We are seeking a meticulous and experienced Accounting Bookkeeper to join our finance team. The Accounting Bookkeeper will play a crucial role in maintaining accurate financial records, processing transactions, and supporting overall financial management. The ideal candidate should have a strong understanding of accounting principles, excellent organizational skills, and the ability to work effectively in a dynamic financial environment.
Overview
Languages
English
Education
- College, CEGEP or other non-university certificate or diploma from a program of 1 year to 2 years
Experience
2 years to less than 3 years
Responsibilities:
- Financial Record Keeping:
- Maintain accurate and up-to-date financial records using accounting software.
- Record day-to-day financial transactions, including purchases, sales, receipts, and payments.
- Bank Reconciliation:
- Reconcile bank statements and other financial accounts regularly.
- Investigate and resolve any discrepancies or issues.
- Accounts Payable and Receivable:
- Process accounts payable and accounts receivable transactions.
- Ensure timely payment of bills and invoicing of customers.
- Expense Tracking:
- Track and categorize business expenses, ensuring proper documentation.
- Reconcile credit card statements and employee expense reports.
- Payroll Processing:
- Assist in processing payroll and ensuring compliance with relevant regulations.
- Maintain payroll records and resolve any payroll-related discrepancies.
- Financial Reporting:
- Generate financial reports, such as balance sheets, income statements, and cash flow statements.
- Provide regular financial summaries to management.
- Tax Preparation Support:
- Assist in the preparation of financial documents for tax filing.
- Collaborate with tax professionals during audits and tax season.
- Communication:
- Communicate effectively with other departments and external stakeholders.
- Respond to financial inquiries and provide necessary information.
Qualifications:
- Proven experience as an Accounting Bookkeeper or in a similar role.
- Strong understanding of accounting principles and financial reporting.
- Proficiency in accounting software and Microsoft Excel.
- Excellent attention to detail and accuracy.
Tasks
- Calculate and prepare cheques for payroll
- Calculate fixed assets and depreciation
- Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems
- Maintain general ledgers and financial statements
- Post journal entries
- Prepare other statistical, financial and accounting reports
- Prepare tax returns
- Prepare trial balance of books
- Reconcile accounts
Experience and specialization
Computer and technology knowledge
- MS Access
- MS Word
- Quick Books
Who can apply to this job?
Only apply to this job if:
- You are a Canadian citizen, a permanent or a temporary resident of Canada.
- You have a valid Canadian work permit.
If you are not authorized to work in Canada, do not apply. The employer will not respond to your application.
How to apply
By email
How-to-apply instructions
Here is what you must include in your application:
Advertised until
2024-02-22
Here are some frequently asked questions to help you gain a better understanding of this Accounting bookkeeper:
1. Who is an Accounting Bookkeeper?
An accounting bookkeeper is a professional responsible for recording financial transactions, maintaining accurate financial records, and ensuring the smooth financial operations of a business. They play a crucial role in providing a clear financial snapshot for informed decision-making.
2. What Sets Accounting Bookkeepers Apart in the Business World?
Accounting bookkeepers stand out for their attention to detail, numerical proficiency, and organizational skills. They are the backbone of financial operations, providing accurate and up-to-date financial information for businesses of all sizes.
3. Do Accounting Bookkeepers Need Formal Education?
While formal education in accounting or bookkeeping is beneficial, many successful accounting bookkeepers gain their skills through on-the-job training, certifications, or vocational courses. Proficiency in accounting software and a solid understanding of financial principles are crucial.
4. What Skills are Essential for an Accounting Bookkeeper?
Essential skills include proficiency in bookkeeping software (e.g., QuickBooks), attention to detail, organizational skills, time management, and a solid understanding of accounting principles, including debits and credits.
5. How Can Aspiring Accounting Bookkeepers Gain Experience?
Aspiring bookkeepers can gain experience through internships, entry-level positions, or by volunteering to manage financial records for small businesses. Pursuing relevant certifications, such as Certified Bookkeeper (CB), can enhance credibility.
6. What’s the Role of an Accounting Bookkeeper in a Business?
Accounting bookkeepers are responsible for recording financial transactions, reconciling accounts, generating financial reports, and ensuring compliance with accounting standards. They work closely with accountants and financial managers to support decision-making.
7. Can Accounting Bookkeepers Specialize in Certain Industries?
Yes, bookkeepers can specialize in various industries, such as healthcare, retail, or manufacturing. Each industry may have specific regulations and reporting requirements, and specialized bookkeepers bring industry-specific knowledge to the table.
8. How Do Accounting Bookkeepers Ensure Accuracy in Financial Records?
Bookkeepers ensure accuracy by reconciling accounts regularly, double-checking entries, and implementing internal controls. They maintain a systematic approach to recording transactions and address discrepancies promptly.
9. Can Accounting Bookkeepers Assist with Tax Preparation?
While bookkeepers primarily focus on record-keeping, they can assist with tax preparation by providing organized financial records to accountants or tax professionals. Some bookkeepers may have additional tax-related skills.
10. What Challenges Do Accounting Bookkeepers Face?
Challenges may include managing large volumes of transactions, staying updated on changing accounting regulations, and addressing discrepancies. Effective communication with other departments and adapting to evolving technology are also common challenges.
11. What’s the Most Rewarding Aspect of Being an Accounting Bookkeeper?
For many bookkeepers, the most rewarding aspect is contributing to the financial stability of a business. Providing accurate and timely financial information enables businesses to make informed decisions, fostering growth and success.