Accounts Executive - General Ledger (GL)

Location:

Employment Type:

About Us

We are a leading player in the Tea and IT Industry in US and UK with a legacy of excellence spanning decades; our India HQ, based in Kolkata has a team of 75 people and provides support services to all the companies in the group by taking care of the whole IT, accounting, banking, supply chain, audit and treasury functions of the group. We are committed to maintaining the highest standards of financial integrity and transparency.

Who

Accounts Executive GL

Key Responsibilities:

General Ledger Management:

• Maintain and update the

  General Ledger (GL)

  with accuracy and timeliness.
• Ensure proper

  GL postings

  for various transactions, including

  AP, AR, Inventory, and other accounting entries

  .
• Maintain

  GL security

  and ensure compliance with internal controls.
• Work with

  Profit Centre, Cost Centre, and Chart of Accounts

  to ensure correct allocation and reporting.

Month-End and Year-End Closure:

• Execute

  month-end and year-end closing activities

  , ensuring accuracy and completeness.
• Manage

  accruals and provisions

  for various expenses and revenues.
• Post

  depreciation entries

  (auto-posted or manual, as required).
• Oversee

  capitalization of Capex items

  in line with company policies and accounting standards.

Financial Reporting:

• Prepare and review

  Trial Balance

  ,

  GL reports

  , and

  sub-ledger reports

  (Creditors, Debtors, Inventory Ledger).
• Ensure proper reconciliation between

  GL and sub-ledgers

  .
• Generate

  monthly P&L statements

  and assist in analyzing overheads and manufacturing costs (consumption and allocation).
• Support management with financial data for decision-making and reporting purposes.

Reconciliations and Reviews:

• Perform regular

  GL reconciliations

  to identify discrepancies and ensure accuracy.
• Review and approve entries related to

  consumption, allocations, and other financial transactions

  .
• Collaborate with internal and external auditors during audit cycles.

Compliance and Process Improvement:

• Ensure adherence to accounting standards, statutory compliance, and company policies.
• Suggest improvements in GL processes to enhance accuracy and efficiency.
• Support ERP-related initiatives and system improvements.

Qualifications & Skills:

• Education:

  B. Com graduate / Professional qualification (CA, CMA, or equivalent preferred).

• Experience:

  35 years of hands-on experience in

  General Ledger management

  within an ERP environment.

• Technical Skills:

• Strong knowledge of ERP systems (e.g., SAP, Oracle, or similar).
• Expertise in

  Chart of Accounts

  ,

  Profit Centre

  , and

  Cost Centre

  management.
• Proficiency in MS Excel and financial reporting tools.

Knowledge Areas:

• GL postings for AP/AR/Inventory.
• P&L accounting, overheads, and manufacturing cost allocations.
• Accruals and provisions for month-end/year-end closures.
• Trial balance preparation and review.
• Capitalisation of Capex.
• Sub-ledger reconciliation for creditors, debtors, and inventory.

Soft Skills:

• Strong analytical and problem-solving abilities.
• Attention to detail and accuracy.
• Good English communication (written & verbal) and coordination skills.
• Ability to work independently and meet strict deadlines.
• Comfortable to work with US & UK shifts

Key Performance Indicators (KPIs):

• Accuracy and timeliness of GL postings and reports.
• Smooth execution of month-end and year-end closures.
• Timely reconciliation of GL and sub-ledgers.
• Reduction in financial discrepancies and audit findings.
• Compliance with accounting policies and statutory requirements.