ACCA/CA Finalists- 3 Months Role- Book keeping General Ledger Accountant- O

at  athGADLANG

Responsibilities of a General Ledger Accountant (for ACCA professionals):

Here are some of the key tasks you might encounter in a general ledger accounting role:

• Maintaining the General Ledger:
• Ensure that all financial transactions are recorded in the general ledger accurately and in a timely manner.
• This includes journal entries, adjustments, and ensuring that all accounts (e.g., assets, liabilities, equity, revenue, expenses) are properly updated.
• Reconciliation:
• Reconcile bank accounts, balance sheet accounts, and any other significant accounts to ensure that the balances match between the ledger and other financial documents.
• Perform monthly, quarterly, and year-end reconciliations to ensure the accuracy of the financial data.
• Month-End and Year-End Closing:
• Oversee month-end and year-end closing processes.
• This involves ensuring that all entries are made and all accounts are properly updated, so financial statements can be prepared.
• Financial Statement Preparation:
• Prepare accurate financial statements (income statement, balance sheet, and cash flow) from the general ledger.
• This includes making sure the financial data aligns with reporting standards (IFRS, GAAP, etc.) and company policies.
• Adjustments and Accruals:
• Record accruals, prepayments, and adjustments as needed (e.g., depreciation, bad debt provisions).
• Ensure these adjustments are accurately reflected in the financial statements.
• Fixed Asset Management:
• Track and maintain fixed asset registers, including depreciation calculations and updates to the general ledger.
• Tax Compliance:
• Ensure proper tax entries are made to the general ledger and support tax filings (e.g., VAT, corporate tax, etc.).
• Internal Controls:
• Assist with ensuring compliance with internal controls and accounting policies.
• Review transactions for potential errors, fraud, or discrepancies and propose corrective action.
• Reporting and Analysis:
• Provide insights into financial performance and assist in preparing management reports.
• In some organizations, the role also includes variance analysis between actual and budgeted figures, providing insights on performance.
• Audits:
• Provide necessary documentation and support during internal and external audits.
• Help address auditor queries related to general ledger balances and financial transactions.

Job Types: Full-time, Contrac

• Maintaining the General Ledger:
• Ensure that all financial transactions are recorded in the general ledger accurately and in a timely manner.
• This includes journal entries, adjustments, and ensuring that all accounts (e.g., assets, liabilities, equity, revenue, expenses) are properly updated.
• Reconciliation:
• Reconcile bank accounts, balance sheet accounts, and any other significant accounts to ensure that the balances match between the ledger and other financial documents.
• Perform monthly, quarterly, and year-end reconciliations to ensure the accuracy of the financial data.
• Month-End and Year-End Closing:
• Oversee month-end and year-end closing processes.
• This involves ensuring that all entries are made and all accounts are properly updated, so financial statements can be prepared.
• Financial Statement Preparation:
• Prepare accurate financial statements (income statement, balance sheet, and cash flow) from the general ledger.
• This includes making sure the financial data aligns with reporting standards (IFRS, GAAP, etc.) and company policies.
• Adjustments and Accruals:
• Record accruals, prepayments, and adjustments as needed (e.g., depreciation, bad debt provisions).
• Ensure these adjustments are accurately reflected in the financial statements.
• Fixed Asset Management:
• Track and maintain fixed asset registers, including depreciation calculations and updates to the general ledger.
• Tax Compliance:
• Ensure proper tax entries are made to the general ledger and support tax filings (e.g., VAT, corporate tax, etc.).
• Internal Controls:
• Assist with ensuring compliance with internal controls and accounting policies.
• Review transactions for potential errors, fraud, or discrepancies and propose corrective action.
• Reporting and Analysis:
• Provide insights into financial performance and assist in preparing management reports.
• In some organizations, the role also includes variance analysis between actual and budgeted figures, providing insights on performance.
• Audits:
• Provide necessary documentation and support during internal and external audits.
• Help address auditor queries related to general ledger balances and financial transactions