![]() Follow the standard accounting procedures and policies. ![]() Provide the information accountants and auditors need for their reports and audit.Generate financial reports with analysis of the financial statements.Communicate financial issues to the management.Balance the financial books by reconciling them with bank statements.Ensure the prompt collection of receivables.Enforce sales tax collection from customers and remit them to the government.Manage debt levels to ensure debt covenant compliance.Pay suppliers, customers, and debts on time.Calculate budget variances and report any significant issues.Manage the annual budget and petty cash fund.Oversee the business’ inventory and cash flow.Keep the accounting filing system in order.Keep track of all the business’ financial transactions. ![]() We listed down the nitty-gritty details of the job that’ll allow you to understand the kind of skills you need to have to take on a bookkeeping role: This way, you’ll know what to expect from the job and what you need to learn or develop within yourself. It’s important you’re familiar with the bookkeeper duties and responsibilities before anything else. They record these transactions, make payments, balance the books and bank statements, and generate financial reports.
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