General Ledger Senior Accountant

Job Description

General Ledger Senior Accountantposted 1 day ago in * Post Date : May 26, 2022 * 1 Click(s) * View(s) 9 * Share:Richemont owns some of the worlds leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons values, through a process of continuous creativity.Please note this is a Fixed-Term position*MAIN PURPOSE* The Senior GL accountant is responsible for overseeing the GL functions and providing overall guidance to the GL staff members* Maintain accurate financial statements by ensuring that balance sheet accounts reflect valid transactions and that P&L accounts are accurate and complete* Perform and assure accurate monthly, quarterly, and year-end accounting closing processes including accounts analysis and reconciliations relevant to the GL function* Ensure compliance of financial data to internal, professional, and regulatory standards* Contribute to process improvements, efficiency opportunities, and policy updates* Propose improvements and innovations that increase process efficiencyKEY RESPONSIBILITIESReviews and Validations* Review and validate the completeness of all journal entries and adjustments (provisions, accruals, etc..)* Review bank reconciliations* Ensure Balance Sheet policy maintenance, application, and implementation* Ensure that Balance Sheet Schedules are properly updated, follow-up and action plans are done on old items and supporting documents are present* Perform monthly Balance Sheet review with R&A Manager, report escalations when needed* Review relevant reconciliation of accounts (stocks, suppliers, intercompany, and other general ledgers) as per the defined frequency* Sign-off balance confirmations* Review petty cash counts and deposit confirmation* Ensuring that general ledger accounts are up to date as per Group COFA* Review and publish CAPEX Management ReportOther Functions* Perform account analysis to ensure that journal entries and balances are correct and apply necessary accruals* Align general ledger accounting practices to support budgeting and forecasting* Assist in SAP technical queries and coordinate with central SAP Team when needed* Develop and document business processes and update policies to maintain and strengthen internal controls* Participate in projects when needed, supervise and support projects related to GL functions* Attend to escalated issues and concerns* Other GL ad-hoc tasks as assignedAudit and Internal Controls* Assist internal and external auditors, implement recommendations (if any), and take corrective action/s when required* Perform regular tests on controls as per ICS requirementsManagement* Support the GL supervisor in managing workload assignments and delegations of the GL Team; provide support when neededSTAKEHOLDERS* Finance and Management* Maisons and Richemont Function team members* Internal and External Auditors* IT teams (legacy & SAP)JOB PROFILEEducation* B.Com/ Finance Graduate, professional accounting certification and qualification would be an advantageExperience* At least 7 years of relevant experience in Finance with at least 3 years of managerial position, audit experience is a plus* Experience in the luxury industry would be an advantageTechnical skills/abilities* Proven accounting skills and experience with GL functions, month-end/year-end closing processes* Knowledge of computerized accounting systems especially SAP* In-depth knowledge of International Accounting Standards / IFRS* Knowledge in UAE VAT* Good computer skills, including Excel, Word, PowerPoint, BI would be a plusPersonal skills/qualities* Strong management and leadership skills* Excellent analytical and problem-solving skills* Effective communication skills* Exceptional attention to detail* Proactive with superb time-management and organizational skills (ability to prioritize and perform multiple tasks)* Compliance mind-set* Credibility and integrity with confidential information* Presentation skills* Experience of project management methodology or will to develop it

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