Accountant

Accountant – Job Responsibilities

1. Financial Record Keeping:

• Maintain and update financial records, ledgers, and accounts in compliance with legal and company standards.
• Ensure accurate recording of financial transactions in accounting software or ERP systems.

2. Preparing Financial Statements:

• Prepare monthly, quarterly, and annual financial statements (e.g., balance sheet, income statement, cash flow statement).
• Assist in the preparation of budgets and financial forecasts.

3. Accounts Payable & Receivable:

• Process invoices, receipts, payments, and reconcile accounts payable and receivable.
• Monitor aging reports and follow up on outstanding receivables.

4. Bank & Account Reconciliation:

• Reconcile bank statements and ensure that discrepancies are resolved promptly.
• Reconcile intercompany and vendor accounts as needed.

5. Tax Compliance:

• Ensure compliance with local, state, and federal tax regulations.
• Prepare and file tax returns (e.g., VAT, GST, corporate tax) and assist with audits.

6. Payroll Processing:

• Support payroll activities by ensuring correct calculation of wages, deductions, and employee reimbursements.
• Maintain payroll records and liaise with HR and payroll service providers.

7. Budgeting & Forecasting:

• Assist in the preparation and monitoring of budgets.
• Provide financial analysis and forecasting reports to support decision-making.

8. Internal Controls & Auditing:

• Implement and monitor internal controls to prevent errors or fraud.
• Assist with internal and external audits, providing necessary documentation and reports.

9. Reporting & Compliance:

• Generate ad hoc reports for management as needed.
• Ensure financial practices comply with legal regulations and industry standards.

10. Continuous Improvement:

• Identify and recommend process improvements in accounting practices.
• Stay updated on changes in accounting standards and best practices.

Optional/Add-on Responsibilities (Based on Seniority or Industry):

• Financial modeling and cost analysis for projects or business units.
• Managing fixed assets and depreciation schedules.
• Handling foreign currency transactions and international compliance.