Accountant manages and reports a companys financial health by recording transactions preparing statements (P&L Balance Sheet) reconciling accounts managing budgets handling taxes ensuring compliance (GAAP/IFRS) analyzing data for strategic decisions and overseeing payroll/AP/AR all while maintaining accuracy and integrity of financial records for informed business operations.
Key Responsibilities:
Financial Reporting: Prepare monthly quarterly and annual financial statements (Balance Sheet Income Statement Cash Flow) and reports.
Data Management: Record all financial transactions maintain the general ledger and ensure accuracy of records.
Reconciliation: Reconcile bank statements and other accounts regularly to identify discrepancies.
Budgeting & Forecasting: Assist in preparing budgets tracking spending and creating financial forecasts.
Taxation: Prepare review and file tax returns ensuring compliance with tax laws.
Auditing: Conduct internal audits review financial health and ensure adherence to GAAP/IFRS.
Analysis & Strategy: Analyze financial data to identify trends risks and opportunities advising management on financial strategy and efficiency.
Payroll & AP/AR: Process payroll manage accounts payable/receivable and handle invoices.
Core Duties by Frequency:
Daily: Recording transactions managing cash flow processing invoices/payments.
Weekly/Bi-Weekly: Processing payroll preliminary report checks handling employee timesheets.
Monthly/Quarterly: Compiling financial statements budget reviews tax record updates internal audits variance analysis.
Annually: Year-end closing tax preparation major budget cycles strategic financial planning.
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.