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Staff Accountant
Career Insights for Accountant (General)
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Scorecard
Based on Illinois data
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What they do
An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).
$79,746 / year median in Illinois
-16% projected decline
Job Description
Responsibilities:
- Manage daily general ledger activity and help keep accounting records complete, accurate, and up to date.
- Create and record journal entries for items such as accruals, prepaid expenses, and recurring transactions.
- Reconcile bank accounts and balance sheet accounts each month, investigating and resolving variances in a timely manner.
- Contribute to month-end, quarter-end, and year-end close by preparing schedules, reviewing account activity, and supporting reporting deadlines.
- Provide assistance with accounts payable and accounts receivable tasks when additional support is needed.
- Review financial data for proper coding, accuracy, and compliance with established accounting policies.
- Prepare reports, account analyses, and supporting schedules for management, audits, and other business needs.
- Identify unusual transactions or discrepancies, research root causes, and recommend corrective action or process improvements.