Key Responsibilities
Financial Reporting: Prepare and examine financial statements, balance sheets, income statements, and cash flow statements.
Data Management: Accurately record transactions, maintain ledgers, and manage accounts payable/receivable.
Compliance: Ensure adherence to GAAP, local regulations, and tax laws; compute and file taxes.
Analysis & Budgeting: Analyze financial data, create budgets, forecast, and monitor cash flow.
Auditing & Review: Conduct internal audits, review records for discrepancies, and perform risk assessments.
Strategic Advice: Recommend cost reductions, revenue enhancements, and financial strategies to management.
Common Duties by Frequency
Daily: Record transactions, reconcile bank statements, process payments.
Weekly: Process payroll, review invoices, prepare preliminary reports.
Monthly/Quarterly: Compile financial statements, review budgets, update tax records, perform audits.
Annually: Prepare annual reports, complete tax filings, strategic financial planning.
Essential Skills
Strong understanding of accounting principles (GAAP).
Proficiency with accounting software and potentially AI/automation tools.
Analytical and problem-solving skills.
Attention to detail and accuracy.
Communication skills for explaining complex financial info