Financial Accountant Expert
2 days ago
The Financial Accountant at Noble House Trading & Services plays a vital role in managing the finance function for our group of companies while ensuring accurate and timely financial reporting. The position requires close attention to detail and a deep understanding of financial accounting principles in the retail sector.
Key Responsibilities:
- Maintain accurate financial records, including journals, ledgers, and trial balances.
- Reconcile bank statements, accounts payable, and accounts receivable on a regular basis.
- Prepare monthly, quarterly, and annual financial statements, including balance sheets, profit and loss statements, and cash flow reports.
- Ensure that financial reports are accurate, complete, and prepared in a timely manner.
- General Ledger Management:
- Oversee the maintenance and reconciliation of the general ledger, ensuring all transactions are recorded properly.
- Ensure compliance with accounting standards and internal policies.
- Budgeting & Forecasting:
- Assist in the preparation of budgets and financial forecasts.
- Analyze variances between actual financial results and budgets, providing explanations for discrepancies.
- Tax & Compliance:
- Prepare and file all necessary tax returns, ensuring compliance with tax regulations.
- Stay updated on tax regulations and make recommendations for tax planning strategies.
- Audit Support:
- Assist with internal and external audits by preparing necessary documentation and responding to audit queries.
- Ensure compliance with audit requirements and implement any necessary corrective actions.
- Asset Management:
- Maintain records of company assets and ensure proper accounting for depreciation and disposal of fixed assets.
- Monitor and report on the company's financial status regarding assets and liabilities.
- Cross-functional Support:
- Collaborate with other departments, including procurement, sales, and operations, to ensure accurate financial reporting and support business objectives.
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