The finance team is crucial for maintaining financial health and stability. This team comprises accounts payable, tax and treasury, payroll, and investor relations. Together, they manage financial planning, transactions, compliance, and investor communications, ensuring the organization operates efficiently and meets its strategic goals.
The role of the General Ledger Accountant involves posting prepayments, cash management, accruals, reclassifications, performing PL review and BS reconciliation, following the processes in place, and applying the communicated controls, so that GL operational activities are conducted in a timely and efficient manner.
Responsibilities:
- Work closely with the teams that will be processing the accounting transactions for Accounts Payables, Accounts Receivables, and Intercompany;
- Be responsible for the Cash management to post Banks;
- Be responsible for the monthly accruals and prepayment postings, reviewing A/P and A/R bookings for compliance with group accounting policies, and analysing and ensuring accuracy and completeness of all postings;
- Performing the monthly accounting reconciliations and investigating all outstanding items and discrepancies;
- Process fixed assets (additions, transfers, disposals, sales). Run depreciation and check if the module matches GL;
- Reconcile Trial Balance with sub-ledgers and provide back-up for the non-subledger-related nominal. Support as backup activity the needs of the business. Prepare Intercompany calculation;
- Perform Transfer Pricing calculations. Work very closely with the Local teams in the areas in which the ownership is local;
- Help on any other GL activity that might be needed at a certain point (Cash Management, Fixed Assets, Banks, Intercompany, and BS&PL Accounts reconciliations);
- Prepare any needed analysis for P&L variation and P&L details required ad-hoc or within the Closing calendar;
- Participate during the month-end closing accounting process and support during the year-end audit;
- Assist the Finance team with ad-hoc tasks, projects, and reporting. (e.g. R&D claims, monthly KPI reporting, Fixed Assets reporting);
- Work closely with the BU managers/PM community supporting them with technical accounting input and postings related details.