Financial Record Keeping:Maintain accurate and up-to-date financial records, including general ledger entries, accounts payable, accounts receivable, and payroll. Record financial transactions and ensure proper documentation and filing.
Financial Reporting:Prepare and present financial statements (balance sheets, income statements, cash flow statements) monthly, quarterly, and annually. Assist with the preparation of financial forecasts and budgeting.
Compliance and Regulation:Ensure adherence to accounting standards, laws, and tax regulations. Prepare and file tax returns in a timely manner and assist in tax audits. Stay updated on industry trends, tax laws, and regulatory changes.
Budgeting and Forecasting:Assist in the preparation and management of budgets and financial forecasts. Analyze variances between budgeted and actual financial performance and provide recommendations for corrective actions.
Financial Analysis:Conduct financial analysis to support business decisions, such as cost analysis, profitability analysis, and financial risk assessments. Identify opportunities for cost reduction or revenue improvement.
Audit Support:Support internal and external audits by providing necessary documentation and clarifications. Coordinate with auditors and prepare schedules as required.
Accounts Payable/Receivable:Manage accounts payable and receivable, ensuring payments are processed on time. Follow up on overdue accounts and resolve any discrepancies.
Bank Reconciliation:Reconcile bank statements and resolve any discrepancies between the general ledger and bank accounts.
Software and Tools:Utilize accounting software (e.g., QuickBooks, SAP, Microsoft Excel) for recording transactions, generating reports, and analyzing financial data. Ensure data security and integrity within the financial systems.
Collaborative Work:
Work closely with other departments to provide financial insights that support business goals.
Assist in financial decision-making and ensure financial operations align with the organization’s objectives.
