What does an Assistant Accountant do?
Assistant Accountants organize and update financial records and create documentation such as payment orders and purchase orders. They help businesses follow their budgets, make sure additional expenditures are necessary, and research prices and pay rates to find ways to save the company money. Some Assistant Accountants focus on keeping records for taxes and making payments when needed. Others compile financial reports for executives and board members so that they can easily understand the company’s growth and financial prospects.
Assistant Accountant skills and qualifications
Successful Assistant Accountants must be willing to work under pressure, meet strict deadlines, and pay attention to a variety of complex details. Some top skills and qualifications for Assistant Accountants include:
- Excellent written and verbal communication skills
- Ability to plan ahead and adapt
- Understanding of basic math, how to track expenses, and how to follow a budget
- Knowledge of local, provincial, and federal tax laws
- Ability to use Microsoft Excel and relevant accounting software
- Ability to keep company financial records confidential
Assistant Accountant experience requirements
Most Assistant Accountant jobs prefer people with some financial experience, but some positions will consider candidates with no experience. However, all Assistant Accountants need to be familiar with interest rates, tax laws, and common accounting terms.
Assistant Accountant education and training requirements
Most Assistant Accountant jobs require a secondary school diploma or GED and an associate or bachelor’s degree in accounting, finance, or a similar field. Some positions require certification or licencing. On-the-job training is usually needed as well.
Assistant Accountant salary expectations
According to Indeed Salaries, the average Assistant Accountant earns a salary of $19.08 per hour in Canada. This is dependent on a variety of factors such as location, level of experience, company, and the industry they work in.
Job description samples for similar positions
If an Assistant Accountant isn’t exactly what you’re looking for, here are some similar job description samples that may suit your business needs: