What are the responsibilities and job description for the Accounting Associate position at Barranco & Associates LLC?
Job Title: Accounting Associate
Job Description:
We are looking for a highly organized Accounting Associate to join our finance team. The ideal candidate will be responsible for performing essential accounting tasks, ensuring accurate and timely management of financial data. This role involves maintaining financial records, supporting accounting operations, and assisting with data analysis and reporting.
Key Responsibilities:
Data Entry and Maintenance:
- Accurately record financial transactions and maintain up-to-date financial records, including income, expenses, and other general ledger accounts.
- Organize, categorize, and reconcile financial data to ensure accuracy and completeness.
Account Reconciliation:
- Reconcile bank statements, accounts payable, and accounts receivable records.
- Identify discrepancies or errors in financial data and work to resolve them.
- Assist in reconciling general ledger accounts on a monthly, quarterly, and annual basis.
Financial Reporting and Analysis:
- Prepare detailed reports to track financial performance, including budgets, cash flow, and profitability.
- Analyze financial data to support decision-making, forecasting, and budget planning.
- Prepare financial summaries, charts, and graphs to present financial information to management.
Support Month-End and Year-End Processes:
- Assist in preparing financial statements and reports for internal and external use.
- Collaborate with the finance team to ensure accurate month-end and year-end closing processes.
- Help gather and organize data for audits and tax filings as needed.
Process Improvement:
- Continuously review and improve accounting processes to enhance accuracy and efficiency.
- Identify and implement opportunities to streamline routine accounting tasks.
Proficiency in Excel:
- Utilize advanced functions to support data entry, analysis, and reporting.
Skills and Qualifications:
- Educational Background: Associate’s or Bachelor’s degree in Accounting, Finance, or a related field.
- Technical Skills: Proficient in Microsoft Excel and other accounting software.
- Attention to Detail: Strong ability to manage detailed financial data with a high level of accuracy.
- Analytical Skills: Ability to analyze data and provide meaningful insights to support financial decisions.
- Time Management: Strong organizational skills and the ability to prioritize multiple tasks to meet deadlines.
- Communication Skills: Effective verbal and written communication skills for interacting with team members and management.
Experience:
- 1-2 years of experience in an accounting, finance, or related role preferred.
- Experience working with accounting software and financial reporting tools.
- This Accounting Associate role is an excellent opportunity for someone with a passion for accounting and strong organizational skills to contribute to our company's financial accuracy and operational success.