Compliance Specialist-Distillery Agreements, Matching Fund Revenues and Capital Projects

The Distillery Agreements, Matching Fund Revenues, and Capital Projects Compliance Specialist is responsible for monitoring and ensuring compliance related to the Rum Cover Over Program, Rum Company Agreements, and Capital Projects funded through bond issuances by the Virgin Islands Public Finance Authority (VIPFA). This role supports financial oversight, reporting, reconciliation, and compliance with applicable legislation, contracts, and funding requirements.

• Track capital projects authorizations and prepare payment requests.
• Secure documents for the processing of payment for capital project expenditures.
• Coordinate, track, and prepare IRMF reports and work closely with the Calculation Agents.
• Prepare and draft calculations of the IRMF advance, True Up, and Supplemental Advances.
• Determine the amount of investments and timelines as it relate to the investment of capital project funds.
• Monthly reconcile certain capital projects accounts along with the CFT and IRMF.
• Calculate and track the Department of Interior (TTB) Rum Cover Over Program to ensure that Funds are distributed in accordance with the Rum Contracts and Legislation.
• Coordinate with internal and external accountants regarding capital project payments.
• Track gross receipts tax collections.
• Track matching fund revenue collections.
• Collaborate with external accountants, auditors, calculation agents, representatives of the GVI and its instrumentalities, and other stakeholders.
• Provide capital projects status reports to the Office of the Governor, Lt. Governor, VI Legislature, and all other departments and instrumentalities that have received funding through the VIPFA-issued bonds.
• Review and analyze payment documents for capital projects for compliance before payments are issued to verify compliance and identify potential compliance issues.
• Other related duties as assigned.

• Bachelor’s degree (BS or BA) in Business, Finance, Accounting, or a related field, and
• A minimum of three (3) years of progressively responsible experience in finance, accounting, auditing, compliance, or a related area
• An equivalent combination of education, training, and experience may be considered in lieu of the stated requirements

• Knowledge of auditing and compliance principles
• Strong attention to detail and analytical skills
• Critical thinking and problem-solving abilities
• Research and data analysis skills, including basic data visualization
• Strong organizational and time-management skills
• Ability to work independently with minimal supervision and collaboratively in a team environment
• Ability to handle confidential and sensitive information with discretion
• Excellent verbal and written communication skills
• Strong computer proficiency, including Microsoft Office applications and Excel
• Ability to establish and maintain effective working relationships with employees, external agencies, and stakeholders
• Ability to maintain accurate electronic filing systems
• Exceptional multitasking capabilities

This position reports directly to the Legal Counsel, who supervises all the work and activities surrounding the position. The job performance will be reviewed in accordance with departmental standard operating procedures, regulations, and as detailed in the Virgin Islands Public Finance Authority Handbook.

Must be able to lift up to 20 pounds. Must be able to communicate effectively on the phone and in person and speak clearly in order to communicate information. Must be able to have vision that is adequate to read voluminous documents, forms, handbooks and work at a computer screen for at least half the day. Must have high manual dexterity.

Must be able to reach overhead and below the knees to work, must be able to bend, sit for an extended period of time, stand, stoop, crouch, reach, knee, twist and turn.

Work is performed in an office setting. The noise level in the work environment is usually average.

A competitive benefits package is provided, including Government of the Virgin Islands health insurance, paid leave, retirement plan participation, and opportunities for continuing education.

This position is located at the Virgin Islands Public Finance Authority Office: 5033 Kongens Gade, Government Hill, St. Thomas, VI 00802.

The Virgin Islands Public Finance Authority is an Equal Opportunity Employer.