Senior Manager – General Ledger and Reconciliation

General Ledger Management

• Oversee daily GL operations and ensure timely posting of all transaction

• Manage the month-end, quarter-end, and year-end close processes

• Review and approve journal entries, ensuring compliance with accounting policies

• Ensure proper controls are in place fo\r GL transactions and system access

Reconciliation Process

• Oversee the preparation and review of all balance sheet reconciliations

• Ensure timely completion of bank reconciliations

• Ensure compliance with internal controls and accounting policies during the reconciliation process

• Drive collaboration with the other GS functional managers to ensure completeness of sub-ledger to ledger reconciliations

• Investigate and resolve discrepancies identified during reconciliations

• Implement and maintain a robust reconciliation tracking system

Reporting

• Analyse GL data to identify trends, variances, and anomalies

• Provide explanations for significant variances to senior management

• Support the preparation of external financial reports and regulatory filings

Compliance and Audit Support

• Ensure compliance with accounting standards (GAAP/IFRS) and internal policies

• Prepare audit schedules and support external auditors during audits

• Implement and maintain internal controls related to GL and reconciliations

Stakeholder Management

• Collaborate with other GS Finance teams to ensure the financial data is accurate and up to date

• Serve as the primary escalation point for critical issues, ensuring swift resolution through coordination with IT and other key stakeholders

• Supervise a team of Assistant Managers, Senior Associates, and Associates in GL and reconciliation function

• Build strong relationships with internal stakeholders, such as accounting, reporting, and IT teams, to ensure alignment of processes

• Provide regular updates and escalate issues to senior management in a timely manner

Internal Controls & Compliance

• Ensure adherence to internal controls and compliance procedures, identifying areas for improvement and driving corrective actions

• Monitor adherence to the risk assessment framework and checklists across all operations, systems, and processes; review risk assessment outcomes and identify relevant internal controls to close vulnerabilities

Process Improvement & Reporting

• Guide internal teams and support execution of special projects and initiatives to ensure continuous value addition by GS Finance in line with business goals Continuously assess and improve the efficiency of GL and reconciliation processes through automation and best practices

• Develop and implement best practices for reconciliation and reporting that enhance accuracy and reduce time spent on manual processes

• Manage the preparation and review of reconciliation reports and documentation for internal and external audits

• Align R2R processes across subsidiaries while maintaining flexibility

• Identify and recommend opportunities for cost reduction and efficiency improvement within existing processes

• Collaborate with internal and external stakeholders to ensure effective implementation of process improvements