1. Financial Reporting: Prepare financial statements (income statements, balance sheets, cash flow statements) on a regular basis. Ensure accuracy and compliance with accounting standards (e.g., GAAP or IFRS). 2. Bookkeeping: Maintain accurate and up-to-date records of financial transactions. Manage accounts payable and accounts receivable processes. Reconcile bank statements and ensure all transactions are recorded correctly. 3. Tax Compliance: Prepare and file tax returns (income tax, VAT/GST, payroll taxes) accurately and on time. Stay updated on tax laws and regulations to minimize tax liabilities. 4. Financial Analysis: Analyze financial data to identify trends and key performance indicators (KPIs). Provide insights and recommendations to management based on financial analysis. 5. Budgeting and Forecasting: Assist in preparing budgets and forecasts based on financial data and business trends. Monitor variances between actual and budgeted financial results. 6. Audit and Compliance: Assist in audits conducted by external auditors or regulatory agencies. Ensure compliance with internal controls and procedures. 7. Financial Management: Provide support in financial decision-making processes. Monitor and manage cash flow to ensure liquidity for operational needs. 8. Software and Systems: Utilize accounting software (e.g., QuickBooks, SAP, Oracle) to manage financial transactions and generate reports. Recommend improvements in accounting systems and processes. 9. Communication: Communicate financial information effectively to stakeholders, including management and external parties. Collaborate with other departments to gather financial data and resolve issues. 10. Professional Development: Stay updated on accounting principles, regulations, and industry trends. Pursue continuing education or certifications (e.g., CPA, CMA) to enhance professional qualifications.
