Functional and job responsibilities of an accountant

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

An accountant is a specialist whose duty is to keep documentary economic and financial records in an enterprise. In his work, the accountant strictly follows the established regulations of the current legislation.

The main areas of accounting include: fixed assets, wages, cash, foreign exchange and warehouse.

In addition, many large enterprises have a whole staff of highly qualified accountants, each of which is engaged in a certain type of activity, while each accountant has his own job responsibilities:

• accounting;
• reception and control of all primary documentation;
• payroll;
• carrying out operations that are associated with the movement of cash and fixed assets, as well as various commodity and material assets;
• deduction of cashfunds to insurance, tax, union or pension funds.

Functional duties of an accountant:

• ability to handle large cash flows;
• knowledge of the tax and labor code;
• work in special accounting programs;
• compulsory knowledge of the basics of statistics, economics and mathematics.

A qualified accountant who is well versed in all types of accounting and, accordingly, tax legislation is an indispensable worker in an enterprise. After some time, such professionals rightfully occupy the position of chief accountant. But as a result, the responsibility of the accountant also increases.

Responsibilities of an accountant

The duties of an accountant include:

• accounting at the enterprise;
• participation in the development and further activities directly aimed at the rational and proper use of resources;
• reception and control of primary documentation;
• reflecting on the accounts of transactions related to the constant movement of cash and fixed assets, goods and materials;
• calculation and further transfer of taxes and other fees to the local and federal budgets, various payments to banking institutions, insurance premiums to off-budget state funds, payroll and more;
• providing investors, creditors, managers, auditors with reliable accountingreporting.

In addition, the job responsibilities of an accountant include: developing a working chart of accounts; participation in the implementation of the economic analysis of the financial and economic activities of the organization; ensuring the safety of documents; formation, accumulation and maintenance of a database on the organization's accounting; execution of individual instructions of the head.

Responsibilities of a material accountant

Depending on the direction of accounting activities, accountants in the enterprise can carry out a certain type of activity, so they have their own responsibilities. The duties of the accountant on materials include conducting documentary audits of the economic activities of the organization for the accounting of the property available at the enterprise, timely registration of the results of the audit, providing the necessary recommendations to facility managers to eliminate the causes of deficiencies and violations found, monitoring the accuracy of accounting for fixed and material assets, registration of income and expenditure documents, advance reports and more.

The accountant bears financial responsibility to the employer organization, as well as to state and non-state control bodies.