Aramark are seeking a GL Accountant to manage and maintain the general ledger while ensuring that all financial transactions are accurately recorded, reconciled, and reported. This role focuses on retail-specific accounting needs, including revenue recognition, inventory and cost of goods sold (COGS) reporting. The GL Accountant will play a key role in month-end and year-end closing processes, ensuring the financial health of the group.
Key Responsibilities:
1. General Ledger Maintenance:
1. Record and reconcile weekly and monthly journal entries, including sales, returns, discounts, and VAT for all stores.
2. Maintain and update the company general ledger, ensuring accuracy in GL accounts, subaccounts and profit centres.
3. Review and process non-creditors payments, including bank and cash accounts reconciliations for retail and online sales.
2. Revenue Recognition and Sales Reporting:
1. Reconcile retail sales and revenue data with point-of-sale (EPOS) systems and Oracle Cloud. Ensure it aligns with our general ledger records.
2. Ensure proper revenue recognition is applied from online sales platform, ensuring that sales are recorded at the correct time based on delivery status and in compliance with accounting and tax compliance across different regions.
3. Intercompany:
1. Record and reconcile all intercompany bank transfers transactions and allocations between Group.
2. Record journal entries related to intercompany transactions, including service charges, loan accounts and FX conversion.
4. Month-End and Year-End Closing:
1. Assist with monthly, quarterly and annual closing processes, ensuring all transactions are accurately captured in the financial records.
2. Ensure all closing deadlines are met and accurate preparation of month-end reports and Blackline BS reconciliations.
5. Compliance and Controls:
1. Assist with the preparation of schedules for tax filings (VAT, VIES, RTD, Intrastat, CSO filings, etc) and meet compliance as per Revenue requirements.
2. Monitor and enforce internal controls related to cash handling, payment processing, and inventory to prevent fraud and errors.
6. Audit Support:
1. Provide documentation and support for both internal and external audits.
7. Collaboration and Communication:
1. Communicate effectively with cross-functional teams to ensure accurate reporting and financial tracking.
Qualifications:
1. Education: Bachelor’s degree in accounting, Finance, or a related field.
2. Experience: 2-4 years of experience in accounting, preferably in a retail environment, with a focus on general ledger management and retail-specific accounting.
Skills:
1. Strong knowledge of accounting principles (GAAP).
2. Familiarity with retail software and systems (e.g. EPOS systems, Oracle and Cognos BI. (Desirable but not essential).
3. Strong Excel skills for reporting, analysis, and reconciliation.
4. Analytical mindset with the ability to solve complex financial issues.
5. Excellent attention to detail, time management, and organizational skills.
6. Ability to work in a fast-paced, dynamic retail environment.
7. Certifications (optional): ACCA, CPA, CIMA or equivalent is a plus.
This is a full-time position, typically office-based with flexibility for remote work (Three days office based and two days remotely).
Seniority level
Not Applicable
Employment type
Full-time
Job function
Accounting/Auditing
Industries
Hospitality
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