Apply on
Original
Simplified
Involve in Full set of accounting
1.General Ledger (GL) Management
- Record and maintain all financial transactions in the general ledger.
- Post journal entries, including adjustments for accruals, prepayments, and depreciation.
- Reconcile general ledger accounts monthly to ensure accuracy and compliance with accounting standards.
- Prepare and review trial balances for monthly and year-end closings.
2. Accounts Payable (AP)
- Process and verify supplier invoices for accuracy and proper approval.
- Match invoices with purchase orders and delivery notes.
- Prepare payment schedules and process payments via online banking or checks.
- Monitor and resolve discrepancies with vendors and suppliers.
- Maintain and update accounts payable aging reports to ensure timely payments.
3. Accounts Receivable (AR)
- Generate and issue customer invoices accurately and on time.
- Record and allocate incoming payments in the accounting system.
- Monitor accounts receivable aging and follow up on overdue payments.
- Reconcile customer accounts and address discrepancies or disputes.
- Prepare AR aging reports for management review.
4. Bank Reconciliation
- Perform monthly bank reconciliations to ensure alignment of company records with bank statements.
- Investigate and resolve any discrepancies, including unrecorded transactions or errors.
- Monitor bank balances daily to ensure sufficient funds for operational needs.
5. Cash Flow Management
- Prepare and update cash flow projections regularly to ensure sufficient liquidity.
- Monitor cash inflows and outflows to optimize working capital.
- Liaise with banks for fund transfers, fixed deposits, and other financial arrangements.
- Prepare monthly cash flow statements for management reporting.
Similar Jobs
