Accountant Job in Philadelphia, Pennsylvania

Here's a breakdown of common tasks in an accounting department: * Financial Reporting: Preparing financial statements like balance sheets, income statements, and cash flow statements. This involves analyzing financial data, reconciling accounts, and ensuring accuracy. * Bookkeeping: Maintaining records of financial transactions, including invoices, receipts, and payments. This involves inputting data into accounting software, reconciling bank statements, and preparing reports. * Payroll: Processing employee paychecks, including calculating deductions and taxes. This also involves managing payroll records, ensuring compliance with tax regulations, and issuing pay stubs. * Accounts Payable: Processing vendor invoices, ensuring accuracy, and making payments. This also involves reconciling vendor statements and managing payment terms. * Accounts Receivable: Managing customer invoices, tracking payments, and collecting outstanding balances. This involves issuing invoices, following up on late payments, and reconciling customer accounts. * Budgeting and Forecasting: Developing and managing budgets, forecasting future financial performance, and analyzing variances. This involves gathering data, preparing projections, and presenting recommendations. * Tax Compliance: Preparing and filing tax returns, ensuring compliance with tax laws and regulations. This involves gathering tax information, calculating tax liabilities, and preparing tax forms. * Internal Controls: Establishing and maintaining internal controls to safeguard assets, ensure accuracy of financial records, and prevent fraud. This involves assessing risks, implementing controls, and monitoring compliance. * Auditing: Reviewing financial records and processes to ensure accuracy, compliance, and effectiveness. This involves conducting audits, preparing audit reports, and making recommendations.