We are seeking a meticulous and experienced Bookkeeper to join our team and manage our financial records with precision. The Bookkeeper will be responsible for recording financial transactions, maintaining accurate and organized records, and ensuring compliance with all relevant financial regulations.
- Location: Surrey, BC
- Salary: 28.50 hourly / 32 to 40 hours per week
- Terms of employment Permanent employment: Full time Day, Morning
- Start date: Starts as soon as possible
- Vacancies 1
- Secondary (high) school graduation certificate
Experience an asset
- Financial Record Keeping: Accurately record financial transactions, including income, expenses, purchases, and payments, in the appropriate accounting software or ledger.
- Accounts Payable and Receivable: Manage accounts payable by processing invoices, verifying expenditures, and ensuring timely payments. Handle accounts receivable by issuing invoices, tracking payments, and following up on overdue accounts.
- Bank Reconciliation: Reconcile bank statements and credit card statements to ensure that the company’s financial records match the actual financial transactions.
- Payroll Processing: Calculate and process employee wages, deductions, and tax withholdings. Ensure that payroll taxes are accurately calculated and submitted.
- Financial Reporting: Prepare regular financial reports, including income statements, balance sheets, and cash flow statements. Provide financial reports to management for decision-making.
- Budget Management: Assist in the development of budgets and forecasts. Monitor budget performance and report any variances.
- Tax Compliance: Prepare and maintain accurate records for tax purposes. Assist in the preparation of tax returns and ensure compliance with all tax regulations.
- Data Security: Safeguard financial data by implementing security measures and following best practices for data protection.
- Financial Analysis: Conduct financial analysis to identify trends, cost-saving opportunities, and areas for financial improvement.
- Proven work experience as a bookkeeper or in a similar role.
- Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Excel.
- Strong understanding of accounting principles and financial regulations.
- Excellent attention to detail and organizational skills.
- Strong problem-solving and analytical abilities.
- Effective communication skills, both written and verbal.
- Knowledge of payroll processing and tax regulations is a plus.
- Certification as a Certified Bookkeeper (CB) or equivalent is preferred.
- 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 tax returns
- Prepare trial balance of books
- Reconcile accounts
Who can apply to this job?
Only apply to this job if:
- You are a Canadian citizen, a permanent or a temporary resident of Canada.
- You have a valid Canadian work permit.
If you are not authorized to work in Canada, do not apply. The employer will not respond to your application.
How to apply
Here are some frequently asked questions to help you gain a better understanding of this Bookkeeper:
1: What does a bookkeeper do?
A bookkeeper is responsible for recording, organizing, and maintaining a company’s financial transactions. This includes tasks like recording expenses, managing accounts payable and receivable, reconciling bank statements, and generating financial reports.
2: What is the difference between a bookkeeper and an accountant?
While both bookkeepers and accountants work with financial data, bookkeepers primarily focus on data entry and record-keeping. Accountants, on the other hand, have a broader role, which includes financial analysis, tax planning, and providing financial advice.
3: Do I need a bookkeeper for my small business?
Having a bookkeeper is beneficial for businesses of all sizes. Small businesses can benefit from bookkeepers to ensure accurate financial records, compliance with tax laws, and better financial decision-making.
4: How often should I hire a bookkeeper?
The frequency of hiring a bookkeeper depends on your business’s size and needs. Many businesses hire bookkeepers on a part-time or contract basis and may need their services weekly, monthly, or quarterly.
5: What qualifications should I look for in a bookkeeper?
Look for bookkeepers with a strong understanding of accounting principles, proficiency in accounting software, attention to detail, and good communication skills. Relevant certifications like Certified Bookkeeper (CB) can also be a plus.
6: Can a bookkeeper help with tax preparation?
Yes, bookkeepers can assist with tax preparation by organizing financial records, ensuring compliance with tax regulations, and providing accurate financial reports to tax professionals.
7: How can a bookkeeper improve my business’s financial health?
A skilled bookkeeper can help you make informed financial decisions, identify cost-saving opportunities, prevent financial errors, and maintain accurate records, all of which contribute to a healthier bottom line.
8: Do bookkeepers handle payroll?
Yes, many bookkeepers are responsible for managing payroll, including calculating employee wages, withholding taxes, and ensuring timely payment.
9: Is it necessary to use accounting software with a bookkeeper?
While not necessary, using accounting software can streamline financial processes and make it easier for bookkeepers to track and manage financial data. Many bookkeepers are proficient in popular accounting software.
10: How do bookkeepers protect sensitive financial information?
Bookkeepers take data security seriously. They use encryption, secure servers, and best practices to protect financial data from unauthorized access or breaches.
11: Can I outsource bookkeeping services?
Yes, many businesses choose to outsource bookkeeping to professional firms or freelancers. This can be a cost-effective way to access skilled bookkeepers without hiring a full-time employee.
12: How do bookkeepers charge for their services?
Bookkeepers typically charge by the hour, by the month, or on a project basis. Rates can vary depending on location, experience, and the complexity of the work.
13: Are bookkeepers required to adhere to ethical standards?
Yes, bookkeepers are expected to follow ethical standards, including confidentiality, integrity, and accuracy, to maintain the trust of their clients and uphold the profession’s reputation.