Accountant Level 1

GENERAL JOB SUMMARY

Develops, implements and/or maintains one or more accounting systems: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, Manufacturing, etc. Reviews and interprets financial reporting requirements, rules and regulations. Balances books and prepares profit and loss, cash flow, income and balance sheet statements. Monitors and develops monthly reports of revenues and expenditures for projects. Provides record of assets, liabilities and other financial transactions. May prepare federal, state and local reports and tax schedules. May assist in the setup of processes and procedures that properly capture, track and report revenue, including deferred revenue, in accordance with the company revenue recognition policy. May generate revenue reports for internal and/or external use. May interpret reports and records for managers/stakeholders. May be involved in reviewing, tracking and maintaining billing information in the financial systems, ensuring accuracy and compliance with US GAAP and other accounting regulations.

ESSENTIAL JOB FUNCTIONS

• Learns to use professional concepts.
• Affirms knowledge and basic problem-solving techniques to define and resolve problems.
• Determines a course of action based on guidelines.
• Works on problems of limited scope.
• Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained.
• Works on problems of limited scope.
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