Financial Reporting: Preparing and presenting accurate and timely financial statements (such as balance sheets, income statements, and cash flow statements) in accordance with accounting principles and regulations. Compiling financial data and conducting variance analysis to assess financial performance. Bookkeeping and Record-Keeping: Recording day-to-day financial transactions, including purchases, sales, receipts, and payments. Maintaining general ledger accounts and reconciling bank statements. Accounts Payable and Receivable: Managing accounts payable transactions, ensuring bills and invoices are paid accurately and on time. Monitoring accounts receivable, issuing invoices, and following up on overdue payments. Payroll Processing: Calculating employee salaries, wages, bonuses, commissions, and deductions. Ensuring payroll taxes and statutory deductions are accurately calculated and remitted. Financial Analysis: Analyzing financial data and preparing financial reports to provide insights into business performance and trends. Conducting financial forecasting, budgeting, and cost management activities. Audit and Compliance: Coordinating and facilitating internal and external audits to ensure compliance with regulatory requirements and accounting standards. Implementing internal controls and procedures to safeguard financial assets and mitigate risks. Taxation: Preparing and filing tax returns (income tax, VAT/GST, payroll tax) in compliance with local tax regulations. Providing tax planning advice and strategies to minimize tax liabilities. Financial Systems and Software: Utilizing accounting software and financial management systems to record transactions, maintain financial records, and generate reports. Recommending and implementing improvements to financial systems and processes. Financial Management and Strategy: Assisting in the development of financial plans, budgets, and forecasts. Providing financial insights and recommendations to support strategic decision-making by senior management. Communication and Collaboration: Communicating financial information effectively to stakeholders, including management, investors, and external parties. Collaborating with other departments (such as operations, sales, and procurement) to ensure financial objectives are aligned with overall business goals. Continuous Learning and Development: Staying updated on changes in accounting principles, regulations, and industry trends. Participating in professional development opportunities to enhance technical skills and knowledge in accounting and finance.