What can you expect from working as a Bookkeeper?

A bookkeeper is responsible for maintaining accurate financial records for a business. Key duties typically include:

1. Recording Transactions: Entering financial transactions into accounting software or ledgers, including sales, purchases, receipts, and payments.
2. Reconciling Accounts: Comparing and reconciling bank statements with the company’s records to ensure accuracy.
3. Managing Accounts Payable and Receivable: Tracking and managing bills and payments owed by the business, as well as invoicing clients and following up on overdue accounts.
4. Maintaining General Ledger: Keeping the general ledger up-to-date, which includes recording all financial transactions and ensuring that accounts balance.
5. Preparing Financial Statements: Generating reports such as balance sheets, income statements, and cash flow statements for internal use and financial analysis.
6. Handling Payroll: Calculating and processing employee wages, ensuring tax deductions are correct, and managing payroll records.
7. Monitoring Financial Transactions: Ensuring compliance with financial regulations and internal policies, and investigating any discrepancies.
8. Assisting with Budgeting: Supporting the preparation and monitoring of budgets to ensure financial targets are met.
9. Filing and Documentation: Organising and maintaining financial documents and records, including receipts, invoices, and bank statements.
10. Tax Preparation: Assisting with tax preparation by providing necessary documentation and ensuring tax compliance.