Bookkeeper CDN

Key Responsibilities and Duties:Financial Record Management:· Maintain accurate and up-to-date financial records.· Record daily financial transactions, including income, expenses, and other financial activities.· Reconcile bank statements and ledger accounts regularly. Financial Reporting:· Prepare financial statements, such as balance sheets, income statements, and cash flow statements.· Generate periodic reports for management to assist in decision-making.· Present financial insights and recommendations to stakeholders. Budgeting and Forecasting:· Assist in creating budgets and financial forecasts.· Monitor actual performance against budgets and suggest adjustments as needed.· Identify cost-saving opportunities and financial risks.· Compliance and Auditing:· Ensure compliance with local, provincial, and federal financial regulations.· Prepare and submit tax filings, such as GST, income tax, or corporate tax returns.· Support internal and external audits by providing necessary documentation and explanations. Accounts Payable and Receivable:· Manage invoicing, payments, and collections processes.· Track outstanding receivables and follow up with clients or vendors as needed.· Process vendor payments and employee reimbursements. Financial Analysis:· Analyze financial data to identify trends, variances, and performance metrics.· Provide insights to improve financial efficiency and profitability.· Evaluate the financial impact of business decisions or potential investments.