JOB PROFILE
Whats Is an Accounts Assistant?
IN THIS JOB PROFILE
You Will Learn.
- What is an Accounts Assistant?
- What are the responsibilities of an Accounting Assistant?
- What qualifications do Accounting Assistants need?
- How much do Accounts Assistants earn?
- What are the progression opportunities for an Accounts Assistant?
- What makes a good Accounts Assistant?
- Where are the latest Accounting Assistant jobs and how do you apply for them?
What Is an Accounts Assistant?
The role of an Accounts Assistant (or Accounting Assistant) is to provide accounting and administrative support to senior accounting and finance staff. This could include paying invoices, processing or filing paperwork, ensuring paperwork is accurate, reconciling company accounts or chasing outstanding payments. Accounts Assistants could be hired to focus on accounting, bookkeeping or auditing, or a combination of the three.
What Are the Responsibilities of an Accounts Assistant?
The main responsibilities of an Accounts Assistant include:
- Complete daily and monthly bank reconciliations.
- Check data or payments are correct.
- Handle petty cash transactions.
- Pay, process or send invoices.
- Administration tasks such as filing and processing mail.
- Schedule appointments with clients.
- Enter financial data into accounting systems.
- Chase outstanding debt.
- Control credit.
- Process expense requests.
- Track expenditure.
- Financial analysis tasks.
Frequently Asked Questions
What Qualifications Do Accounts Assistant Need?
To work as an Accounts Assistant, you will usually need a good understanding of basic accounting/bookkeeping principles and accounting softwares.
Some businesses will require an Accounts Assistant to have an ACCA (or equivalent) qualification, an accounting certification or to complete an apprenticeship. Any qualifications related to maths, economics or finance would also be extremely desirable to an employer.
The level of experience required can differ between employers but for entry-level positions, employers will often include information about career progression paths and training on the job advertisement.
How Much Do Accounts Assistants Earn?
Through independent research conducted by Spencer Clarke Group, the average salary of an Accounts Assistant is:
- London - £27,124
- Manchester - £25,050
- Birmingham/Wolverhampton - £23,017
- Leeds/Bradford - £24,450
- Liverpool - £23,038
- Newcastle - £25,327
- Glasgow - £23,090
- Southampton/Portsmouth - £24,849
Salaries can vary depending on factors such as location, level of experience, and the size of the company. It's worth noting that total compensation, including bonuses and other benefits, can also have a significant impact on an Accounts Assistant's overall earnings.
What Are the Perks of the Job for an Accounts Assistant?
Popular perks of the job for Accounts Assistants include:
- Company events.
- Cycle to work scheme.
- Pension scheme.
- Free on-site parking.
- Salary sacrifice schemes.
- Wellness programme.
- Birthday off.
- Career progression.
- Dress down Friday.
- Gym membership.
- Flexitime.
- Private medical insurance.
- Additional annual leave.
What Makes a Good Accounts Assistant?
Key skills of an Accounts Assistant include:
- A passion for crunching numbers.
- Great organisational skills.
- Strong attention to detail.
- Strong analytical skills.
- A willingness to progress your career through training.
- Honesty and integrity to keep sensitive information private.
- A very good understanding of financial systems and processes.
- Great time management skills.
- Strong verbal and written communication skills.
- Good computer literacy.
- The ability to work independently and as part of a team.
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