About Company
BDO Latvia is a leading professional services firm providing audit, accounting, tax, and advisory services to a diverse range of clients, from start-ups and small and medium-sized enterprises (SMEs) to large corporations and public sector entities. As a member firm of BDO International, the fifth-largest professional services network globally, we combine the strength of a global network with deep local expertise and a personalized approach. Our commitment to client success is at the heart of everything we do. We pride ourselves on building strong, lasting relationships, understanding our clients’ unique challenges, and delivering pragmatic, value-added solutions. At BDO Latvia, we foster a collaborative, supportive, and dynamic work environment where our people can grow, develop their skills, and make a real impact. We are dedicated to nurturing talent, promoting continuous learning, and ensuring our team members are equipped with the knowledge and tools to excel in their careers. Join a team where your contributions are valued, and your professional journey is supported.
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Job Description
Are you an organized and detail-oriented accounting professional with a passion for supporting small businesses? BDO Latvia is seeking a dedicated Small Business Accounting Officer to join our dynamic team in Rīga. In this pivotal role, you will be instrumental in providing comprehensive accounting and financial reporting services to our diverse portfolio of small business clients, helping them navigate the complexities of financial management and ensure their compliance with Latvian regulations.
As a Small Business Accounting Officer, you will be the primary point of contact for several clients, offering expert guidance and hands-on support. Your work will involve managing day-to-day financial operations, preparing accurate financial statements, and ensuring timely submission of tax declarations. This position offers a unique opportunity to directly impact the success of local businesses by providing them with the clear, reliable financial insights they need to make informed decisions. You will work closely with business owners, understanding their specific needs and tailoring solutions that empower their growth.
We are looking for someone who thrives in a fast-paced environment, possesses excellent analytical skills, and is committed to delivering high-quality service. This role requires a proactive individual who can manage multiple client accounts efficiently, prioritize tasks effectively, and maintain meticulous attention to detail. You will be part of a supportive team of experienced professionals, with ample opportunities for continuous learning and career development within a globally recognized firm. If you are ready to take on a challenging yet rewarding role where you can truly make a difference for small businesses in Latvia, we encourage you to apply. Your expertise will not only ensure compliance but also contribute significantly to the strategic financial health of our clients.
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Key Responsibilities
- Manage and oversee the daily accounting operations for multiple small business clients.
- Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
- Ensure compliance with Latvian accounting standards and tax regulations.
- Process invoices, manage accounts payable and receivable, and reconcile bank statements.
- Prepare and submit various tax declarations (VAT, corporate income tax, etc.) on time.
- Maintain accurate and up-to-date general ledgers for all assigned clients.
- Provide financial analysis and insights to clients to support their business decisions.
- Communicate effectively with clients regarding their financial status and provide expert advice.
- Assist with annual audits and year-end closing procedures.
- Identify and implement process improvements for accounting workflows.
- Stay informed about changes in accounting principles, laws, and regulations relevant to small businesses in Latvia.
Required Skills
- Proven experience in accounting or financial management, preferably with small to medium-sized enterprises (minimum 2 years).
- Strong understanding of Latvian accounting standards (GAPS) and tax legislation.
- Proficiency in accounting software (e.g., Tildes Jumis, Sage, Microsoft Dynamics NAV or similar).
- Excellent analytical and problem-solving skills.
- High level of accuracy and attention to detail.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Strong communication and interpersonal skills, with the ability to explain complex financial information clearly.
- Proficiency in Latvian and English (both written and spoken).
Preferred Qualifications
- Bachelor's degree in Accounting, Finance, Economics, or a related field.
- Professional certification (e.g., Latvian Certified Accountant, ACCA, CIMA) or working towards one.
- Experience working in an accounting firm or a professional services environment.
- Knowledge of an additional language (e.g., Russian).
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health insurance package.
- Opportunities for professional development and continuous learning (training programs, certifications).
- Supportive and collaborative work environment.
- Modern office space in the heart of Rīga.
- Employee wellness programs.
- Social events and team-building activities.
- Flexible working arrangements (e.g., possibility of hybrid work after probation, depending on role requirements).
How to Apply
Interested candidates are encouraged to click on the application link below to submit their CV and a cover letter, highlighting their relevant experience and why they are a great fit for BDO Latvia. Please ensure all documents are in English. We thank all applicants for their interest, but only those selected for an interview will be contacted.
