General Ledger Accountant

General Ledger Accountant Job Purpose Summary

Maintain the integrity of the general ledger and support accurate, timely month‑end closing and financial reporting for the real estate business. The GL Accountant is responsible for posting and maintaining journals, preparing reconciliations and schedules, supporting fixed assets and prepayments/accruals, and ensuring compliance with accounting policies and internal controls.

• General Ledger & Journal Management
  • Prepare and post journal entries (accruals, prepayments, provisions, reclassifications, depreciation) with proper supporting documents.
  • Ensure accurate account coding, cost centre/project allocation, and narrative clarity.
  • Maintain GL discipline: clearing accounts, suspense accounts, and timely corrections.
• Month‑End Close Support
  • Support the month‑end close process as per close calendar and checklist.
  • Prepare supporting schedules for key balances (accruals, prepayments, advances, retentions, deposits, intercompany).
  • Assist in preparing the trial balance and monthly close file documentation.
• Balance Sheet Reconciliations & Control
  • Prepare timely balance sheet reconciliations (bank, receivables/payables control accounts, advances, accruals, VAT/WHT, deposits, intercompany).
  • Investigate and resolve reconciling items and ensure aged items are cleared promptly.
  • Ensure proper filing of reconciliation support and sign‑off compliance.
• Fixed Assets & Capitalization
  • Maintain the fixed asset register (additions, disposals, transfers) and ensure correct depreciation calculations.
  • Support capitalization of property improvements and correct classification between CAPEX vs OPEX.
  • Maintain schedules for work‑in‑progress (WIP) / projects in progress (if applicable) and coordinate with Projects/Property teams.
• Real‑Estate‑Specific Accounting Support
  • Support proper accounting for rental/lease income accruals (as applicable) and related adjustments.
  • Support service charge accounting and cost recoveries (as applicable).
  • Support accounting for tenant deposits and other liabilities.
  • Support accounting for retentions and contractor‑related balances.
  • Ensure correct project/asset allocation and documentation for real‑estate transactions.
• Compliance, Audit & Documentation
  • Ensure adherence to IFRS (or local reporting requirements), internal accounting policies, and SOPs.
  • Prepare audit schedules and support external/internal audit requests with complete documentation.
  • Maintain orderly filing (digital and/or physical) for journals, reconciliations, and supporting evidence.
• Systems & Process Improvement
  • Use ERP/accounting system effectively and ensure data quality for GL entries and master data.
  • Identify process improvement opportunities (templates, standard journals, recurring entries, reconciliation automation).
  • Support finance initiatives such as closing discipline enhancement and control strengthening.

• Technical / Functional Skills
  • Strong knowledge of general ledger accounting and financial reporting.
  • Experience in journal entries, reconciliations, and closing processes.
  • Understanding of IFRS and accounting standards.
  • Knowledge of fixed assets, accruals, and provisions accounting.
  • Familiarity with ERP systems (e.g., Odoo) and accounting modules.
  • Ability to analyse financial data and identify discrepancies.
• Professional Skills
  • High level of accuracy and attention to detail.
  • Strong analytical and problem‑solving skills.
  • Ability to meet strict deadlines, especially during closing cycles.
  • Good communication and coordination skills with internal teams.
  • Integrity and confidentiality in handling financial information.
  • Organized and structured approach to work.

Education:

• Bachelor's degree in accounting/finance or related field.

Certificates:

Preferred Certifications include:

• ACCA.
• CPA or equivalent professional certification (advantage).
• IFRS certification or relevant accounting training.

• Computer literate.
• Proficiency in:
  • MS Excel (reconciliations, schedules, data analysis).
  • ERP/accounting systems (e.g., Odoo).
  • Financial reporting tools.

English. Arabic is a plus.

• 5 - 7 years of relevant accounting experience (GL / reporting / reconciliations).
• Experience in month‑end closing, reconciliations, and financial reporting is required.
• Experience in real estate, asset management, or similar environments is an advantage.