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General Ledger Accountant

Are you inspired by “what’s next”? So are we.

When you join the Albemarle team, you contribute to a better tomorrow. You will play a role in powering many of the world’s largest and most critical industries, from energy and communications to transportation and electronics. We are putting innovation to work to improve people’s lives and we want YOU to be a part of it.

Job Description

Albemarle is hiring for an Accountant II. This position is hybrid and located in Budapest.

What You Will Do

  • Posting standard and non-standard Journal entries.
  • Process various calculations and journal entries including accruals in compliance with company standards and met the quality and timely expectations.
  • Prepare Journal Entry items for further approval.
  • Process several reconciliations: AP/AR, Interests, Service fees, dividends, prepare Intercompany reconciliations and balance confirmation.
  • Prepare investment, equity, APIC reconciliations, account reconciliations.
  • Complete SOX documentations.
  • Perform detailed Balance Sheet and P&L review and documentation, if required, process any correcting journal entries
  • Prepare statutory financial statements (if relevant), support statutory financials audit activities.
  • Confirm PA & FI standard gross profit tie-out, research differences across SAP modules, identify root cause and coordinate corrections with appropriate sources
  • Contributes goals to be achieved in any other tasks which are delegated by the Manager, Team Lead.

What You Bring

Required:

  • College or university degree preferably in finance/accountancy
  • Min. 3-4 years in the relevant field (GL transactions, accounting or finance)
  • IFRS and /or EU GAAP experience, exposure to US GAAP is a plus
  • Advanced communication level in English (both written and verbal)
  • Advanced knowledge of MS Office (Excel, Word)
  • Having good understanding of GL transactional processes
  • Logical thinking and pay attention to the details under pressure as well
  • Good time-manager and be able to organize his/her day-to-day task

Preferred:

  • Other European language knowledge
  • Good interpersonal skills

Benefits of Joining Albemarle

  • Competitive compensation

  • Comprehensive benefits package

  • A diverse array of resources to support you professionally and personally.

Choose to unlock your full POTENTIAL. Apply today.

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What You Should Know About General Ledger Accountant, Albemarle

Are you ready to take the next step in your career? Albemarle is on the lookout for a motivated General Ledger Accountant to join our team in the vibrant city of Budapest, Hungary. In this hybrid role, you will have the opportunity to make a real impact as we power some of the world's largest industries, including energy and communications. As a key player in our finance department, you will be responsible for a variety of essential accounting tasks, such as posting journal entries, processing reconciliations, and preparing statutory financial statements. Attention to detail is crucial, as you'll be contributing to the accuracy of financial reporting and audits. Your efforts will ensure compliance with IFRS and EU GAAP standards, while also allowing for continuous learning and development in your field. Communication is key in this position; you'll collaborate with team members to address any discrepancies identified during balance sheet and P&L reviews. We're excited to see you thrive in a dynamic environment where your skills in GL transactional processes and advanced Excel techniques will shine. Albemarle offers a supportive culture with competitive compensation and a comprehensive benefits package to help you unlock your full potential. So, are you inspired by “what’s next”? Join us and let's build a brighter tomorrow together!

Frequently Asked Questions (FAQs) for General Ledger Accountant Role at Albemarle
What are the main responsibilities of a General Ledger Accountant at Albemarle?

As a General Ledger Accountant at Albemarle, you will be responsible for posting standard and non-standard journal entries, processing various reconciliations, and preparing journal entry items for approval. You will also manage monthly and quarterly closing activities, support statutory financial audits, and ensure compliance with IFRS and EU GAAP standards, all while contributing to a collaborative team environment.

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What qualifications do I need to apply for the General Ledger Accountant position at Albemarle?

To apply for the General Ledger Accountant position at Albemarle, you’ll need a college or university degree in finance or accountancy. Ideally, you should have a minimum of 3-4 years of relevant experience in accounting or finance, with knowledge of GL transactions. Advanced English communication skills and proficiency in MS Office, particularly Excel, are essential for success in this role.

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What software skills are required for the General Ledger Accountant role at Albemarle?

For the General Ledger Accountant role at Albemarle, strong software skills are essential. Specifically, you should have advanced knowledge of MS Office applications, especially Excel, to perform complex calculations and reconciliations. Familiarity with SAP modules is also advantageous, as it will help you in researching discrepancies and coordinating corrections effectively.

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What benefits does Albemarle offer to General Ledger Accountants?

Albemarle offers a competitive compensation package along with comprehensive benefits for its General Ledger Accountants. Employees will have access to a diverse array of resources that support both personal and professional development, allowing you to unlock your full potential in a supportive and dynamic work environment.

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How does the hybrid work model work for the General Ledger Accountant position at Albemarle?

In the General Ledger Accountant position at Albemarle, the hybrid work model allows you to enjoy a balanced work-life arrangement. This means you can work from home while also having the opportunity to collaborate in the Budapest office, enabling you to engage directly with your team and benefit from in-person interactions as needed.

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Common Interview Questions for General Ledger Accountant
Can you describe your experience with journal entries as a General Ledger Accountant?

When answering this question, provide specific examples of your previous experiences with posting journal entries, including the types of entries you handled and any challenges you overcame. Discuss your attention to accuracy and detail, which are crucial in this role.

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How do you ensure compliance with IFRS and EU GAAP when preparing financial statements?

Demonstrate your understanding of accounting standards by outlining your processes for reviewing financial statements, referencing guidelines, and conducting reconciliations. Mention any training or certifications that keep you updated on compliance requirements.

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What methodologies do you use for managing tight deadlines and multiple tasks as a General Ledger Accountant?

Discuss practical time management techniques you use, such as prioritizing tasks based on urgency and importance. Providing an example of a time you successfully met a deadline can add strength to your answer.

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Can you explain a time you identified an error in financial reporting?

Highlight your analytical skills by providing an instance where you identified discrepancies, the steps you took to address them, and how you communicated with your team. This shows your problem-solving ability and attention to detail.

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How do you stay updated with changes in accounting regulations?

Show your commitment to professional development by mentioning resources you utilize, such as accounting workshops, online courses, or industry publications. This emphasizes your proactive approach to staying informed.

Join Rise to see the full answer
What is your experience with reconciliations, particularly intercompany reconciliations?

Outline your specific experience with reconciliations, such as methods you use to ensure accuracy and timeliness. Mention any tools or software you are familiar with that assist you in this process, particularly any relevant to the company’s systems.

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Can you detail how you handle discrepancies found in financial reports?

Explain your step-by-step approach to investigating discrepancies, including how you research, document, and rectify them. Discuss your communication with team members to ensure clarity and resolution.

Join Rise to see the full answer
How do you prioritize and delegate tasks in a team environment?

Share your approach to teamwork and prioritization, highlighting how you assess task importance and urgency. Describe any previous roles where you successfully led or collaborated with others to meet shared goals.

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What do you believe is the most critical quality for a General Ledger Accountant?

Share qualities such as attention to detail, analytical skills, or strong ethical standards. Discuss why you believe these qualities contribute significantly to the role and provide examples of how you've demonstrated them.

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How would you handle a situation where you disagree with a colleague about financial reporting?

Address the importance of effective communication in resolving disagreements. Talk about how you would approach the conversation respectfully, supported by data and analysis, to reach a consensus or solution.

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Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, NC, is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We power the potential of companies in many of the world's largest and mo...

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Full-time, hybrid
DATE POSTED
April 10, 2025

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