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Accounting Specialist in QuickBooks

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Legalforce Rapc

  • Salary: Not disclosed
  • Location: Bengaluru
  • Key Skills: Accounting

Job Description:

Job description Trademarkia is a global intellectual property law firm and the largest trademark filing law firm in the United States with over 120,000 clients in over 100 countries. We were founded in 2009. As the worlds largest visual search engine for trademarked logos, names, and slogans. Trademarkia offers free software and technology for seamless trademark searches, filings, monitoring, and legal automation processes. We are dedicated to making the law accessible to Global Clients through our unique approaches, including Video Consultations using Google Meet/Zoom, and 24/7 legal support. We are looking for a detail-oriented and proactive Accounting Professional, with QuickBooks specialization to join our team. As the Accounting Specialist specializing in QuickBooks, you would primarily be responsible for managing financial data and processes using the QuickBooks software. You must be proficient in tasks like bookkeeping, financial reporting, periodic cashflow reports, and potentially payroll management, all while leveraging the features of QuickBooks to streamline accounting operations. Additionally, you will ensure the accuracy and integrity of financial data, working closely with cross-functional teams to reconcile budgets, forecast future revenue, and support payroll processes. Your ability to account, optimize both revenue and costs, while ensuring accurate time tracking and attendance data, will be vital to improving workforce productivity and employee satisfaction. Key Responsibilities: Bookkeeping: Recording daily financial transactions, maintaining general ledgers, and reconciling bank statements within QuickBooks. Financial Reporting: Generating financial statements (like balance sheets and income statements) from QuickBooks data. Payroll Management: Processing payroll through QuickBooks, managing employee data, and ensuring compliance with tax regulations. Accounts Payable/Receivable: Managing invoices, payments, and vendor relationships within QuickBooks. Data Entry and Maintenance: Ensuring accuracy and completeness of financial data in QuickBooks. Compliance: Staying up-to-date on relevant accounting and tax regulations and ensuring QuickBooks is used correctly to meet them. Troubleshooting: Identifying and resolving technical issues within QuickBooks. Training and Support: Potentially providing guidance to other users on using QuickBooks. Essential Job Functions Prepare and present weekly, monthly, and quarterly financial statements, including cash flow projections, P&L, balance sheets, and variance analyses. Develop Pro Forma breakeven report and cash flow statements for future quarters. Review and analyze spending, metrics, agent expenses, and bonus programs, providing comprehensive reports. Assess performance against budgets, explaining variances to management Oversee accounts receivable and payables, learn the revenue acceleration process whenever required to have sufficient cash flow. Monitor customer account details for non-payments, delayed payments, and other irregularities. Ensure efficient management of operational and capital investment funds. Process invoices and manage timely payments to vendors and suppliers. Assist in formulating and maintaining the companys budget and financial plans. Improve the budgeting process by educating department managers on financial issues impacting department budgets. Set goals for the accounting team, assign tasks, and provide feedback and training. Address staff questions on payroll, retainer bonuses and non-attorney staff bonuses and periodically audit and monitor the polices. Hire, train, and retain skilled accounting staff, fostering a high-performance culture. Train and mentor accounting staff, promoting professional growth and skill development including accounting standards, such as GAAP and IFRS. Provide strategic financial input on Alert on issues affecting the organizational decision-making. Conduct evaluations for cost-reduction opportunities and strengthen internal controls. Lead and train the finance team in strategic planning, budgeting,