What does a Staff Accountant do?

A Staff Accountant plays a vital role in ensuring accurate financial records, assisting in financial reporting, and contributing to the overall financial health of the organization. They prepare financial statements, analyze financial data, and ensure that financial transactions are recorded accurately.

A Staff Accountant performs a variety of accounting responsibilities such as information verification and analysis, financial report preparation and presentation, financial account reconciliation, billing and payment receiving activities, vendor database management, and invoice processing. They also assist with bookkeeping as needed.

Staff Accountant Responsibilities

  • Conduct general cost accounting and associated tasks.
  • Create monthly reconciliations for balance sheet accounts and contribute to closing procedures.
  • Manage the general ledger, which includes establishing new accounts.
  • Reconcile bank accounts, validate deposits, and handle bank inquiries.
  • Monitor and reconcile intercompany account balances and the fixed asset ledger.
  • Support external auditors during annual audits.
  • Ensure accurate tax filing within mandated jurisdictions.
  • Aid in Financial Planning and Analysis, involving annual budget preparation and quarterly forecasting for P&L, B/S, and CF.

Staff Accountant Qualifications

  • Bachelor’s degree in accounting or a related field.
  • At least two years of accounting experience required.
  • Accounts Payable experience required.
  • Experience with Microsoft Office Suite preferred.
  • Solid knowledge of ERP systems, with NetSuite preferred.
  • Excellent verbal and written communication skills.
  • Excellent organizational skills and attention to detail.

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