Senior GL Accountant

Job Summary and Purpose

Plan, coordinate, supervise and control the efficient maintenance of the General Ledger function, of QGTC’s subsidiary / Joint venture vessel companies while ensuring compliance with all relevant accounting policies and procedures of the company. Provide guidance and support to the GL accounting team, promoting the continuous improvement of accounting processes and system. The role involves close collaboration with IT to handle accounting system integrations, process automation and implementation of technology driven solutions.

Accountabilities

Key Accountabilities :

General Ledger Management of Subsidiary / Joint venture vessel entities

1. Support the Head of General Accounting with overseeing and managing the entire general ledger process, ensuring accuracy, completeness, and compliance with accounting standards (e.g., IFRS).

2. Maintain and reconcile all GL accounts, including vessel-related accounts, intercompany transactions, and provisions.

3. Ensure proper accounting treatment of vessel acquisition, depreciation, impairment, and operating expenses.

Monthly, Quarterly, and Annual Closings of subsidiary vessel entities

4. Support the Head of General Accounting with leading the monthly, quarterly, and annual closing processes, ensuring deadlines are met.

5. Review complex journal entries, including accruals, deferrals, and reclassifications.

6. Perform variance analysis and provide detailed explanations for financial results.

Update accruals and settlement of loan and swap related transactions in SAP

7. Process and post receipt, principal, and interest repayments to appropriate GL accounts.

8. Schedule and execute loan repayments, ensuring accuracy in principal and interest allocation.

9. Calculate accrued interest and post it to the respective GL accounts.

10. Reconcile interest expenses against loan / swap agreements.

11. Ensure adherence to IFRS / GAAP standards and company policies.

Intercompany & Foreign Transactions

12. Handle intercompany reconciliations and settlements across multiple entities.

13. Manage multi-currency transactions, including foreign exchange gains / losses.

Identify inefficiencies and suggest process enhancements

14. Accounting System Optimization : Identify opportunities to automate repetitive accounting processes, reducing manual input and increasing efficiency. Work closely with IT to improve the functionality, ensuring accurate data flow between finance and technology platforms.

15. Process Automation and Efficiency : Identify areas for process improvements in accounting workflows and collaborate with IT to implement automation and technology solutions. Develop and implement improved workflows for closing processes, reporting, and reconciliations.

16. Support Financial Projects : Participate in special accounting projects, such as new software implementations, data migration, or system upgrades, to improve overall financial operations.

Competencies

Accounting Policies & Procedures - SpecialistAchievement Oriented - IntermediateAudit Management - SpecialistCollaboration & Team Work - IntermediateCustomer Centricity - IntermediateDrive Vision - IntermediateEmpower & Nurture Talent - IntermediateFinancial Analysis - SpecialistFinancial Risk Management - SpecialistGeneral Accounting Processes - ExpertInteractive Communication - IntermediateProfessional Accounting Standards - SpecialistSolution Oriented - AdvancedTax Strategy, Planning & Compliance - Practitioner

Qualifications, Experience and Job Skills

Qualifications :

• Bachelor’s degree in accounting or any related field.
• Accounting specialized certificates preferred (CPA, CA, ACCA, CIMA, CMA)

Experience :

Job Specific Skills :