Robert Half

On-the-job Training

• On the Job Training - Principles and Practices
  • Apply accounting fundamentals
  • Apply accounting best practices
• On the Job Training - Job Functions
  • Manage cash and bank accounts
  • Manage data and recordkeeping
  • Manage payroll
  • Manage accounts receivable/payable
  • Return on company finances and taxes
• On the Job Training - Tools and Technologies
  • Use accounting software such as Enterprise Resource Planning (ERP) System
  • Use Excel and/or reporting tools for preparation of financial statements and other reporting
  • Use Excel and/or other reporting tools for analysis of financial statements and other reports
• Foundational Competencies - Principles and Practices
  • Demonstrate knowledge of basic accounting fundamentals
  • Demonstrate knowledge of accounting transactions and financial statements
• Foundational Competencies - Job Functions
  • Manage cash and bank accounts
  • Manage data and recordkeeping
  • Manage payroll
  • Manage accounts receivable/payable
  • Return on company finances and taxes
• Foundational Competencies - Job Function 3: Manage Cash and Bank Accounts
  • Collect cash from points of sale, record and store cash, and check receipts
  • Reconcile cash and check receipts/expenditures with accounts receivable/payable
  • Complete cash and check deposits/transfers at the bank (either electronically or in person)
  • Manage accounts receivable/payable
• Foundational Competencies - Job Function 4: Manage Data and Recordkeeping
  • Input data from sales, purchases, and other receipts/expenditures
  • Maintain employee records including information on new hires, terminations, and changes to employee conditions and benefits; and reconcile discrepancies (if applicable)
  • Maintain customer and vendor profile data on customer relationship management (CRM) platform, Enterprise Resource Planning (ERP) System and/or Accounting software
  • Analyze sales and purchasing data, providing relevant indicators to supervisors and other stakeholders
• Foundational Competencies - Job Function 5: Manage Payroll
  • Prepare and distribute payroll checks
  • Manage company-provided and/or public benefits
  • Collect and distribute payroll taxes
• Foundational Competencies - Job Function 6: Manage Accounts Receivable/Payable
  • Prepare, receive, and process vendor invoices
  • Prepare, receive, and process customer invoices
  • Maintain customer and vendor invoice information system
• Foundational Competencies - Job Function 7: Report on company finances and taxes
  • Generate expense, profit, and other financial reports, including building accounting and financial indicators
  • Assist with and support the month-end and year-end closing process
  • Prepare, file, and audit tax forms
• Foundational Performance Criteria - Demonstrate knowledge of basic accounting fundamentals
  • Revenue Recognition - Understand timing of execution and recording of the transaction. Also, record the associated costs incurred during the same period.
  • Historical Cost - Report assets at the actual cost of acquisition and not at its market value. The exception being for highly marketable securities, which are valued at their fair market value. Intangible assets with impairments are also shown at their ap
  • Matching – Report income earned during an accounting period with corresponding expenditure. All the costs related to the sale or revenue reported in a particular period are to be taken into account in that period only.
  • Full Disclosure – Disclose all information relevant tousers in financial statements.
  • Objectivity – Information in the General Ledger should be objective, reliable, and accurate. Also, they should be free from personal bias. Above all, every transaction backed with adequate evidence such as vouchers, receipts, invoices, etc. as support.
• Foundational Performance Criteria - Demonstrate knowledge of accounting transactions and financial statements
  • Demonstrates functional knowledge for recording journal entry in the general ledger
  • Demonstrates ability to prepare account reconciliations
  • Demonstrates an understanding for preparing financial statements including the Income and Expenditure Statement, Balance Sheet and Statement of Cash Flows
• Foundational Performance Criteria - Manage cash and bank accounts
  • Collect cash from points of sale, record and store cash, and check receipts
  • Reconcile cash and check receipts/expenditures with accounts receivable/payable
  • Complete cash and check deposits/transfers at the bank (either electronically or in person)
  • Manage bank checking/spending accounts, credit card account activities, and monthly statements
• Foundational Performance Criteria - Manage data and recordkeeping
  • Input data from sales, purchases, and other receipts/expenditures
  • Maintain employee records including information on new hires, terminations, and changes to employee conditions and benefits; and reconcile discrepancies (if applicable)
  • Maintain customer and vendor profile data on customer relationship management (CRM) platform (ifit exists)
  • Analyze sales and purchasing data, providing relevant indicators to supervisors and other stakeholders
• Foundational Performance Criteria - Manage Payroll
  • Prepare and distribute payroll checks
  • Manage company-provided and/or public benefits
  • Collect and distribute payroll taxes
• Foundational Performance Criteria - Manage accounts receivable and payable
  • Prepare, receive, and process vendor invoices
  • Prepare, receive, and process customer invoices
  • Maintain customer and vendor invoice information system
• Foundational Performance Criteria - Report on company finances and taxes
  • Generate expense, profit, and other financial reports, including building accounting and financial indicators
  • Assist with and support the month-end and year-end closing process
  • Prepare, file, and audit tax forms
• Foundational Performance Criteria - Demonstrate ability to maintain and troubleshoot applications
  • Demonstrate ability to troubleshoot company applications and related tools
  • Demonstrate ability to troubleshoot scan issues
  • Demonstrate ability to work with vendors to correct issues or updates
  • Demonstrate ability to generate reports in various software applications
  • Demonstrate ability to create, review and analyze reports
  • Demonstrate ability to create and maintain dashboards