As a Assistant accountant one can expect to work in close proximity with a business or company in order to ensure that the most economically viable and safe decisions are made in order to keep finances tight and under control.
A Assistant accountant should have vast knowledge of MYOB, or a similar a computer accounting program, in order to track and record the financial transactions and records of a company. Strong MS-Excel skills are also a must in most companies.
Part of the Assistant accountant process also includes calculating, recording, and balancing financial reports, including payroll. Therefore, a bookkeeper will need to maintain a healthy relationship with employees in order to communicate and work out changes in salaries, changes to benefits, and other changes to an employee's pay.
A Assistant accountant will also work closely with managers or business owners to help ensure that smart decisions are made when selling company assets or evaluating said company's total revenue, profits, losses, and financial position. In order to communicate the aforementioned information fully and thoroughly Assistant accountants will also be responsible for creating many reports, usually these reports will be generated once a month, semi-annually, or annually. Other responsibilities that a Assistant accountant may have include creating reports for information pertaining to retirement and payroll, entering changes to employee payroll records (often through MYOB), and handling voluntary and involuntary deductions. Usually, a Assistant accountant will also be in charge of paying the many expenses a business incurs. These expenses usually include things like electricity, internet, office supplies, credit card bills, phone bills, and whatever other expenses a business may incur through its operations.
Principal Accountabilities:
1. Pay supplier invoices in a timely manner
2. Pay any debt as it comes due for payment
3. Monitor debt levels and compliance with debt covenants
4. Issue invoices to customers
5. Collect sales taxes from customers and remit them to the government
6. Ensure that receivables are collected promptly
7. Record cash receipts and make bank deposits
8. Conduct a monthly reconciliation of every bank account
9. Conduct periodic reconciliations of all accounts to ensure their accuracy
10. Maintain the petty cash fund
11. Issue financial statements
12. Provide information to the external accountant who creates the company's financial statements
13. Assemble information for external auditors for the annual audit
14. Calculate and issue financial analysis of the financial statements
15. Maintain an orderly accounting filing system
16. Maintain the chart of accounts
17. Maintain the annual budget
18. Calculate variances from the budget and report significant issues to management
19. Comply with local, state, and federal government reporting requirements
20. Process payroll in a timely manner
21. Provide clerical and administrative support to management as requested
22. Follow accounting policies and procedures
Job Type: Full-time
Pay: $55,000.00 – $65,000.00 per year
Work Location: In person