Professional Accountant Job Description
Professional accountant
provides solutions to problems presented by University departments and recommends changes to accounting systems, methods or procedures, utilizing knowledge of accounting principles and practices.
Professional Accountant Duties & Responsibilities
To write an effective professional accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included professional accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Assisting in the month-end close process and preparation of back-up schedules while working with the accounting team to comply with complex GAAP principles
Preparing monthly GAAP journal entries and schedules for multiple balance sheet and income statement accounts
Maintain and review supporting schedules to financial statements – Client Receivables, Other Liability Schedule, Miscellaneous Receivables, Cash Receipts, Fixed Asset and Depreciation
Maintain fixed asset and prepaid expense schedules
Reconcile and maintain cash accounts and monthly bank reconciliations
Prepare work papers for the year end audit
Prepare financial statements and footnotes to the financial statements for the Form 10-Q and Form 10-K filings
Prepare timely and accurate monthly internal management and Audit Committee reporting packages
Assist with the adoption of the expected new lease standard
Assisting with the implementation of a new ERP system
Professional Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Professional Accountant
List any licenses or certifications required by the position: CPA, MFMP, FLAIR, FCCM
Education for Professional Accountant
Typically a job would require a certain level of education.
Employers hiring for the professional accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Education, Business/Administration, Business, Professional Accounting, Technical, Economics, Auditing, Human Resources
Skills for Professional Accountant
Desired skills for professional accountant include:
Concepts
Accounting and auditing principles
Accounting and auditing practices
FLAIR
Internal control concepts
Theory
Accounting systems
Computer systems concepts
Accounting principles
Functions
Desired experience for professional accountant includes:
Performing month end close activities, including reconciliations, journal entries and financial statement preparation
Preparing the Consolidated Financial Statements and related analysis
Assisting with the annual budgets and forecasts
Purchase Accounting
Prepare monthly financial statements, management reports and cash flow projection
Assist in the preparation of annual budget and forecast
Professional Accountant Examples
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Professional Accountant Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of professional accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for professional accountant
- Continuously improve the internal process to enhance the business efficiency
- Perform any ad hoc duties as assigned
- Prepare quarterly and annual payroll tax reports and W-2s, sales tax reports, and 1099s
- Prepare payroll and submit tax deposits for clients
- Review payroll tax returns prepared by staff
- Research complex payroll and payroll tax issues
- Respond to client payroll tax notices
- Handle communications with IRS and state taxing authorities on behalf of clients
- Records of business transactions related to the General Ledger
- Daily contact with Chief Accountants and Business Controllers within assigned area of responsibilities
Qualifications for professional accountant
- Qualified or to be qualified with professional accountancy qualification
- Proficiency in SAP is highly preferred
- Mature, self motivated, responsible and deadline driven
- Good command of English and Chinese including Putonghua
- Minimum of 5 years experience with payroll taxes in a multi-state environment
- Knowledge of payroll tax research methods
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Professional Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of professional accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for professional accountant
- Support the day to day activities of the Professional Practice Group (PPG), including training, accounting and assurance research, assurance software support, and constantly evolving special projects
- Proactively build relationships and communicate effectively with the members of the PPG and professionals throughout the assurance practice
- Prepares analysis, reviews, verifies and reconciles various records, financial reports and statements
- Performs complex financial analyses to summarize current and projected company financial position
- Plans, conducts, and participates in analysis of complex cost assignments, ensuring that all assigned projects adhere to accepted cost accounting standards
- Reconciles balance sheet and income statement accounts to general ledger
- Forward appropriate invoices to the Retirement Legal Section for review
- Responds to inquiries from the family members of the deceased concerning the status of overpaid benefits, confirms correct address and emails legal with information to have family set up monthly payments
- Generate letters in IRIS Word requesting reclamation of overpayment of benefits from banks as directed by the Survivor Benefits Section
- Research reasons overpayment letters are returned undelivered
Qualifications for professional accountant
- Understanding of financial statement formatting
- Experience with preparing payroll and payroll tax filings
- Computer skills - QuickBooks and Microsoft Office (Outlook, Excel, Word)
- Knowledge of income tax and depreciation methods a plus
