Prepare and maintain financial records: Record day-to-day financial transactions, including accounts payable, accounts receivable, and general ledger entries.
Prepare financial statements: Compile monthly, quarterly, and annual financial statements such as balance sheets, income statements, and cash flow statements.
Manage payroll processing: Oversee payroll calculations, deductions, and ensure timely and accurate payments to employees.
Reconcile accounts: Regularly perform bank reconciliations and resolve discrepancies in financial records.
Budgeting and forecasting: Assist in the preparation of budgets, forecasts, and financial projections.
Tax preparation and compliance: Ensure compliance with local, state, and federal tax regulations, and assist in the preparation of tax returns.
Internal audits: Conduct periodic internal audits to ensure the accuracy and integrity of financial records.
Provide financial analysis: Analyze financial data to identify trends, variances, and areas for improvement.
Assist with financial planning: Support management in developing financial strategies and plans.
Ensure compliance: Stay updated on accounting standards and regulations to ensure all financial activities comply with legal requirements.
Collaborate with external auditors: Assist with audit processes, providing necessary documentation and information.