Staff Accountant

A Staff Accountant plays a critical role in supporting an organization’s financial operations by handling daily accounting tasks, ensuring compliance with regulations, and aiding in financial decision-making. Below is an overview of the standard responsibilities, qualifications, and skills typically associated with this role:

1. General Ledger Maintenance

• Prepare and record journal entries.
• Reconcile accounts, including bank statements, and update ledgers to ensure accurate financial records.
• (Source: SG25 US Finance and Accounting)*

1. Financial Reporting

• Assist in preparing financial statements such as balance sheets, income statements, and cash flow statements.
• Ensure compliance with GAAP and other regulatory accounting standards.
• (Source: SG25 US Finance and Accounting)*

1. Accounts Payable & Receivable Support

• Process invoices, verify and reconcile account balances, and maintain vendor and client records.
• Ensure timely payments and collections as needed.
• (Source: SG25-TREND 6)*

1. Budgeting and Forecasting

• Support budgeting and forecasting activities, providing data for decision-making and variance analysis.
• (Source: SG25 US Finance and Accounting)*

1. Audit and Compliance Activities

• Assist with internal and external audits by preparing necessary financial documentation.
• Ensure compliance with company policies and regulations.
• (Source: SG25 US Finance and Accounting)*

1. ERP and Financial Systems

• Utilize accounting systems (e.g., ERP software) to manage and extract financial data.
• (Source: SG25-TREND 5)*

• Education: A bachelor’s degree in accounting, finance, or a related field.
• (Source: SG25 US Finance and Accounting)
• Experience: Previous experience in accounting or bookkeeping (1-3 years typically preferred).
• Certifications (Preferred): CPA (Certified Public Accountant) or working towards this certification.
• (Source: SG25-TREND 6)

1. Technical Skills:

• Proficiency in ERP systems (e.g., SAP, Oracle).
• Advanced Microsoft Excel proficiency (e.g., pivot tables, macros).
• (Source: SG25-TREND 5)*

1. Analytical and Detail-Oriented:

• Strong problem-solving abilities.
• High attention to detail to ensure financial accuracy.

1. Communication and Interpersonal Skills:

• Ability to explain financial data and processes to non-finance stakeholders.

1. Knowledge of Accounting Principles:

• In-depth knowledge of GAAP and other financial guidelines.