I’ve been checking job vacancies on SEEK lately. And I feel confused about 3 roles of assistant accountant or AP officer which is monitoring cash flow, cash flow variance analysis and supplier reconciliation. So my questions are:
1. What’s procedure of cash flow monitoring
2. General description about cash flow variance analysis and is it similar to P&L analysis involving comparing P&L with budget
3. What’s supplier reconciliation? And what support documents are needed?