ACCOUNTING SPECIALIST

Key Responsibilities:

An Accounting Specialist is a financial professional responsible for managing all types of financial accounts within an organization. Their duties include:

• Maintaining precise and comprehensive records, including ledgers, invoices, and receipts.
• Verifying and processing financial transactions.
• Communicating effectively with lenders, clients, and suppliers.
• Assisting with daily, monthly, and annual accounting activities and projects, which include generating financial reports, developing budgets, preparing tax returns, and assisting with audits while resolving discrepancies.
• Recording transactions, including expenses and sales revenue.
• Processing payments to utilities and vendors for supplies, materials, and other expenses.
• Sending invoices to customers to request payment for goods or services rendered.
• Reconciling accounts and noting any unposted debits and credits.
• Printing paychecks and initiating direct deposits for employee compensation.
• Generating financial reports upon request.
• Identifying and rectifying any errors resulting from data entry.
• Filing tax returns.

Qualifications:

• Proficient data entry skills for recording transactions quickly and accurately.
• Ability to utilize accounting software such as QuickBooks, Xero, and FreshBooks.
• Knowledge of tax regulations and financial reporting laws.
• Strong arithmetic skills for verifying calculations.
• Strong analytical skills for identifying and correcting errors.
• Demonstrated organizational skills for managing information from various accounts separately.
• Ability to multitask and handle multiple assignments throughout the day.
• Effective time management skills to ensure timely completion of reports and receipt of payments.
• Understanding of accounting principles and current financial legislation.
• Exceptional communication and problem-solving skills.
• Strong math and research abilities.
• Basic computer skills with familiarity in bookkeeping software.
• Highly organized and detail-oriented.
• Capability to analyze data accurately and efficiently.