An accountant manages, analyzes, and reports an organization's financial transactions, ensuring accuracy, regulatory compliance (GAAP), and financial health. Key duties include reconciling bank statements, preparing balance sheets and income statements, handling tax returns, and managing budgets.
Key Responsibilities
Financial Reporting: Preparing monthly, quarterly, and annual financial statements (balance sheets, profit/loss).
Reconciliation: Reconciling accounts payable and receivable, and bank statements.
Compliance: Ensuring compliance with tax laws, regulations, and GAAP.
Budgeting & Analysis: Monitoring budgets, forecasting, and analyzing financial data for cost reduction.
Record Keeping: Maintaining accurate financial records, ledgers, and journals.
Auditing: Assisting with internal or external audits and preparing audit documentation.