Overview
The General Accounting Specialist adheres to International Financial Reporting Standards (IFRS) and is also responsible for processing accounts payable documents, vendor master data and Purchase Requests from various departments, and monitoring daily bank accounts and cash flow activities, updating the company check register, processing outgoing payments, performing bank reconciliations, and assisting with month-end closing. The incumbent is a member of the accounting team and performs other duties as assigned by the Manager and HOD.
Responsibilities
Essential Functions (To perform within this position successfully, the incumbent must be able to perform each essential duty satisfactorily. Other duties may be assigned.)
- Review and approve A/P accounting documents from various departments using appropriate GAAP/IFRS practices and internal control policies and procedures
- Examine and approve all purchase requisitions for each department through the SAP system in accordance with internal control policies and procedures
- Maintain vendor master data in SAP as needed
- Respond to vendor statement verification requests or AP payment inquiries
- Assist with quarterly and annual audits
- Update the check register and fund schedule
- Perform daily bank recon
- Prepare and process all outgoing payments
- Create clearing accounting documents in SAP for all incoming and outgoing payment transactions
- Identify and implement productivity and process improvements
- Ensure company adherence to policies and procedures
- Assist the department with month-end closing
- Perform other ad hoc responsibilities as assigned the Department Manager, HOD or CFO
- Other job duties as assigned
Supervisory Responsibilities: No
Qualifications
Basic Qualifications (The requirements listed below are representative of the knowledge, skills, and/or ability required and preferred for this position.)
Required Education & Experience:
- High School Diploma or equivalent
- At least one (1) to three (3) years of accounting experience
Required Knowledge, Skills, & Abilities:
- Proven ability to complete routine accounts payable tasks accurately and on-time
- Proven knowledge of Generally Accepted Accounting Principles (GAAP)
- Proven time management and organization skills
- Proven ability to meet and maintain accurate and timely work products
- Proven ability to work interdependently as a member of the Accounting Team
Preferred Education & Experience:
- Master’s Degree in Accounting, Finance or related field
- Working knowledge of International Financial Reporting Standards (IFRS)
- Knowledge of SAP systems
Certificates, Licenses, and Registrations: None
Working Conditions: Office setting, some walking within and between buildings
