Financial Recordkeeping:
Maintain and update financial records using accounting software and systems.
Reconcile bank statements, accounts payable/receivable, and general ledger entries.
Financial Reporting:
Prepare monthly, quarterly, and annual financial reports including balance sheets, income statements, and cash flow statements.
Ensure that reports are completed accurately and in accordance with GAAP (Generally Accepted Accounting Principles).
Budgeting and Forecasting:
Assist in the preparation of budgets and financial forecasts.
Monitor expenditures and compare actual results with forecasts to identify variances.
Tax Compliance:
Prepare and file tax returns in compliance with local, state, and federal laws.
Advise management on tax planning and strategies to optimize liabilities.
Audit and Internal Controls:
Support internal and external audits by providing necessary documentation and insights.
Develop and implement internal financial controls to protect company assets.
Payroll and Benefits Accounting:
Oversee payroll processes and ensure accuracy in salary, deductions, and benefits management.
Coordinate with HR and finance teams to maintain payroll compliance.
Financial Analysis:
Analyze financial data to identify trends, risks, and opportunities for improvement.
Provide insights and recommendations to support strategic decision-making.
Regulatory Compliance:
Ensure that the company adheres to all relevant accounting, tax, and financial regulations.
Stay updated on changes in laws and regulations affecting financial practices.