Recordkeeping and General Accounting:
Maintain accurate and up-to-date financial records, including invoices, receipts, and expense reports.
Record financial transactions into the general ledger and verify their accuracy.
Process accounts payable (AP) and accounts receivable (AR), ensuring timely payments and collections.
Bank Reconciliation and Cash Flow Management:
Reconcile bank statements, credit card transactions, and other financial accounts regularly.
Monitor cash flow and prepare reports reflecting the status of funds.
Financial Reporting:
Generate monthly, quarterly, and annual financial reports, including balance sheets, profit and loss statements, and cash flow statements.
Assist management in preparing budgets and forecasts.
Compliance and Taxation:
Ensure compliance with applicable tax regulations, government reporting requirements, and company policies.
Assist in preparing data for tax filings and audits.
Process Development and Improvement:
Recommend and implement process improvements to streamline bookkeeping tasks and enhance accuracy.
Stay updated on best practices and software tools related to bookkeeping.
Collaboration and Communication:
Work closely with other departments, such as payroll or finance, to ensure financial data accuracy.
Provide support to external accountants or auditors during financial reviews or audits.