A Bookkeeper is responsible for recording, organizing, and maintaining a company's financial transactions to ensure accurate financial records and compliance with regulations.
Key Responsibilities
1. Recording Financial Transactions
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Record daily financial activities (sales, purchases, receipts, payments)
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Maintain general ledger entries
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Ensure all transactions are accurate and up to date
2. Accounts Payable & Receivable
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Process invoices and payments
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Track incoming payments and follow up on overdue accounts
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Reconcile customer and vendor accounts
3. Bank & Account Reconciliation
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Reconcile bank statements with company records
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Identify and resolve discrepancies
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Monitor cash flow and balances
4. Payroll Support
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Assist in processing employee payroll
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Maintain payroll records and deductions
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Ensure compliance with tax and labor regulations
5. Financial Reporting
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Prepare basic financial reports (profit & loss, balance sheets)
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Generate monthly, quarterly, and annual summaries
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Provide reports to management or accountants
6. Tax & Compliance Support
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Maintain records for tax preparation
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Assist with filing taxes or providing documents to accountants
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Ensure compliance with financial regulations
7. Data Management & Record Keeping
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Maintain organized financial records and filing systems
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Ensure confidentiality of financial information
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Use accounting software like QuickBooks, Xero, or FreshBooks