Bookkeeper Needed By FRANKE KINDRED CANADA LIMITED/ FIFO INNOVATIONS

Responsibilities

Tasks

• 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

• Health care plan

Financial benefits

• As per collective agreement
• Bonus
• Registered Retirement Savings Plan (RRSP)

Advertised until

2024-04-19

Frequently asked Questions And Answers About Bookeeper Job Role

1. What does a bookkeeper do? A bookkeeper is responsible for recording and organizing financial transactions for a business. This includes tasks such as recording sales, purchases, receipts, and payments.
2. What are the key skills needed to be a bookkeeper? Key skills for a bookkeeper include proficiency in accounting software, attention to detail, strong organizational skills, numerical accuracy, and knowledge of accounting principles and regulations.
3. What software do bookkeepers typically use? Bookkeepers often use accounting software such as QuickBooks, Xero, or FreshBooks to record and manage financial transactions efficiently.
4. What is the difference between a bookkeeper and an accountant? While both bookkeepers and accountants deal with financial data, bookkeepers primarily focus on recording transactions and maintaining accurate financial records, while accountants analyze financial data, prepare financial statements, and provide strategic financial advice.
5. What types of businesses typically employ bookkeepers? Bookkeepers are employed by a wide range of businesses, including small and medium-sized enterprises (SMEs), startups, non-profit organizations, and even large corporations.
6. What are some common tasks performed by bookkeepers? Common tasks performed by bookkeepers include recording financial transactions, reconciling bank statements, generating financial reports, processing payroll, and managing accounts payable and accounts receivable.
7. What educational background is required to become a bookkeeper? While a formal education in accounting or finance can be beneficial, it is not always required to become a bookkeeper. Many bookkeepers gain experience through on-the-job training or pursue certifications such as Certified Bookkeeper (CB) or Certified Public Bookkeeper (CPB).
8. What are some challenges bookkeepers might face in their role? Challenges bookkeepers might face include staying updated on changes in accounting regulations, dealing with complex financial transactions, managing time effectively to meet deadlines, and maintaining accuracy in high-volume data entry tasks.
9. How does technology impact the role of a bookkeeper? Technology has significantly impacted the role of bookkeepers by automating many routine tasks such as data entry and bank reconciliations. This allows bookkeepers to focus more on analysis and providing valuable financial insights to businesses.
10. What opportunities for career advancement are available to bookkeepers? Bookkeepers can advance their careers by gaining additional education and certifications, such as becoming a Certified Public Accountant (CPA) or pursuing higher-level positions such as accounting manager, financial analyst, or controller. Additionally, some bookkeepers may choose to start their own bookkeeping or accounting firms.