Accounting Assistant Work

Accounting work or making and maintaining financial transactions is one of the duties of every employee working in the accounting department of the organization. Accounting assistant is the entry-level or trainee level position. They assist the accountants or accountant executives in maintaining financial transactions of the company. Accounting assistants work in private sectors, in public sectors, government organizations and in some firms that offer accounting services to the business organizations. Accounting assistant work is similar to that of the accounting executive. For more information about this profile, read below.

Work Profile

Accounting assistants perform all accounting related work such as paying bills, issue invoices, deposit checks, etc. for the company. They also enter the records of the financial transactions made by the company in the companies' database which can be helpful in the calculation for the accountants. Assistant accountants also analyze the financial reports or the raw data available with the company and hand it to the accounting executives who then plan budget, expenditure and calculate profit and loss for the company.

Here are some of the common work responsibilities of accounting assistants.

• Manage and analyze the financial database available with the company
• Verify the records or transactions made by the company and the data available
• Assist the accounting executives and senior accountant is performing calculations
• Help in maintaining confidentiality of the financial records of the company

Job Scope

Accounts or financial transactions are maintained by every business organization; therefore, accountant assistants have huge career opportunities and career scope is also wide. They have opportunities to work in many sectors. Some of the common titles under which an accounting assistant may work are public accounting assistants, management accounting assistants, government accounting assistants, etc.

• A public accounting assistant provides works under the accountants who provide accounting services to the small scale business organizations, consulting services, individuals, etc. After having experience of 1-2 years they may specialize in forensic accounting or pursue certification in accounting and work as Certified Public Accountant.
• Management assistant accountants are the accountants who assist the accountants in handling corporate and industrial accounts. They work in big business organizations which come under private sector and help them in collating their financial data.
• Government accounting assistants work under the assistance of government accounts. They assist them in tracking revenues of the company and planning budget for the companies they work. They should have keen knowledge of all the legal procedures related to the government offices.
• Accounting assistants who work as internal auditors help in assessment of the financial records and bills maintained by the company are called as assistant internal auditors. They make sure that the entries made in the companies' database are valid and appropriate and will not cause any legal issues for the company.

Work Environment

Accountant assistants need to work under the assistance of senior accountants and accounting executives. They work in office environment and sometimes if they are working in accounting service providing firms then they have to visit client site to get necessary information from them. They do not take any financial decisions themselves, but take help of the senior officials in deriving conclusions and taking decisions.

Current Industry Trends and Employer's Requirements

Employer's usually prefer fresh graduates and post-graduates in finance, accounting, sales or law for this position. Some employers also recruit experienced professionals (not more than 1 year of experience) in any related field. Accounting assistants should be aware of the advanced software used for accounting purpose.

Career Path and Growth Opportunities

Experience as an accountant assistant is an important milestone to make a prosperous career in any accounting and finance field. Assistant accountants can work as accountant executives, accountant managers, etc.

Hope the accounting assistant work profile provided here helps you in finding a job in this field and understanding the profile in detail.