Core Responsibilities:
Financial Record Keeping: Maintaining accurate and up-to-date financial records of all transactions.
Financial Reporting: Preparing and presenting financial statements such as balance sheets, income statements, and cash flow statements.
Tax Compliance: Managing tax filings and ensuring compliance with all relevant tax laws and regulations.
Auditing: Conducting internal audits and assisting with external audits to ensure accuracy and compliance.
Budgeting and Forecasting: Assisting with the preparation of budgets and financial forecasts.
Financial Analysis: Analyzing financial data to identify trends, variances, and opportunities for improvement.
Accounts Payable and Receivable: Managing accounts payable and accounts receivable processes.
Payroll: Managing payroll processes.
Compliance: Ensuring compliance with all relevant accounting regulations and standards.
Collaboration: Collaborating with other teams within the organization, such as finance and leadership, to provide financial insights and support decision-making.
Specific Tasks:
Reconciling bank statements: Ensuring the accuracy of bank balances.
Calculating tax payments and returns: Preparing and submitting tax forms accurately and on time.
Managing balance sheets and profit/loss statements: Tracking the company's financial health.
Reporting on financial health and liquidity: Providing insights into the company's financial performance.
Conducting database backups: Ensuring the security of financial data.
Recommending financial actions: Suggesting strategies for cost reduction, revenue enhancement, and profit maximization, according to Indeed.
Cooperating with auditors: Assisting in the preparation of audit reports.
Understanding and managing loans and SEC reporting: Ensuring compliance with specific regulatory requirements.
Skills:
Strong accounting knowledge: Familiarity with accounting principles and regulations, including GAAP and IFRS.
Proficiency in accounting software: Experience with various accounting software packages.
Analytical and problem-solving skills: The ability to analyze financial data, identify discrepancies, and solve problems.
Attention to detail: Accuracy is crucial in financial record-keeping and reporting.
Communication skills: Effective communication is essential for collaborating with others and presenting financial information.
Organizational skills: The ability to manage multiple tasks and deadlines.
Teamwork: Accountants often work as part of a team, collaborating with other financial professionals.
Ethical conduct: Maintaining confidentiality and integrity in handling financial information.