General Ledger Accountant

Job Description

We are seeking a detail-oriented GL Accountant to join our team in India, focusing on supporting our US operations through comprehensive financial management tasks. This role involves a blend of financial statement preparation, account reconciliation, fixed asset management, and process improvement within the accounts payable framework. Key Responsibilities: Financial Statement Preparation: Prepare and analyze financial statements to ensure accuracy and compliance with accounting standards. Review financial data to ensure it reflects the companys true financial position. Account Reconciliation: Perform reconciliations of the accounts payable sub-ledger to the general ledger, ensuring all entries are accurate. Reconcile bank statements with the general ledger, identifying and resolving any discrepancies. General Ledger Management: Record all bank statements in the general ledger. Post remaining invoices to the general ledger, ensuring correct allocation. Resolve posting errors and make necessary adjustments to maintain ledger integrity. Fixed Assets Management: Manage fixed assets by calculating depreciation, posting depreciation journals, and ensuring the fixed asset register aligns with the general ledger. Reconcile fixed asset registers to the general ledger monthly. Monitor CAPEX and act as the point of communication for Project Accountants. Reporting: Produce period-end reports, including balance sheets, income statements, and cash flow statements, distributing these to business management for review. Monitor and report on key performance indicators related to accounts payable, providing insights on payment cycles, discounts captured, and supplier performance. Month-End Close: Assist with month-end close activities, ensuring all financial transactions are properly accounted for within the period. Process Improvement: Continuously seek improvements in the accounts payable process and management to enhance efficiency and accuracy. Initiate and lead improvement projects, leveraging tools like Python, VBA, and/or Power Automate to drive better financial operations. Qualifications: Bachelors degree in Accounting, Finance, or a related field. Relevant years of experience in accounting, with a focus on financial reporting and accounts payable. Strong understanding of accounting principles and practices. Experience with accounting software; proficiency in ERP systems such as SAP or Oracle is advantageous. Exceptional attention to detail and a commitment to accuracy. Ability to manage multiple tasks and meet deadlines. Understanding of Capital Expenditure treatment and GAAP guidelines. Experience with depreciation calculations and a clear understanding of the asset life cycle. Ability to analyze fixed asset-related balance sheet accounts and provide variance explanations. Skills: Advanced Excel skills for data analysis and reporting. Excellent communication skills to collaborate effectively with US and local teams. Proactive mindset for initiating and managing process improvement projects. Additional Information: Operational Support: This role supports US operations, requiring effective coordination across different time zones. Reporting: While this position prepares reports, strategic analysis may be conducted by other team members.