Profile of Grace Wyatt

Grace Wyatt Chartered Accountant
35 years experience 0 projects worked Jamaica
$7,500.00 /hr $0 earned

PROFESSIONAL                   Over thirty years in Public Accounting, Banking, Financial and

EXPERIENCE:                      Treasury Management.


April 2016 – March 2020        Hussey Group of Companies, 21 Central Avenue, Kingston 10.

Chief Financial Officer: reporting to the Board of Directors and the Chief Executive Officer.  Responsibility for Finance and Accounting for all companies in the Group.  This included Liguanea Lane Pharmacy Limited, Everglades Farms Limited, Terra Nova All-Suite Hotel, Super Cleaners Dry Cleaners among other non-trading companies and real estate holding companies.  The Group operates two major pharmacies, six gaming lounges, thirteen dry cleaning outlets in Kingston, potable water facility at the old Kingston Ice property downtown Kingston and a rum distillery at Hampden Estate in Trelawny.


January 2011 – 2016               Sierra Associates Limited, 2a Braemar Avenue, Kingston 10.Business Valuations and Due Diligence Exercises associated with the acquisition of various companies locally and overseas.



June 2009 – October 2010       Cable & Wireless Jamaica Limited, 2 Carlton Crescent, Kingston 10.

                                                Vice President – Finance: reporting to the Regional Chief Financial Officer.


                                                Leadership of the corporate accounting and financial reporting functions of the Business Unit to ensure timely and accurate financial reports are presented to regional and head office management, shareholders and regulators. Certification of the quarterly and annual returns and representations on accounting controls. Develop and maintain strong relationships with the Heads of the Financial Shared Service Centre and the Centres of Excellence supporting the In-Country Finance function.  Manage, train and encourage professional training and development for the Team of financial accountants and analysts.  Support the Managing Director in the management of the operations and the development and execution of the strategic business plans.


April 1996 – May 2009            Island (Jamaica) Limited, Eden Bower Road, Ocho Rios, St. Ann:


                                                Chief Financial Officer:  Reporting to the Chief Executive Officer.


                                                Chief Financial Officer and Company Secretary of the Group, comprising a holding company and ten subsidiary companies operating in the Tourism, Entertainment and Real Estate sectors.


                                                Executive management responsibility for the group of companies for the Human resources, Administration, Legal and Corporate Affairs, Accounting, Finance, Taxation and Treasury.


1994 – 1996                              Neal & Massy Group Jamaica Ltd., 2 Holborn Road, Kingston 10.

                                                Group Finance Director:  Reporting to the Chairman and Chief Executive Officer in Jamaica and the Group Finance Director, Neal & Massy Holdings Limited, Trinidad.


                                                Chief Financial Officer of the Group, comprising a holding company and twenty one subsidiaries operating in the Manufacturing, Distributive, Financial, Tourism and Telecommunications sectors.


                                                Corporate Secretary and member of the Board of Directors of several subsidiary and associated companies.


                                                Responsible to:-


                                                Direct the Treasury, Controller and Financial Services functions and provide staff support services to the operating subsidiaries.  Participate in planning and controlling corporate growth, review and approve corporate objectives and evaluate performance against these objectives as a Member of the Executive Management Board.


Direct all corporate financing and activities which lead to the most advantage allocation of resources and develop corporate finance objectives including short and long range programs and formulate plans to meet these objectives.


                                                Establish accounting policies and procedures for the Group to ensure effective recording, analyzing and reporting of all financial matters.  This includes taxation, audit, consolidated financial reporting, as well as internal control activities.


                                                Secure operating funds for the Group at minimum cost, as well as invest surplus cash for maximum return within the risk profile of the organization.


                                                Participate in the recruiting, motivating and professional development of Financial Executives within the Group.


1991-1993                                                                Atlantic Tele-Network, Inc., St. Thomas, US Virgin Islands.

Controller, Guyana Telephone & Telegraph Company Ltd.

(GT&T):  Reporting to the Chief Financial Officer, Atlantic Tele-Network Inc., a publicly held multinational telecommunications holding company with five subsidiaries including GT&T.


Responsible for the monthly financial statements of GT&T and involved with the preparation of 10K and 10Q reports to the Securities and Exchange Commission.


Responsible for the design, Implementation and monitoring of new internal control and accounting procedures within a computerized environment to modernize an accounting system which was manual in all aspects of its operations.


Managed the accounting, warehousing and data processing departments with a staff of forty-eight including two qualified accountants, a qualified computer systems analyst and a qualified engineer. Managed and controlled costs for a US$50 million Expansion Project to provide telecommunication services to the urban, rural and remote interior areas of Guyana.


1989-1991                                                                 Swiss American Bank, High Street, St. John’s Antigua

Chief Financial Officer:     Reporting to the General Manager and Board of Directors with responsibility for the financial and accounting management of the Bank’s operations.  This included the design and implementation of internal control and accounting systems, managing the Bank’s computer facilities and supervising a staff of twenty, Presentation of monthly financial statements for the domestic and offshore banks to the Board of Directors.


1986-1989                                                                 KPMG Peat Marwick, 6 Duke Street, Kingston, Jamaica W.I.

Audit Manager:     Managed portfolio of large audit clients and supervised audit group of twenty-five professionals, including eight Chartered Accountants, with responsibility for staff training and development.  Member of the Professional Practice Committee which has sole responsibility for developing and implementing standards for the Practice and advising on technical issues arising in the application of these standards.


1984-1986                                                                 KPMG Peat Marwick, 345 park Avenue, New York, NY 10154

Audit Manager, Insurance Practice:  Managed a portfolio of large Property and Casualty and Life Insurance clients.  Professional development programmme Instructor.


1980-1984                               KPMG Peat Marwick, 6 Duke Street, Kingston, Jamaica W.I.


             Senior Accountant:     In-charge Accountant responsibilities for large

             audit clients as well as responsibilities to train and supervise staff.


1977-1978                               Senior Assistant Accountant:    Responsibilities included the review

                                                and testing of internal control systems and assisting with substantive

                                                audit procedures.



                                               Colorado State Board Examinations (1986)


                                               UNIVERSITY OF THE WEST INDIES, MONA

                                               Master of Science, Accounting (1980)


                                               UNIVERSITY OF WINDSOR, ONTARIO, CANADA

                                               Bachelor of Commerce, Accounting (1977)

                                               Bachelor of Arts, Economics (1977)



AFFILIATION:                   Chartered Accountant










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