What are the responsibilities and job description for the STAFF ACCOUNTANT position at Air Compressor Solutions?
Job Description
Job Description
Job Summary :
The Accountant will prepare financial reports to track the organization’s assets, liabilities, profit and loss, tax liabilities, and other related financial activities.
Role and Responsibilities :
- Performs general cost accounting and other related duties in the accounting department.
- Record financial transactions.
- Maintain and balance general ledger accounts.
- Prepare and post journal entries.
- Monitor actual performance against budgeted figures.
- Provide variance analysis on P&L and Balance Sheet monthly.
- Ensure compliance with accounting standards and regulations.
- Stay informed about changes in accounting principles.
- Identify and resolve accounting discrepancies and issues.
- Propose solutions for improving financial processes.
- Provides outside auditors with assistance; gathers necessary account information and documents to perform an annual audit.
- Files required tax forms with federal, state, and local government agencies.
- Coordinates the preparation of the corporate tax return.
- As appropriate, coordinates with the software vendor to maintain accounting software system; recommends updates to enhance the accounting software.
- Audits account to ensure compliance with state and federal regulations.
- Presents recommendations to management on short and long-term financial objectives and policies.
- Correct Parts Internal sales out of customer sales, including looking up cost and making the appropriate accounting entries.
- Assist all company personnel with any questions they have regarding accounting or system processes.
- Run biweekly Payroll in coordination with Human Resources.
- Reconcile monthly bank statements with accounting software, ensure entries are accurately made in the system, and update and track our cash balance in a manual check register.
- Backup to Accounts Payable in reconciling monthly statements from our suppliers, including completing wire transfers to suppliers for settlements.
- Help accounting team with printing checks, wire transfers, deposits, and any journal entries resulting from these responsibilities.
- Help manage record and track petty cash as a back up to the original cashier.
- Performs other related duties as assigned.
Qualifications and Education Requirements :
