Accounting Administrator Goals and Objectives Examples
Ensure accurate and timely processing of accounts payable transactions.
Maintain up-to-date and accurate financial records.
Reconcile financial statements on a monthly basis.
Assist with the preparation of annual budgets.
Respond to vendor and customer inquiries in a timely manner.
Maintain knowledge of accounting principles and regulations.
Prepare and submit tax filings on time.
Work with external auditors during annual audits.
Monitor cash flow and manage bank accounts.
Manage fixed asset register and reconcile it monthly.
Review and approve employee expense claims.
Create and analyze financial reports and provide recommendations.
Ensure compliance with company policies and procedures.
Develop and implement efficient accounting processes.
Controlling costs within the accounting department.
Preparing financial reports for management review.
Ensuring that all accounting deadlines are met on time.
Managing various schedules such as depreciation schedules, fixed asset schedules, amortization schedules etc.
Ensuring that accounting systems are set up correctly and accurately reflect the organization's financial situation.
Leading the development and implementation of process improvements within the accounting department.
Reviewing account reconciliations to ensure accuracy and identifying discrepancies to be corrected.
Ensure proper communication between accounting and other departments within the company.
Establish and maintain relationships with clients, vendors, and other stakeholders.
Provide guidance to less experienced accounting staff members when necessary.
Maintaining and updating accounting policies and procedures as necessary.
Assisting in the preparation of financial statements in accordance with GAAP.
Preparing audit work papers as required by external auditors.
Monitoring and enforcing internal controls over financial reporting.
Monitoring inventory levels and ensuring accuracy of inventory counts.
Ensuring compliance with all applicable tax laws and regulations.
Coordinating year-end closing activities and ensuring that all financial data is accurate and complete.
Preparing budgets and forecasting future financial results.
Coordinating with other departments to ensure timely and accurate processing of financial information.
Participating in financial planning and analysis activities.
Conducting variance analysis on monthly financial statements.
Ensuring all billing is completed accurately and timely.
Verifying the accuracy of payroll and benefits administration.
Maintaining an efficient filing system for accounting and tax documents.
Preparing account reconciliations for all balance sheet accounts.
Providing timely and accurate financial reporting on a regular basis to management.
Reviewing and approving journal entries entered by staff members.
Ensuring that all transactions are recorded accurately in the accounting system.
Fostering a positive work environment for the accounting team.
Identifying opportunities for process improvement within the accounting function.
Collaborating with other departments to streamline processes and solve problems.
Assisting with the implementation of new accounting software.
Conducting research on accounting issues and providing recommendations to management.
Preparing audit schedules and supporting documentation for external auditors.
Ensuring that financial statements are prepared in accordance with GAAP and other relevant regulations.
Reviewing contracts and agreements to ensure compliance with accounting standards.
Creating and monitoring departmental budget.
Reconciling balance sheets, income statements, and cash flow statements.
Developing, implementing, and monitoring internal control procedures.
Coordinating with external service providers such as consultants and auditors.
Ensuring that all financial data is secure and confidential.
Providing training to staff members on accounting policies and procedures.
Performing ad-hoc analysis and reports as requested by management.
Managing petty cash funds, including reconciliation and replenishment.
Reviewing and correcting discrepancies in accounting records.
Performing account analysis and reconciliations to ensure accuracy and completeness.
Ensuring that all financial transactions are properly recorded in the accounting system.
Monitoring accounts receivable aging and collections efforts.
Preparing monthly, quarterly and yearly financial statements.
Ensuring compliance with all internal accounting policies and procedures.
Supporting management in decision-making by providing financial information and analysis.
Maintaining accurate records of all fixed asset acquisitions and disposals.
Coordinating with external auditors to facilitate annual audits.
Maintaining accurate records of vendor contracts and payments.
Allocating expenses to appropriate cost centers or departments.
Identifying process inefficiencies and recommending improvements.
Understanding and complying with state and federal tax laws.
Processing payments to vendors and employees on time.
Analyzing financial data and identifying trends and patterns.
Developing and reviewing accounting policies and procedures on a regular basis.
Providing oversight for all accounting activities within the organization.
Coordinating with other departments to ensure timely and accurate financial reporting.
Ensuring that financial records are kept in accordance with generally accepted accounting principles.
Establishing and maintaining relationships with banks, auditors, and other stakeholders.
Resolving accounting discrepancies and errors promptly.
Participating in special projects as needed.