Description:
𝐑𝐎𝐋𝐄 𝐃𝐄𝐒𝐂𝐑𝐈𝐏𝐓𝐈𝐎𝐍:
The successful incumbent should be familiar with the following:
- 𝗕𝗼𝗼𝗸𝗸𝗲𝗲𝗽𝗶𝗻𝗴: Maintaining accurate financial records by recording transactions in accounting software. This includes recording expenses, income, and other financial activities.
- 𝗔𝗰𝗰𝗼𝘂𝗻𝘁𝘀 𝗣𝗮𝘆𝗮𝗯𝗹𝗲 𝗮𝗻𝗱 𝗥𝗲𝗰𝗲𝗶𝘃𝗮𝗯𝗹𝗲: Processing invoices, verifying accounts payable and receivable transactions, and ensuring timely payments to vendors and receipt of payments from customers.
- 𝗕𝗮𝗻𝗸 𝗥𝗲𝗰𝗼𝗻𝗰𝗶𝗹𝗶𝗮𝘁𝗶𝗼𝗻: Comparing bank statements with internal financial records to ensure accuracy and identify discrepancies.
- 𝗣𝗿𝗲𝗽𝗮𝗿𝗶𝗻𝗴 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝗽𝗼𝗿𝘁𝘀: Assisting in the preparation of financial statements such as balance sheets, income statements, and cash flow statements.
- 𝗕𝘂𝗱𝗴𝗲𝘁𝗶𝗻𝗴 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: Assisting in the preparation and monitoring of budgets by gathering data, performing analysis, and providing input.
- 𝗘𝘅𝗽𝗲𝗻𝘀𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Monitoring and controlling expenses to ensure adherence to budgetary constraints and company policies.
- 𝗔𝘂𝗱𝗶𝘁 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: Assisting in internal and external audits by providing documentation, explanations, and reconciliations as required.
- 𝗧𝗮𝘅 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲: Assisting in the preparation of tax returns and ensuring compliance with tax regulations.
- 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: Conducting basic financial analysis to support decision-making processes, such as assessing the financial performance of departments or projects.
- 𝗥𝗲𝗰𝗼𝗿𝗱 𝗠𝗮𝗶𝗻𝘁𝗲𝗻𝗮𝗻𝗰𝗲: Maintaining organized and up-to-date financial records and documentation for auditing and regulatory compliance purposes.
- 𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Collaborating with other departments, vendors, and clients to resolve financial queries and discrepancies.
- 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗟𝗲𝗮𝗿𝗻𝗶𝗻𝗴: Staying updated with accounting principles, regulations, and industry trends to improve job performance and contribute effectively to the department.