Core responsibilities
Financial record-keeping: Documenting all transactions, managing ledgers, and keeping financial systems up-to-date.
Reporting and analysis: Preparing and presenting financial statements (like balance sheets and income statements), financial reports, and budgets.
Auditing: Examining financial records and working with internal or external auditors to ensure accuracy and compliance.
Taxation: Computing and preparing tax returns and providing tax planning services based on current legislation.
Strategic and advisory duties
Budgeting and forecasting: Creating and reviewing budgets, as well as forecasting future financial performance.
Financial advising: Providing strategic advice to management on how to reduce costs, improve profitability, and make informed decisions.
Risk management:
Performing financial risk analysis to identify potential financial challenges and compliance issues.
Compliance and process management
Ensuring compliance: Making sure all financial activities and statements comply with local, state, and federal laws and accounting standards.
Reconciliation: Reconciling accounts and reports to ensure accuracy and resolve any discrepancies.
Process improvement: Monitoring the efficiency of accounting procedures and recommending improvements.