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Accounting professionals can be self-employed or work for a specific company.
Most accountants specialize in a specific discipline of accounting, including taxes,
accounts receivable, cost accounting, which includes calculating the cost of materials and labor,
and even accounts payable. Whatever the case, accounting job responsibilities can include analyzing accounting records,
computing taxes, developing budgets, providing auditing services and even giving financial advice.
Responsibilities:
Prepares asset, liability, and capital account entries by compiling and analyzing account information.
Documents financial transactions by entering account information.
Recommends financial actions by analyzing accounting options.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Substantiates financial transactions by auditing documents
Maintains accounting controls by preparing and recommending policies and procedures.
Guides accounting clerical staff by coordinating activities and answering questions.
Reconciles financial discrepancies by collecting and analyzing account information.
Secures financial information by completing data base backups.
Maintains financial security by following internal controls.
Prepares payments by verifying documentation, and requesting disbursements.
Answers accounting procedure questions by researching and interpreting accounting policy and regulations.
Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions.
Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
Maintains customer confidence and protects operations by keeping financial information confidential.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Accomplishes the result by performing the duty.
Professional Competencies:
Generally accepted accounting practices and principles
Fund or governmental accounting practices and principles
Auditing practices and principles
Public agency budgeting practices and principles
Computer applications related to the work
Standard office practices and procedures
Applicable laws, codes and regulations; and
Techniques for dealing with a variety of individuals from various socio-economic,
cultural and ethnic backgrounds, in person and over the telephone.
Skills and Experience:
Maintaining accurate financial records and preparing clear and accurate reports for informational, auditing and operational use.
Reconciling accounts, records, reports and journals
Preparing financial and/or auditor statements, schedules and reports;
Interpreting, applying and explaining complex laws, codes, regulations and ordinances
Reviewing and verifying accuracy of data;
Maintaining accounting records for special accounts and projects
Making sound, independent judgments within established policies and procedures
Organizing own work, setting priorities and meeting critical deadlines
Communication to interact effectively with co-workers, managers, subordinates and the general public sufficient to convey information and to receive work direction.