Prepares asset, liability, and capital account entries by compiling and analysing account information. Documents financial transactions by entering account information. Recommends financial actions by analysing accounting options. Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports. Substantiates financial transactions by auditing documents. Maintains accounting controls by preparing and recommending policies and procedures. Guides accounting clerical staff by coordinating activities and answering questions. Reconciles financial discrepancies by collecting and analysing account information. Prepares payments by verifying documentation and requesting disbursements. Complies legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions. Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies. Contributes to team effort by accomplishing related results as needed.