GL Accountant Supervisor

2 days ago

th of October City, Giza, Egypt Newgiza Sports Club Full time $120,000 - $180,000 per year

JOB PURPOSE:
The GL Supervisor oversees the daily operations of the General Ledger team. This role is responsible for managing the month-end closing process, ensuring the accuracy of financial records, and supervising the technical process of junior and senior accountants. The GL Supervisor acts as a gatekeeper for financial data, reviewing work to ensure compliance with the Club's policies and accounting standards.

RESPONSIBILITIES:

1. Team Supervision & Leadership

·
Supervise and guide the daily activities of the technical accounting preocess to ensure tasks are completed on time.

·  Review and approve journal entries prepared by team members to ensure accuracy and proper coding before posting.

·  Allocate tasks effectively among the team and provide on-the-job training or coaching when errors occur.

2. General Ledger Management

·   Oversee the integrity of the General Ledger, ensuring all sub-ledgers (AR, AP, Inventory) reconcile with the main ledger.

·
  Monitor the recording of complex transactions, such as payroll, fixed asset depreciation, and provisions.

·   Ensure that all financial data is complete and strictly follows the Club's internal financial policies.

3. Month-End & Year-End Closing

·   Review the initial Trial Balance and analyze variances or abnormalities before submitting to the Chief Accountant.

·   Ensure timely amortization of prepaid expenses and accurate recording of monthly accruals.

4. Account Reconciliation & Control

·   Supervise the monthly reconciliation process for all Balance Sheet accounts.

·   Investigate and resolve complex discrepancies or "hanging items" that junior accountant cannot solve.

·   Maintain strong internal controls over the financial reporting process to minimize risk and errors.

5. Audit & Compliance

·   Serve as the focal point for external auditors regarding GL inquiries, providing explanations and supporting schedules as needed.

·   Ensure the department's filing system (digital and physical) is audit-ready at all times.

6. Process Improvement

·   Support the implementation of system enhancements or automation to speed up the closing process.

QUALIFICATIONS & EXPERIENCE:

·   Education: Bachelor's degree in Accounting, Finance, or a related field.

·   Experience: 5–8 years of accounting experience, with at least 2 years in a supervisory or senior reviewer role.

·   Knowledge: Strong background in month-end closing and General Ledger processes.

SKILLS:

·  Leadership:
Ability to manage a team, give constructive feedback, and handle workload distribution.

·  
Technical:
Advanced proficiency in Excel and ERP systems (Oracle, SAP, etc.).

·  
Analytical:
Strong ability to review financial data, spot errors immediately, and solve balancing problems.

Communication:
Excellent skills in coordinating with other departments (HR, Procurement) to resolve accounting issues.

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