Laam is #Hiring Job Role: Financial Reporting Specialist Job Summary: The Financial Reporting Specialist will play a crucial role in ensuring accurate and timely preparation and presentation of financial reports. This position is responsible for maintaining the general ledger, conducting account reconciliations, and preparing financial statements and other reports. Key Responsibilities: Financial Reporting and Analysis: Prepare, review, and present financial statements, management reports, and other financial disclosures. Analyze financial data, identifying trends, anomalies, and areas for potential improvement. Provide insights and recommendations to senior management based on financial data and trends. Oversee the preparation of key reports, such as balance sheet, income statement, and cash flow statements, to ensure accuracy and compliance. General Ledger and Account Reconciliation: Manage the general ledger to ensure all entries are accurate, complete, and compliant with accounting standards. Conduct monthly, quarterly, and year-end closing activities and account reconciliations. Monitor and reconcile accounts related to customer advances, COD (Cash on Delivery) transactions, and other receivables from various payment gateways. Ensure reconciliation of multiple payment gateways and receivables.. Compliance and Audit Support: Ensure compliance with company policies, accounting standards (IFRS), and regulatory requirements. Address audit requirements by providing necessary documentation, explanations, and analysis. Implement and maintain internal controls to protect company assets and ensure the integrity of financial reporting.. Cross-Departmental Collaboration: Act as a bridge between the accounting team and other departments, ensuring accurate and timely financial data flow. Coordinate with IT and other departments to optimize financial systems and tools. Handle and resolve queries related to financial reports and discrepancies effectively Systems and Process Improvement: Identify opportunities for process improvements in financial reporting and accounting functions. Implement best practices to increase accuracy, efficiency, and timeliness of financial reports. Keep up-to-date with industry best practices and emerging technologies to improve reporting processes. Qualifications: Bachelor’s degree in Accounting, Finance, or a related field. A master’s degree or professional certification (e.g., ACCA, CA) is preferred. Minimum of 4 years of experience in financial reporting, preferably within e-commerce or retail sectors. Proficiency in ERP systems and accounting software. Excellent analytical, problem-solving, and communication skills. To apply, please fill out the job application form through the link provided below; https://lnkd.in/dRPy_Sy6 . . . #careers #laamloug #finance #financialreporting #ecommerce #fashion #retail
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A financial data analyst focuses on interpreting and analyzing financial data to inform decision-making, often using statistical tools and software. They delve into market trends, forecasting, and performance metrics. In contrast, an accountant primarily handles financial record-keeping, preparing statements, ensuring compliance with regulations, and managing taxes. While both roles deal with financial information, the analyst is more concerned with insights and strategy, whereas the accountant emphasizes accuracy and adherence to standards.
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Q1.What are skills required to become good Financial Analyst? Ans : 1.Accounting Skills. 2.Ability to relate and link important financial statements. 3.Proficient with Ms excel. 4.Problem solving skills. 5.Forecasting skills. 6.Attention to detail. 7.Ability to make complex information simple. 8. Design and Presentation skills. 8.Enthusiasm and Commitment. Q2.What are the key responsibilities of Financial Analyst? Ans: 1.Monitor and create financial models . 2.Identify trends relate to various documents, recommend action plan. 3. Helps to make decision regarding capital budgeting, expenditure planning , investment 4.Data Reconciliation. Q3.What are elements that show the financial health of the Company? Ans:1. Liquidity: Ability to pay for expenses. 2.Leverage Investment strategy with borrowed money. 3.Profitability - With profitability ratios. Q4.Most important document for financial analysis? Ans: 1.Balance sheet : It shows the current financial status. 2.Cash flow statement: Ability to manage money . 3.Income statement: Performance over a period of time.
