Accountant Salary at Petrocaribe Inc BETA

How much does a Petrocaribe Inc Accountant make?

As of March 2025, the average annual salary for an Accountant at Petrocaribe Inc is $89,049, which translates to approximately $43 per hour. Salaries for Accountant at Petrocaribe Inc typically range from $81,467 to $96,553, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Petrocaribe Inc Overview

Website:
petrocaribe.org
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Financial Services

The PetroCaribe Development Fund (The Fund), is a body corporate created by the Government of Jamaica in December 2006 to manage the proceeds which accrue to Jamaica under the PetroCaribe Energy Cooperation Agreement through an Amendment to the Petroleum Act in 2006. Under the Agreement, the Government of Venezuela agreed to convert a portion of each payment due for petroleum products supplied to PetroJam Ltd., the state owned refinery, into a long term concessionary loan. The amount financed from each invoice, the interest rate and the repayment period depend on the prevailing price of oil in the international market place. When the price of oil exceeds US$40 per barrel, between 30% and 70% of each invoice is financed and the loan is repaid over 25 years at 1% interest rate per annum. Below US$40, between 5% and 25% of each invoice would be financed over 17 years at a 2% interest rate per annum. The inflows that accrue to Jamaica under the arrangement are managed by the Fund and are used to provide loan financing to the Ministry of Finance and Planning and self-financing public bodies for critical development projects. The Fund also maintains a portfolio of investments to enhance its overall returns and provide liquidity for GOJ debt servicing and operational expenses. The strategic objective of The Fund is to utilize the available resources to promote the goals of the PetroCaribe Energy Cooperation Agreement which is to contribute to the country's economic and social transformation. Its operations must be financially sustainable so as to ensure that the resources are available to service the debt obligations to Venezuela as they become due. The resources of The Fund may be used for the following purposes: Upgrading of social and physical infrastructure Stimulating economic growth Supporting the development of human resources Supporting projects which promote the use of alternative source of energy Refinancing of public sector domestic debt The Fund also operates a grant facility through which investments ...

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What Skills Does a person Need at Petrocaribe Inc?

At Petrocaribe Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. General Ledger: Creating and keeping track of business transactions and activities to monitor financial operations.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
  5. Financial Statements: Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.

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Check more jobs information at Petrocaribe Inc

Job Title Average Petrocaribe Inc Salary Hourly Rate
2 Director, Commercial $197,893 $95
3 Engineer $86,443 $42
4 Office Attendant $47,646 $23
5 Financial Accountant $79,017 $38

Hourly Pay at Petrocaribe Inc

The average hourly pay at Petrocaribe Inc for an Accountant is $43 per hour. The location, department, and job description all have an impact on the typical compensation for Petrocaribe Inc positions. The pay range and total remuneration for the job title are shown in the table below. Petrocaribe Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $89,049 look to you?

FAQ about Salary and Jobs at Petrocaribe Inc

1. How much does Petrocaribe Inc pay per hour?
The average hourly pay is $43. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Petrocaribe Inc?
According to the data, the highest approximate salary is about $96,553 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Petrocaribe Inc?
According to the data, the lowest estimated salary is about $81,467 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.