Jobs
Bookkeeper Needed In Canada By James Luo Professional Corporation
As a Bookkeeper, you will play a vital role in maintaining accurate financial records and ensuring the smooth operation of the accounting department. You will be responsible for recording financial transactions, reconciling accounts, and producing financial reports. The ideal candidate for this role should have strong attention to detail, excellent organizational skills, and a solid understanding of accounting principles.
Job details
- Location: Calgary, AB
- Salary: 28.85 hourly / 30 to 40 hours per week
- Terms of employment Permanent employment: Full time Day
- Start date: Starts as soon as possible
- Benefits: Health benefits, Other benefits
- Vacancies 1
- Verified
Overview
Languages
English
Education
- College/CEGEP
Experience
Experience an asset
Responsibilities:
- Financial Record keeping:
- Maintain accurate and up-to-date financial records by recording all business transactions, including purchases, sales, receipts, and payments.
- Classify and categorize transactions into appropriate accounts using accounting software or manual ledgers.
- Monitor accounts payable and accounts receivable, ensuring timely processing of invoices, payments, and collections.
- Bank Reconciliation:
- Reconcile bank statements with general ledger accounts to ensure the accuracy of recorded transactions.
- Identify and resolve discrepancies or errors in bank transactions, including outstanding checks, deposits, and bank fees.
- Financial Reporting:
- Prepare financial statements, including balance sheets, income statements, and cash flow statements, on a regular basis.
- Generate financial reports for management review, providing insights into the company’s financial performance and trends.
- Payroll Processing:
- Calculate and process payroll for employees, including salary payments, tax withholdings, and deductions.
- Ensure compliance with payroll regulations and laws, including filing payroll taxes and issuing annual tax forms (e.g., W-2s).
- Tax Preparation:
- Assist in the preparation of tax returns and supporting documentation for income taxes, sales taxes, and other regulatory filings.
- Collaborate with external accountants or tax advisors to ensure accurate and timely submission of tax returns.
- Financial Analysis:
- Analyze financial data to identify trends, variances, and areas for improvement in financial performance.
- Provide financial insights and recommendations to management based on analysis of key performance indicators (KPIs) and financial metrics.
- Compliance and Auditing:
- Maintain compliance with accounting principles, industry standards, and regulatory requirements.
- Assist in internal and external audits by providing supporting documentation and explanations of financial transactions.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field is preferred.
- Proven experience working as a bookkeeper or in a similar role, with a strong understanding of accounting principles and practices.
- Proficiency in accounting software such as QuickBooks, Xero, or Sage, as well as Microsoft Excel.
- Strong analytical skills and attention to detail, with the ability to identify and resolve discrepancies.
- Excellent organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
- Knowledge of payroll processing, tax regulations, and financial reporting requirements.
- Effective communication skills, both verbal and written, with the ability to interact professionally with colleagues, clients, and vendors.
Tasks
- Calculate and prepare cheques for payroll
- Calculate fixed assets and depreciation
- Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems
- Maintain general ledgers and financial statements
- Post journal entries
- Prepare other statistical, financial and accounting reports
- Prepare tax returns
- Prepare trial balance of books
- Reconcile accounts
Benefits
Health benefits
- Dental plan
- Health care plan
- Vision care benefits
Other benefits
- Free parking available
Who can apply to this job?
The employer accepts applications from:
- Canadian citizens and permanent or temporary residents of Canada.
- Other candidates with or without a valid Canadian work permit.
How to apply
By email
jobs.jamesluo@outlook.com
Advertised until
2024-05-15
1. What does a bookkeeper do?
Bookkeepers are responsible for recording financial transactions, including purchases, sales, receipts, and payments, into the appropriate accounting software or ledger. They ensure that all financial records are accurate, up-to-date, and compliant with relevant regulations.
2. What skills are required to become a bookkeeper?
Key skills for bookkeepers include proficiency in accounting software such as QuickBooks or Xero, attention to detail, strong organizational skills, and the ability to analyze financial data accurately. Excellent communication skills and a solid understanding of basic accounting principles are also essential.
3. What is the difference between a bookkeeper and an accountant?
While both bookkeepers and accountants work with financial data, there are significant differences in their roles and responsibilities. Bookkeepers focus on recording financial transactions and maintaining accurate records, while accountants analyze financial data, prepare financial statements, and provide strategic financial advice to businesses.
4. Do bookkeepers need formal education or certification?
While a degree in accounting or finance can be beneficial, formal education is not always required to become a bookkeeper. Many bookkeepers gain the necessary skills through on-the-job training, vocational courses, or certification programs offered by professional organizations such as the American Institute of Professional Bookkeepers (AIPB) or the National Association of Certified Public Bookkeepers (NACPB).
5. What types of businesses hire bookkeepers?
Bookkeepers are employed by businesses of all sizes and across various industries, including retail, hospitality, healthcare, manufacturing, and professional services. They may work in-house as part of a finance team or as independent contractors providing bookkeeping services to multiple clients.
6. How do bookkeepers ensure accuracy in financial records?
Bookkeepers use double-entry bookkeeping, a system that records each financial transaction twice, once as a debit and once as a credit, to maintain accuracy in financial records. They reconcile accounts regularly, compare financial data against bank statements, and address any discrepancies promptly to ensure accuracy.
7. Can bookkeepers help with tax preparation?
While bookkeepers are not typically responsible for preparing tax returns, they play a crucial role in organizing and maintaining financial records that are essential for tax preparation. They may work closely with accountants or tax professionals to ensure that all relevant financial data is accurate and accessible during the tax filing process.
8. What are the benefits of hiring a bookkeeper for a business?
Hiring a bookkeeper can help businesses save time, reduce errors in financial reporting, and ensure compliance with tax laws and regulations. Bookkeepers provide valuable insights into the financial health of a business, allowing owners and managers to make informed decisions and plan for the future.
9. How can businesses find a qualified bookkeeper?
Businesses can find qualified bookkeepers through referrals from other business owners, professional organizations such as the AIPB or NACPB, or online platforms that connect businesses with freelance bookkeepers. It’s essential to interview potential candidates and verify their qualifications and experience before making a hiring decision.
10. What career opportunities are available for bookkeepers?
Bookkeepers may advance their careers by pursuing additional education or certifications, such as becoming a Certified Bookkeeper (CB) or Certified Public Bookkeeper (CPB). They may also specialize in areas such as payroll administration, accounts receivable/payable, or tax preparation, or eventually transition into roles such as accounting manager or financial analyst.
