team leader, general ledger

Overview

Who you'll be working for

What requirements you'll need to be eligible

• At least 10 years of experience in the related field

What you'll be doing on the job

Job Summary

This role is responsible supervising, coaching and reviewing work of a group of accountants/analysts who carry out general ledger (GL) and overhead accounting activities, including:

• Monthly accounting close, including posting of journal entries, generating, and analyzing reports for assigned account(s).
• Balance sheet reconciliation and preparation of schedules to support disclosure requirements.
• Coordination with other finance, business and operation departments to process transactions and review master data.

The team is also responsible for:

• Leading process improvements to rectify errors and process gaps.
• Driving standardization of GL/overhead accounting processes.

Responsibilities

• Review and approve manual journal entries for general & administrative expenses, including audit and taxation fees, legal costs, and other miscellaneous expenses.
• Review balance sheet reconciliations relating to prepayments, deposits, other assets and liabilities.
  Review VAT netting & settlement entries by accountants/analysts.
• Supervise the Cost Center Assessment/Allocation (CCA) maintenance work in SAP based on input from relevant departments. Liaise with external and internal stakeholders on all questions related to CCA.
• Supervise the creation and maintenance of Internal Orders (IO) in SAP; liaise with external and internal stakeholders on all questions related to IOs.
• Identify root cause, propose and implement process improvements (including coordinating with other functional teams where required) to rectify known errors at source, to the extent possible.
• Lead process standardization initiatives for GL/overhead accounting work centralized in KL SSC.
• Review commentary of significant fluctuations for general & administrative expenses, deposits, prepayments, other receivables, and loan accounts in monthly income statement and balance sheet review.
• Review Quarterly Schedules to support disclosure requirements in company 10-K/10-Q reports.
  Review SAP/BW reports to support local GAAP/tax preparation.
• Provide explanations and supporting documents to external auditors as necessary.
• Other ad hoc tasks assigned by management as and when required.

Consultant Contact