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General Ledger Manager

BFL Group
Dubai, United Arab Emirates
Posted 2 months ago
62People have clicked1 open position
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Company OverviewBFL Group is one of the world’s leading off-price retailer of fashion and homeware. With headquarters based in United Arab Emirates, we serve over markets across the region and in Europe.Our goal is to delight customers and entice them back with the promise of exceptional pieces that excite – all at up to 80% off the original retail price for fashion designer brands. Our unique “Treasure Hunt” model ensures there is always something new to explore, desire and discover within our stores. Our customers walk out with new items every time they visit any of our stores. Role purpose The General Ledger Manager position is primarily responsible for Expense Reports Processing, Banking, Cash Receipts, Prepaids, Accruals and related accounts reconciliations. The position requires application of IFRS, data analysis and application of appropriate accounting control procedures.Key Responsibilities Overseeing General Ledger: Supervise the maintenance of the general ledger system to ensure accuracy and completeness of financial data. Ensuring Accurate recording: Ensure accurate recording of financial transactions in the general ledger, including journal entries, adjustments, and allocation Preparing Financial Statements: Prepare and analyse financial statements such as Balance Sheet, Income statements and Cash Flow statements. Managing Month-end & Yearend closing process: Coordinate and manage the month-end and year-end closing processes, including reconciliations, accruals and adjustments. Reconciling accounts: Perform regular reconciliations of general ledger accounts to subsidiary ledgers and external records to identify and resolve discrepancies. Train team members: Provide guidance and training and support as needed. Ensuring compliance: Establish and maintain internal controls over general ledger process to safeguard assets and maintain data integrity. Collaborating with team members: Collaborate within team members handling various functions such as finance, treasury, audit to support financial reporting and analysis needs. Continuous improvement: Identify opportunities for process improvement and efficiency enhancements with general ledger function, implementing best practice and automation wherever required.Qualifications A college degree in business or accounting. CA / CPA highly advantageous Familiarity with general accounting, having a good understanding of IFRS, proficient in spreadsheet, and be able to work in teams or work alone under self-direction. The general ledger accountant must also have good communication skills, as the position has contacts with various levels within the organization, as well as auditors, customers, government agencies, and banks. 5/7 years of relevant experience Retail experience is a must. Big 4 background highly advantageous If you think you are fit for this job position, then apply right away. You are steps away from joining a Great Place to Work© and we would love to meet you soon!

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