Job Description

Job Description:

We are seeking an experienced Bookkeeper to join our team and support our financial operations. The ideal candidate will have a strong background in accounting and bookkeeping, with excellent attention to detail and organizational skills.

Hours: 30 hours per week 

 Responsibilities:

key tasks involved in bookkeeping:

Recording Transactions:

• Use modern software tools like QuickBooks, FreshBooks, and Xero. Enter transactions electronically, making it easier to organize and retrieve data.

Journal Entries:

• Maintain detailed records of individual transactions. For instance, when a sale occurs, a journal entry is made to record the revenue and any related expenses.
• Regularly compare your records (such as bank statements) with your bookkeeping entries to ensure accuracy.
•  Match your bank transactions with your records to identify any discrepancies.
•  Verify outstanding invoices and payments.

Trial Balance:

• Prepare a trial balance by listing all accounts and their balances (debits and credits).
• This helps identify any errors before creating financial statements.

General Ledgers:

• Maintain a general ledger for each account (e.g., cash, accounts payable, accounts receivable).
• Record all transactions related to that account.

Financial Statements:

•  Summarize revenues, expenses, and profits over a specific period.
•  Show assets, liabilities, and equity at a specific point in time.
•  Track cash inflows and outflows.
• Calculate and prepare cheques for various purposes, such as paying employees, vendors, or tax bills.

Tax Compliance:

• Complete and submit tax remittance forms, workers’ compensation forms, pension contribution forms, and other government documents.
• Prepare and file tax returns accurately and on time.

Other Reports:

• Generate statistical reports (e.g., sales trends, inventory levels).
• Create financial reports for management or stakeholders.