Accounting Analyst Goals and Objectives Examples
Process and analyze financial statements accurately.
Ensure compliance with accounting policies and procedures.
Review and approve journal entries in a timely manner.
Reconcile balance sheet accounts on a regular basis.
Prepare and maintain accurate schedules for audit purposes.
Develop and maintain relationships with internal stakeholders.
Collaborate with other departments to achieve company goals.
Analyze monthly financial results and provide explanations for variances.
Perform cost analysis to identify potential savings opportunities.
Monitor accounts payable and accounts receivable to ensure timely payments.
Assist in the development of budgets and forecasts.
Provide support for tax compliance activities.
Implement process improvements to increase efficiency and accuracy.
Review contracts to ensure compliance with accounting standards.
Maintain fixed asset records and perform periodic reconciliations.
Create financial reports for management and external stakeholders.
Conduct ad hoc analysis as requested by management.
Actively participate in cross-functional teams to achieve business objectives.
Develop and implement internal controls to mitigate risk.
Support the monthly close process by preparing necessary accruals and adjustments.
Monitor inventory levels and reconcile any discrepancies.
Ensure accuracy of intercompany transactions between entities.
Participate in system implementations and upgrades.
Research and apply accounting pronouncements relevant to the business.
Provide guidance and support to junior team members.
Continuously improve understanding of accounting principles and regulatory requirements.
Assist in the preparation of board presentations and other external reporting requirements.
Manage cash flow by forecasting and monitoring daily balances.
Analyze customer profitability to identify areas for improvement.
Develop and maintain effective relationships with external auditors.
Monitor foreign currency exposure and hedge accordingly.
Prepare schedules for quarterly earnings releases and investor relations activities.
Optimizing revenue recognition processes to ensure compliance with accounting standards.
Conduct financial modeling and scenario analysis to support decision-making.
Review and analyze monthly expense reports submitted by employees.
Ensure timely and accurate invoicing to customers.
Develop and maintain policies for expense reimbursement.
Assist in the preparation of financial statements for SEC reporting purposes.
Manage the fixed asset process, including capitalization and depreciation schedules.
Provide support for the annual budgeting process.
Perform due diligence on potential acquisitions and divestitures.
Collaborate with other departments to implement changes resulting from M&A activity.
Monitor performance against budget and provide variance analysis.
Provide training to non-financial managers on accounting principles and practices.
Review contracts with vendors and customers to ensure compliance with company policies.
Maintain compliance with SOX requirements.
Participate in the development of pricing strategies to maximize profitability.
Monitor receivables aging and take appropriate action to mitigate risks.
Develop and maintain effective relationships with banks and other financial institutions.
Maintain the company's chart of accounts.
Review lease agreements and ensure compliance with accounting standards.
Support due diligence efforts for financing transactions.
Develop and maintain a system of internal controls over financial reporting.
Prepare and distribute daily, weekly, monthly, and quarterly reports as required.
Monitor compliance with revenue recognition policies and procedures.
Continuously improve processes to increase efficiency and accuracy.
Participate in ERP system upgrades and enhancements.
Maintain confidentiality of sensitive financial information.
Provide support for litigation matters, including document production and analysis.
Assist in the preparation of cash flow projections.
Analyze sales data to identify trends and opportunities for growth.
Research and recommend new software tools to enhance the accounting function.
Collaborate with external auditors to ensure timely completion of the audit.
Develop and maintain accounting policies and procedures manuals.
Monitor compliance with internal policies and procedures.
Provide support for due diligence efforts related to equity investments.
Prepare schedules and analyses for tax returns.
Provide support for regulatory compliance activities.
Develop and maintain effective relationships with key vendors.
Manage the accruals process to ensure all expenses are recorded in the proper period.
Analyze the financial impact of potential business decisions.
Maintain an understanding of industry trends and their impact on the business.
Assist with the implementation of new accounting standards.
Provide support for internal and external audits.
Review compliance with loan covenants and recommend appropriate actions.
Ensure vendor invoices are properly coded and recorded in the general ledger.
Participate in meetings with departmental managers to discuss financial results.
Monitor compliance with state and local tax requirements.
Develop and maintain relationships with insurance providers to manage risk.
Prepare schedules for year-end financial statement audits.