Financial Reporting:
Prepare and consolidate financial statements according to GAAP (Generally Accepted Accounting Principles).
Ensure timely and accurate monthly, quarterly, and year-end close processes.
Analyze financial data and provide insights to support strategic decision-making.
2. Account Reconciliation:
Reconcile accounts payable and receivable transactions.
Review and reconcile general ledger accounts and bank statements.
Resolve discrepancies and irregularities in financial entries and reports.
3. Financial Operations:
Manage and oversee the daily operations of the accounting department.
Monitor and analyse accounting data and produce financial reports or statements.
Establish and enforce proper accounting methods, policies, and principles.
4. Audit and Compliance:
Coordinate and assist with external audits and tax filings.
Ensure compliance with local, state, and federal financial regulations and requirements.
Implement internal controls to mitigate financial risks and enhance operational efficiency.
5. Budgeting and Forecasting:
Assist in the preparation of budget forecasts and variance analysis.
Monitor budget-to-actual performance and report on financial metrics.
Provide financial insights and recommendations to management based on analysis.
6. Team Leadership and Development:
Supervise and mentor junior accounting staff, including assigning tasks and reviewing their work.
Conduct performance evaluations and provide ongoing feedback and support.
Foster a collaborative and positive work environment within the accounting team.