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Avoid These 5 Common Monthly Reporting Mistakes! 1. Inconsistent Data Entry: Ensure accuracy by maintaining consistent data entry practices across all reports. 2. Missing Deadlines: Stay on schedule to prevent delays in submitting monthly reports and maintain accountability. 3. Ignoring Variance Analysis: Analyze discrepancies between actual and budgeted figures to identify areas for improvement. 4. Overlooking Narrative Context: Provide context and explanations for variances to give meaning to the numbers. 5. Forgetting to Review: Regularly review reports for errors or inconsistencies to maintain data integrity and reliability. By avoiding these mistakes, you can ensure that your monthly reporting process is efficient, accurate, and valuable for decision-making! #r2accounting #AccountingExperts #FinancialPeace #BusinessGrowth #NumbersNerds #SmallBusinessSupport #StartupSuccess #FinancialSolutions #EffortlessAccounting #BusinessNumbers #BookkeepingBliss #ProfitPlanning #TaxSeasonReady #BusinessBalance #AccountingMagic #FinancialStrategy #MoneyMatters #CashFlowManagement
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Mastering Data Validation in Excel is a crucial skill for ensuring accuracy in financial data entry. By applying validation rules, it minimize errors, enhance data integrity, and streamline reporting processes. This essential tool allows finance professionals to maintain precision and efficiency in daily operations. Let's connect if you're looking for someone skilled in optimizing data accuracy and financial operations! #ExcelForAccountants #FinancialAccuracy #DataIntegrity #FinanceSkills #ExcelExpert #FinanceProfessionals #Jobseeker
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Excel Tip #128 of 450 Analyze Financial Data with the FV Function FV calculates the future value of an investment based on periodic payments. It’s Excel’s way of saying, “Project your returns.” Ideal for financial forecasting and planning. #ExcelTips #ExcelTricks #DataAnalysis #ExcelMastery #ExcelPro #Hiring #AccountingJobs #FinanceJobs #CareerOpportunities #JobSearch #Recruitment #JobOpening #JobHunt #BusinessIntelligence #Accounting #Finance #FinancialAnalysis #DataScience #BusinessAnalytics #Analytics #CareerGrowth #JobMarket #JobSeekers #WorkplaceSkills #ProfessionalDevelopment #JobTips #WorkFromHome #RemoteWork #VirtualWork #OfficeProductivity #WorkplaceEfficiency #TechSkills #Automation #FinancialModeling #BusinessTools #CorporateTraining #Excelmacros #Vbamacros #vbaexcel
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R2R Stages: Following are the stages in R2R(Record-to-Report): Data collection Data entry Reconciliation Closure Financial reporting Analysis Recommendations Reporting to management
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Part 10 Key Responsibilities Reporting: Generate special financial reports and statements as required by leadership, ensuring data accuracy and timely submission. Almost forgot…this is important. When Customers want a report of their diversion or tonnage data, since we don’t have good records of this line-item data in our accounting system, we need you to go through old invoices and key-in the line-item data to a spreadsheet. This only happens...all of the time. What else are you doing? Did you get to that pile of roll offs and compactors from two months ago yet?
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🚀 Showcasing My Sample Excel Project on Payment Tracking! 🚀 I’m excited to share a recent project where I utilized my Excel expertise to create a comprehensive payment summary for a list of clients. This project involved: 1. Implementing data validation to ensure data accuracy. 2. Summarize payments, including payment dates and amounts. 3. Enhancing client management and financial reporting. This sample not only streamlined payment tracking but also demonstrated my skills in spreadsheet solutions and data analysis. I look forward to leveraging these skills in future opportunities, especially in financial services and data management. #Excel #DataValidation #PaymentSummary #ClientManagement #FinancialReporting #DataAccuracy #Bookkeeping #AccountingSkills #QuickBooks #Automation #DataAnalysis
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🤔Key Takeaway from My Time in Creditors Being in creditors has taught me a valuable lesson: it's easy to get caught up in the routine of data entry, but we must always remember that there's a story behind every invoice. We are not just data capturers - we have to be meticulous, detail-oriented, and committed to accuracy. Double-checking every invoice may take extra time, but it's essential for building trust and ensuring financial integrity. What's the most important lesson you've learned in your career? #creditors #accounting #attentiontodetail #financialintegrity
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💰 Working with Accounts Receivable (AR) in Business Central? 📜 We just updated the documentation with a new Accounts Receivable analytics overview page. Maybe you have analytical tools available that you did not know about? 🔗 https://lnkd.in/dTMbju4y #msdyn365bc #analytics #AR
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