Compest Solutions - Chartered Accountant

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Daily:

- Cash management - go online to various banks to reconcile balances daily.

- In Oracle, Cash Management module, clear all checks and debits transactions that have posted for the day.

Weekly:

- Weekly Oracle run

- Submit wire transfers to Wells Fargo and Bank of America as needed.

- Update journal entries for payroll accruals and reversals and upload to Oracle.

- Prepare weekly Financial Statement package.

Bi-weekly:

- Prepare payroll for processing by ADP. This includes updating an excel spreadsheet for verification of totals and importing files from HR to ADP for salaried and non-exempt employees.

- Process, garnishments, loans, commissions, bonuses, contract employees, and any other payroll changes.

- Prepare all payroll related journal entries.

- Prepare the 401k funding request and wire transfer.

- Update 401k yearly reconciliation spreadsheet.

- Copy and distribute payroll information to H.R. and others as necessary.

Monthly:

- Reconcile bank accounts.

- Update journal entry for, deferred revenue, accrued liabilities, accrued contract labor expense, prepayments, and depreciation amortization as needed and upload to Oracle.

- Research and Reconcile Fixed Assets additions each month. Reverse monthly accrual as needed.

- Reverse monthly accruals in Oracle.

- Upload deferred revenue entries for US in Oracle

- Prepare Intercompany schedule for all locations and perform all eliminating journal entries

- Prepare P&L by Business Unit

- Reconcile schedule

- Review and update accrued prepaid accounts as needed from additions/deletions.

- Balance Payroll to Oracle General Ledger.

- Process Patent and New Idea submissions for payroll.

Annually:

- Prepare schedules for auditors: Prepaids and accruals, fixed asset listing with additions and disposals, and reconciliation of payroll to G/L.

- Annual audit of fixed assets.

- Prepare schedules for tax which include state apportionment of payroll, fixed assets, and inventory.

- Run vacation balances out of ADP during the 1st week of the new year for the accrued vacation liability $$ which is only updated once a year (HRB/ADP system updates weekly vacation accruals each Saturday so it is important to run during the 1st week).

- Send notices to the banks for Bank Statement cut off dates for next year by the end of each October.

- Prepare CA sales tax report.

- Prepare Gwinnett County property tax report.

- Prepare forms 1099 and 1096.

- Prepare annual Workers Comp Estimates and Audit, when received from Human Resources.

- Adhoc reports as required.

- Audit closure with the auditors

Technology & Tools used in this position: Accounting Software, Oracle preferred, Payroll/HR Software - ADP, MS Office Suite, On-line Banking services

Skills :

- Time Management - Managing one's own time and the time of others.

- Instructing - Teaching others how to do something.

- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.

- Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

- Monitoring - Monitoring/Assessing performance of yourself, or organizations to make improvements or take corrective action.

- Service Orientation - Actively looking for ways to help people.

- Mathematics - Using mathematics to solve problems.

- Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.

- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.