“Accounting Associate Job Description”

What is an Accounting Associate?

An accounting associate is a professional position in accounting responsible for several aspects of day-to-day business financial operations, from creating balance sheets to tracking accounts payable/receivable.

Accounting Associate Job Description

Accounting associate job descriptions specify the roles, duties, and responsibilities expected of individuals in the professional position. The job description typically outlines the skill sets and other qualifications for an accounting associate position, along with the primary purpose of the position.

Accounting Associate Responsibilities Include:

• Preparing and maintaining accurate financial statements
• Filing and tracking all taxes owed by the company
• Managing accounts payable and accounts associate receivable
• Reviewing compliance documents and making sure laws and regulations are followed
• Monitoring the financial performance of the company

Job Brief

Accounting associates are financial professionals who are responsible for taking care of the company’s finances. They work with both internal and external financial documents, and are expected to help maintain the company’s profitable status. An accounting associate should have a thorough understanding of accounting principles, excellent analytical skills, and strong customer service skills.

Responsibilities

• Record, classify, and summarize financial transactions and activities
• Compile and analyze financial information, prepare income and expense reports
• Prepare invoices, reports, and other documents
• Verify accuracy of financial transactions, adjust and correct account errors where needed
• Maintain and reconcile the general ledger
• Research issues, prepare internal reports, and provide recommendations for process improvements

Requirements and Skills

• Bachelor’s degree in accounting, finance, or related field
• Proficiency in general ledger software, such as Quickbooks & Xero
• Strong knowledge of tax compliance laws and regulations
• Good verbal and written communication skills
• Attention to detail and accuracy
• Ability to work independently as well as part of a team

Also, See: Superworks Job Description