We Love AI JobsBalance Sheet Reconciliation Accountant
UltimoThe Balance Sheet Reconciliation Accountant supports centralized reconciliation work across the company’s global entities, helping ensure account balances are accurate and month-end close runs smoothly. The role investigates discrepancies, prepares reports, and works with accounting, treasury, and finance teams to improve reconciliation processes.
Skills & Expertise
Key Responsibilities
Reconcile and analyze balance sheet accounts and resolve reconciling items.
Complete daily reconciliations and support accurate monthly closing and reporting.
Maintain reconciliation templates and identify improvements to accounting processes.
Full Description
Job Description
Reporting to the BS Reconciliation Manager and based in Sri Lanka, the Balance Sheet Reconciliation Accountant role will provide Support for the Group Balance Sheet Reconciliation function supporting all entities on Thor!
The Balance Sheet Reconciliation Accountant will facilitate centralized Group Balance sheet reconciliation processing and account reconciliation wherever possible. The goal is to create uniform global processes that can be more efficiently managed within the CoE across a broad range of monthly GL activity.
Essential Duties and Accountabilities
• Reconcile and analyze balance sheet accounts to ensure transactions are recorded accurately and account balances are accurately stated by GAAP and Company policy.
• Perform reconciliations daily and facilitate accurate monthly closing.
• Actively investigate and resolve reconciling items within reconciliations.
• Maintain standard month end Balance Sheet reconciliation templates.
• Working with the rest of Finance to support delivery of the month end.
• Month end reports for Balance Sheet.
• Reconcile general ledger and sub-ledger accounts to source data and systems to ensure all transactions have been accurately recorded.
• Identify areas for improvement in reconciliation processes and implement solutions to enhance efficiency and accuracy.
• Process Group Balance sheet Reconciliation globally according to accounting standards (IFRS/GAAP) and IFS Accounting Policies.
• Interface with the global accounting team, group consolidation team, Treasury, Finance Shared service teams, and cost controllers etc.
Qualifications
Overall Required Competence
• High standard of technical accounting
• High degree of organization and self-discipline
• Attention to detail and ability to work to tight deadlines.
• Ability to learn new things quickly and hit the ground running.
• Willingness to work outside of comfort zone.
• Positive attitude and a team player
• Good standard of report building and maintenance in with-in Excel data cubes
• Excellent communications skills
Required Education & Experience
• Fully qualified ACA, ACCA or CGMA or equivalent
• Bachelor's degree in Accounting/Finance is a added advantage.
• Strong knowledge of IFRS and GAAP
• Fluency in business-level English language
Additional Information
We believe that coming together as a community, in person, is important to innovation, connection and fostering a sense of belonging. Our roles have the right balance of remote and in-office working (our own amazing spaces or those of our partners and customers) to enable flexibility for managing your life along with ensuring a real connection with your colleagues and the broader IFS community.