Senior Associate - General Ledger

Job Purpose

The Senior Associate – General Ledger will be responsible for maintaining the accuracy and integrity of the organization’s general ledger accounts by processing journal entries, performing reconciliations, and supporting month-end and year-end financial close activities. This role ensures that financial records are compliant with applicable accounting principles, internal controls, and company policies, serving as a critical link between transactional finance and financial reporting.

Roles, Responsibilities, Duties

General Ledger Management

• Prepare accurate and timely journal entries (accruals, adjustments, reclassifications).
• Maintain and reconcile general ledger accounts monthly, including bank reconciliations, prepaid expenses, accrued liabilities, and intercompany balances.
• Assist in the monthly, quarterly, and year-end close processes to ensure deadlines are met.

Reporting & Analysis

• Support the preparation of trial balances and financial statements.
• Assist in preparing internal management reports, variance analyses, and audit schedules.
• Ensure accurate postings to the general ledger and coordinate corrections where necessary.

Controls & Compliance

• Ensure compliance with internal control procedures, accounting standards (e.g., IFRS), and company policies.
• Maintain proper documentation for journal entries and account reconciliations.

Collaboration & Communication

• Collaborate with Accounts Payable, Accounts Receivable, Fixed Assets, and other teams to ensure complete and accurate financial data.
• Support external audits by preparing required documentation and responding to auditor queries.

System Efficiency & Continuous Improvement

• Suggest process improvements to enhance the efficiency and accuracy of financial processes.
• Support integration of financial systems or implementation of automation tools as required.

Qualifications

• Bachelor’s degree in accounting, finance, or related field.
• A professional certification such as CPA, CA, or ACCA will be an added advantage.

Experience & Skills:

• Minimum 5 to 6 years of experience in accounting, with hands-on accounting experience; experience in a shared services or group environment is a plus.
• Proficiency in ERP systems (e.g., Oracle Fusion, SAP, Microsoft Dynamics).
• Advanced Excel skills (pivot tables, lookups, reconciliations).