Ledger Controller Job Description
Ledger Controller Duties & Responsibilities
To write an effective ledger controller job description, begin by listing detailed duties, responsibilities and expectations. We have included ledger controller job description templates that you can modify and use.
Sample responsibilities for this position include:
Ledger Controller Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Ledger Controller
List any licenses or certifications required by the position: CPA, MBA, ACCA, ACA
Education for Ledger Controller
Typically a job would require a certain level of education.
Employers hiring for the ledger controller job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Economics, Business, Public Accounting, Business/Management, Business/Economics, Business/Administration
Skills for Ledger Controller
Desired skills for ledger controller include:
Desired experience for ledger controller includes:
Ledger Controller Examples
Ledger Controller Job Description
- Monthly attestation monitoring and reporting to senior management
- Review and control responsibilities associated with GL account lifecycle, including challenging appropriateness of accounts requested, executing proactive preventative controls against account proliferation, inappropriate usage
- Assists with the annual financial audit special audits performed by internal and external auditors
- Oversees the university banking relationships
- Assists in the development and maintenance of university wide investment policies and procedures in the most cash effective manner
- Works closely with A/P and A/R to establish a cash flow timeline for payables and receivables
- Monitors internal and external activities to make decisions including converting collections into cash, identifying surplus cash for investment, identifying collection float, timing of cash disbursements, managing large dollar disbursements, maintaining a satisfactory audit trail, and managing financial risk and exposure
- Oversees unclaimed property and state reporting of abandoned property
- Works with supervisor and Controller in the coordination and execution of year-end activities
- Performs monthly general ledger review to note abnormal balances or transactions, researching, initiating and approving corrective actions
- Month end processing and break checking, working closely with colleagues in Glasgow and other global locations
- Assisting with analysis of intercompany interest
- Preparation of reporting for GGLC and functional senior management on the progress of the project
- Working closely with GGLC management to assist with the implementation of automated paydowns for the non-funding intercompany stream
- Perform diligence across the intercompany and bank account infrastructure to obtain appropriate approvals from all relevant stakeholders to move forward with ongoing project initiatives
- Writing and maintaining team procedure notes
Ledger Controller Job Description
- Reviews and maintains the university chart of accounts including establishment of new FOAPALs
- Organizes, plans, manages, and establishes priorities related to specialized activities and projects for the University
- Supervises the day-to-day general ledger, banking, and investment activities including training, reviewing of work, and supervising staff
- Recommends and implements changes to operational policies and procedures
- Updating the Sales Ledger via invoice batches from Vixen and MTMS
- Regular debtors collections by phone and e-mail
- Advising dispatch teams on credit statuses
- Management of credit notes to ensure all documentation is complete and company policy is adhered to
- Monitoring of credit limits and liaising with the credit insurance broker
- Reconciling the Sales Ledger to the General Ledger
- Taking ownership for daily deliverables and processes within the team, including preparation of regulatory reporting and analysis of hedging activities
- Calculating and advising on paydowns to extinguish intercompany balances between Firm entities
- Other ad hoc duties and project deliverables
- People management covering Mumbai office plus deputising for Senior Manager where required
- 1-2 year experience in Finance auditing
- Performing daily and month-end certification processes over Zero Balance Account Balance Sheet, Net Revenue and Expense accounts, and subsequent sign off and escalation
Ledger Controller Job Description
- Processing card payments and allocating all Debtor receipts to the appropriate accounts
- Month end duties, including internal reporting and mandatory submissions to the credit insurance broker
- Ensure compliance with internal and external regulations (local GAAPS and IFRS)
- Managing more advanced execution of general ledger processes in a timely, efficient and accurate manner, including
- Ensure that processes and controls align with Sarbanes-Oxley requirements
- Ensure timely completion of the general ledger month end procedures in Bookmaster
- Co-ordinate and deploy activities to mitigate general ledger risk and ensure the processing of all journal entries in an efficient and effective manner
- Ensure the integrity of all financial transactions (up to trial balance) through accurate processing
- Focus on business improvement, be able to identify and improve the effectiveness of procedures
- Prepare and process monthly journal entries in compliance with established policies and procedures
- Manage/lead and develop staff and senior accountants
- Liaison with external and internal audit as required
- Use independent judgement to solve routine problems and makes recommendations on complex issues
- Master’s and CPA are preferred
- Is proactive and helpful
- Is resilient
Ledger Controller Job Description
- Preparation of Trial Balance
- Prepare standard and other adjusting entries as required
- Assist with statutory audits
- Ensure timely and accurate general ledger data entry and provide reports to management to identify improvement opportunities
- Resolve any general ledger transactional issues that have been escalated by the Core Business or other teams within the Finance Hub
- Provide regular feedback to the Head of Reporting on all reconciliation issues
- Assist the Reporting Team with administrative tasks as necessary
- Analyse daily, weekly, monthly and quarterly performance data and reports against standards of quality and productivity
- Ensure timely completion of the general ledger month end procedures in Navision (our ERP system)
- Ensure the integrity of all financial transactions reported for Direct Delivery entities (up to trial balance) through accurate processing and reviewing of final month end numbers
- AAT qualification desirable but not essential
- Experience of working in a similar role/environment is desirable
- Accurate, organised and able to handle multiple priorities in a fast-paced environment
- Self-motivated and able to work to strict deadlines with minimum supervision
- Flexible and positive attitude and a good team worker
- Must have the ability to independently develop relationships and communicate with internal staff and external customers
Ledger Controller Job Description
- Conceptualize, implement and manage corporate accounting systems and administration to support a growing company
- Ensure compliance with GAAP accounting principles and regulatory tax reporting
- Provide leadership in the accounting, controls, compliance and reporting
- Ability to apply GAAP principles to existing accounting transactions and to new transactions when presented
- Research transactions and various general ledger accounts to gather, review, and analyze data to present findings to the Head of Reporting or the Financial Accountant
- Ensure timely and accurate general ledger data entry and provide reports to management in order to identify improvement opportunities
- Preparing bank reconciliations on various bank accounts
- Assist the Reporting Team with administrative tasks as necessary, including record keeping, archiving and maintenance as needed
- Any ad hoc duties that may be assigned to you from time to time
- Oversee the corporate consolidation processes for financial statements, balance sheets, P&L forecasting, monthly reporting packages, company’s 10-Qs, 10-Ks and occasional SEC reviews
- Minimum 4 years professional Experience as Controller, preferable with min
- Very good Knowledge in MIS
- To actively chase outstanding customer debt in accordance with agreed terms, policies & procedures
- To process and reconcile customer transactions and debt in accordance with agreed standards
- To develop & maintain effective working relationships with customers & internal stakeholders
- Analyse customer data to identify adverse behaviours and prevent exposure to risk