Job description
An Account Executive assists the Accountant with the responsibilities of the Account department, including the preparation of the trial balance, as well as the basic and consolidated financial statements. The Account Executive takes care of accounts receivable, accounts payable, tax filing, data compilation, billing and payroll. Other responsibilities include working on fixed assets accounting; and the monthly and yearly finalisation of accounts for audit purposes. The Executive may also have to participate in ad-hoc finance-related projects.
- Assign account codes to all transactions in the accounting system
- Calculate customer/supplier account balances and reconcile with totals
- Compile the relevant business documentation used in banking processes
- Enter accurate and timely data into the accounting system
- Maintain accurate financial records and statements
- Perform month-end closing activities
- Process payroll transactions in the organization’s accounting system
- Record and process all business transactions within the organization’s accounting system using principles of double-entry accounting
- Record transactions and events relating to inventory, accruals, prepayments, capital structure and finance costs
- Record transactions and events relating to sales, purchases, receivables, payables and cash
- Retrieve system reports from the accounting system for management use
- Use relevant IT systems and tools effectively for data analysis
