Financial Record Keeping:
Accurately record all financial transactions in the general ledger and other accounting systems.
Maintain and reconcile accounts, including bank and credit card accounts.
Manage accounts payable and accounts receivable.
Financial Reporting & Analysis:
Prepare financial statements, such as balance sheets and income statements.
Compile and present reports on financial performance, budgets, and forecasts.
Analyze financial data to identify trends, risks, and opportunities for cost reduction or revenue enhancement.
Budgeting & Forecasting:
Create and monitor company or department budgets on a monthly, quarterly, and annual basis.
Develop financial forecasts to help with planning and decision-making.
Compliance & Auditing:
Ensure all financial records and statements comply with relevant local, federal, and international laws and regulations.
Assist with internal and external audits and ensure all processes adhere to compliance guidelines.
Prepare and manage tax returns and ensure their timely payment.
Financial Advice & Strategy:
Provide recommendations to management on financial strategy, cost reduction, and profit improvement.
Consult with stakeholders on financial plans and business strategies.