The Junior Accountant is responsible for capturing customer and supplier invoices, collating travel expenses, maintaining cash balances, ensuring proper stock levels, receiving stock, ordering stationary, allocating expenses, typing quotes, balancing statements and payments, liaising with customers and suppliers, maintaining asset registers, and ensuring invoices meet tax requirements.
The Senior Accountant prepares creditor and petty cash reconciliations, follows up on receivables, ensures accurate and timely reconciliations, opens new accounts, resolves debtor queries, performs bank reconciliations, prepares journals, ensures adherence to controls, analyzes financial results, ensures correct invoice processing, and attends to inventory counts.
This document produced a checklist for Lawyers and regal professionals who will be audited by the Law Society. uLaw provides practice management and legal accounting for all provinces and territories in Canada
This document produced a checklist for Lawyers and regal professionals who will be audited by the Law Society. uLaw provides practice management and legal accounting for all provinces and territories in Canada
50+ CFO/Controller Best Practices for the Big PictureDoeren Mayhew
Doeren Mayhew Shareholder Juan Padilla shares more than 50 ideas to better manage the CFO/Controller workload so you can play a more strategic, big-picture role in the success of the company.
50+ CFO/Controller Best Practices for the Big PictureDoeren Mayhew
Doeren Mayhew Shareholder Juan Padilla shares more than 50 ideas to better manage the CFO/Controller workload so you can play a more strategic, big-picture role in the success of the company.
1. Responsibilities: Junior Accountant
- Capture manual customer invoices only in Pastel.
- Capture weekly and monthly supplier invoices on Pastel.
- Collating and finalizing the checking of Travel & Expenses.
- Maintain cash float and balancing daily cash ups.
- Ensuring that the store properly stocked.
- Tend to receiving stock, matching supporting documentation.
- Responsible for making stationary orders and finalizing stationery cost recovery.
- Ensure expenses are approved and allocated to correct departments.
- Typing client quotes.
- Balancing of statements, matching payments to invoices.
- Liaising with suppliers & customers.
- Create & maintain asset registers for all entities.
- Ensuring all invoices was processed correctly and meets SARS specifications for
a valid tax invoice.
- Filling out Credit application forms.
- Implement and maintain a correct filing system.
Responsibilities: Senior Accountant
- Prepare creditor reconciliation’s on a monthly basis.
- Prepare Petty cash reconciliation.
- Follow up through investigation with suppliers' accounts receivable department all
reconciling and disputed items, ensuring no outstanding items.
- Ensure that all monthly reconciliation is completed accurately and timorously in
order to investigate whether necessary.
- Opening new Pastel Accounts for new debtors and creditors.
- Resolve all debtors’ queries.
- Banks reconciliation’s.
- Preparation and processing of monthly and annual journals.
- Ensure that the standard of controls in place are adhered to and monitored.
- Identify areas of risk from data capturing to reporting and ensure that adequate
procedures are in place to mitigate and manage those risks.
- Analyze financial results on a monthly basis
- Ensure correct approval, sorting, coding and matching of invoices/receipts.
- Processing of invoices and credit notes.
- Ensure completeness and accuracy of accounting records in line with applicable
reporting standards.
- Allocate and process cheques, COD payments, customer receipts and debit orders.
- Post monthly bad debt provisions.
- Attend to cycle count by comparing physical inventory count to system inventory
count and resolving discrepancies.
2. - Randomly walk through store and inspect pricing against inventory sheet to
ensure correctness.