A student is applying to a University and is seeking GMAT/GRE waiver. He has been asked the below question.
"Provide an in-depth description of the analytical and quantitative components of your current job including examples and the frequency that they are utilized. (Limited to 200 words)"
Can you use the Job description be to provide this? Also, if possible, please provide an example.
Accountant:
Major responsibilities:
o Process Clients accounts and incoming payments in compliance with financial policies and procedures
o Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables' data
o Capture bank and petty cash on the system for EQ
o Prepare bills, invoices and bank deposits
o Reconcile the accounts receivable ledger to ensure that all payments are accounted for and properly posted.
o Verify discrepancies by and resolve clients' billing issues
o Manages monthly closing of financial records and posting of month end information
o Facilitate payment of invoices due by sending bill reminders and contacting clients
o Generate financial statements and reports detailing accounts receivable status
o Monitor processing of invoices and ensure timely collection of payments
o Negotiate with clients in non-payment cases
o Prepare monthly, quarterly, annual and ad-hoc forecasting reports
o Organize records of invoices, bills and deposits
o Ensure high-quality invoicing and collection procedures that comply with the law
o Ensure all team members follow the accounting principles
o Stay updated on industry and legislative changes
o Prepares asset, liability, and capital account entries by compiling and analyzing account information.
o Payroll Preparation
o Tax filling