Accountant-GL

Job Title: Accountant-GL

Job Location: Ras Al Khaima

Job Role: The Accountant - General Ledger (GL) is responsible for maintaining the integrity of the company's general ledger accounts and ensuring that all financial transactions are accurately recorded in compliance with accounting principles and internal controls. This role involves preparing journal entries, reconciling accounts, assisting in the preparation of financial statements, and supporting the month-end and year-end closing processes.

Role & Responsibilities

General Ledger Maintenance

1. Oversee the general ledger to ensure accurate and complete financial records.
2. Post journal entries to the general ledger for various business transactions, ensuring proper classification and supporting documentation.
3. Review and verify the accuracy of accounting transactions and reconcile discrepancies.

Account Reconciliation

1. Perform monthly and quarterly reconciliation of general ledger accounts, including bank accounts, balance sheet accounts, and expense accounts.
2. Identify and resolve any discrepancies between the general ledger and subsidiary records.

Month-End & Year-End Closing

1. Assist with month-end and year-end closing processes, ensuring all necessary journal entries are made to reflect accurate financial results.
2. Prepare financial reports, including income statements, balance sheets, and cash flow statements.
3. Support audit processes by preparing schedules and providing explanations of balances when required.

Financial Reporting

1. Assist in preparing management and financial reports for internal and external stakeholders.
2. Provide analysis of financial data, identifying trends, issues, and discrepancies.

Internal Controls And Compliance

1. Ensure compliance with company policies, accounting standards (e.g., GAAP, IFRS), and local regulations.
2. Assist in implementing and maintaining strong internal controls to safeguard company assets and financial data.

Variance Analysis

1. Perform regular variance analysis between actual results and budgeted or forecasted figures, explaining significant differences.

Support Financial Audits

1. Assist external and internal auditors by providing necessary documentation and explanations during audits.
2. Ensure timely response to audit requests and follow-up on issues identified.

Assist With Budgeting And Forecasting

1. Support the preparation of annual budgets and periodic forecasts by providing historical financial data and insights.

Process Improvement

1. Continuously assess accounting procedures and systems for efficiency improvements.
2. Recommend and implement improvements to streamline processes and enhance accuracy.

Experience & Education

1. Bachelor’s degree in Accounting, Finance, Business Administration, or related field (required).
2. CPA (Certified Public Accountant) or equivalent professional qualification is a plus.

Experience

1. 2-4 years of experience in accounting, with a focus on general ledger accounting.
2. Experience in accounting or finance department of a medium to large organization (preferred).

Technical Skills

1. Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks, Microsoft Dynamics, or similar).
2. Strong knowledge of Microsoft Excel (formulas, pivot tables, and data analysis).
3. Familiarity with accounting standards (e.g., GAAP, IFRS).