Senior staff accountants are responsible for overseeing all aspects of a company’s accounting. Some specialization may occur in larger organizations, but senior staff accountants generally verify payroll information, review billing details on a monthly basis, prepare and post journal entries, and maintain the balance sheet. In the short term, they track cash and credit payments and rectify banking information on a daily basis. In some firms, senior staff accountants may also track sales tax or other specialized tax information. Longer-term projects include analyzing yearly performance data for presentation to management, which involves comparing prior projections to actual performance, adjusting and creating a new forecast, and investigating any anomalies in the accounting data. Senior staff accountants also assist with auditing as needed.
Senior Staff Accountant Tasks
Assist with annual and quarterly budgets, forecasts, and reports, including profits/losses by business unit.
Track data and compile internal reports on assets, liabilities, and expenses.
Lead month end reporting and analysis of fixed costs and balance sheet analysis.
Create and file tax documents, and implement processes to ensure financial integrity.