Operations Accountant

Primary purpose:

Performs daily accounting tasks such monthly financial reporting, general ledger entries, recording payments and making the required financial adjustments. This position captures the company’s financial data and maintaining accurate financial records

Key roles and responsibilities:

Financial Recordkeeping and Compliance 

• Maintaining records of financial transactions. 
• Ensuring compliance with legal requirements. 
• Timeously obtaining supporting documents for financial transactions. 
• Ensuring audit trails are attached to reconciliations and invoices. 
• Responding to and resolving queries made by suppliers related to payments. 

Account Management and Reconciliation 

• Maintaining subsidiary accounts. 
• Verifying, allocating, and posting transactions to subsidiary accounts. 
• Balancing subsidiary accounts through reconciliation. 
• Maintaining the general ledger. 
• Transferring subsidiary account summaries to the general ledger. 
• Balancing the general ledger through trial balance preparation and reconciliation. 
• Performing account reconciliations to assess transaction accuracy. 
• Reconciling reports to third-party records such as bank statements. 

Financial Reporting and Analysis 

• Capturing monthly income statements for management accounts. 
• Collecting, analyzing, and summarizing account information and trends for financial reporting. 
• Preparing financial reports. 

Transaction Processing and Invoice Management 

• Raising invoices and recording them in the correct accounting periods. 
• Processing payments for invoices. 
• Resolving discrepancies and collaborating across various finance and non-finance functions. 
• Retrieving statements and obtaining approvals to validate transactions. 
• Preparing monthly journals, including accruals, depreciation, and cost allocations. 

Process Improvement and Automation 

• Recommending improvements in efficiency using automation. 
• Administering and managing petty cash.