Financial Assistant Job Description

A financial assistant plays a crucial role in handling the day to day activities of the accounting and finance department. Financial assistant responsibilities comprise a wide range of accounting duties and functions that need to be executed in an effective manner to support the smooth operation of the finance department.

Their job is mostly supportive in nature and they are responsible for carrying out the accounting duties accurately by applying various accounting priniciples. If you are aiming to stabilize in this field, you must be well acquainted with the financial assistant responsibilities.

Key Responsibilities of a Financial Assistant

Financial assistants generally work under the supervision of some senior personnel from the finance department like a finance manager who guides them, and gives directions to perform the relevant accounting and financial tasks.

They are involved in monitoring the flow of all the cash transactions, ensuring their proper entry, verifying the accuracy of financial records, assisting in report generation, and recommending policies for improving the financial procedures and policies.

Here is some detailed information on what exactly are the responsibilities carried out by the financial assistants:

Essential Skills and Abilities

Educational Background

A high school diploma or a bachelor's degree from an accredited university supported by knowledge in book keeping, accounting, or finance would be sufficient to be eligible for the post of a financial assistant. You should have good math and computation skills to be able to make the calculations with good speed and accuracy.

Work Schedule

Financial assistants generally work from Monday through Friday, with their weekly work schedule generally lasting for not more than thirty five to forty hours. Sometimes, they work overtime in the evenings or at nights to complete the accounting assignments on time. They may sometimes require to work even on the public holidays or weekends.

Salary Details

The average annual salary of a financial assistant is $48,000. It, however, varies in the range of $30,000 to $60,000 depending on the level of experience, skills, educational background, location as well as the size and type of the organization they are working for.

Career Prospects

The individuals who are well versed with the accounting principles, concepts, and theories along with proficiency in computers have got a wide range of opportunities available in almost every field wherever there is a finance department.

Once you become experienced and are backed with additional qualifications and knowledge, you can definitely climb up the ladder of success and advance to managerial posts.

Thus, if you are really eager and keen on making a career in accounting and finance sector, you must make sure that you carry out the financial assistant responsibilities efficiently and effectively.

See Also

Assistant Financial Manager Responsibilities

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