Skills:
Financial Data, Customer Relationship Management (CRM), Communication, Business, Finance, Microsoft Office, Bank Reconciliation,
- Financial Record-Keeping: Accountant are responsible for maintaining accurate and up-to-date financial records for an organization. This involves recording financial transactions, such as purchases, sales, payments, and receipts, in the appropriate accounting systems. Accounts Payable and Receivable: Accountant handle accounts payable, which involves processing and managing vendor invoices, making payments, and maintaining good relationships with suppliers, handle accounts receivable, which involves generating invoices, tracking customer payments Bank Reconciliation: Accounts executives perform bank reconciliation by comparing the company's financial records with bank statements to ensure accuracy and identify any discrepancies, investigate and resolve any differences found during the reconciliation process. Tax Compliance: Accountants ensure compliance with tax laws and regulations by preparing and filing tax returns. They stay updated with tax codes and changes in tax legislation to minimize tax liabilities and maximize available deductions and credits. Auditing and Assurance: Accountants may assist in internal or external audits to review and assess the accuracy of financial records. They provide supporting documentation, reconcile accounts, and help resolve any discrepancies or issues identified during the audit process. General Ledger Maintenance: maintain the general ledger, which is a comprehensive record of all financial transactions of a company. This involves posting journal entries, updating accounts, and ensuring the accuracy and completeness of financial data. Expense Management: Accounts executives manage and monitor company expenses. This includes reviewing expense reports, verifying supporting documents, and ensuring compliance with company policies and budgets. Financial Systems and Software: Accountants utilize various financial software applications, such as accounting software, spreadsheets, and enterprise resource planning (ERP) systems, to perform their tasks efficiently. Liaising with Internal Stakeholders: Accounts collaborate with internal departments, such as procurement, sales, and management, to gather financial information and support decision-making. Financial Analysis: Accounts executives analyze financial data to identify trends, variances, and areas for improvement. They may perform ratio analysis, cost analysis, and profitability analysis to provide insights into the company's financial performance.