General Ledger Accountant

The General Ledger Accountant is responsible for managing and reviewing general ledger accounts and ensuring the accuracy, completeness, and validity of accounting entries. The role includes performing required reconciliations, managing accruals and prepayments, preparing correcting and reclassification entries, and supporting the monthly and annual financial closing processes.

The position aims to ensure the integrity of account balances and the proper recording of transactions in the correct accounting period, account, project, and cost center, as well as preparing the accounting data required for financial reporting and internal and external audits.

• Review and record accounting journal entries within the assigned area of responsibility and ensure their accuracy, completeness, and supporting documentation.
• Verify the accuracy of accounts, accounting periods, projects, cost centers, and accounting classifications.
• Prepare correcting entries, reclassification entries, accruals, prepayments, depreciation entries, and other required journal entries as needed.
• Review unusual, abnormal, or unexplained balances and coordinate with the relevant parties to resolve them.
• Maintain the accuracy and integrity of general ledger account balances.

• Prepare and review periodic reconciliations for significant accounts.
• Reconcile general ledger balances with supporting systems and records, including Accounts Receivable, Accounts Payable, banks, payroll, fixed assets, and other relevant accounts.
• Identify discrepancies, investigate their causes, and take the necessary corrective actions.
• Monitor outstanding balances, reconciliation accounts, and temporary/suspense accounts and ensure they are cleared and resolved in a timely manner.

• Prepare and monitor accrual and prepaid expense entries in accordance with approved accounting policies.
• Perform periodic reconciliations and amortization of prepaid expenses.
• Ensure expenses are recognized in the correct financial period in accordance with the accrual basis of accounting.

• Review the accounting treatment of salaries, allowances, deductions, and related liabilities and reconcile them with the general ledger.
• Ensure payroll costs are allocated to the correct accounts, projects, and cost centers.
• Record and monitor fixed assets, additions, disposals, and depreciation within the assigned area of responsibility.
• Reconcile the fixed asset register with the corresponding general ledger balances.

• Review the allocation of revenues and expenses to the appropriate projects, cost centers, and accounts.
• Correct allocation or classification errors and coordinate with the relevant departments to resolve them.
• Support the Finance Department by providing accurate data to assist in analyzing project costs and profitability.
• Execute and monitor monthly and annual closing procedures in accordance with the approved timetable and policies.
• Complete all required reconciliations, adjustments, and journal entries prior to closing.
• Review the trial balance and ensure the integrity of account balances, with no unexplained differences or balances.
• Escalate any issues or discrepancies that may affect the closing process or financial reporting to the direct supervisor.

• Support the preparation of monthly and annual financial reports by providing accurate accounting data within the required deadlines.
• Prepare analyses and information related to account balances and unusual transactions or movements when required.
• Provide supporting schedules, documents, and reconciliations for internal and external audit activities.
• Fol…