- Develop and implement internal controls to mitigate risk and fraud.
- Perform periodic review of financial performance compared to budgeted amounts.
- Evaluate existing accounting systems and recommend improvements to management.
- Coordinate the month-end close process to ensure timely and accurate reporting.
- Perform cost-benefit analysis on proposed projects or initiatives.
Performance Goals and Objectives Examples
- Monitor cash flow and ensure that the company has adequate funds to meet its obligations.
- Identify opportunities for process improvements in the accounting department.
- Prepare monthly reports for management regarding key performance indicators.
- Process payroll accurately and on time.
- Assist with the creation of financial models and projections.
- Develop financial forecasts and projections.
- Assist in special projects as needed.
- Manage the fixed asset tracking system.
- Respond to inquiries from senior management.
- Monitor cash flow and manage treasury functions.
- Monitor cash flow.
- Assist with payroll processing.
- Analyze variances and trends.
- Assist with forecasting and planning.
- Develop and maintain strong relationships with clients.
- Identify opportunities for process improvements within accounts payable.
- Train new team members on accounts payable processes and procedures.
- Maintain accurate vendor master data, including contact information and payment terms.
- Work closely with other departments such as procurement and finance to ensure alignment.
- Verify accuracy of sales tax charged by vendors.
- Develop and maintain relationships with vendors.
- Implement process improvements to increase efficiency and accuracy.
- Prepare accruals and adjustments for month-end close.
- Stay up-to-date with changes in accounting standards and regulations.
- Train new employees on accounts payable processes and procedures.
- Develop and maintain accounts payable policies and procedures.
- Collaborate with other departments to support financial reporting.
- Reconcile vendor statements to ensure accuracy.
- Manage the accounts payable aging report.
- Develop and maintain metrics to measure performance.
- Analyze data and provide reports as needed.
- Comply with tax regulations related to vendor payments.
- Provide support for ad hoc projects as needed.
- Assist with processing employee reimbursements.
- Review invoices for appropriate approval and coding prior to payment.
- Monitor cash flow and make recommendations for improvement.
- Manage petty cash disbursements.
- Review contracts and purchase orders for payment terms.
- Participate in training programs to improve skills and knowledge.
- Ensure compliance with company policies and procedures.
- Maintain clean vendor records with complete documentation.
- Assist in the resolution of any accounting discrepancies.
- Stay up-to-date with current regulations and laws related to accounts payable.
- Strive to reduce paper usage by transitioning to digital documents whenever possible.
- Maintain accurate records of invoices processed.