Elements and Performance Criteria
- Compile financial information and data
- Collect, evaluate and code currentfinancial datato ensure consistency, quality and accuracy in accordance withorganisational requirements
- Useconversion and consolidation proceduresto compile analysis in accordance with organisational requirements
- Make, record and disclose asset and liability valuations in accordance with organisational requirements
- Ensure thatdiscrepancies, 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 withstatutory requirements
- Calculate liabilities for tax in accordance with current legislation andrevenue gatheringpractices
- Correctly identify relevant receipts,revenue documentationand payments
- Ensure that statements and claims take full advantage ofavailable benefits andallowancesin accordance with statutory requirements
- Submit statutory requirement reports to appropriate authorities withinstated deadlines
- Provide financial business recommendations
- Ensure that recommendations are logically derived and supported byevidencein 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 issuesin statements including comparative financial performances for review and decision making
- Ensure structure andformat of reportsare clear and conform to organisational and statutory requirements