Accountant manages and analyzes a companys financial records ensuring accuracy compliance with regulations and providing insights for decisionmaking through tasks like preparing financial statements managing tax filings and conducting audits.
Heres a more detailed breakdown of an Accountants role:
Core Responsibilities:
Financial Record Keeping:
Maintaining accurate and uptodate financial records.
Recording all financial transactions.
Reconciling accounts and bank statements.
Financial Reporting:
Preparing financial statements including balance sheets income statements and cash flow statements.
Analyzing financial data to identify trends and variances.
Creating reports and presentations for management and stakeholders.
Tax Compliance:
Managing tax filings and ensuring compliance with tax laws.
Calculating and preparing tax returns.
Auditing and Compliance:
Conducting audits to ensure accuracy and compliance with accounting standards.
Identifying and resolving discrepancies and irregularities.
Budgeting and Forecasting:
Assisting in the development and management of budgets.
Analyzing financial data to forecast future performance.
Financial Analysis and DecisionMaking:
Analyzing financial data to identify areas for improvement.
Providing financial insights to support management decisionmaking.
Other Responsibilities:
Managing accounts payable and accounts receivable.
Processing payroll.
Ensuring compliance with accounting regulations and standards.
Staying uptodate with changes in accounting principles and tax laws.
Work experience as an Accountant. Excellent knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP) Hands-on experience with accounting software like FreshBooks and QuickBooks. Advanced MS Excel skills including Vlookups and pivot tables.
Education
Graduate