What are the typical activities expected to be handled by the Financial Accounting Specialist in the outsourcing firm?
• Entering data regarding taxes, sales, profits, bills payable and other transactions in a timely fashion. • Preparing and paying local, state or federal tax returns for large corporations or preparing and discussing tax returns for private individuals. • Balancing accounts on a daily, weekly or monthly basis. • Preparing financial statements on either a regular schedule or when requested. • Ensuring all financial practices are legal and within guidelines as outlined in federal or state laws. • Participating in budget and planning meeting with individuals or business to provide necessary information and recommendations for investments or financial opportunities. 5. How do I know whether I have the potential to meet the expectations of the industry? Knowing accounting practices alone is not enough. Some other skills that an employer would expect every employee to have include • Customer service orientation • Basic computer skills • Basic knowledge to work on an ERP (enterprise resource
