Learn more about some of the careers available in international business in Barbados and the pathways to take to achieve them.

1. International Business in Barbados
Nature, Contribution and Careers
June 12 Outreach Programme 1

2. OUTLINE
• Overview of the sector
• Contribution to the national economy
• Success Factors
• Careers
• The YOU Factor
June 12 Outreach Programme 2

3. Overview of the sector
What is international business?
- Any Barbados-based business activity that
serves foreign or international customers
June 12 Outreach Programme 3

4. Extent of International Business
Originating in Barbados
• Manufacturing
• Banking
• Insurance
• International Sales,
Marketing &
Management
• Mining
• Oil & Gas
June 12 Outreach Programme 4

5. Hotels
Professional
Restaurants services:
International -Accountants
-Lawyers
Business in
Barbados
Car Rentals Sundry Small
Businesses
-Janitorial Services
-Catering
Banking &
-Security Services
Insurance - Approx. -Local Courier Services
Services 4,000 employed
- Av. Salary $6,000
- Corp. Tax Utilities
Real Estate: $240.2 M. (2009)-62.4% -Telecommunications
Office & - PAYE
-Water
-Electricity
Residence - NIS
June 12 Outreach Programme 5

6. Attainable Positions
o Accountant
o Account Executive
o Administrative Assistant/Receptionist
o Attorney-at-Law/Legal Counsel
o Client Accountant
o Corporate Secretary
o Information System Administrator
o Investment Analyst
June 12 Outreach Programme 6

7. Attainable Positions
o Junior Accountant
o Receptionist
o Insurance/Reinsurance Actuary
o Retail Sales Support Administrator
June 12 Outreach Programme 7

8. Accountant
Job Profile/Function
Responsible for
Establishing and maintaining a system of financial controls
Accuracy and completeness of the Company’s accounting record
Presentation of monthly, quarterly and annual financial statements
June 12 Outreach Programme 8

9. Accountant Cont’d
Qualifications, Skills & Attributes
A Bachelor’s degree in Accounting and must be pursuing
or have a professional accounting designation which are :
ACCA – Association of Chartered & Certified
Accountants
CGA – Certified General Accountant
CA - Chartered Accountant, or
CPA – Certified Public Accountant
June 12 Outreach Programme 9

10. Attorney-at-Law/Legal Counsel
Job Profile/Function
Responsible for
Setting up and establishing the various
corporate entities
Ensuring compliance with the laws under which the Company operates
Preparing
Legal documents
Legal opinions
Various reports to the Board
June 12 Outreach Programme 10

11. Attorney-at-Law/Legal Counsel
Cont’d
Qualifications
A Bachelor’s Degree in Law and a
Legal Education Certificate from a
recognized Law School
June 12 Outreach Programme 11

12. Corporate Secretary
Job Profile/Function
Organising
Board of Directors’ and Committees’
Meetings
Recording minutes of meetings
Assisting with the annual election of Directors
Administering the payment of fees
Handling
Shareholder relations
Coordinating annual meetings
Maintaining a list of officers and directors
Proposing policies and practices and
Submits various reports to the Board
June 12 Outreach Programme 12

13. Corporate Secretary
Cont’d
Qualifications, Skills & Attributes
A professional designation such as ICSA
(Institute of Chartered Secretaries and
Administrators) , OR a law degree
June 12 Outreach Programme 13

14. Information Systems
Administrator
Job Profile/Function
Assisting with
The management of the Company’s internal Microsoft and
Windows NT networks and server
The design, and production of management reports
The implementing of all software interfaces needed by the
Company.
Developing and maintaining the company’s IT system
Supporting
The company’s IT Manager/Consultant
June 12 Outreach Programme 14

15. Information Systems
Administrator
Primary Responsibilities include:
Trouble-shooting network problems
Ensuring minimum downtime
Ensuring that all equipment is functioning in an efficient
manner
Providing training for staff in use of various computer
tools and software packages
Reports to an IT Manager
June 12 Outreach Programme 15

16. Information Systems
Administrator Cont’d
Qualifications, Skills & Attributes
A Bachelor’s degree in computer science, information
technology or related discipline
A Bachelor’s degree in information technology and
certification as a Microsoft Professional.
June 12 Outreach Programme 16

17. Investment Analyst
Job Profile/Function
Assisting in
Analysis of the investment opportunities
Making written recommendations using appropriate
analysis
Ongoing development of Company’s investment policies
Preparing
Corporate reports
Financial year-end and interim reports
Presentations
Reports to the Investment Manager
June 12 Outreach Programme 17

18. Investment Analyst
Qualifications, Skills & Attributes
A Bachelor’s degree in Finance, Economics or Accounting
and enrolled in a professional Securities training
programme, OR
A Master’s degree in Finance or Accounting
June 12 Outreach Programme 18

19. Insurance/Reinsurance Actuary
Job Profile/Function
Strategic planning
Ensuring that asset - liability management,
accounting and other financial reporting issues
are appropriately addressed.
Managing the company’s integrity and
pricing processes for various transactions
Assisting with quarterly financial reporting
June 12 Outreach Programme 19

20. Insurance/Reinsurance
Actuary Cont’d
Qualifications, Skills & Attributes
Should have a degree in Actuarial Science and be a Fellow of the
Society of Actuaries (FSA)
Strong knowledge of reinsurance market and regulations is desirable
Experience in financial or insurance related roles:
June 12 Outreach Programme 20

21. The YOU Factor
You are important to national development:
(Economic development is all about people)
• Competition is global
• Good professional skills base
• Very good communications skills
• Right attitude
• Commitment to being effective and efficient
June 12 Outreach Programme 21

22. Q&A
June 12 Outreach Programme 22