Some of the duties I perform, in QBO QB Desk, Sage, Simply Accounting, Wave, and Freshbooks; are:
Recording Financial Transactions:
- Accurately record day-to-day financial transactions, including sales, purchases, and expenses.
Accounts Payable:
- Manage vendor invoices, verify accuracy, and process payments.
Accounts Receivable:
- Generate and send customer invoices, and track and follow up on overdue payments.
Bank Reconciliation:
- Match transactions in the company's financial records with those in bank statements.
- Resolve discrepancies and ensure financial accuracy.
Payroll Processing:
- Calculate and process employee salaries, including deductions, taxes, and other payroll-related tasks.
Financial Reporting:
- Generate financial statements, such as profit and loss statements and balance sheets.
- Prepare regular financial reports for management.
Budget Management:
- Assist in creating and managing budgets.
- Monitor and analyze budget variances.
Tax Preparation:
- Compile information for tax returns.
- Coordinate with tax professionals and ensure compliance with tax regulations.
Financial Analysis:
- Analyze financial data to identify trends, patterns, and areas for improvement.
- Provide insights to support decision-making.
Software Proficiency:
- Utilize accounting software (e.g., QuickBooks, Xero) to perform tasks efficiently.
- Stay updated on software features and industry best practices.
Documentation and Organization:
- Maintain organized and up-to-date financial records.
- Archive documents for audit purposes.
Communication:
- Collaborate with other departments, auditors, and financial professionals.
- Provide financial information as needed.
Compliance:
- Ensure adherence to accounting principles and industry regulations.
- Stay informed about changes in financial laws and standards.
Problem Resolution:
- Investigate and resolve discrepancies or issues in financial records.
- Implement corrective actions to improve financial processes.