Senior Accounts Clerk

INTRODUCTION

The Caribbean Development Bank (CDB) seeks a Senior Accounts Clerk to join the Finance Department. The successful candidate will be based at CDB’s headquarters in St. Michael, Barbados. 

THE FINANCE DEPARMENT

The Finance Department is responsible for safeguarding the Bank’s financial position through effective planning and management of its financing, investing, general accounting, budgeting, internal controls, cash flow analysis, financial analysis, and reporting functions. The Department also develops and administers financial policies and procedures, strengthens the Bank’s infrastructure and capacity to mobilise resources in support of its development agenda, and provides oversight of corporate procurement and insurance.

THE ROLE

Reporting to the Accounting Assistant, the Senior Accounts Clerk is responsible for executing complex accounting assignments that safeguard the accuracy and reliability of financial information. The role contributes directly to the strengthening of financial controls and the delivery of high-quality reporting within the unit, while also supporting the department’s wider mandate across the bank. In addition to core accounting duties, the position requires a proactive role in identifying opportunities for efficiency, advancing workflow improvements, and applying innovative practices that reinforce the unit’s effectiveness.

KEY RESPONSIBILITIES

The Senior Accounts Clerk will be required to:

• Contribute to the ongoing improvement of accounting workflows by assessing processes, implementing practical enhancements and leveraging innovative approaches to strengthen accuracy, timeliness and overall efficiency in financial operations.

• Liaise with the direct supervisor and other relevant stakeholders within and outside the Department to ensure timely processing of financial documents and adherence to service-level expectations.

• Review the work of other team members for accuracy and completeness, providing constructive feedback as needed.

• Review and validate all financial documentation for authenticity, accuracy, and compliance, including contracts, loan agreements, suppliers’ invoices, travel orders, expenses, disbursement claims, and investment trades.

• Ensure completeness of supporting documentation for all transactions in alignment with internal policies and procedures.

• Reconcile transactions, accounts, and sub-ledgers against internal systems and external confirmations, including but not limited to loans and grants, borrowings, fixed assets, receivables, supplier statements, and bank accounts.

• Process payments through SWIFT and other systems or by cheque/cash, ensuring adherence to established controls.

• Prepare billing for loans and staff receivables and ensure accurate recording of all related entries.

• Verify compliance with internal controls (i.e. authorisation, verification, and approval) before transaction processing.

• Accurately code transactions using the Bank’s Chart of Accounts for entry into relevant accounting systems.

• Input and maintain records in accounting sub-systems (Loans Management, Treasury Management, Travel Management) as well as reconciliation with the General Ledger.

• Prepare closing and adjusting journal entries in compliance with IFRS to support monthly, quarterly, and year-end reporting.

• Maintain accurate records within the Fixed Asset Management System, including additions, disposals, and adjustments, ensuring compliance with accounting standards.

• Develop schedules to support financial statements, management reporting, and presentations for the Board. Prepare accounting memoranda as necessary.

• Maintain a well-organized and accessible filing system for efficient document retrieval.

• Prepare or assist with donor claims, financial reports, and designated management reports.

• Provide support in supervising the Unit during the absence of the Accounting Assistant and assist during peak workload periods, namely month-end close.

• Demonstrate the ability to appropriately manage time and meet deadlines as established.

EDUCATION AND EXPERIENCE

The successful candidate shall have:

• • A Bachelor's degree in Accounting, Finance, or a related discipline.
  • At least 3 years of progressive accounting experience, preferably in financial services, banking, or a similar institutional environment.
  • Demonstrated experience in reconciliations, journal processing, financial reporting, and use of accounting systems.
  • Knowledge of double-entry accounting practices, with the ability to interpret transactions and assess their impact on the General Ledger.

The following are considered assets:

• Completion or active enrollment in a recognized professional accounting designation (e.g., ACCA, CPA etc.) with at least Level 2 successfully completed.
• Experience in contributing to process improvement initiatives.

FUNCTION SPECIFIC COMPETENCIES

The Senior Accounts Clerk must demonstrate strong proficiency in:

• • Organising, prioritising, and delivering accounting assignments in a timely and efficient manner.
  • Reviewing documentation for authenticity, accuracy, and compliance with policies.
  • Applying and monitoring internal controls to maintain compliance with regulatory and procedural requirements.
  • Ensuring timeliness and completeness of accounting inputs to uphold data integrity.
  • Utilising Microsoft Office Suite, especially Excel, for analysis and reporting.
  • Utilising analytical tools such as Power BI or equivalent to support the unit’s transition toward enhanced data analytics.
  • Openness to innovative practices in accounting and reporting workflows.

BEHAVIOURAL COMPETENCIES

Championing Customer Needs

Calls attention to issues that impact customer satisfaction; views situations from the perspective of customers; encourages people to think about customers when making decisions and develops and sustains productive customer relationships.

Communicating Effectively

Consistently communicates with clarity and thoroughness to optimise audience understanding. Communicates information in a clear, concise, and timely manner. Demonstrates effective speaking and presentation skills.

Demonstrating Initiative

Takes action on his/her own without being prompted; handles problems independently; able to resolve issues; does more than is expected or asked.

Driving for Results

Bottom-line oriented and pushes self and others to achieve results. Keeps current on project status; makes sure people are aware of project status and what they need to do to keep things moving.

Supporting Organisational Goals

Actively supports organisational goals and values; demonstrates enthusiasm toward the organisation's goals and mission; aligns actions around organisational goals.

TERMS OF APPOINTMENT

This role is a full-time position with the successful candidate being contracted on a two-year basis in the first instance, with the possibility of renewal.  The salary is competitive and commensurate with qualifications and experience.  The salary scale for this Grade 14 role starts at USD30,672 per annum net of taxes.  The benefits package includes a pension plan, life and medical insurances.

Before you proceed to apply, please consider the following requirements: 

• You must be a national of one of CDB’s member countries.
• You will be required to produce evidence of any educational and professional qualifications to support your application if you are selected for an interview.
• All appointments are subject to satisfactory background checks and references.

CDB fully respects the need for confidentiality of information supplied and assures you that we will not discuss your background and interest with anyone including references, without your prior consent.

The deadline for submission of applications is January 23, 2026 at 11:59 pm AST. 

The Caribbean Development Bank is an equal opportunity employer and values diversity. We encourage all qualified candidates to apply regardless of their racial, ethnic, religious, cultural background, gender, sexual orientation, or disabilities. Women are strongly encouraged to apply.

The Bank provides reasonable accommodation to individuals with disabilities who participate in the job application or interview process. Please contact us to request such accommodation.