Duties and Responsibilities of an Accounting Officer. An accounting officer handles the financial record keeping of an organization. Accounting officers prepare invoices, record payments, and manage the expenses of the organization.
Accounting Officer Duties:
- Research and interpret financial information
- Assist with budgeting and financial planning
- Conduct financial audits
- Identify and prosecute fraud and other financial irregularities
- Process payroll and accounts payable
- Monitor day-to-day accounting operations
Accounting Officer Responsibilities:
- Accurately process, review, submit, and reconcile all daily transactions including sales invoices and purchases invoices
- Assist with payroll duties including reviewing and submitting timesheets, and managing overtime
- Accounting pre-close, and post-close responsibilities, including preparing journal entries, adjusting trial balance, completing month-end closing, and performing account reconciliations
- Manage accounting operations, including processing account payables, account receivables, petty cash, and cash applications
- Track and analyze accounting data and prepare monthly financial reports for management review
- Document accounting processes and procedures and assist in training employees
- Assist with accounts payable, accounts receivable, payroll, and expense reimbursement
- Conduct internal audits and document corrective actions to address areas of improvement
- Oversee and assist with IT needs, including network management, server maintenance, and hardware
