Accountant Specialist Job Description

Job Summary:

The Accountant Specialist is responsible for managing and maintaining financial records, preparing financial statements, ensuring compliance with accounting principles, and providing support for internal audits. This role requires a deep understanding of accounting procedures, strong analytical skills, and the ability to provide detailed financial insights that support decision-making processes.

Key Responsibilities:

• Financial Record Keeping:

  • Prepare and maintain accurate financial records, including ledgers, journal entries, and account reconciliations.
  • Ensure proper classification and documentation of financial transactions in compliance with accounting principles and company policies.

• Financial Reporting:

  • Assist in the preparation of monthly, quarterly, and annual financial statements (balance sheets, profit and loss statements, cash flow statements).
  • Prepare reports for management, highlighting key financial data and offering insights for decision-making.

• General Accounting:

  • Manage and reconcile accounts payable and receivable, ensuring timely payments and collections.
  • Monitor and record inventory, fixed assets, and other company resources.

• Compliance and Audit Support:

  • Ensure compliance with tax regulations, corporate policies, and accounting standards (e.g., GAAP or IFRS).
  • Assist with internal and external audits by providing necessary documentation and explanations.

• Budgeting and Forecasting:

  • Assist in preparing budgets and forecasts based on historical data and future financial projections.
  • Analyze variances between actual and budgeted financial results and provide recommendations for improvement.

• Process Improvement:

  • Identify opportunities for process improvements in financial reporting and accounting operations.
  • Assist in the implementation of accounting software or systems enhancements to improve efficiency.

Qualifications:

• Education:

  • Bachelor’s degree in Accounting, Finance, or a related field.

• Experience:

  • 3–5 years of experience in accounting or a related field.
  • Familiarity with accounting software (e.g., QuickBooks, Zoho Books, Xero, SAP, or Oracle) and advanced Excel skills.

• Skills:

  • Strong analytical and problem-solving skills with attention to detail.
  • Knowledge of accounting principles, financial reporting, and budgeting.
  • Excellent communication and interpersonal skills to collaborate with cross-functional team