Senior GL Accountant

Teso Life • New York, NY

3d • Onsite

About The Position

The Senior GL Accountant is a key member of the Finance team responsible for general ledger accounting and monthly close across multiple entities. The role covers journal entries and accruals, fixed assets, leases, payroll-related accounting, balance sheet reconciliations, consolidation, and related-party transactions, while ensuring compliance with accrual accounting, company policies, and financial reporting requirements. The accountant analyzes variances and exceptions, resolves accounting issues, and provides review, coordination, and technical support for close activities, audits, system implementation, and process standardization.

The position also supports the NetSuite ERP implementation, financial statement preparation, internal controls, and cross-functional accounting work. It provides guidance to junior accountants within the role’s expertise and escalates significant judgments, unusual transactions, or control issues when appropriate.

Requirements

• Bachelor’s degree or higher in accounting, finance, auditing, or a related field.
• At least 5 years of accounting, audit, or finance experience, including comprehensive general ledger and month-end close experience.
• Strong knowledge of US GAAP fundamentals, accrual accounting, month-end close, journal entries, balance sheet reconciliations, fixed assets, leases, payroll, and intercompany accounting.
• Proficiency in Excel.
• Strong accountability and ownership, attention to detail, logical thinking, and issue identification, analysis, and resolution skills.
• Ability to work independently under strict deadlines.
• Effective cross-functional communication and teamwork.

Nice To Haves

• CPA, Chinese CPA, or equivalent professional qualification.
• Multi-entity, chain retail or consumer industry, or high-growth company experience.
• ERP experience, particularly NetSuite.

Responsibilities

• Maintain general ledger accounting for assigned entities and accounts, including journal entries, accruals, provisions, amortization, reclassifications, and other month-end adjustments.
• Recognize revenue, costs, and expenses on an accrual basis in the correct accounting periods.
• Follow up on close tasks and unusual variances, maintain supporting documentation and approvals, and escalate material issues affecting financial statements.
• Complete monthly reconciliations for assigned bank, prepaid, accrual, fixed asset, lease, payroll, intercompany, and other balance sheet accounts.
• Maintain reconciliation schedules and analyze and clear aged open items, unusual or negative balances, and items spanning accounting periods.
• Help maintain the chart of accounts, account usage guidelines, and standard journal-entry templates.
• Perform or support fixed asset additions, transfers into service, depreciation, disposals, and construction-in-progress clearing.
• Perform or support monthly ASC 842 lease accounting, right-of-use asset and lease liability reconciliations, and rent variance analysis.
• Perform or support payroll and personnel cost accruals and allocations, benefits accounting, and payroll-related liability reconciliations.
• Perform or support accounting and monthly reconciliations for intercompany transactions, due-to/due-from balances, expense allocations, and related-party transactions.
• Resolve cross-entity differences and coordinate timely adjustments on both sides so intercompany balances agree before close and consolidation.
• Assist the Finance Director or Accounting Manager with schedules and analyses for consolidation, eliminations, and financial statement preparation.
• Participate in monthly P&L, balance sheet, and financial statement reviews; analyze significant movements, unusual balances, and unreasonable trends.
• Use general ledger detail, operational data, and historical trends to identify missing accruals, duplicate or unusual entries, misclassifications, and other potential accounting issues.
• Provide accounting data and explanations to FP&A, Operations, and management, and drive correction of source-data or process issues.
• Participate in NetSuite ERP implementation, testing, data migration, opening balances, chart of accounts, close and GL process design, and go-live readiness.
• Execute key controls for journal-entry approval, reconciliation review, period close, system access, and supporting documentation.
• Identify manual processes, duplicate work, and control weaknesses; recommend and support standardization, automation, and efficiency improvements.
• Support external audits, tax reviews, and other examinations by preparing general ledger, reconciliation, fixed asset, lease, payroll, and other prepared-by-client materials and responding to inquiries.
• Collaborate with AP, Revenue/Cost, Monki Accounting, FP&A, HR, IT, Operations, and other teams to resolve accounting and close issues.
• Guide junior accountants within the role’s expertise and share accounting and close practices; escalate significant judgments, unusual transactions, and control issues.

Benefits

• 401(k)
• 401(k) matching
• Quarterly performance-based bonus, subject to the eligibility requirements, performance criteria, and terms of the Company's bonus program.
• Paid sick leave
• Employee discount
• Health insurance
• Paid time off

What This Job Offers

• Job Type: Full-time
• Career Level: Senior