adminWe are seeking a detail-oriented and experienced Bookkeeper to join our finance team. The 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 equivalent experience
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 a 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
- 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
Who can apply to this job?
The employer accepts applications from:
- Canadian citizens and permanent or temporary residents of Canada.
- Other candidates with or without a valid Canadian work permit.
Advertised until
2024-02-23
Here are some frequently asked questions to help you gain a better understanding of this Bookkeeper:
1. Who is a Bookkeeper?
A Bookkeeper is a financial professional responsible for recording, organizing, and maintaining an organization’s financial transactions. They play a key role in ensuring accurate and up-to-date financial records.
2. What Sets Bookkeepers Apart in the Financial Landscape?
Bookkeepers stand out for their meticulous attention to detail and proficiency in financial record-keeping. They provide the foundation for sound financial decision-making by maintaining organized and accurate financial data.
3. Do Bookkeepers Need Formal Education?
While formal education is not always required, many Bookkeepers have a degree in accounting, finance, or a related field. Professional certifications, such as Certified Bookkeeper (CB), can enhance credibility and career prospects.
4. What Skills are Essential for a Bookkeeper?
Essential skills include a strong grasp of accounting principles, attention to detail, proficiency in accounting software, and excellent organizational skills. Bookkeepers also need effective communication skills to work with other members of the financial team.
5. How Can Aspiring Bookkeepers Gain Experience?
Aspiring Bookkeepers can gain experience through internships, entry-level positions, or volunteering. Hands-on experience with accounting software and exposure to diverse financial transactions contribute to skill development.
6. What’s the Role of a Bookkeeper in an Organization?
Bookkeepers manage financial transactions, record income and expenses, reconcile bank statements, and generate financial reports. They play a critical role in supporting the work of accountants and ensuring compliance with financial regulations.
7. Can Bookkeepers Specialize in Certain Industries?
Yes, Bookkeepers can specialize in various industries such as healthcare, retail, or nonprofit. Each industry may have unique financial transactions and reporting requirements, and specialized knowledge enhances a Bookkeeper’s effectiveness.
8. How Do Bookkeepers Ensure Accuracy in Financial Records?
Bookkeepers ensure accuracy by diligently recording and categorizing transactions, reconciling accounts regularly, and implementing internal controls. Attention to detail and a systematic approach are crucial for maintaining precise financial records.
9. What Challenges Do Bookkeepers Face?
Challenges may include managing a high volume of transactions, staying updated on changes in accounting regulations, and adapting to evolving technologies. Bookkeepers must navigate these challenges to maintain accuracy and compliance.
10. What’s the Most Rewarding Aspect of Being a Bookkeeper?
For many Bookkeepers, the most rewarding aspect is contributing to the financial health and success of an organization. Knowing that their meticulous work provides a reliable financial foundation brings a sense of accomplishment.
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