1. Maintaining Financial Records: Assist in maintaining accurate financial records, including ledgers, balance sheets, and journals.
2. Processing Invoices: Ensure that invoices are processed correctly and paid on time by verifying details and cross-checking them with purchase orders.
3. Handling Payments and Receipts: Assist in processing incoming and outgoing payments, including checks, wire transfers, and online payments.
4. Preparing Financial Reports: Help prepare monthly, quarterly, and annual financial reports, including profit and loss statements and balance sheets.
5. Bank Reconciliation: Assist in reconciling bank statements with internal records to ensure accuracy in financial transactions.
6. Managing Petty Cash: Keep track of petty cash expenses and ensure proper documentation for all cash transactions.
7. Supporting Budget Preparation: Provide support in preparing and monitoring departmental or company budgets by analyzing financial data.
8. Assisting in Audits: Provide necessary documents and assist auditors during internal and external audits.
9. Tax Filing Assistance: Help with the preparation of tax returns and ensure compliance with tax regulations.
10. Handling Financial Queries: Address financial queries from clients, vendors, or internal departments, providing clear and accurate information.