A bookkeeper plays a crucial role in maintaining accurate financial records for businesses or individuals. They are responsible for recording financial transactions, reconciling accounts, and generating financial reports. Bookkeepers ensure that financial information is organized and up-to-date, providing a solid foundation for effective financial management and decision-making.
- Location: Surrey, BC
- Salary: 27.00 hourly / 30 to 40 hours per week
- Terms of employment Permanent employment: Full time Flexible Hours
- Start date: Starts as soon as possible
- Vacancies 1
- Secondary (high) school graduation certificate
1 year to less than 2 years
- Record financial transactions: Accurately record income, expenses, and other financial transactions in the accounting system. This includes processing invoices, receipts, and payments.
- Reconcile accounts: Regularly reconcile bank statements and other financial accounts to ensure accurate and complete records. Identify and resolve any discrepancies or errors.
- Manage accounts payable and accounts receivable: Track and manage invoices, payments, and outstanding balances. Follow up on overdue payments and communicate with clients or suppliers as necessary.
- Process payroll: Calculate employee wages, deductions, and taxes. Prepare and distribute paychecks or facilitate electronic transfers. Ensure compliance with payroll regulations.
- Generate financial reports: Prepare financial statements, including balance sheets, income statements, and cash flow statements. Provide accurate and timely financial information to support decision-making.
- Maintain financial records: Organize and maintain physical and electronic financial records, ensuring confidentiality and data integrity. Properly file and store documents for easy retrieval and reference.
- Ensure compliance: Stay updated on relevant accounting standards, tax regulations, and industry best practices. Ensure compliance with financial reporting requirements and assist in the preparation of tax returns.
- Collaborate with stakeholders: Work closely with other team members, such as accountants, managers, and auditors, to provide necessary financial information and support their activities. Communicate effectively to address any financial concerns or inquiries.
- Utilize accounting software: Use accounting software, such as QuickBooks, Xero, or Sage, to streamline financial processes and maintain accurate records. Familiarity with spreadsheet software, such as Microsoft Excel, is also beneficial.
- Proven experience as a bookkeeper or in a similar role
- Solid understanding of basic accounting principles and practices
- Proficiency in using accounting software and MS Office applications
- Strong mathematical and analytical skills
- Attention to detail and accuracy in financial record-keeping
- Excellent organizational and time management abilities
- Effective communication and interpersonal skills
- Ability to handle sensitive and confidential information with professionalism
- Knowledge of relevant regulations and compliance requirements
- Calculate and prepare cheques for payroll
- 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 trial balance of books
Who can apply to this job?
The employer accepts applications from:
- Canadian citizens and permanent or temporary residents of Canada.
- Other candidates with or without a valid Canadian work permit.
How to apply
Unit E 10944 suite 124 Street Surrey, BCV3V 4T9Between 12:00 PM and 01:00 PM
Here are some frequently asked questions to help you gain a better understanding of this Bookkeeper:
What is a bookkeeper?
A bookkeeper is a financial professional responsible for maintaining accurate and organized financial records for businesses or individuals. They record financial transactions, reconcile accounts, and generate financial reports.
What are the key responsibilities of a bookkeeper?
The primary responsibilities of a bookkeeper include recording financial transactions, such as sales and purchases, in the accounting system, reconciling bank statements and accounts, managing accounts payable and accounts receivable, processing payroll, and generating financial reports.
What skills are required to be a bookkeeper?
To be a successful bookkeeper, one needs strong mathematical and analytical skills, attention to detail, organizational abilities, and proficiency in using accounting software. Excellent communication and interpersonal skills are also important to interact with clients and colleagues.
Is a formal education required to become a bookkeeper?
While a formal education in accounting or finance is not always required, it can be beneficial. Many bookkeepers have an associate’s degree in accounting or a related field, while others acquire practical knowledge through on-the-job training or professional certifications.
What software and tools do bookkeepers use?
Bookkeepers commonly use accounting software such as QuickBooks, Xero, or Sage to record and manage financial transactions. They may also utilize spreadsheet software like Microsoft Excel and other tools for data entry, financial analysis, and report generation.
What is the difference between a bookkeeper and an accountant?
Bookkeepers focus on recording financial transactions and maintaining accurate financial records, while accountants analyze and interpret financial data to provide insights and make strategic recommendations. Bookkeepers provide the foundation for the accounting process, and accountants build upon that foundation for more complex financial analysis and reporting.
How can a bookkeeper help small businesses?
Bookkeepers play a crucial role in small businesses by ensuring accurate and up-to-date financial records. They help manage cash flow, track income and expenses, prepare tax documentation, and provide valuable financial insights to support decision-making and business growth.
Why is bookkeeping important?
Bookkeeping is essential for businesses of all sizes as it provides a clear and accurate picture of their financial health. It helps track income and expenses, ensures compliance with tax regulations, facilitates financial reporting, and enables informed decision-making based on financial data.
How can I become a bookkeeper?
To become a bookkeeper, you can start by acquiring a formal education in accounting or finance, pursuing relevant certifications such as Certified Bookkeeper (CB) or Certified Public Bookkeeper (CPB), and gaining practical experience through internships or entry-level positions. Continuous learning and staying updated with industry trends and regulations are also important for professional growth in this field.
Can bookkeeping be outsourced?
Yes, many businesses choose to outsource their bookkeeping tasks to professional bookkeeping services or freelance bookkeepers. Outsourcing bookkeeping can save time and resources for businesses, allowing them to focus on their core operations while ensuring accurate and reliable financial record-keeping.