Wyse Construction is in search of a skilled bookkeeper to join our team! If you have a strong background in financial management and a passion for keeping things organized, we want to hear from you. In this role, you'll manage day-to-day financial transactions, oversee invoicing, and ensure our records are accurate and up-to-date. Your attention to detail and expertise will be vital in helping us make informed financial decisions and maintain smooth operations. If you're ready to take on a pivotal role and contribute to our success, apply today!

Bookkeeping Project Overview

Project Title: Comprehensive Bookkeeping Management

Objective: To establish a streamlined bookkeeping system that accurately tracks financial transactions, ensures compliance, and provides insightful financial reporting.

Key Deliverables

Initial Assessment and Setup:

• Conduct a financial health assessment of current bookkeeping practices.
• Set up a cloud-based accounting system (e.g., QuickBooks, Xero) tailored to business needs.
• Create a chart of accounts relevant to the industry.

Transaction Management:

• Establish processes for daily recording of transactions (sales, purchases, payments).
• Implement an invoice management system for accounts receivable.
• Develop a system for tracking expenses and categorizing costs.

Monthly Reconciliation:

• Perform monthly bank reconciliations to ensure accuracy of records.
• Reconcile credit card statements and vendor accounts.

Financial Reporting:

• Prepare monthly financial statements (income statement, balance sheet, cash flow statement).
• Provide budget vs. actual reports to assess financial performance.

Compliance and Record Keeping:

• Ensure compliance with tax regulations and deadlines.
• Organize and maintain all financial records for easy access and auditing.

Project Review and Recommendations:

• Conduct a review of the bookkeeping system after six months.
• Provide recommendations for improvements and efficiencies.