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Staff Accountant
Career Insights for Accountant (General)
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Scorecard
Based on Virginia 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).
$77,271 / year median in Virginia
-12% projected decline
Job Description
Essential Functions and Responsibilities
- Maintain fixed asset records, including tracking construction-in-progress activity and coordinating with departments on asset additions, improvements, transfers, and disposals
- Review accounts payable activity, reconcile subsidiary records to the general ledger, and support intercompany transaction accuracy
- Monitor daily banking activity, record scheduled payments, and assist with cash management by analyzing short-term funding needs and recommending practical actions
- Prepare journal entries, reconcile balance sheet accounts, and contribute to the monthly close process and financial statement preparation
- Support annual budgeting efforts by gathering financial data, organizing schedules, and assisting with forecast updates
- Coordinate wire payments to vendors and affiliated entities, and prepare documentation related to letters of credit when needed
- Complete monthly bank reconciliations and produce financial or operational reports required by leadership
- Assist with physical inventory count reconciliation, external audit support, and internal control reviews to identify risks and improve processes
- Communicate with vendors, customers, auditors, and corporate contacts to resolve financial questions, obtain supporting information, and ensure timely follow-up
- Keep departmental procedures current and perform additional accounting-related duties as assigned by management