Maintaining accurate and up-to-date financial records, including recording transactions, managing accounts payable and receivable, bank reconciliations, and generating financial statements such as balance sheets, income statements, and cash flow statements.
Managing payroll-related activities, including calculating employee wages, handling tax deductions, processing payroll taxes, preparing and distributing paychecks or direct deposits, and generating payroll reports, with the help of payroll service provider.
Managing vendor invoices, processing payments, handling supplier inquiries, maintaining accurate records of outstanding payments, and managing collections.
Conducting financial analysis to provide insights into a company's financial performance, preparing financial reports and forecasts, analyzing key performance indicators (KPIs), and providing recommendations for improving financial efficiency and profitability.
Assisting with the creation and maintenance of budgets, preparing financial forecasts, monitoring actual performance against budgeted figures, and providing insights for better budget management.
Helping clients implement accounting software systems, configuring the software to meet specific business requirements, providing training and support.