Bookkeeper

Bookkeeper is responsible for recording and maintaining a business’ financial transactions, such as purchases, expenses, sales revenue, invoices, and payments. The Bookkeeper will record financial data into general ledgers, which are used to produce the balance sheet and income statement. The bookkeeper is generally responsible for overseeing the first six steps of the Accounting Cycle, while the last two are typically taken care of by an accountant. While there is a general overlap between the two professions, there are a few distinctions that are later discussed in this article.Bookkeeper Job DescriptionBeing consistent, accurate, and minimizing errors are key characteristics that employers are seeking for this position. It is indispensable to have a knowledge of accounting and to understand how to use accounting software systems. In larger businesses, a bookkeeper is responsible for overseeing and reconciling hundreds of financial transactions. This is typically done with the assistance of various software systems, and for this reason, technology literacy is incredibly valuable for the profession. A few other relevant skills and job duties would include the following: Relevant skills and knowledgeBasic accounting knowledgeUnderstanding accounting best practicesKnowledge of IFRS, U.S GAAP or another accounting frameworkData entry skillsHigh attention to detailProficiency in Microsoft ExcelProduce work with a high level of accuracyProfessionalism and organization skillsAssociates degree or at least one year of experienceKnowledge of XERO, Quickbooks, Zoho, Fresh Books or other applications