The Accounting Support role typically includes both the accounts receivable and accounts payable functions. Which include:
This role supports the accounts receivable function by performing tasks such as collecting and processing cash receipts in a timely manner, and reporting trade debt including revenue, cash flow and credit control. An accounts receivable officer deals with internal and external customers on a daily basis and duties include (but are not limited to): preparing invoices and statements to be promptly sent to clients; ensuring gathered data is correct, accurate and reliable; assisting with enquiries from debtors about money received; accurately and securely banking monies; controlling the A/R journal and reconciliation.
An accounts payable officer completes payments and controls expenses by receiving, processing, verifying, and reconciling invoices. This role is accountable for preparing and paying accounts and claims that result in the efficient and effective payment for goods and services received, control of creditor accounts, preparation and data entry of accounts for payment, vendor statement reconciliation, and preparation of reports as necessary.
A bookkeeper is responsible for creating and handling financial transactions, such as bank reconciliations; posting bank entries on a daily basis; contacting banks about any queries on transactions; and providing inventory support. Creating financial transactions includes posting information to accounting journals or accounting software from such source documents as invoices to customers, cash receipts, and supplier invoices.
The role is responsible for handling clerical/administrative tasks such as data entry; maintaining up-to-date files; preparing correspondences and reports; and reconciling accounts to ensure their accuracy.
Chartered certified accountants provide a wide variety of accountancy services and are responsible for developing and maintaining financial and accounting systems, which may include financial forecasting, auditing financial records, checking accounting procedures, ensuring legal compliance, and investigating financial anomalies.
Chartered accounts/chartered practising accountants produce reports and budget plans, and help to create business strategies. A chartered certified accountant’s main aim is to maximise profitability and efficiency or to ensure the value for money of the business, often assessing possibilities or opportunities to expand the business.
A payroll officer accurately processes and calculates payroll then distributes it to employees in a timely manner. This position is responsible for processing and helping to coordinate and prepare payroll in accordance with company policies, and maintains employee records while providing effective communications with all staff about payroll matters.
As a main point of contact for employees on payroll issues, this position has frequent contact with staff, managers, and external stakeholders, ensuring enquiries are addressed in a prompt and appropriate manner, and referring issues as appropriate. This role is also responsible for processing increases and calculating back pays and generating reports. The role needs someone committed to client service with a flexible ‘can-do’ attitude so they can respond to client and business needs.