General Ledger Accountant Goals and Objectives Examples
Accurately reconcile general ledger accounts monthly.
Ensure accuracy and completeness of journal entries and supporting documentation.
Continuously monitor cash flow and maintain cash balances.
Process accounts payable transactions accurately and timely.
Prepare and file sales and use tax returns.
Timely and accurate processing of expense reports.
Analyze financial data, identify trends, and make recommendations for corrective action.
Ensure compliance with internal controls and external regulations.
Accurately record fixed asset purchases and disposals.
Assist in the preparation of annual budgets.
Prepare monthly financial statements.
Participate in audit activities by providing necessary documentation and explanation.
Develop and maintain relationships with vendors.
Respond to vendor inquiries related to payments and invoices.
Work effectively with cross-functional teams to improve processes.
Ensure timely month-end close activities are completed.
Reconcile intercompany accounts regularly.
Provide support for ad-hoc requests from management.
Maintain accurate records of prepaid expenses.
Ensure proper accruals are made for expenses not yet paid.
Identify opportunities for process improvements and efficiencies.
Complete special projects as assigned.
Perform balance sheet reconciliations on a monthly basis.
Review and analyze revenue transactions to ensure accuracy.
Monitor accounts receivable aging report to identify delinquent accounts.
Prepare trending analysis for operational reports on a regular basis.
Maintain adequate supporting documentation for all transactions.
Keep up to date with accounting standards and changes in regulations.
Ensure all general ledger accounts are reconciled to subsidiary ledgers.
Ensure compliance with GAAP principles and company policies.
Monitor bank account balances and resolve any discrepancies.
Assist with forecasting cash flow requirements.
Prepare financial forecasts and projections for management review.
Maintain accuracy of the chart of accounts.
Analyze variances between actual results and budgeted amounts.
Ensure compliance with SOX regulations in financial reporting processes.
Collaborate with external auditors during year-end audits.
Investigate and resolve any discrepancies or errors in financial transactions.
Develop and maintain detailed documentation on financial processes and procedures.
Monitor compliance with internal controls to prevent fraud or financial mistakes.
Develop training materials for new hires related to accounting policies and procedures.
Perform due diligence on prospective vendors or suppliers.
Maintain inventory records accurately in the general ledger system.
Report any unusual or non-routine transactions to management for review.
Assist with implementing new accounting software or systems.
Respond to inquiries from stakeholders regarding financial information or status updates.
Maintain confidentiality of sensitive financial information at all times.
Assist with annual budget planning process by providing insight into historical data trends.
Review expense reports for accuracy and adherence to company policies.
Monitor payroll transactions for accuracy and compliance with payroll regulations.
Maintain a system of checks and balances to prevent fraudulent activities in accounting processes.
Monitor compliance with lease agreements for leased assets.
Maintain accurate records related to employee benefits programs.
Create ad-hoc financial reports as requested by management.
Document findings from internal audits and provide recommendations for improvement.
Prepare monthly analytical reports on key performance indicators (KPIs) .
Provide financial analysis support to other departments as needed.
Review trial balances for accuracy and completeness.
Assist with the development of policies related to inventory management.
Maintain accurate records of employee time off accruals.
Create forecasts for future business plans based on historical data.
Collaborate with IT department to ensure general ledger system is functioning properly.
Provide input into hiring decisions for accounting personnel.
Monitor compliance with local, state, and federal tax laws.
Assist with the preparation of tax returns.
Ensure timely payment of invoices.
Assist with the preparation of financial reports for board meetings.
Stay up-to-date on industry trends and best practices in accounting.
Provide analysis and insights into financial data to help guide decisions at all levels within the organization.
Perform variance analysis of actual vs budgeted amounts in order to identify opportunities for improvement.
Prepare necessary documentation for year-end financial statement audits.
Analyze cost accounting data, identify trends, make recommendations for corrective action.
Maintain accurate records related to accounts receivable aging schedule.
Participate in the implementation of new accounting information systems or upgrades to existing systems.
Develop or improve existing internal control processes to ensure regulatory compliance.
Collaborate with other business units to ensure effective communication and efficient processes.
Prepare loan covenant calculations, including debt service coverage ratios, leverage ratios, etc.
Assist with developing financial models for evaluating potential investments.
Perform risk assessments on various business units within the organization, identifying weaknesses, recommending remediation plans where necessary.
Develop ad-hoc reporting dashboards for senior leadership on key metrics that drive business objectives.