General Ledger Accountant At Persianas Retail Limited

Summary

• The General Ledger Accountant at PRL is responsible for maintaining accurate financial records through proper general ledger postings, balance sheet reconciliations, bank and revenue reconciliations, and financial data analysis.
• The role ensures completeness, accuracy, and compliance in line with accounting standards and provides insights that support effective business and financial decision-making across the retail operations.

Key Responsibilities

Bank Reconciliations & Reporting:

• Prepare and review daily, weekly, and monthly bank reconciliations for all company accounts.
• Investigate and resolve reconciling items promptly to ensure accuracy of cash positions.
• Maintain proper cashbook records and ensure timely posting of all banking transactions.
• Prepare periodic bank reconciliation reports highlighting issues for management action.
• Liaise with banking partners to resolve settlement, chargeback, and payment processing issues.

Revenue Reconciliation & Reporting:

• Reconcile revenue from all retail stores and e-commerce channels to POS, bank deposits, and ERP records on a daily and monthly basis.
• Identify and resolve discrepancies in sales reporting and settlement inflows.
• Prepare monthly revenue performance reports with commentary on trends and exceptions.
• Ensure accurate revenue recognition in line with company policy and accounting standards.

GL Postings & Balance Sheet Reconciliation:

• Record and validate journal entries to ensure accounting accuracy and proper cost coding.
• Perform monthly balance sheet reconciliations across sub-ledgers (AP, AR, Payroll, Inventory, Fixed Assets).
• Support month-end and year-end close processes, ensuring timely production of financial reports.
• Maintain an audit-ready general ledger with complete supporting documentation.
• Ensure compliance with IFRS and internal accounting controls.

Financial Data Analysis & Support:

• Conduct variance analysis on key P&L and balance sheet items to identify drivers and gaps.
• Provide financial insights to support budgeting, forecasting, and commercial decision-making.
• Assist in the preparation of management reports for the Finance Director and CEO.
• Participate in internal and external audits by preparing schedules and responding to auditor queries.
• Recommend improvements to financial processes to improve accuracy, efficiency, and control.

Job Qualifications

• Bachelor's Degree in accounting, Finance, or related field.
• Professional qualification (ICAN / ACCA) completed or in final stage required.
• 4 - 5 years progressive accounting experience, ideally including general ledger or financial reporting responsibilities.
• Strong knowledge of IFRS and financial controls.
• Proficiency with Microsoft Excel and accounting/ERP systems (Sage, SAP, ZohoBooks, or similar).

Skills Specification:

• Strong analytical ability and attention to detail
• Ability to work independently and manage deadlines
• High ethical standards and confidentiality
• Clear communication and collaboration skills
• Problem-solving and continuous improvement mindset.