Elements and Performance Criteria
- Compile financial information and data
- Collect, evaluate and code current financial data to ensure consistency, quality and accuracy in accordance with organisational requirements
- Use conversion and consolidation procedures to compile analysis in accordance with organisational requirements
- Make, record and disclose asset and liability valuations in accordance with organisational requirements
- Ensure that discrepancies, unusual features or queries are identified, resolved or referred to the appropriate authority
- Prepare statutory requirement reports
- Correctly record income and expenditure to ensure compliance with statutory requirements
- Calculate liabilities for tax in accordance with current legislation and revenue gathering practices
- Correctly identify relevant receipts, revenue documentation and payments
- Ensure that statements and claims take full advantage of available benefits and allowances in accordance with statutory requirements
- Submit statutory requirement reports to appropriate authorities within stated deadlines
- Provide financial business recommendations
- Ensure that recommendations are logically derived and supported by evidence in report
- Provide recommendations to propose constructive actions to enhance the effectiveness and efficacy of functions and services
- Ensure recommendations are concise and facilitate direction and control of organisation's operations
- Identify and prioritise significant issues in statements including comparative financial performances for review and decision making
- Ensure structure and format of reports are clear and conform to organisational and statutory requirements