GL Accountant

About the role

The Accountant is responsible for managing the monthly closing process for multiple locations, performing revenue reconciliation, and collaborating with the collections department and other stakeholders. The role also includes managing prepayments, accruals, and other financial schedules, as well as ensuring compliance with VAT regulations.

Key Responsibilities:

Monthly Closing Process: 

• Owns the monthly financial closing process for multiple locations.
• Ensure all financial transactions are accurately recorded and reported.
• Prepare and review journal entries, account reconciliations, and financial statements.

Revenue Reconciliation:

• Perform detailed revenue reconciliations to ensure accuracy and completeness.
• Identify and resolve discrepancies between reported revenues and actual figures.
• Work closely with the sales and operations teams to validate revenue data.

Collaboration with Collections Department:

• Coordinate with the collections department to track and reconcile receivables.
• Assist in the analysis and reporting of aged receivables.
• Ensure timely and accurate application of cash receipts.

Prepayments and Accruals:

• Manage and reconcile prepayment accounts.
• Calculate and record monthly accruals.
• Prepare supporting schedules and documentation for prepayments and accruals.

Financial Schedules and Reporting:

• Prepare various financial schedules, including fixed assets, depreciation, and amortization schedules.
• Ensure all schedules are updated and reconciled monthly.
• Assist in the preparation of financial reports for management and external stakeholders.

VAT Compliance:

• Ensure compliance with VAT regulations for all transactions.
• Prepare and submit VAT returns accurately and on time.
• Maintain up-to-date knowledge of VAT laws and regulations.

Internal Controls and Process Improvement:

• Maintain and improve internal controls related to financial reporting.
• Identify areas for process improvement and implement best practices.
• Participate in audits and provide necessary documentation and support.