As a Company Accountant, you take on the role of the person in charge of the company's accounting. You are a liaison between finance and respective operations unit. You serve as the key communicator in reporting business operations from the financial viewpoint to the Directors/Shareholders. You have a responsibility to ensure that updated financial report is made available at any point of time, enabling the Directors/Shareholders to understand the health status of the Company and to make informed financial decision.
Job scope and responsibilities:
Financial management and reporting
- Maintain financial records: Record and categorize all financial transactions, including revenue, expenses, inter-company's trading and asset movements.
- Prepare financial statements: Produce accurate and timely financial statements, including cash flow statements.
- Handle accounts payable (AP): Process and pay vendor invoices in a timely manner, reconcile supplier statements, and ensure accurate expense records.
- Handle accounts receivable (AR): Assisting operations in creating and sending invoices to customers, process incoming payments, and follow up on any outstanding.
- Reconcile accounts: Regularly reconcile all bank accounts, credit card statements, and other balance sheet accounts to ensure accuracy and resolve any discrepancies timely.
Budgeting and analysis
- Develop and monitor budgets: Prepare and maintain annual and quarterly budgets and forecasts, monitoring actual financial performance against these projections.
- Analyze financial performance: Perform regular financial analysis, such as budget vs. actuals variance analysis, to identify trends, costs, and opportunities for improvement.
- Provide strategic advice: Offer financial guidance to management and other departments to help them understand the financial implications of their decisions.
Compliance and auditing
- Ensure regulatory compliance: Verify that all financial records and practices adhere to relevant laws, regulations, and accounting standard.
- Prepare tax returns: Accurately compute and prepare corporate tax returns and other government filings to ensure timely submission.
- Conduct internal audits: Perform internal audits to assess the effectiveness of financial controls and identify any potential risks, fraud, or waste.
Systems and procedures
- Administer financial systems: Manage and maintain the company's accounting software and financial management systems.
- Develop financial policies: Create and implement new accounting policies and procedures to improve efficiency, transparency, and internal controls.
