What is a Senior Accounting Officer doing? Job description and responsibilities
What does a Senior Accounting Officer do?
The Senior Accounting Officer is responsible for providing financial advice and support to the senior management team, as well as managing the day-to-day accounting operations of the organization. This position requires strong accounting skills, knowledge of financial principles, and the ability to work independently. The Senior Accounting Officer must be able to analyze complex financial information, prepare financial statements and reports, and provide timely advice to the management team. The ideal candidate should have a degree in accounting and a minimum of five years of experience in a similar role.
Responsibilities of Senior Accounting Officer
1. Prepare and record asset, liability, revenue, and expense entries by compiling and analyzing account information.
2. Maintain and balance general ledger accounts by verifying, allocating, and posting transactions.
3. Reconcile accounts by researching and resolving discrepancies.
4. Maintain financial records by filing documents.
5. Prepare financial statements by gathering and summarizing account information.
6. Prepare financial reports by collecting, analyzing and summarizing account information and trends.
7. Assist in the preparation of budgets by gathering and analyzing financial information.
8. Assist in the preparation of audits by providing information and support to auditors.
9. Develop and document accounting policies and procedures.
10. Recommend financial actions by analyzing accounting options.