Preview

Accountant Job Description

Satisfactory Essays
Open Document
Open Document
252 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Accountant Job Description
Accountant Job Description | |
|Job Title: |Accountant |Division/Department |. .Dubai Branch.............. |
| | |Reports to: |Asst Sales Manager |
| |
|SUMMARY |
|Apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and |
|loss statements, and utilizing appropriate accounting control procedures. |
| |
|PRIMARY RESPONSIBILITIES |
|Prepare profit and loss statements and monthly closing and cost accounting reports. |
|Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.|
| |
|Establish, maintain, and coordinate the implementation of accounting and accounting control procedures. |
|Analyze and review budgets and expenditures for local, state, federal, and private funding, contracts, and grants. |
|Monitor and review accounting and related system reports for

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Collect and analyze the transactions and determine their effect on the financial position of the company.…

    • 253 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The main purpose of financial accounting is to prepare financial reports that provide information about a firm’s performance to external parties such as investors, creditors, and tax authorities. Must be performed according to GAAP (Generally Accepted Accounting Principles) guidelines.…

    • 636 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Much success in today’s business world is tied in with numbers in the form of accounting and financial statements. Being able to understand and properly read these statements is a critical component in truly knowing a business and properly assessing its overall financial performance. Financial reporting is the issuance of written documents in the form of the financial statements by the companies to the shareholders, stakeholders and other interested parties. 'The objective of these financial statements is to provide information about the reporting entity's financial performance and position that is useful to the wide range of users for assessing the stewardship of the entity's management and for making economic decisions. 'To be 'useful,' this information must be 'represented faithfully, should be complete, prudent and free from material errors at least.' The purpose of imposing regulations on accounting practices and setting standards is to fulfil the objectives of financial statements.…

    • 862 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Accounting principles are the guidelines and rules that are followed by the accountant in the preparation of financial statements. The accounting principles guide the accountant in the recording of the assets, the ways to depreciate, the recording of revenue and expenses and the ways to process the timing of when to record all revenue and expenses. The accounting principles follow the objectives of accounting for the processing of the financial statements so that when they are read they are accurate and true and show a true statement of the financial status of the company. The accounting principles allow the investors and stockholders have faith in what the financial statements state about the company and its financial status.…

    • 515 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Homework Assignment Ch1-2

    • 1071 Words
    • 5 Pages

    The purpose of the objective of financial reporting is to prepare a balance sheet, an income statement, a statement of cash flows, and a statement of owners’ or stockholders’ equity.…

    • 1071 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The Viability of an organization needs to be determined by the appropriate financial party or parties. Each financial department has multiple roles and responsibilities. The main function of the main financial department is to make financial policies, financial planning, supervising financial activities, and more (Cleverley, Song, & Cleverley, 2011). Accounting is a sub function of the main financial department. Accounting is usually responsible for standard bookkeeping, taxes, financial reporting, payroll, taxes, inside auditing and more (Cleverley, Song, & Cleverley, 2011). However the roles and responsibilities will vary depending on the size of the organization. Both departments are crucial to…

    • 555 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    * Review and reconcile financial agreements, ensure that accurate information is entered into various reporting tools.…

    • 437 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Ath Technology

    • 1299 Words
    • 6 Pages

    Collect the information about the transactions of a business make sure the inflow of resources must exceed the outflow and set od procedures and dictate hoe and by whom information should be recorded and verified-provide checks and balances to ensure that assets are safeguarded and information collected are accurate.…

    • 1299 Words
    • 6 Pages
    Satisfactory Essays
  • Good Essays

    Accounting is the mechanism that offers information regarding the financial position of the organization or business. This type of information is critical to investors as it provides them with important and detailed information that could turn out to be the determining factor as to their decisions to invest or not to invest in a particular organization. Accounting in business is one of the most important departments. Ethical and professional accounting forms a clear financial image of a business, and allows managers to make informed decisions, keepsinvestors abreast of developments in the business, and keeps the business profitable. (Osanyin, 2008)…

    • 551 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Accounting

    • 301 Words
    • 2 Pages

    The purpose of the objective of financial reporting is to prepare a balance sheet, an income statement, a statement of cash flows, and a statement of owner’s or stockholders’ equity.…

    • 301 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Monitors the flow of finance in and out of the business  Keeps and analyzes financial accounts  Provides financial information to management…

    • 518 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The externally oriented branch of the subject is called ‘financial accounting’ where statements of financial performance over a period of time are produced. They allow a business to accurately determine the profit or loss from doing business for a given amount of time. This allows a business to accurately determine what state and federal income taxes are due annually. Accounting is information that is used by potential investors to decide whether or not to buy stocks and bonds in the firm. Today accounting practices are standard to ensure compliance to all state and federal laws and to avoid fraud. The principles today are referred to as Generally Accepted Accounting Principles (GAAP). Some of the basic accounting principles as taught today include the balance sheet equation of assets = liabilities + stockholder's…

    • 590 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Identify and apply the objective of financial reporting and the underlying assumptions used by accountants.…

    • 3365 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    There are several accounting concepts that are used by the accountants worldwide in preparing financial statements.Using these principles one can prepare a fair and accurate financial statement for a period that would reflect the true condition of the business.…

    • 2940 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Financial accounting can be defined as reporting of the financial position and performance of a firm through financial statements issued to the external users on a periodic basis. It is a field of finance that treats money as a means of measuring economic performance instead of treating it as a factor of production. It encompasses the entire system of monitoring and control of money as it flows in and out of the organization in terms of assets and liabilities, and revenues and expenses. Financial accounting gathers and summarizes financial data to prepare various financial reports such as balance sheets and income statements for the organization’s management, investors, lenders, suppliers, tax auditors and various other shareholders. Financial accounting is focused on providing accounting reports and analysis to the other areas of business. Financial accounts area responsible for the creation and issuing of the company’s financial statements; providing accurate and opportune information to the management and hence ensuring that all regulatory reporting requirements are met. In financial accounting, the goal is to consistently provide the valuable, accurate and reliable information. The financial statements summarize the business activities and working for the year and are used by the shareholders, bankers, employees, various bargaining units and the general public to evaluate the financial worth of the company. The issuing of these statements is the responsibility of the financial department. Independent auditors audit the statements; who validate the information and provide accurate statements to the readers. A cash flow report provides details on the funds received and distributed. The statement of owners or shareholders equity shows the total net income from the year and how it will be distributed among…

    • 1175 Words
    • 5 Pages
    Good Essays