Accountants perform a variety of tasks including:
Financial reporting: Prepare financial statements balance sheets and profit and loss statements
Tax preparation: Compute taxes owed prepare tax returns and ensure taxes are paid on time
Financial analysis: Analyze financial operations trends costs revenues and obligations
Risk assessment: Identify potential risks for fraud and assess financial operations
Budgeting: Prepare budget forecasts and assist with budgeting and forecasting
Accounting transactions: Manage all accounting transactions reconcile accounts payable and receivable and ensure timely bank payments
Financial record keeping: Organize analyze and maintain financial records
Compliance: Ensure compliance with accounting principles and regulations
Recommendations: Provide recommendations to management on ways to reduce costs enhance revenues and improve profits
Accountants typically need a bachelors degree in accounting or a similar field and 1 4 years of experience. Some companies may be flexible about experience if the candidate has a proven track record of managing accounts.
Work experience as an Accountant. Excellent knowledge of accounting regulations and procedures, including the Generally Accepted Accounting Principles (GAAP) Hands-on experience with accounting software like FreshBooks and QuickBooks. Advanced MS Excel skills including Vlookups and pivot tables.
Education
Graduate