FAQs
What accounting functions will I be responsible for in this role?
You will perform a variety of accounting functions including daily recording of transactions, financial period close activities, reconciliations, and reporting.
Will I need to prepare bank reconciliations?
Yes, you will be responsible for preparing bank reconciliations and communicating with finance departments on variances to resolve them.
Are balance sheet reconciliations part of my responsibilities?
Yes, preparation and review of balance sheet reconciliations is one of your key responsibilities.
What tax-related tasks will I be handling?
You will be involved in the preparation and calculation of tax schedules as part of your duties.
How will I manage intercompany transactions?
You will ensure the completeness and accuracy of intercompany transactions, resolve errors and exceptions, and perform daily reconciliations of high-volume transactions.
Is there any recording and maintenance involved in fixed assets?
Yes, you will be responsible for recording and maintaining Fixed Assets and Intangible Assets, as well as reconciling the Fixed Asset sub-ledger to the General Ledger.
Will I be required to follow up on accounting open items?
Yes, follow-up with lines of business and stakeholders for the closure of accounting open items is part of your role.
Will I need to prepare any regulatory reports?
Yes, you will be responsible for the preparation of bank or regulatory reporting according to given timelines.
How should I maintain accounting records?
You should maintain data and records in accordance with accounting standards and principles, and ensure they are available for review by internal and external audits.
What level of accounting accuracy is expected in this position?
Ensuring completeness and accuracy in all accounting tasks is critical, including reconciliations and reporting.