- Well-rounded technical skills in advisory, tax and consulting services
- Intermediate knowledge of French language
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Professional Accountant Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of professional accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for professional accountant
- Update and maintain spreadsheet of overpayment invoices
- Review and analyze data and prepare financial reports as necessary
- Consult with the appropriate parties when variances occur
- Assist in modifying/applying/cancelling invoices as requested
- Prepare federal income tax returns, state income/franchise tax returns and related schedules, primarily with the use of OneSource Income Tax software
- Prepare workpapers to support book/tax adjustments for interim and annual income tax provision, primarily with use of OneSource Tax Provision software
- Prepare foreign information returns - Forms 5471 and 8858 and supporting workpapers
- Maintain reconciliations of domestic and foreign income tax accounts
- Assist with federal and state income/franchise tax examinations
- Research and document various tax positions through written technical memorandums
Qualifications for professional accountant
- Practical knowledge of MS Office (Excel)
- Intermediate knowledge of Dutch language
- Assist in delivering industry and technical expertise in audit and assurance through client interactions, written reports, technical work, management presentations and the production of high quality deliverables
- Contribute your professional knowledge and technical expertise on a variety of technical assurance and accounting matters, with a focus on practical application to our clients
- Assist in providing practical solutions on auditing issues to engagement teams
- Transfer knowledge attained through conferences/training sessions to team members and in the development of tools and materials used in firm training
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Professional Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of professional accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for professional accountant
- Maintain supporting tax workpapers/schedules in an organized manner
- Keep abreast of relevant federal and state and local tax regulations
- Assistance with ad hoc requests
- Demonstrates a working knowledge of accounting entries to assist various sections in
- Maintaining general ledger activity
- Preparing monthly financial and productivity reports, including the analysis, management and implementation of financial initiatives
- Identifying opportunities for improvement and provide information and recommendations to management assisting in preparation of annual expense budget
- Extensive project support, costing, and ad hoc financial analysis
- Performing monthly variance analysis
- Assisting in year-end planning
Qualifications for professional accountant
- 1+ years of progressive experience in a related field
- Experience with GAAP and STAT accounting preferred
- Bachelor Degree or above in Accounting, Finance or related discipline
- Experience with responding to tax notices and communication with taxing authorities
- Collaborate with the CaseWare development team, creating, modifying, and improving current business processes
- Work alongside managers and partners to address standards issues
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Professional Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking for a professional accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for professional accountant
- Performs all required tasks related to the supervision of employees, including approval of attendance and leave, evaluating employee performance (preparing performance plans, performance evaluations, and position descriptions, ), recruitment and selection, employee development, and other supervisory related duties
- Serve as primary contact for statewide financial statement inquiries
- Prepare Schedule I reports for the annual Legislative Budget Request
- Perform month-end closing activities associated with revenue/costs of professional services including revenue recognition for services, costs analysis and accrual for projects, month-end reporting/analysis and etc
- Perform non month-end activities associated with revenue/costs of professional services including frequent interactions with various teams, eg
- Exercise professional judgment & skepticism to determine and take appropriate action related to revenue/costs-related transactions
- Involvement in review and advise on contracts and sales orders in professional services to arrive at and assess proper revenue recognition treatment prior to and once deals are finalized
- Serve as an internal technical accounting expert for the sales team during the contract negotiation process by analyzing the impact of red flag contract terms, communicating the revenue impact, and offering alternative structures, where possible
- Participate in finance related IT projects which enhance process improvement and revenue recognition process
- Assist in process improvements to further streamline revenue accounting process and shorten the closing cycle
Qualifications for professional accountant
- Ensure technical contributions are accurate and of high quality
- Two (2) to four (4) years of experience providing attest services in a professional services firm
- Minimum one year of accounting experience with a small to mid-size business or professional firm would be preferred
- Computer skills including Excel, Simply Accounting and Quickbooks
- Graduate (or near completion) of a College accounting or bookkeeping program
- Canadian CAS, ASPE, ASNPO and IFRS