a senior accountant is an experienced professional who takes ownership of managing financial records, ensuring accuracy, and maintaining compliance with accounting standards. they often play a key role in financial analysis, reporting, and overseeing more complex accounting activities.
here is a comprehensive breakdown of a senior accountant job description:
senior accountant job summary
the senior accountant will be responsible for managing the general ledger, executing the month-end and year-end close process, and ensuring the integrity and accuracy of the company's financial data in compliance with gaap/ifrs. this role requires strong analytical skills to prepare financial reports, support audits, and provide financial insights to management.
essential duties and responsibilities
1. financial reporting and analysis
prepare and analyze monthly, quarterly, and annual financial statements, ensuring timely and accurate reporting.
conduct variance analysis (budget vs. actual) and provide financial insights and recommendations to management for strategic decision-making.
prepare revenue projections and expenditure forecasts.
assist in the development and monitoring of the annual operating budget.
2. general ledger management and reconciliation
manage the general ledger and oversee the accuracy of all accounting transactions.
perform complex account reconciliations for various balance sheet accounts (., bank accounts, assets, liabilities, accruals).
prepare and post journal entries, ensuring proper revenue and expense recognition.
coordinate and execute the full month-end and year-end close procedures.
3. compliance and audit support
ensure all accounting operations comply with generally accepted accounting principles (gaap) or international financial reporting standards (ifrs) and federal/state tax regulations.
coordinate and assist with the annual external financial and tax audits, preparing all necessary schedules and workpapers.
review and ensure adherence to established internal controls to safeguard company assets and financial data.
assist with the preparation and filing of various tax returns and regulatory reports.
4. operational and team support
review and manage accounts payable and accounts receivable transactions.
document, update, and recommend improvements to existing accounting systems, policies, and procedures to enhance efficiency.
serve as a technical resource or mentor for junior accountants, reviewing their work for accuracy and providing guidance.
collaborate with other departments to address financial inquiries and provide necessary financial support and data
5 - 10 Years
1 Openings
3.0 - 4.0 Lac/Yr
Face-to-Face interview
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