Financial Reporting: Preparation of financial statements including balance sheets, income statements, and cash flow statements. Ensuring compliance with accounting principles and regulatory requirements (e.g., GAAP, IFRS). Bookkeeping: Recording financial transactions accurately in the general ledger. Maintaining and balancing subsidiary accounts by verifying, allocating, and posting transactions. Accounts Payable and Receivable: Managing accounts payable to ensure timely payments to vendors and suppliers. Monitoring accounts receivable to ensure timely collection of payments from customers. Budgeting and Forecasting: Assisting in the preparation of budgets and financial forecasts based on historical data and future trends. Monitoring budget performance and preparing variance analysis reports. Financial Analysis: Analyzing financial data and trends to provide insights into business performance. Conducting profitability analysis, cost analysis, and financial modeling as needed. Taxation: Preparing and filing tax returns (income tax, sales tax, payroll tax) accurately and on time. Advising on tax planning strategies to optimize tax efficiency and ensure compliance with tax laws. Audit and Compliance: Coordinating and facilitating internal and external audits. Implementing internal controls to ensure compliance with regulatory requirements and safeguarding of assets. Financial Systems and Software: Utilizing accounting software and financial management systems to streamline processes and maintain accurate financial records. Recommending and implementing improvements to accounting systems and procedures for efficiency. Cash Flow Management: Monitoring cash flow and liquidity to ensure adequate funds are available for operational needs. Forecasting cash flow requirements and managing cash reserves effectively. Financial Advice and Support: Providing financial advice and support to management on financial decisions and strategies. Participating in strategic planning and decision-making processes to ensure financial goals are aligned with business objectives.