Senior Accountant Job Description Template
We are looking for a detail-oriented senior accountant to perform and coordinate accounting duties within our organization. The senior accountant’s responsibilities include preparing financial reports, performing account reconciliations, maintaining the general ledger, preparing tax returns, assisting with audit preparations, and performing other accounting duties as assigned.
To be successful as a senior accountant, you should have a solid working knowledge of Generally Accepted Accounting Principles (GAAP) and strong financial analysis skills. An outstanding senior accountant should also possess strong Excel skills, be detail-oriented, highly organized, and able to work with little to no supervision and perform under pressure.
Senior Accountant Responsibilities:
- Coordinating accounting functions and programs.
- Preparing financial analyses and reports.
- Preparing revenue projections and forecasting expenditure.
- Assisting with preparing and monitoring budgets.
- Maintaining and reconciling balance sheet and general ledger accounts.
- Assisting with annual audit preparations.
- Investigating and resolving audit findings, account discrepancies, and issues of non-compliance.
- Preparing federal, state, local, and special tax returns.
- Contributing to the development of new or amended accounting systems, programs, and procedures.
- Performing other accounting duties and supporting junior staff as required or assigned.
Senior Accountant Requirements:
- Bachelor’s degree in accounting or finance required.
- 3+ years of accounting experience.
- Working knowledge of tax laws and GST.
- Strong financial analysis skills.
- Strong communication skills, both written and verbal.
- Strong organizational and stress management skills.
- Proficiency in Microsoft Office, particularly with Excel.
- Ability to train and manage staff.
- Ability to work with little to no supervision.
FAQ's
- Senior accountants are responsible for overseeing financial activities within an organization. This includes preparing financial statements, analyzing financial data, ensuring compliance with regulations, and providing guidance to junior staff.
- Key skills include a strong understanding of accounting principles, financial analysis, attention to detail, leadership abilities, proficiency in accounting software, and effective communication.
- Senior accountants often advance to supervisory or managerial roles, such as accounting manager or controller. Some may pursue executive roles like Chief Financial Officer (CFO).
- Effective communication, leadership, problem-solving, and the ability to work collaboratively with cross-functional teams are essential soft skills for senior accountants.