Accountant job description includes tasks like recording financial transactions preparing financial statements (like balance sheets and income statements) performing monthly and annual closings managing accounts payable and receivable ensuring tax compliance and analyzing financial data to provide insights to management. Accountants must have strong knowledge of accounting principles (like GAAP) financial regulations and use accounting software. They also need excellent communication skills to explain financial information clearly to non-finance professionals.
Key Responsibilities
Financial Record Keeping: Manage all accounting transactions organize financial records and ensure accuracy of ledgers and journals.
Financial Statement Preparation: Prepare and present key financial statements including balance sheets profit/loss statements and cash flow statements.
Financial Closing: Handle monthly quarterly and annual financial closing activities.
Reconciliation: Reconcile bank statements accounts payable and accounts receivable to identify and correct discrepancies.
Tax Compliance: Calculate taxes and prepare and file tax returns ensuring compliance with all tax regulations.
Financial Analysis & Reporting: Analyze financial data to identify trends risks and opportunities providing insights and reports to management for decision-making.
Budgeting & Forecasting: Prepare budget forecasts and manage annual budget processes.
Auditing: Conduct internal audits of financial documents and procedures.
Compliance: Ensure the company complies with financial policies regulations and accounting standards.
Required Skills and Qualifications
Accounting Knowledge: Strong understanding of accounting principles (GAAP) bookkeeping and double-entry bookkeeping.
Software Proficiency: Hands-on experience with accounting software and advanced Excel functions.
Analytical Skills: A keen eye for detail strong numerical skills and the ability to analyze large amounts of financial data.
Communication Skills: Excellent verbal and written communication skills to convey complex financial information to stakeholders.
Integrity: A high degree of honesty professionalism and ethical values as a custodian of financial data.
Regulations: Knowledge of current accounting regulations and financial policies.
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