Manager – General Ledger

Job Overview:

Job Purpose:

To lead and manage the General Ledger (GL) function, ensuring accurate, timely, and compliant financial records that serve as the foundation for reliable financial reporting and strategic decision-making. The Manager – GL Accounting will oversee key areas such as fixed asset accounting, lease accounting (IFRS 16), and intercompany transactions, in addition to managing the monthly and annual close process, ensuring internal controls, and improving data accuracy. This role requires close collaboration with Financial Control, Procurement, Payroll, Treasury, Commercial, and Operations, and will contribute to initiatives that enhance financial systems, reporting consistency, and accounting governance.

Key Responsibilities:

GL Management & Financial Close:

• Oversee all journal entries related to accruals, provisions, amortizations, and cost allocations in compliance with IFRS.
• Manage the monthly and year-end closing process, ensuring completeness, timeliness, and accuracy of the financial results.
• Maintain the integrity of the chart of accounts and ensure the accurate classification and recording of transactions.

Reconciliation & Review:

• Supervise the preparation and review of reconciliations for key balance sheet accounts, including fixed assets, intercompany accounts, and lease liabilities.
• Investigate and resolve discrepancies, ensuring all reconciliations are audit-ready and comply with internal controls and accounting standards.
• Ensure that all reconciling items are cleared on time and proper documentation is maintained.

Fixed Asset Accounting:

• Oversee the full cycle of fixed asset accounting, including asset acquisition, depreciation, revaluation, and disposals.
• Ensure that fixed assets are correctly categorized and recorded in line with company policies and IFRS guidelines.
• Prepare detailed asset schedules for reporting purposes and coordinate with other teams for asset verification.

Lease Accounting (IFRS 16):

• Manage lease accounting in compliance with IFRS 16, ensuring accurate recognition, measurement, and reporting of lease liabilities and right-of-use assets.
• Oversee lease-related journal entries, monthly adjustments, and disclosures.
• Liaise with Procurement and other departments to ensure lease contracts are recorded accurately and consistently.

Data Accuracy & Integrity:

• Drive initiatives to enhance the consistency, completeness, and accuracy of financial data across systems and reports.
• Work closely with cross-functional teams to resolve data-related issues and implement preventative controls.
• Ensure proper mapping and classification of transactions in the ERP system to facilitate clean financial reporting.

Process Enhancement & Automation:

• Identify opportunities to streamline and automate recurring GL processes, reducing manual intervention and enhancing process efficiency.
• Support ERP system improvements, including enhancements to fixed asset and lease accounting functionality.
• Standardize GL accounting processes and ensure proper documentation of accounting procedures and controls.

Compliance & Audit:

• Ensure compliance with IFRS, local regulations, and company financial policies.
• Coordinate with internal and external auditors, providing required schedules, reconciliations, and documentation.
• Implement recommendations from audit findings to further strengthen the internal control environment.

Reporting & Coordination:

• Collaborate with FP&A and other finance teams to ensure accurate alignment between actuals and budgets/forecasts.
• Prepare or validate internal financial reports, including balance sheet and P&L statements, and support ad-hoc analysis.
• Work with departments such as Engineering, Procurement, and Commercial to ensure proper accounting of costs and accruals.

Team Leadership:

• Lead and develop a high-performing GL accounting team, fostering accountability, accuracy, and continuous improvement.
• Set performance goals, conduct regular reviews, and provide guidance and mentoring to team members.

Requirements:

• Bachelor's degree in Accounting, Finance, or a related discipline; CPA, ACCA, CMA, or equivalent qualification preferred.
• Minimum of 10 years of progressive accounting experience, with at least 5 years in a leadership or supervisory role.
• Experience in fixed asset accounting, lease accounting (IFRS 16), and monthly management reporting is essential.
• Strong understanding of IFRS, financial controls, and financial statement preparation.
• Hands-on experience with ERP systems (e.g., Oracle, SAP, MS Dynamics) and advanced Excel skills.
• Strong technical accounting expertise, including in fixed asset management, lease accounting (IFRS 16), and intercompany accounting.
• Proven ability to improve financial processes, data accuracy, and system integration.
• High attention to detail and commitment to ensuring financial data integrity.
• Excellent leadership, communication, and team management skills.
• Ability to work under pressure and meet tight deadlines.