GL Team Lead

3 weeks ago

Ahmedabad Gujarat India, Gujarat Welspun Transformation Services Limited Full time

Job Description*As the Team Lead for General Ledger & Financial Accounting (GL&FA) in the GCC region, the incumbent will be responsible for managing and overseeing the entire financial accounting operations of the organization. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards.Principal Accountabilities*Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives.Manage and oversee the daily operations of the accounting department including: month and end-year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity etc.Ensure the timely reporting of all monthly financial information.Collaborate with the other finance department managers to support overall department goals and objectives.Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.Advise staff regarding the handling of non-routine reporting transactions.Respond to inquiries from the director of finance, firm-wide manager, and other finance and firm-wide managers regarding financial results, special reporting requests and the like.Work with the controller to ensure a clean and timely year-end audit.Supervise the general ledger group to ensure all financial reporting deadlines are met.Assist in development and implementation of new procedures and features to enhance the workflow of the department.Provide training to new and existing staff as needed.Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff.Support controller with special projects and workflow process improvements.Key Interactions*Top Management, Cross-Functional Collaboration , Employees, Client Relations , Auditors, Vendors, Third PartyExperience*5 - 10 YearsRelevant Industry*FMCG, Food and Beverage Industry, Telecommunications Industry, Textile & Apparel, Iron & Steel, Retail Industry, Accounting / Auditing, BankingEducation Degree*Post GraduateSpecializations*CA

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