Job In Canada
Bookkeeper Needed In Canada By Guru Nanak Transport
We are seeking a skilled and detail-oriented Bookkeeper to join our team. As a Bookkeeper, you will be responsible for accurately recording and maintaining financial transactions and records for our company. Your expertise in bookkeeping will contribute to the organization’s financial stability and ensure compliance with tax regulations.
Job details
- Location: Brampton, ON
- Salary: 25.00 hourly / 35 hours per week
- Terms of employment Permanent employment: Full time
- Start date: Starts as soon as possible
- Benefits: Health benefits
- Vacancies 1
- Verified
Overview
Languages
English
Education
- Secondary (high) school graduation certificate
Experience
7 months to less than 1 year
Responsibilities:
- Record and maintain financial transactions, including sales, purchases, expenses, and payments, in accounting software or ledgers.
- Reconcile bank statements and other financial records to ensure accuracy and identify discrepancies.
- Generate and issue invoices to customers and clients in a timely manner.
- Manage accounts payable and accounts receivable processes, ensuring prompt and accurate payments and collections.
- Monitor and track company expenses, including petty cash management.
- Prepare and generate financial reports, such as income statements and balance sheets.
- Assist with payroll processing and maintain employee records related to compensation and benefits.
- Ensure compliance with tax regulations and prepare necessary documentation for tax filings.
- Assist with budgeting and financial planning activities.
- Collaborate with other team members, including accountants and financial professionals, to support financial management.
Requirements:
- Proven experience as a Bookkeeper or in a similar financial role.
- Associate’s degree in accounting, finance, or a related field is preferred.
- Strong mathematical skills and attention to detail for accurate record-keeping.
- Proficiency in using accounting software and familiarity with financial spreadsheets.
- Knowledge of accounting principles and best practices.
- Excellent organizational skills to manage financial records efficiently.
- Effective communication skills to collaborate with team members and clients.
- Ability to work independently and manage multiple tasks effectively.
- Strong problem-solving abilities to address financial discrepancies and resolve issues.
- Understanding of tax regulations and compliance requirements.
- Ethical conduct and confidentiality in handling financial information.
Tasks
- Calculate and prepare cheques for payroll
- Keep financial records and establish, maintain and balance various accounts using manual and computerized bookkeeping systems
- Post journal entries
- Prepare other statistical, financial and accounting reports
- Prepare tax returns
- Prepare trial balance of books
- Reconcile accounts
Experience and specialization
Computer and technology knowledge
- Quick Books
- Simply Accounting
Additional information
Work conditions and physical capabilities
- Attention to detail
- Fast-paced environment
- Tight deadlines
- Work under pressure
Benefits
Health benefits
- Dental plan
- Health care plan
- Vision care benefits
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
By mail
33 HOYLE DRBRAMPTON, ONL6P 1T5
Advertised until
2023-09-01
Here are some frequently asked questions to help you gain a better understanding of this Bookkeeper:
What is a Bookkeeper?
A Bookkeeper is a professional responsible for maintaining accurate financial records for a company or organization. They play a vital role in recording financial transactions, reconciling accounts, and ensuring that financial information is organized and up-to-date.
What are the typical responsibilities of a Bookkeeper?
The responsibilities of a Bookkeeper may include:
- Recording financial transactions, such as sales, purchases, expenses, and payments, in appropriate accounting software or ledgers.
- Reconciling bank statements and other financial records to ensure accuracy.
- Preparing and issuing invoices to customers and clients.
- Managing accounts payable and accounts receivable processes.
- Monitoring and tracking company expenses and managing petty cash.
- Generating financial reports, such as income statements and balance sheets.
- Assisting with payroll processing and maintaining employee records.
- Ensuring compliance with tax regulations and preparing necessary documentation for tax filings.
- Assisting with budgeting and financial planning activities.
- Providing support to accountants and other financial professionals.
What qualifications and skills are required to become a Bookkeeper?
While formal education is not always a requirement, many employers prefer candidates with at least an associate’s degree in accounting, finance, or a related field. Strong mathematical skills, attention to detail, and proficiency in using accounting software are essential for bookkeepers. Additionally, good communication and organizational skills are valuable for effectively managing financial records and collaborating with other team members.
Is bookkeeping different from accounting?
Yes, bookkeeping and accounting are related but distinct roles in the financial management of a company. Bookkeeping focuses on recording financial transactions and maintaining accurate records, while accounting involves analyzing and interpreting financial data, preparing financial statements, and providing financial insights and recommendations to help businesses make informed decisions. Bookkeeping serves as the foundation for accounting processes, and both roles are essential for sound financial management.
Can bookkeepers work for small businesses and larger corporations?
Yes, bookkeepers can work for businesses of all sizes, from small startups and family-owned businesses to large corporations. The size of the organization may influence the complexity of bookkeeping tasks, but the fundamental principles and responsibilities of bookkeeping remain consistent.
How important is accuracy in bookkeeping?
Accuracy is of utmost importance in bookkeeping. Maintaining precise financial records ensures that businesses have a clear understanding of their financial health, make informed decisions, and comply with tax regulations. Small errors in recording transactions can lead to significant discrepancies in financial reports, which may have serious consequences for a company’s financial management.
Do bookkeepers work with accounting software?
Yes, bookkeepers commonly use accounting software to streamline the recording and organization of financial data. Accounting software allows bookkeepers to efficiently record transactions, generate reports, and reconcile accounts. Familiarity with popular accounting software packages is often a valuable skill for bookkeepers.
What is the career growth potential for bookkeepers?
Bookkeepers can advance their careers by gaining additional experience, taking on more significant responsibilities, and pursuing professional certifications. Some bookkeepers may progress to become senior or supervisory bookkeepers, while others may choose to become certified public accountants (CPAs) or pursue careers in accounting or finance management.
How do bookkeepers contribute to a company’s success?
Bookkeepers play a critical role in a company’s success by ensuring that its financial records are accurate, up-to-date, and well-organized. By providing reliable financial data, bookkeepers enable business owners and managers to make informed decisions, plan budgets, and strategize for growth. Proper bookkeeping also helps businesses stay compliant with tax regulations and ensures transparency for stakeholders and investors.
Can bookkeepers work remotely?
Yes, many bookkeepers have the flexibility to work remotely, especially with the availability of cloud-based accounting software and digital tools. Remote bookkeeping allows professionals to provide their services to clients or employers from any location, increasing convenience and efficiency.
Is bookkeeping a suitable career choice for those interested in finance and numbers?
Yes, bookkeeping is an excellent career choice for individuals who have an interest in finance, numbers, and organizational skills. Bookkeepers play a fundamental role in the financial management of businesses, and their work directly impacts the accuracy and reliability of financial data. It can be a rewarding and fulfilling career for those who enjoy working with numbers and ensuring financial accuracy.
