Accountant at TAC Professional Services

Job Summary:

• The Accountant will be responsible for managing and reporting the financial activities of the company.
• This role includes maintaining financial records, preparing financial statements, performing reconciliations, and ensuring compliance with accounting standards and regulations.
• The ideal candidate will have a strong understanding of accounting principles and experience in the service industry.

Key Responsibilities:

• Financial Recordkeeping: Maintain accurate and up-to-date financial records, including general ledger entries, accounts payable and receivable, and payroll transactions.
• Financial Reporting: Prepare monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
• Budgeting and Forecasting: Assist in the preparation of the company’s budget and financial forecasts, and monitor actual performance against the budget.
• Reconciliation: Perform regular bank reconciliations and resolve discrepancies in a timely manner.
• Tax Compliance: Prepare and file tax returns, ensuring compliance with federal, state, and local tax regulations.
• Audit Preparation: Assist in the preparation of documents and schedules for external audits and liaise with auditors as needed.
• Expense Management: Review and process expense reports, ensuring compliance with company policies.
• Financial Analysis: Conduct financial analysis to identify trends, variances, and opportunities for cost savings or efficiency improvements.
• Regulatory Compliance: Ensure all financial practices adhere to established internal controls and regulatory requirements.
• Support Business Operations: Collaborate with other departments to provide financial insights and support business operations.

Education:

• Bachelor’s degree in Accounting, Finance, or related field.

Experience:

• Minimum of 5-7 years of accounting experience, preferably in a service-oriented business.

Skills

• Technical Skills: Proficiency and Microsoft Office Suite, especially Excel.
• Knowledge: Strong understanding of GAAP (Generally Accepted Accounting Principles) and familiarity with tax regulations.
• Analytical Skills: Excellent analytical and problem-solving abilities.
• Attention to Detail: High level of accuracy and attention to detail.
• Communication Skills: Strong verbal and written communication skills.
• Organizational Skills: Ability to manage multiple tasks and meet deadlines.

Key Performance Indicators:

• Profit and loss
• Process costs
• Number of aging reconciliations
• Time to close
• Close quality
• Bad debt to sales ratio
• Operational cost per collection
• Number of invoicing disputes
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