accountants job description involves preparing and maintaining financial records analyzing data and ensuring compliance with financial regulations. Key duties include recording transactions preparing financial statements and tax returns managing budgets performing audits and providing financial advice to management for decision-making. The role is crucial for maintaining a companys financial health and for strategic planning.
Core responsibilities
Financial recording and reporting: Record all financial transactions accurately prepare financial statements (like balance sheets and income statements) and ensure all accounts are reconciled.
Budgeting and forecasting: Develop and manage budgets monitor spending identify cost-saving opportunities and forecast future financial trends.
Tax preparation and compliance: Prepare and file tax returns ensure compliance with tax laws and regulations and provide tax planning services.
Auditing and financial analysis: Conduct internal and external audits examine financial discrepancies and analyze financial data to help make strategic decisions.
Financial advice and strategy: Provide financial advice to management help with financial planning and assist with investment and strategic goals.
Accounts management: Handle accounts payable and receivable manage payroll and ensure payments are made and received on time.
Typical duties
Maintain accurate and up-to-date financial records.
Reconcile bank statements.
Process payments and manage accounts payable and receivable.
Perform month-end and year-end closings.
Ensure compliance with internal controls and external regulations.
Communicate financial findings to management.
Stay current with accounting standards and best practices.
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.