Energy and Water Agency’s salary structure, which in year 2024 is €39,900 per annum, including allowances. Additionally, the Professional Executive is also entitled to an annual Performance Allowance and annual Disturbance Allowance of up to a maximum of 15% of the basic salary.

8.0 Submission of applications

Applications, supported by the necessary documentation, which should include a detailed Europass C.V., are to reach the Chief Executive Officer, Energy and Water Agency, Pinto Business Centre, Triq il-Mithna, Qormi by hand or by post, by not later than noon (Central European Time) of Friday 20th December 2024.