What does an Assistant Accountant do?
Assistant Accountants typically work on a business’ accounting team to provide assistance in preparing the company’s financial statements and building analysis reports. They may also work in an accounting agency setting, handling financial documents for several different clients. Assistant Accountants are typically entry-level finance professionals who assist an office with their administrative and financial work while meeting the individual bookkeeping needs of the organization. Their main goal is to help the Accountant ensure the company is financially stable and secure. Assistant Accountants often draft financial documents and reconcile a company’s bank records and submit these reports to Accountants.
Assistant Accountant skills and qualifications
Depending upon the size of the organization an Assistant Accountant may be an entry- or intermediate-level position within an organization. Some companies hire high school graduates to fill the position of Assistant Accountant. Here are the basic requirements of an Assistant Accountant:
- Computer skills
- Math skills
- Written and verbal communication skills
- Ability to work independently and as a team member
- Organizational skills
Assistant Accountant salary expectations
The national average salary for an Accounting Assistant is $16.56 per hour. The amount may vary depending upon the responsibilities that are to be undertaken by your new employee, the size of your organization and the educational requirement.
Assistant Accountant education and training requirements
If the company requires the Assistant Accountant to be able to create financial documents for tax returns or do the actual filing of tax returns, a Preparer Tax Identification Number is essential. If the Assistant Accountant is required to conduct audits or review financial statements, then they would need to be a Certified Public Accountant. Depending upon the role and function that the newly hired accountant is to fill, additional certification such as Certified Internal Auditor, Chartered Financial Analyst or Certified Fraud Examiner may be required.
Assistant Accountant experience requirements
Since this is an entry-level position, depending upon the size of the company and scope of the business, an Assistant Accountant may not need to have any experience at all. However, recent college graduates and people who worked as an intern in an accounting department before applying for the Assistant Accountant position are always desirable.
Assistant Accountant Job Description Template
We seek a highly motivated and organized individual to join our team as an Assistant Accountant. In this role, you will support the accounting team with various tasks and projects. Additionally, you will gain hands-on experience and develop your skills in the field of accounting.
- Assist with the preparation of financial statements and reports
- Assist with the processing of accounts payable and receivable
- Enter and verify the accuracy of financial transactions
- Perform bank reconciliations and other reconciling tasks as needed
- Maintain accuracy and organized financial records and documents
- Assist with budgeting as needed
- Support the accounting team with various projects and tasks as needed
- Strong organizational and time management skills
- Proficiency with Microsoft Office (E.g., Excel)
- Familiar with accounting invoicing software
- Attention to detail and accuracy
- Strong verbal and written communication skills
- A desire to learn and grow within the field of accounting
Job description samples for similar positions
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