The Accounting Associate is responsible for supporting and executing the company’s full-cycle accounting operations. This role ensures accurate recording of financial transactions, timely processing of payables and receivables, proper documentation, and compliance with company policies and regulatory requirements. The Accounting Associate plays a key role in maintaining accurate financial records and supporting the month-end and year-end closing processes.
● Record daily financial transactions in the accounting system.
● Prepare and post journal entries, including accruals and adjustments.
● Maintain and reconcile general ledger accounts.
● Assist in monthly, quarterly, and annual closing activities.
● Prepare supporting schedules and documentation for financial reports.
● Ensure proper classification of expenses and revenues.
● Maintain accurate subsidiary ledgers and reconcile them to the general ledger.
● Process vendor invoices and ensure proper documentation and approvals.
● Prepare payment vouchers and coordinate scheduled disbursements.
● Monitor accounts payable aging and ensure timely payments.
● Reconcile vendor statements and resolve discrepancies.
● Maintain updated vendor files and records.
● Prepare and issue customer invoices accurately and on time.
● Record collections and apply payments to customer accounts.
● Monitor accounts receivable aging and follow up on overdue accounts.
● Reconcile customer accounts and resolve billing issues.
● Assist in revenue recognition processes in accordance with accounting standards.
● Perform monthly bank reconciliations.
● Monitor daily cash transactions and report discrepancies.
● Record fund transfers and other treasury-related transactions.
● Assist in monitoring cash flow and preparing cash reports.
● Assist in payroll preparation and verification of timesheets.
● Ensure proper recording of payroll-related entries.
● Maintain payroll documentation and records.
● Support compliance with payroll tax and statutory requirements.
● Assist in preparation of tax filings (e.g., VAT, withholding tax, etc.).
● Prepare schedules and supporting documents for tax reporting.
● Ensure compliance with company policies and regulatory requirements.
● Support internal and external audit requirements.
● Maintain organized and complete accounting files and records.
● Ensure proper documentation for all financial transactions.
● Safeguard confidential financial information.
● Assist in updating accounting procedures and documentation.
● Identify process gaps and recommend improvements.
● Ensure accurate data entry into accounting systems.
● Support ERP/accounting system updates and testing.
● Assist in implementing internal control procedures.
● Bachelor’s Degree in Accounting, Finance, or related field
● 1–3 years of accounting or bookkeeping experience preferred
● Knowledge of basic accounting principles and financial reporting
● Proficiency in MS Excel and accounting software/ERP systems
● Strong attention to detail and organizational skills
● Good communication and time management skills
● Ability to work independently and meet deadlines