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Corporate Accounting Associate
2 months ago
Job Overview:
The Senior Accounting Specialist is tasked with the upkeep of financial documentation, the preparation of financial reports, and the assurance of precise financial information.
This position entails executing general ledger accounting, reconciling financial accounts, crafting journal entries, and aiding in the month-end and year-end closing activities.
The Senior Accounting Specialist will also provide assistance during audits, budgeting processes, and adherence to accounting regulations.Primary Duties:
General Ledger Management:
Maintain and refresh the general ledger by recording and verifying financial transactions.
Prepare and submit journal entries, including accruals, prepayments, and adjustments.
Account Reconciliation:
Reconcile balance sheet accounts, such as bank accounts, credit cards, and other financial records.
Investigate and rectify discrepancies by collaborating with various departments.
Financial Reporting:
Assist in the generation of monthly, quarterly, and annual financial statements.
Ensure that financial reports are accurate, timely, and compliant with GAAP (Generally Accepted Accounting Principles).
Month-End and Year-End Closing:
Engage in the month-end and year-end closing activities, including preparing supporting documents and reconciling accounts.
Assist in guaranteeing that all financial data is accurately documented and reported.
Audit Assistance:
Provide support during internal and external audits by preparing audit documentation and addressing audit inquiries.
Maintain records to substantiate financial statements and accounting documentation.
Budgeting and Forecasting:
Aid in the formulation of budgets and financial forecasts.
Analyze variances between actual outcomes and budgeted figures, providing explanations for notable differences.
Regulatory Compliance:
Ensure adherence to company policies, procedures, and regulatory standards.
Stay informed about changes in accounting standards and regulations.
Process Enhancement:
Identify potential improvements for accounting processes and systems.
Assist in the adoption of new procedures or software to boost efficiency and accuracy.
Special Assignments:
Participate in special assignments as directed by management, such as system implementations or financial analyses.
Qualifications:
Education:
Bachelor’s degree in Accounting, Finance, or a related discipline.
Experience: 1-3 years of accounting experience, ideally in a corporate or public accounting setting.