Financial Data Processing

Responsible for processing financial data related to year-end activities. This involves reconciling accounts, posting adjusting journal entries, and ensuring that all transactions are accurately recorded in the financial statements.

Reviewing Financial Records

Reviewing financial records and transactions from throughout the year to ensure accuracy and completeness. This includes reviewing general ledger accounts, bank reconciliations, and supporting documentation.

Preparing Financial Statements

Preparing the financial statements for the company, including the income statement, balance sheet, and cash flow statement. They ensure that the financial statements comply with accounting standards such as GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards).

Audit Preparation

Assisting with the preparation for external audits by ensuring that financial records are organized and complete. They may provide documentation and support to auditors during the audit process and address any inquiries or findings that arise.

Variance Analysis

Performing variance analysis to compare current year financial results with prior periods or budgeted figures. Investigating significant variances and provide explanations for management review.

Tax Compliance

Ensuring that the company complies with tax regulations and deadlines by preparing and filing year-end tax returns. This involve calculating tax provisions, deferred tax assets/liabilities, and other tax-related adjustments.

Process Improvement

Identifying opportunities to streamline year-end processes and improve efficiency. Implementing new procedures or systems to enhance the accuracy and timeliness of financial reporting.

Training and Development

Providing training and support to junior staff members involved in year-end accounting activities, ensuring that they understand their roles and responsibilities.

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