In this role, you'll work in one of our IBM Consulting Client Innovation Centers (Delivery Centers), where we deliver deep technical and industry expertise to a wide range of public and private sector clients around the world. Our delivery centers offer our clients locally based skills and technical expertise to drive innovation and adoption of new technology.
General Ledger Accountant’s work consists primarily of general accounting activities. They include preparation and posting of journal entries, maintenance of balance sheet accounts and these accounts’ reconciliations. Moreover, he/she takes part in periods’ closings and accounts’ analysis and supports senior colleagues (Senior Accountants / Chief Accountant) in carrying out responsibilities of the accounting department.
Your Roles and Responsibilities
Ability to cope with different situations, different requirements, uncertainty and stress; ability to modify goals and directions when needed.
Problem solving
Accurately accumulating information and its analysis; forecasting potential problems and planning; allowing for alternative, creative solutions and identifying most reasonable solutions.
Striving for ambitious goals and continuously seeking better results by overcoming challenges along the way and proactively expanding knowledge.
Taking ownership by identifying needs, making informed decisions, and assuming responsibility for tasks and outcomes.
Per Process:
1. GL & Reporting System Maintenance
a. Update and maintain the General Ledger chart of accounts with accurate data. This includes performing data validation to ensure that all entries conform to established rules and standards.
b. Input data within the General Ledger.
c. Collaborate with different teams to understand their data requirements and assist in appropriate GL data input.
d. Monitor and perform correction of any data inconsistencies or discrepancies found in the GL system.
e. Participate in regular data verification checks to ensure accuracy and compliance with accounting standards.
2. Journal entry processing
a. Perform basic data validation checks to ensure the accuracy and completeness of journal entries
b. Prepare and / post journal entries into the General Ledger system.
d. attention to their quality
3. Account Reconciliation
a. Perform periodic account reconciliations to ensure the accuracy of financial records. This includes balancing accounts between the General Ledger and subsidiary ledgers, as well as with external parties.
b. Perform the analysis of the reconciliation, identify and investigate discrepancies, and work with relevant parties to resolve any differences.
c. Maintain detailed records of reconciliation activities, including findings and resolutions.
4. Intercompany Processing and Settlement
b. Review and validate invoices before submission for processing.
5. Maintain detailed records of settlement activities.
b. Perform investigation and resolutions of any discrepancies identified during the reconciliation process.
d. Resolve any discrepancies arising from the confirmation process.
6. Cost and Inventory Accounting
a. Track and report inventory levels and costs.
b. Support the investigation and resolution of discrepancies in inventory records.
c. Perform basic data validation checks to ensure the accuracy and completeness of inventory and cost records.
d. Accurately input inventory and cost data into the General Ledger system.
7. Fixed Assets and Project Accounting
a. Perform basic data validation checks to ensure the accuracy and completeness of fixed asset records.
c. Record fixed asset additions, transfers and disposals in the General Ledger.
d. Maintain up-to-date fixed asset registers and related documentation.
e. Assist in preparing fixed asset schedules and reports.
f. Set up new projects in the accounting system, ensuring proper classification and coding.
g. Perform project transfers to other departments, and project adjustments.
8. Close and consolidation
a. Participate in the monthly close process, ensuring all accounts are accurately closed and consolidated.
b. Prepare reports, schedules, analysis and journals entries.
- Graduate of BS Accountancy, Finance, Business, Economics, or other related management degrees.
- Minimum of 1 to 2 Yrs work experience in Finance and Accounting, at least a year of experience in General Accounting (no experience required if CPA).
- Strong understanding or working knowledge of general accounting and various accounting concepts and principles.
- Advance knowledge and understanding on account reconciliation, identification of reconciling items and bring into resolution/closure, journal entry processing, month end close activities
- Advance knowledge and skills in Excel
- Excellent in written, oral and interpersonal communication skills
- Proficient knowledge and hands on experience in any related Accounting Software SAP, Oracle or any large-scale ERP system is an advantage
- Demonstrated knowledge and application of Generally Accepted Accounting Principles (GAAP, US GAAP, IFRS is an advantage)
- Ability to work independently in a fast-paced, dynamic setting while maintaining accuracy, prioritize tasks, manage multiple priorities and delivering against tight deadlines
- Demonstrated ability to solve complex of problem, results-oriented, committed to do follow ups, adds personal wisdom and experience to come to the best conclusion and solution, used multiple problem-solving tools and techniques, good relationship-building skills and should be a Team Player
- Can work on flexible hours to meet changing work environment & schedule and to meet tight deadlines
