General Ledger & Accounts Payable Specialist

Role Overview

General Ledger & Accounts Payable Specialist at Zain Group. The role is based within the financial operations department and ensures the accuracy, integrity, and efficiency of financial records.

Role Purpose

Maintain the general ledger for the company and subsidiaries, support accounts payable operations, perform month-end close activities, and support financial reporting processes.

Key Responsibilities

General Ledger & Financial Records

• Maintain the general ledger for the company including subsidiaries.
• Prepare journal entries and perform account reconciliations.
• Conduct ledger analysis.
• Review and finalize journal entries, accruals, and adjustments to ensure completeness and accuracy of financial statements.
• Ensure adherence to accounting policies, procedures, and internal controls to safeguard the integrity of financial data.

Month-End & Year-End Close

• Support the month-end close process, coordinating with cross-functional teams to ensure accurate and timely financial reporting.
• Support month-end and year-end close processes, including accruals, reconciliations, and financial reporting related to GL and accounts payable.

Financial Reporting

• Support financial reporting activities, including the preparation of monthly, quarterly, and annual financial statements in accordance with company policies.
• Collaborate with internal and external auditors to facilitate audits and address any audit findings or inquiries.

Accounts Payable Operations

• Ensure invoice processing and payments, maintaining accuracy, completeness, and compliance with company policies and procedures.
• Maintain relationships with vendors and suppliers, addressing any issues or concerns related to accounts payable transactions.

Process Improvement & Optimization

• Identify opportunities for process improvements and automation to enhance the efficiency and effectiveness of general ledger processes.
• Implement best practices and streamline workflows to optimize resource utilization and minimize errors.
• Identify opportunities to streamline accounts payable processes and improve efficiency through automation, standardization, and best practices while ensuring compliance with accounting standards.

Team Development & Knowledge Sharing

• Provide training, coaching, and mentorship to team members to enhance their skills in accounting and finance.
• Stay updated on accounting standards, regulations, and industry trends, and share knowledge with the team.

Cross-Functional Collaboration

• Collaborate with other departments, such as Accounts Payable, Accounts Receivable, and Financial Planning & Analysis, to ensure alignment and accuracy of financial data.

Additional Duties

• Perform any other related tasks as requested.

Qualifications & Experience

• Bachelor degree in accounting or finance.
• 5+ years of relevant experience in finance and accounting.
• Professional qualifications such as ACCA preferred.

Skills & Competencies

• Extensive knowledge of accounting principles.
• Proactive approach to problem-solving.
• Competence to handle both business users and suppliers under the AP function.