Eight Treasury staff members are pursuing educational courses, underwritten by the department, which will help to improve their career prospects.
Senior EPS Reporting Accountant Carlene Watler-Scott has recently completed the certified accounting technician (CAT) course, and has progressed to part two of the Association of Chartered Certified Accountant (ACCA) professional scheme.
Financial Administrator Gladys McLean; Debt Recovery Officer Thoywell Facey; and Senior EPS (Entire Public Sector) Reporting Accountant Jane Carias are at the advanced level of the CAT course. Credit and Debt Administrator Shiann Palmer is at the intermediate level.
Deputy Manager (EPS Reporting) Randy Myles is studying to become a certified public accountant (CPA). Debt Recovery Officers Jairia Barton and Georgina Williams are pursuing associate degrees in business administration at the University College of the Cayman Islands.
The department is paying all costs of the courses, including books, tuition and examination fees, said Accountant General Debra Welcome. It is also providing time off to prepare for and sit examinations.
The training works well with the succession-planning initiatives that the department actively pursues, she noted.
"We are committed to providing educational opportunities to staff who wish to improve their accounting and job-related qualifications," Ms Welcome said. "I am delighted that a number of staff members have volunteered to undergo further education while continuing to work."
CAT qualifications opens up posts in the field of finance and accounting ranging from accountants to deputy chief financial officers. ACCA credentials are beneficial for chief financial officer posts, Deputy Accountant General Terrence Outar explained.
He noted that the training meets one of the department's key strategic ownership goals, which is "to strengthen capability in accrual accounting, performance monitoring, financial forecasting and financial analysis."
ACCA is an internationally recognised, professional education body headquartered in the UK, with more than 345,000 students and members in 170 countries. Treasury staff is pursuing the CAT and ACCA courses at Innovative Management and Professional Training, located in Alissta Towers on North Sound Road.
For further information contact: Bina Mani