A Senior Accountant's Responsibilities Include:
Financial reporting: Ensuring that financial records and accounts meet the required standards and criteria. This includes preparing financial analyses and reports and reconciling financial statements.
Financial analysis: Analyzing financial documents and identifying potential risks and opportunities.
Payroll: Creating staff payrolls and approving payments to clients and suppliers.
Accounting irregularities: Investigating accounting mistakes, potential fraud, or irregularities.
Cost reporting: Taking ownership of reporting costs, expenditures, margins, and productivity.
Administrative tasks: Unlike junior accountants, senior accountants generally don't perform administrative tasks like updating journal entries, populating balance sheets, or gathering data.