General Ledger Accountant

Reporting To
General Ledger Supervisor
Ensuring financial information is accurate and complies with IFRS, KSA regulatory standards and Richemont’s financial policies and procedures. Conducting reviews of general ledger accounts to verify the accuracy of financial information, providing assurance that the accounting practices adhere to regulations, and perform general ledger account reconciliations. Posting general ledger entries that have been reviewed and verified and include supporting information. Entering financial data into general ledger accounts on a monthly basis, and preparing reports that support the decision making processes of Maisons and Functions. Continually reviewing processes and procedures to identify improvements and advances that increase processing efficiency and the controls in place to minimize risk. Work closely with Maisons and Functions to gather, analyses and interpret financial information and where appropriate provide insights that aid Maisons and Functions decision making. Analyze general ledger accounts, calculate accruals in compliance with IFRS and Richemont’s financial policies and procedures, ensuring all entries are booked withing the target dates for reporting. Update, review and reconcile general ledger accounts in accordance with Richemont’s Balance Sheet Schedule, identifying and investigating variances and outstanding items. Prepare and post entries for prepayments, and accruals working closely with Maisons and the Financial Planning and Analysis team to ensure information is accurate and up to date. Keep detail records and supporting documents for all entries, properly filed in the Finance document storage system. Perform vendor statement of accounts reconciliation as required. Review open purchase orders and invoices awaiting approval and work closely with the Accounts Payable and Procurement Team to resolve aged items. Prepare bank reconciliation schedules, identify and investigate variances for correcting. Run depreciation and create fixed assets reports monthly including the CAPEX Management Report Support and assist with internal and external audits as required, and implement any recommendations to improve procedures and processes. Undertake as required by the ICS team regular tests of controls with adequate supporting documentation to demonstrate compliance. * Perform balance confirmations on selected accounts and check in line with internal control requirements