What are the responsibilities and job description for the Senior Accounting Specialist position at Larry's Sausage Company?
Job Description
Job Description
We are seeking a Senior Accounting Specialist who will be responsible for managing our company's financial operations by overseeing day-to-day accounting tasks, including budgeting, accounts payable / receivable, payroll, financial reporting, ensuring compliance with regulations, and providing analysis to support decision-making, essentially maintaining the overall financial health of an organization; they may also develop and implement financial policies and procedures.
Key responsibilities of a Sr Accounting Specialist may include :
- Budgeting and forecasting :
Creating and managing budgets, tracking expenses against budget, forecasting future financial performance.
Processing invoices, managing payments to vendors, collecting customer payments, reconciling accounts.
Preparing financial statements (income statement, balance sheet, cash flow statement), analyzing financial data, generating reports for management .
Calculating and processing payroll, ensuring compliance with tax regulations.
Staying updated on financial regulations, ensuring adherence to accounting standards and internal controls.
Performing financial modeling, identifying trends, providing insights to support decision-making.
Maintaining accurate financial records, data entry into accounting software.
Assisting with internal and external audits, preparing necessary documentation.
Working with various departments to gather financial information, communicating financial data to stakeholders.
Required skills for Senior Accounting Specialist :