GL Accountant

What does a GL Accountant do?

The General Ledger Accountant presents the financial statements of a company or a corporation. The work of a GL Accountant is based on the accounting and management data received through the various reports, considering international standards.

The General Ledger Accountant is also known as a Consolidation Officer.

What are the responsibilities of a GL Accountant?

The GL Accountant's responsibilities vary, depending on the structure of the company.

The GL Accountant collects, verifies and analyses all documents related to the company's economic, fiscal and financial activities (accounting and tax returns, reports, balance sheets, profit and loss accounts, etc.) in order to establish the consolidation scope together with the parent company. Therefore, the GL Accountant outlines the consolidation schedule for the accounts and makes arrangements for intercompany postings.

Consequently, the GL Accountant inserts the data into consolidation software, which allows them to control the potential anomalies of the various subsidiaries.

The General Ledger Accountant is also responsible for preparing the consolidated accounting and budgetary statements. This involves analyzing the consolidated statements with the obtained results, and then integrating the consolidation restatement entries in accordance with IFRS standards. The GL Accountant provides the Statutory Auditor with annual reports and justifications.

What are the required skills and proficiencies for a GL Accountant?

Master accounting techniques (consolidation, financial analysis, financial reporting, etc.)

Master standards and regulations (IFRS, SOX, etc.)

Confident with numbers and financial mathematics

Perfect knowledge of the following tools: SAP, Oracle, Cognos, Hyperion, JD Edwards, etc.

Good knowledge of computer tools

Good knowledge of tax and legal standards

Good analytical and synthesizing skills

Fluency in Dutch and French is mandatory

Good interpersonal skills

Ability to work effectively under deadlines and manage priorities

What background is needed to become a General Ledger Accountant?

A General Ledger Accountant has generally obtained at least a Bachelor's degree in Accounting (including a management or tax course). The majority of General Ledger Accountants have obtained a Master's degree with a financial focus (Finance/Accounting, Management Sciences, etc.)

However, other paths are possible provided that you have followed a specialization in accounting, auditing, management or finance. This position is not available for recent graduates, a minimum of five years' experience in consolidation (audit, or management control) is required.

What are the career prospects for a General Ledger Accountant?

The General Ledger Accountant may evolve into a position of Consolidation Director/Manager, Accounting Director, Controlling Director, Financial Director of a subsidiary or Audit Director.

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National salary range for GL Accountant

3750 - 5400

25th percentile

3750

The candidate is new to the role or has limited experience and is building necessary skills.

50th percentile

4700

The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.

75th percentile

5400

The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.

Projected salaries for related positions

Job title

25th percentile

50th percentile

75th percentile

Accounting Director

6650

8450

11250

Accounting Manager

5700

6800

9050

Chief Accountant

4950

5850

6950

Senior Accountant

4400

5000

6000

Cost Accountant

3250

4000

5000

Assistant Accountant

2550

3550

4300

AR/AP Team Leader

5000

5500

6300

AR/AP Assistant

2850

3650

4600

Accounting Clerk

2550

3300

3900

Senior Accountant (Public)

3700

4300

5250

Accountant (Public)

3150

3500

3900

Assistant Accountant (Public)

2450

2850

3250

How much should I earn or pay?

Newest Gl Accountant jobs

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Student Junior Boekhouder

Comptable

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Our starting salary projections come from a detailed, multistep process that ensures our numbers accurately reflect the marketplace. They’re based on real compensation data for job candidates our recruiters have matched with companies across the country.

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