Description
General Ledger Manager
Position Summary:
The General Ledger manager manages the company's financial records by tracking daily transactions, preparing journal entries, and reconciling accounts during month-end closes. They ensure financial statements are accurate, balanced, and compliant with regulatory standards (GAAP).
Core Responsibilities:
Month-End Close: Execute full-cycle closing processes, including posting accruals, deferrals, and standard journal entries.
Account Reconciliations: Balance and verify all balance sheet and income statement accounts to resolve discrepancies.
Financial Reporting: Prepare accurate monthly, quarterly, and annual financial statements for management.
Compliance & Auditing: Apply accounting principles (GAAP) and assist external auditors by providing transaction details and trial balances.
Cross-Functional Support: Review data from Accounts Payable (AP) and Accounts Receivable (AR) to ensure proper expense classification.
Requirements
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Minimum Requirements:
Balance sheet account reconciliation and general ledger maintenance for accounts assigned.
Perform bank account reconciliations and collaborate with AR/AP to resolve outstanding items.
Administer and maintain Fixed Assets & Projects module, including asset additions, retirements, and monthly reconciliation.
Support Manufacturing, including month end close and inventory reconciliation.
Support inventory accounting, standard cost updates, and cost variance analysis.
Compile excess and obsolete inventory reserve calculations.
Prepare detailed schedules and analyses to support external financial audits.
Assist in annual physical inventory planning and execution.
Participate in audits and quarterly reviews regarding entity matters.
Help identify and implement best practices and improvements in accounting and reporting processes and controls.
Ad Hoc reporting and analysis as required.
Technical Skills:
Advanced computer skills. Excel skill required; pivot table, v-lookup, text to column.
