An accountant manages and analyzes financial records, which includes preparing financial statements, tax returns, and budgets. Key responsibilities involve ensuring accuracy and compliance with laws and regulations, auditing financial information, reconciling accounts, and providing financial advice to help management make informed decisions.
Core responsibilities
Manage and maintain financial records: Record and track all financial transactions, manage the general ledger, and prepare balance sheets, income statements, and other financial reports.
Ensure compliance: Ensure financial records and statements comply with laws, regulations, and generally accepted accounting principles (GAAP). This includes preparing and filing tax returns accurately.
Financial analysis: Analyze financial data to assess operational efficiency, identify risks, and suggest improvements to reduce costs, enhance revenues, or improve profits.
Auditing: Conduct internal and external audits to evaluate financial health and accuracy, and resolve any discrepancies found in the records.