Corporate Accountant Goals and Objectives Examples
Meet all deadlines for financial statements, reports and audits.
Analyze and interpret financial data to identify trends and patterns.
Ensure accounting records comply with generally accepted accounting principles (GAAP).
Establish and maintain positive relationships with external auditors.
Participate in budget preparation and forecasting process.
Provide accurate and timely interpretation of financial statements to management.
Prepare monthly, quarterly, and annual financial statements.
Develop and implement sound accounting policies and procedures.
Keep abreast of changes in accounting standards and communicate changes to management.
Review and analyze monthly financial statements for accuracy.
Assist in the preparation of tax returns.
Create and maintain accounting spreadsheets.
Develop and implement internal controls to ensure compliance with company policies.
Conduct account reconciliations on a regular basis.
Identify and report on variances within budget.
Monitor and analyze financial performance of departments.
Collaborate with other departments to improve financial performance.
Implement cost-saving measures across departments.
Manage accounts payable process to ensure timely payment of bills.
Monitor accounts receivable aging and follow up on overdue accounts.
Improve cash management and forecasting.
Facilitate annual audit process by preparing schedules and providing required documentation.
Prepare financial analyses for management as requested.
Provide guidance to staff on accounting-related matters.
Ensure compliance with all regulatory requirements.
Develop metrics and key performance indicators to measure financial performance.
Compile and analyze financial data to support decision-making processes.
Develop pricing strategies based on cost analysis.
Analyze revenue and expense trends to provide recommendations for improvement.
Assist with implementation of new accounting systems or software.
Foster teamwork among accounting staff.
Maintain confidentiality of sensitive financial information.
Work collaboratively with other departments to achieve company goals.
Monitor inventory levels to ensure adequate supply without excess inventory.
Negotiate contracts with vendors to ensure best pricing and terms.
Ensure that asset values are recorded accurately in accounting records.
Prepare ad-hoc reports for senior management as requested.
Develop methods for cost control and reduction.
Perform trend analyses related to expenses or revenues.
Stay current with industry trends and best practices related to accounting.
Provide training to staff on accounting rules and regulations.
Leverage technology tools to improve efficiency of accounting processes.
Monitor adherence to corporate policies related to expenses, travel, etc.
Provide assistance with budget preparation, analysis, and monitoring.
Maintain complete and accurate records of fixed assets.
Reconcile general ledger accounts to subsidiary ledgers.
Evaluate effectiveness of internal controls on a regular basis.
Research and resolve complex accounting issues.
Ensure compliance with local, state, and federal tax laws.
Participate in professional development activities to stay current on industry developments.
Develop business cases for capital expenditures or operational improvements based on financial analysis.
Foster an environment of continuous improvement within the finance department.
Develop policies and procedures related to expense management, travel approvals, etc.
Analyze accruals to ensure they are properly recorded at month-end close.
Assist with development of long-term strategic plans based on financial projections.
Identify areas of potential fraud or mismanagement of funds and take corrective action as needed.
Develop reports to support key performance indicator tracking for departments or divisions within the organization.
Work collaboratively to develop solutions to problems identified in accounting processes or systems.
Maintain effective communication with all levels of the organization regarding financial matters.
Ensure compliance with Sarbanes-Oxley Act requirements for public companies (if applicable).
Streamline processes related to closing the books each month or quarter.
Monitor compliance with loan covenants or other financial agreements with third-party lenders or creditors.
Develop policies for managing credit risk associated with customers or suppliers.
Monitor foreign currency transactions for accuracy and compliance with GAAP requirements.
Analyze lease agreements to determine appropriate accounting treatment under GAAP guidelines.
Implement or revise chart of accounts structure as needed to support business needs.
Develop performance metrics for the finance department to measure success or areas requiring improvement.
Ensure compliance with local labor laws related to payroll processing, employee benefits, etc.
Monitor progress against budgeted spending levels for various departments or projects within the organization.
Collaborate with other members of the finance team to develop forecasts based on economic trends, market conditions, or other factors affecting revenue or expenses.
Develop best practices for maintaining financial records, reporting requirements, or internal controls across multiple entities or locations within a larger organization structure (e.g., subsidiaries or regional offices).
Perform variance analyses comparing actual results to budget or prior year performance, identifying areas requiring further investigation or improvement initiatives as needed.
Streamline vendor payment processing flow including invoice verification, validation review, approval routing, payment releases, etc.
Develop data-based analyses summarizing key financial 'KPI's' points such as standard deviation from revenue/expense norms; COGS analysis; inventory management ; gross margins.
Develop scalable project costing models streamlining budgeting cycles while reducing errors.
Develop credibility amongst senior executives highlighting relevance of accounting data based insights.
Assist leadership explain implications of critical business decisions through building pro-forma simulations.
Perform simplified cost-benefit analysis using net present value analysis.
Conceptualize ideas that can potentially help the corporation adopt new innovative practices backed by relevant financing.
Lead the company's initiative in creating an integrated approach between different functions such as HR, marketing, sales which will drive both financial & non-financial KPIs.