Senior Accountant Job Description

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A Senior Accountant is a mid-level professional that provides comprehensive oversight of the company’s accounting department. Their responsibilities include verifying, allocating, posting and reconciling accounts payable and receivable.

In addition to ensuring the accuracy of financial transactions, they produce accounting reports, presenting results that offer a clear insight into the organization’s fiscal health.

By: Ksenija Drobac

December 21, 2023

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Senior Accountant Job Overview

We are seeking a seasoned Senior Accountant to become an integral part of our team at [Company Name].

As a Senior Accountant, your key responsibilities will include overseeing the company’s accounting functions, ensuring accuracy in financial transactions and producing error-free accounting reports.

You will take ownership of tasks such as verifying, allocating, posting and reconciling accounts payable and receivable. Additionally, your role will involve analyzing financial information, summarizing the company’s financial status, and providing valuable insights for informed decision-making.

If you are a detail-oriented professional with extensive accounting expertise, [Company Name] offers an exciting opportunity for your continued professional growth.

Salary: $88,000-$92,000/year
Schedule: Full-time commitment

Senior Accountant Duties & Responsibilities

Verify, allocate, post and reconcile accounts payable and receivable
Produce accurate accounting reports
Analyze financial information to provide a comprehensive summary of the organization’s financial status
Identify errors and recommend improvements to enhance efficiency and optimize spending
Offer technical support and advice related to Management Accounting functions
Review and propose modifications to accounting systems and procedures for enhanced effectiveness
Supervise and manage accounting assistants and bookkeepers
Contribute to financial standards setting and participate in the forecast process
Provide valuable input into the department’s goal-setting process
Prepare financial statements and develop budgets according to established schedules
Assist in tax audits and the preparation of tax returns
Direct internal and external audits to ensure compliance with regulatory standards
Plan, assign and review the work of staff to ensure accuracy and efficiency
Support month-end and year-end close processes with meticulous attention to detail
Develop and document business processes and accounting policies to strengthen internal controls, ensuring compliance with GAAP principles

Senior Accountant Experience & Skills

Extensive and proven experience in roles such as Financial Controller, Accounting Supervisor, Chief Accountant or Senior Accountant
In-depth knowledge of fundamental accounting procedures and practices
Comprehensive understanding and application of Generally Accepted Accounting Principles (GAAP)
Strong awareness of current business trends and their implications on financial strategies
Familiarity with financial accounting statements, including balance sheets, income statements and cash flow statements
Substantial hands-on experience in general ledger functions and proficiency in executing the month-end and year-end close processes
Expertise in using various accounting software packages, with proficiency in systems like FreshBooks and QuickBooks
Advanced skills in Microsoft Excel, including Vlookups and pivot tables, to analyze and interpret financial data effectively
Exceptional accuracy and attention to detail in financial record-keeping and reporting
Demonstrated aptitude for numbers and strong quantitative skills
Proven ability to provide financial analysis and insights to support strategic decision-making
Effective communication skills to convey complex financial information to both financial and non-financial stakeholders
Experience in overseeing and managing accounting teams to ensure accurate and timely financial reporting
Knowledge of tax regulations and experience in preparing and reviewing tax returns

Senior Accountant Education & Qualifications

Bachelor’s degree in Accounting, Finance or a related field
Professional certification such as Certified Public Accountant (CPA) or Chartered Accountant (CA)

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