Accounts Assistant Job Description

Accounts Assistant: A New Type of Accounting Support

An accounts assistant or accounts clerk is an administrative and bookkeeping support for an accounting or finance team. They are responsible for sending and paying invoices, chasing late payments and reconciling company accounts. The smooth running of the day-to-day activities of an accounting or finance office or department is done by Accounts Assistants.

They can provide assistance for an accounting or financial team. They handle basic accounting tasks, apart from taking care of the office administration. They typically take ownership of a company or department's purchase and sales ledgers and assist with month-end processes.

They handle accounting issues and queries directly with customers. The level of experience an Accounts Assistant needs varies from position to position. Candidates can apply for entry-level positions without previous work experience.

Candidates for more senior positions will typically need to have experience in the financial or accounting field. Good working knowledge of accounting routines, including stock checks and month-end reconciliations, is required experience. Employers may need experience working with financial systems.

An Accounts Assistant is a junior position, while an Assistant Accountant is a senior position. They are either qualified or working towards becoming qualified. Assistant Accountants don't have clerical responsibilities and take care of accounting tasks exclusively.

Accounting Assistants: Qualification and Experience

An accounting assistant with two years of experience in a well-funded industry such as banking can expect a higher salary than entry-level accounting assistant in a small town. Accounting assistant jobs are often available to candidates with no previous experience, as many of them provide on-the-job training. Most employers will still be looking for qualifications and skills, which are discussed below.

Accounting assistants are usually recent graduates or current students. It is not necessary to have a degree in a relevant field, but it will give you an advantage in terms of landing jobs quickly and at the best companies. Accounting assistants with a degree are more likely to get quicker opportunities for progression, including being sponsored by their employer to become a fully chartered accountant.

The AAT offers four internationally-recognized accounting qualifications at foundation, advanced and professional level. The foundation certificate is a good starting point for aspiring accounting assistants with no experience, as it gives a solid foundation in the basics of finance administration. Accounting assistants are in high demand are likely to see significant progression opportunities in their careers, as the finance sector supports the employment of around 613,100 individuals in accounting, bookkeeping and audit roles across the UK.

Gaining a temporary accounting assistant or admin role through a temping agency can be a viable way to gain experience and insight into the job for those who are unable to get a permanent role. Accounting assistants and assistant accountants will be supported by their employers in their studies. The professionals who work for the Chartered Accountants provide high-level advice in financial areas.

Accounting Assistants: An Overview

Accounting assistants help with accounting needs. An entry-level accounting assistant can work with a company's accounting department. They can work with a solo accountant to provide support and perform specific tasks, which can include processing invoices, maintaining financial records of the hiring organization, and more.

You may be required to maintain the general ledger, assist accounts payable with payments and outgoing checks, reconcile payroll hours and distribute checks to employees. You can also perform general office administration, including answering phones, filing and other tasks. A high school degree is a minimum requirement for entry level positions.

An accounting assistant certificate from an accredited college is also beneficial. You can get an accounting assistant certificate in a few years, or an organization may hire an accounting assistant who has relevant experience. Accounting assistants are usually given training on the job by being in charge of more senior personnel.

Training usually includes building expertise with a software. Accounting assistants will learn the organization's standards and practices for keeping records of income, expenses, and payroll during training. You will need to know how accounts payable and accounts receivable work.

Knowing that the companies have separate departments for receivable and payable will help you fit in. Accounting assistants are hired to help with accounts payable. You are working with sensitive data so you may work alone or with your boss.

How Much Does an Accounting Assistant Make?

How much does an accounting assistant make? An accounting assistant's salary is dependent on many variables. College experience, career background, and location all affect pay.

Accounting assistant salaries vary depending on their employer and industry. The median annual salary of bookkeepers, accountants, and auditing clerks was over $40,000 in the year. You will probably get a bigger paycheck as you gain accounting experience.

An entry-level accounting assistant can make about 14.51 dollars an hour, while a professional with 10-19 years of experience can make $17.63. The chart below shows the average salary of an accounting assistant by experience level. An accounting assistant's salary is influenced by location.

The pay rates for accounting assistants are shown below. BLS data shows that certain states pay more than others, but keep in mind that other factors also affect salary. Accounting job titles have different salaries.

Administrative tasks are performed by accounting assistants. They make an average annual salary of over $40,000 and hold an associate degree or bachelor's degree. Financial clerks with high school diplomas make a median annual salary of $39,570.

Accounting Assistants: A Survey

Accounting Associate, Account Clerk, Accounting Assistant, Accounting Associate, Accounting Clerk, Accounting Specialist, Accounting Technician, Accounts Payable Clerk, Accounts Payable Specialist, and Accounts Receivable Clerk are some of the job titles similar to an Accounting Assistant. The extent of your job level is the first aspect to portray in your resume, it is related to the size of your current employer. An accounting assistant for a multinational transport organization may have a broader range of duties than accounting assistant for a small business.

You may want to tell your boss about your responsibility for payments and access to the bank accounts. Preparing bank deposits, approving payments, or facilitating wire transfers to international subsidiaries are some of the things that can be done. The Accounting Assistant of the digital age requires tech-savviness, familiarity on financial software applications, and a real neck for electronic spreadsheets.

If you want to get noticed, you should list your tech talents in table format. An experienced Accounting Assistant has advanced skills and knowledge of tax regulations. A proven track record of error-free journals and financial reports makes this detail oriented and efficient.

Competent is accounting automation software. A professional accounting assistant has strong multitasking and organizational abilities to smooth out complex accounting issues. Excellent mathematical ability and talent for pivot tables.

An associate degree in accounting was completed. If you want to become an Accounting Assistant, it is a good idea to consider a career as an Accountant. Financial Managers and recruiters expect certain skills in your job description.