Accounting Specialist

3 weeks ago


Naperville, Illinois, United States Olsen Accounting Full time

Olsen Accounting is seeking an experienced Accounting Specialist to join our team. As a key member of our team, you will be responsible for managing accounting clients, maintaining financial records, and assisting with tax preparation and compliance.

The ideal candidate will have a strong understanding of accounting principles and tax laws, as well as experience with tax preparation software and accounting software such as QuickBooks or Xero. They will also possess excellent analytical skills, attention to detail, and the ability to prepare and interpret financial data.

Job Description:

We are seeking a highly organized, detail-oriented, and self-motivated individual to manage accounting clients, maintain financial records, assist with tax preparation and compliance, and ensure accurate financial reporting. This is an excellent opportunity for someone with an accounting background, an understanding of tax preparation and a desire to contribute to the success of a dynamic organization.

Key Responsibilities:

  • General Accounting:
    • Maintain accurate and up-to-date financial records, including general ledger entries, account reconciliations, and monthly/year-end closing processes for numerous clients in various industries.
    • Prepare journal entries and review accounts payable/receivable, ensuring that all transactions are recorded correctly.
    • Assist with payroll processing, including related tax filings and compliance.
    • Prepare monthly, quarterly, and annual financial statements (balance sheet and income statement) including supporting workpapers.
  • Tax Preparation & Compliance:
    • Assist in the preparation of federal, state, and local income tax returns for individuals, businesses, and nonprofit entities.
    • Ensure compliance with tax regulations and deadlines by staying up-to-date with changes in tax laws and policies.
    • Review tax documents and supporting schedules to ensure accuracy and completeness.
    • Prepare sales tax returns, business tax filings, and assist with other tax-related inquiries as necessary.">
  • Audit & Client Advisory Support:
    • Support audits by providing requested financial data and documentation in an organized manner.
    • Communicate effectively with clients regarding accounting queries, tax filing deadlines, and documentation requests.

Benefits:

  • Competitive salary of $70,000 - $90,000 per year, depending on experience.
  • Benefits package including health insurance, retirement plan, and paid time off.
  • Flexible work environment with opportunities for career growth and professional development.

Preferred qualifications include certifications such as CPA or EA, experience working in a public accounting firm or corporate finance department, and prior experience working directly with clients to provide accounting, bookkeeping, or tax preparation services.



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