accountant job description includes managing financial records preparing financial statements and reports analyzing financial data and ensuring compliance with tax laws and regulations. This role involves reconciling accounts managing budgets conducting audits and providing financial advice to support strategic decision-making.
Core responsibilities
Financial record management: Maintaining and organizing all financial records including ledgers accounts and financial statements.
Financial reporting: Preparing accurate financial reports such as balance sheets income statements and cash-flow statements.
Financial analysis: Analyzing financial data to identify trends assess performance and provide insights to management.
Compliance and auditing: Ensuring financial records comply with relevant laws regulations and accounting principles (like GAAP). This includes preparing for and conducting audits.
Budgeting and forecasting: Assisting in the creation and management of budgets and forecasts.
Tax preparation: Preparing and filing tax returns for individuals or companies.
Reconciliation: Reconciling bank statements and other accounts to ensure accuracy.
Strategic and advisory duties
Strategic advice: Providing financial advice to management to help make informed business decisions.
Cost reduction and revenue enhancement: Identifying opportunities to reduce costs enhance revenue and improve profits.
Process improvement: Evaluating and improving financial strategies and accounting procedures.
Key skills
Analytical skills: Strong ability to analyze financial data and identify discrepancies.
Attention to detail: Meticulous in ensuring the accuracy of financial records.
Proficiency with software: Experience with accounting software and technology potentially including AI and automation tools.
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.