gl accountant.

• Financial Consolidation: Execute the full financial consolidation process for all subsidiaries and business units, including preparing consolidated financial statements (Balance Sheet, Income Statement, Cash Flow Statement) and supporting schedules for management reporting.

• Intercompany Reconciliations: Perform and manage reconciliations of all intercompany accounts and transactions, ensuring timely elimination of balances to prevent misstatement in consolidated reports.

• Month-End and Year-End Close: Participate actively in the monthly, quarterly, and annual financial closing processes, ensuring all general ledger activities, journal entries, and account reconciliations are completed accurately and on time.

• Data Analysis and Reporting: Analyze financial data from various entities, identify and resolve discrepancies, and prepare variance analyses to explain fluctuations in consolidated figures.

• Compliance and Audit Support: Ensure all consolidation activities and financial statements comply with relevant accounting standards (e.g., IFRS, US GAAP). Act as a key liaison for internal and external auditors, providing necessary documentation and explanations.

• Process Improvement: Identify and contribute to process improvement initiatives within the finance function to enhance efficiency and accuracy in financial reporting and consolidation.

• Stakeholder Collaboration: Serve as a primary point of contact for finance teams across different business units, addressing GL and consolidation-related queries and providing guidance on standardized procedures.

Job Description: GL Accountant with Consolidation Experience

A GL Accountant with consolidation experience is a specialized role focused on the financial health of a company with multiple subsidiaries. They are crucial for combining the financial data of parent and subsidiary companies into a single, comprehensive set of financial statements. This position requires a strong understanding of both general ledger accounting and the specific principles of financial consolidation.

Key Responsibilities

• Financial Consolidation: Execute the full financial consolidation process for all subsidiaries and business units, including preparing consolidated financial statements (Balance Sheet, Income Statement, Cash Flow Statement) and supporting schedules for management reporting.

• Intercompany Reconciliations: Perform and manage reconciliations of all intercompany accounts and transactions, ensuring timely elimination of balances to prevent misstatement in consolidated reports.

• Month-End and Year-End Close: Participate actively in the monthly, quarterly, and annual financial closing processes, ensuring all general ledger activities, journal entries, and account reconciliations are completed accurately and on time.

• Data Analysis and Reporting: Analyze financial data from various entities, identify and resolve discrepancies, and prepare variance analyses to explain fluctuations in consolidated figures.

• Compliance and Audit Support: Ensure all consolidation activities and financial statements comply with relevant accounting standards (e.g., IFRS, US GAAP). Act as a key liaison for internal and external auditors, providing necessary documentation and explanations.

• Process Improvement: Identify and contribute to process improvement initiatives within the finance function to enhance efficiency and accuracy in financial reporting and consolidation.

• Stakeholder Collaboration: Serve as a primary point of contact for finance teams across different business units, addressing GL and consolidation-related queries and providing guidance on standardized procedures.

Qualifications and Skills

• Education: Bachelor's degree in Accounting, Finance, or a related field. Professional certifications like CPA or ACCA are highly valued.

• Experience: A minimum of 3-5 years of progressive experience in general ledger accounting, with at least 2 years specifically focused on financial consolidation.

• Technical Knowledge:

  • Consolidation Principles: Strong understanding of financial consolidation and reporting principles, including handling foreign currency translation and intercompany eliminations.

  • Accounting Standards: Solid knowledge of IFRS or US GAAP.

  • Software Proficiency: Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, etc.) and hands-on experience with major ERP systems (e.g., SAP, Oracle, Microsoft Dynamics). .

• Soft Skills:

  • Analytical Skills: Excellent analytical and problem-solving abilities with a keen attention to detail.

  • Communication: Strong verbal and written communication skills to effectively liaise with various departments and external stakeholders.

  • Work Ethic: A proactive, independent, and detail-oriented individual with the ability to manage multiple priorities and meet tight deadlines.