General Ledger (GL) Accountant

We're Hiring!!

We are hiring on behalf of our client for the position of: General Ledger Accountant.

Job Purpose Summary:

Maintain the integrity of the general ledger and support accurate, timely month-end closing and financial reporting for the real estate business. The GL Accountant is responsible for posting and maintaining journals, preparing reconciliations and schedules, supporting fixed assets and prepayments/accruals, and ensuring compliance with accounting policies and internal controls.

Detailed R&R:

• General Ledger & Journal Management:
  • Prepare and post journal entries (accruals, prepayments, provisions, reclassifications, depreciation) with proper supporting documents.
  • Ensure accurate account coding, cost centre/project allocation, and narrative clarity.
  • Maintain GL discipline: clearing accounts, suspense accounts, and timely corrections.
• Month-End Close Support
  • Support the month-end close process as per close calendar and checklist.
  • Prepare supporting schedules for key balances (accruals, prepayments, advances, retentions, deposits, intercompany).
  • Assist in preparing the trial balance and monthly close file documentation.
• Balance Sheet Reconciliations & Control:
  • Prepare timely balance sheet reconciliations (bank, receivables/payables control accounts, advances, accruals, VAT/WHT, deposits, intercompany).
  • Investigate and resolve reconciling items and ensure aged items are cleared promptly.
  • Ensure proper filing of reconciliation support and sign-off compliance.
• Fixed Assets & Capitalization:
  • Maintain the fixed asset register (additions, disposals, transfers) and ensure correct depreciation calculations.
  • Support capitalization of property improvements and correct classification between CAPEX vs OPEX.
  • Maintain schedules for work-in-progress (WIP) / projects in progress (if applicable) and coordinate with Projects/Property teams.
• Real Estate-Specific Accounting Support:
  • Support proper accounting for rental/lease income accruals (as applicable) and related adjustments.
  • Support service charge accounting and cost recoveries (as applicable).
  • Support accounting for tenant deposits and other liabilities.
  • Support accounting for retentions and contractor-related balances.
  • Ensure correct project/asset allocation and documentation for real estate transactions.
• Compliance, Audit & Documentation:
  • Ensure adherence to IFRS (or local reporting requirements), internal accounting policies, and SOPs.
  • Prepare audit schedules and support external/internal audit requests with complete documentation.
  • Maintain orderly filing (digital and/or physical) for journals, reconciliations, and supporting evidence.
• Systems & Process Improvement:
  • Use ERP/accounting system effectively and ensure data quality for GL entries and master data.
  • Identify process improvement opportunities (templates, standard journals, recurring entries, reconciliation automation).
  • Support finance initiatives such as closing discipline enhancement and control strengthening.

Skills:

• Technical / Functional Skills:
  • Strong knowledge of general ledger accounting and financial reporting.
  • Experience in journal entries, reconciliations, and closing processes.
  • Understanding of IFRS and accounting standards.
  • Knowledge of fixed assets, accruals, and provisions accounting.
  • Familiarity with ERP systems (e.g., Odoo) and accounting modules.
  • Ability to analyse financial data and identify discrepancies.
• Professional Skills:
  • High level of accuracy and attention to detail.
  • Strong analytical and problem-solving skills.
  • Ability to meet strict deadlines, especially during closing cycles.
  • Good communication and coordination skills with internal teams.
  • Integrity and confidentiality in handling financial information.
  • Organized and structured approach to work.

Education & Professional Certificates

Education:

• Bachelor's degree in accounting/finance or related field.

Certificates:

Preferred Certifications include:

• ACCA.
• CPA or equivalent professional certification (advantage).
• IFRS certification or relevant accounting training.

Computer Literacy:

• Computer literate.
• Proficiency in:
  • MS Excel (reconciliations, schedules, data analysis).
  • ERP/accounting systems (e.g., Odoo).
  • Financial reporting tools.

Languages:

English. Arabic is a plus.

Experience

• 5 - 7 years of relevant accounting experience (GL / reporting / reconciliations).
• Experience in month-end closing, reconciliations, and financial reporting is required.
• Experience in real estate, asset management, or similar environments is an advantage.