Financial Recordkeeping: Recording financial transactions accurately in ledgers or accounting software. Maintaining and updating financial records such as accounts payable, accounts receivable, and general ledger entries. Financial Reporting: Preparing financial statements including balance sheets, income statements, and cash flow statements. Ensuring financial statements are accurate, timely, and comply with accounting principles (GAAP, IFRS) and regulatory requirements. Budgeting and Forecasting: Assisting in the preparation of budgets and financial forecasts based on historical data and market trends. Monitoring budget variances and providing analysis to support management decision-making. Tax Compliance: Calculating and preparing tax returns (income tax, VAT/GST, etc.) in compliance with tax laws and regulations. Advising on tax planning strategies to minimize tax liabilities while ensuring compliance. Audit Support: Coordinating and preparing documentation for internal and external audits. Assisting auditors with inquiries and providing necessary financial information and reports. Financial Analysis: Analyzing financial data and performance metrics to assess financial health and profitability. Providing insights and recommendations to management based on financial analysis. Payroll Processing: Calculating employee salaries, deductions, and benefits accurately. Ensuring payroll taxes are withheld and remitted correctly and on time. Compliance and Controls: Implementing and monitoring internal controls to safeguard financial assets and ensure compliance with policies and procedures. Conducting periodic reviews and audits to identify and mitigate financial risks. Skills Required: Technical Skills: Proficiency in accounting principles and practices, financial reporting, and financial analysis. Attention to Detail: Accuracy in recording financial transactions and preparing financial statements. Analytical Skills: Ability to analyze data, identify trends, and interpret financial information. Problem-Solving Abilities: Capability to resolve accounting issues and discrepancies. Communication Skills: Clear and effective communication to convey financial information to stakeholders. Software Proficiency: Familiarity with accounting software (e.g., QuickBooks, SAP) and MS Excel for data analysis. Ethical Standards: Adherence to ethical standards and confidentiality in handling financial data. Time Management: Efficient organization of tasks to meet deadlines and manage workload effectively.