Responsibilities of an Accountant:
- Prepare profit and loss statements and monthly closing and cost accounting reports.
- Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
- Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
- Analyze and review budgets and expenditures for local, state, federal, and private funding, contracts, and grants.
- Monitor and review accounting and related system reports for accuracy and completeness.
- Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
- Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
- Explain billing invoices and accounting policies to staff, vendors and clients.
- Resolve accounting discrepancies.
- Recommend, develop and maintain financial data bases, computer software systems and manual filing systems.
- Supervise the input and handling of financial data and reports for the company's automated financial systems.
- Interact with internal and external auditors in completing audits.
- Other duties as assigned
Who needs an Accountant:
Simply put, If you own a Company, you would need an accountant to take care of your Company accountancy activities; invoices, payrolls, expenses, etc.
Well-known Accountancies for IT Contractors in London:
| Accountancy | Notes |
| http://www.freestyleaccounting.com | ACCA and PCG Accredited Accountant |
| http://firstchoiceaccountancy.com/ | PCG Affiliate |
| http://www.nixonwilliams.com/ | PCG Affiliate |
| http://www.truedynamic.com/ | PCG Affiliate |
| http://bkl.co.uk/ | ACCA |
