Accountant

1. Financial Reporting and Analysis Prepare accurate financial statements (income statement, balance sheet, cash flow). Analyze financial data to identify trends and areas for improvement. Assist in budgeting, forecasting, and financial planning. 2. Inventory Management and Costing Manage inventory valuation and reconciliation. Track merchandise costs and cost of goods sold (COGS). Conduct inventory audits and resolve discrepancies. 3. Accounts Payable and Receivable Process supplier invoices and ensure timely payments. Monitor customer accounts, follow up on overdue payments. Reconcile supplier and customer statements. 4. Cash Flow Management Monitor cash flow for daily operations. Reconcile bank statements and maintain accurate records. Handle petty cash and ensure proper documentation. 5. Tax Compliance Ensure accurate tax calculations and payments (sales tax, VAT/GST, income tax). Prepare and file tax returns, ensuring regulatory compliance. Maintain records for audits. 6. Payroll Management Process payroll and ensure timely employee payments. Calculate bonuses, commissions, and deductions. Ensure compliance with payroll regulations and labor laws. 7. Internal Controls and Audits Implement internal controls to safeguard assets. Support internal and external audits with necessary data. Ensure adherence to financial policies and procedures. 8. Management Reporting Prepare and present financial reports to management. Track key performance indicators (KPIs) such as sales, margins, and inventory turnover. Provide insights to support business strategy. 9. Financial Systems and Software Management Maintain and update accounting software and systems. Ensure integration of financial data across business systems (ERP, POS). Troubleshoot software errors and assist with system improvements. 10. Compliance and Legal Reporting Ensure compliance with financial reporting standards and regulations. Stay updated with changes in accounting standards, tax laws, and regulations. Maintain records for legal and compliance purposes.1. Financial Reporting and Analysis Prepare accurate financial statements (income statement, balance sheet, cash flow). Analyze financial data to identify trends and areas for improvement. Assist in budgeting, forecasting, and financial planning. 2. Inventory Management and Costing Manage inventory valuation and reconciliation. Track merchandise costs and cost of goods sold (COGS). Conduct inventory audits and resolve discrepancies. 3. Accounts Payable and Receivable Process supplier invoices and ensure timely payments. Monitor customer accounts, follow up on overdue payments. Reconcile supplier and customer statements. 4. Cash Flow Management Monitor cash flow for daily operations. Reconcile bank statements and maintain accurate records. Handle petty cash and ensure proper documentation. 5. Tax Compliance Ensure accurate tax calculations and payments (sales tax, VAT/GST, income tax). Prepare and file tax returns, ensuring regulatory compliance. Maintain records for audits. 6. Payroll Management Process payroll and ensure timely employee payments. Calculate bonuses, commissions, and deductions. Ensure compliance with payroll regulations and labor laws. 7. Internal Controls and Audits Implement internal controls to safeguard assets. Support internal and external audits with necessary data. Ensure adherence to financial policies and procedures. 8. Management Reporting Prepare and present financial reports to management. Track key performance indicators (KPIs) such as sales, margins, and inventory turnover. Provide insights to support business strategy. 9. Financial Systems and Software Management Maintain and update accounting software and systems. Ensure integration of financial data across business systems (ERP, POS). Troubleshoot software errors and assist with system improvements. 10. Compliance and Legal Reporting Ensure compliance with financial reporting standards and regulations. Stay updated with changes in accounting standards, tax laws, and regulations. Maintain records for legal and compliance purposes.