GL Accountant (India)

GL Accountant (India)

03 Aug
|
Bolla Oil
|
India

03 Aug

Bolla Oil

India

Company, you work.

Bolla is a premier Wholesale and Retail Motor Fuel (MF) supplier in Metro New York and New Jersey areas. In addition, it also has a Transport department that hauls Motor Fuel in both New York and New Jersey areas.

Currently it operates close to 200 Retail Gas Stations with Convenience Stores (C-Stores) and supply MF to another 100 Wholesale Dealers with over a Billion dollars in revenues and employs over 1200 Team Members.

Besides the Motor Fuel business, Bolla is also into construction activity as well. We build Ultra-Modern and upscale Gas Stations with C-Stores.

Bolla partners with major food chains like Burger King, Tim Horton, Pizza Hut, and Subway.

Role Overview

We are seeking a highly skilled and detail-oriented GL Accountant to lead our general ledger, reconciliations, and intercompany accounting processes. This role will be responsible for ensuring accurate financial reporting, driving process improvements, and managing a small team to support global accounting operations.

Key Responsibilities

Reconciliations & Reviews

· Verify payroll postings in SAP weekly.

· Validate rent income and expenses in SAP (ACH, checks, other modes).

· Post and reconcile ACH transactions for intercompany transfers and bank charges/credits.

· Reconcile corporate credit card accounts and post journal entries for charges and unaccounted transactions.

· Prepare and review journal entries for accruals, adjustments, and corrections.

· Ensure timely and accurate month-end and year-end closings.

Analysis & Schedules

· Allocate and analyse Management Fee and Bolla Management expenses to operating companies.

· Perform intercompany reconciliations (Due To/Due From) across group entities, ensuring accurate consolidation.





· Reconcile accrued/deferred franchise fees, market brand, and local fund accounts related to restaurant sales.

· Prepare and analyze Rebate Accruals and Loyalty Program Accruals for wholesale and operating companies.

· Assist with internal and external audits, preparing required schedules and supporting documentation.

Leadership & Process Ownership

· Oversee the Fixed Asset Register – capitalization, tagging, depreciation, and disposals.

· Manage Depreciation & Amortization for tangible and intangible assets.

· Supervise reconciliation of key GL accounts (payroll, accruals, prepaids, tender modes).

· Reconcile multiple payment methods (cash, credit cards, UPI, wallets) with sales and POS data.

· Lead process improvement initiatives to streamline GL accounting and reporting.

· Mentor and guide junior accountants, fostering a high-performing team culture.

Preferred Qualifications

· Bachelor’s or Master’s in Finance/Accounting; CA, CPA, or CMA preferred.

· 5+ years of GL accounting experience, with at least 2 years in a leadership role.

· Strong knowledge of accounting standards (IFRS, GAAP).

· Hands-on experience with SAP (or equivalent ERP).

· Advanced reconciliation and analytical skills.

· Excellent communication, problem-solving, and team management abilities.

Technical Skills:





· Robust proficiency in Microsoft Excel (Pivot Tables, VLOOKUP, Financial Modelling).

· Knowledge of financial statements (Income Statement, Balance Sheet, Cash Flow).

· Experience with financial software/tools (SAP, QuickBooks, Bloomberg, or any ERP system).

· Basic understanding of accounting principles and financial regulations.

Analytical & Problem-Solving Skills:

· Ability to analyze financial data and identify key insights.

· Strong attention to detail for accuracy in reports.

· Understanding of risk assessment and investment analysis.

Soft Skills:

· Good communication skills for presenting financial data.

· Strong organizational skills to manage multiple tasks efficiently.

· Team player with the ability to collaborate across departments.

· Time management to meet reporting deadlines.

Why Join Us?

· Work on multi-entity, cross-border accounting in a fast-growing global organization.

· Exposure to U.S. operations, intercompany accounting, and international compliance.

· Lead and innovate in process improvements with growth opportunities.

· Competitive compensation with a collaborative work culture.

Join Bolla’s Finance & Accounting team in Hyderabad and take ownership of General Ledger excellence.# GL Accountant # Finance Jobs # Hyderabad Careers

Job Type: Full-time

Pay: ₹400,000.00 - ₹700,000.00 per year

Benefits:

- Health insurance
- Provident Fund

Application Question(s):

- List out the tasks taken up in the previous organization with years of experience.

Education:

- Bachelor's (Preferred)

Experience:

- Accounting: 3 years (Required)
- total work: 4 years (Required)

Work Location: In person

📌 GL Accountant (India)
🏢 Bolla Oil
📍 India

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: gl accountant (india) / india

Subscribe to this job alert:

Get the latest job offers by email for: gl accountant (india) / india