The incumbent is responsible for the monthly financial closing process coordinating all inputs to ensure the financial accounts are prepared on a timely basis & accounting policies & procedures are adhered to.
Position: General Ledger Accountant
Reporting Relationship: This position reports to the Financial Controller, and in his/ her absence, the Chief Financial Officer.
Summary: The incumbent is responsible for the monthly financial closing process coordinating all inputs to ensure the financial accounts are prepared on a timely basis and accounting policies and procedures are adhered to.
Additionally, the incumbent is responsible for balance sheet reconciliations and financial controls within the department
Duties and Responsibilities
Prepares Financial Accounts (TGI and RSC) by the 5th working day of the following month coordinating all journals and inputs required. Financial Accounts include Profit and Loss Account, Balance Sheet, Cash Flow and all the appropriate supporting schedules.
Ensures compliance with Group Reporting Standards and all internal controls and standards are met monthly, including compliance with Group Report format, reconciliation of inter-company balances, appropriate supporting schedules for financial statement, certification that all internal controls have been reviewed and performed, and that timelines of reporting deadlines are met.
Completion of key balance sheet schedules by 10th working day with reconciling items being less than 30 days e.g. leases, intercompany, A&P, prepayments etc.
Support with coordinating the requirement of the External Auditors for both the year-end and interim process
Coordinate the Fixed Asset Count, Useful life review and review of the Fixed Asset Register
Execution of at least one (1) Compliance check in ALL the following areas:
Order to Cash (O2C); Inventory Management; Cash Sales at Restaurants; Procure to Pay (P2P); Revenue Audits
Keeping abreast with IFRS to ensure compliance with key standards such as IFRS 9, IFRS 15 and IFRS 16 with preparation of position papers to justify same
Assists in the hiring and orientation of direct-report employees: trains, supervises, coaches and evaluates direct-report employee, conducting performance appraisals.
Performs other related duties as required.
Key Skills and Requirements
• Attitude
• Financial Acumen:
• Technology Proficiency:
• Communication:
• Analytical Skills:
• Team Player:
Qualifications and Working Experience
ACCA qualified or equivalent.
A minimum of (3) years’ experience in Accounting and Finance.
Working knowledge of System Dynamics/Great Plains is an asset