An Assistant Accountant supports the finance team by handling daily bookkeeping, processing transactions (AP/AR, payroll), maintaining records, reconciling accounts (bank, balance sheet), preparing financial reports/statements, assisting with budgets, and ensuring accuracy in ledgers, often preparing documents for month/year-end closes and audit support. They are key support for senior accountants, ensuring smooth day-to-day operations and compliance.
Key Responsibilities
Financial Record Keeping: Maintaining accurate general ledgers, balance sheets, and financial databases.
Transaction Processing: Handling accounts payable (invoices, purchase orders, expense reports) and accounts receivable (raising invoices, credit control).
Reconciliation: Performing bank reconciliations and verifying account balances.
Reporting: Assisting in preparing management accounts, P&L statements, and financial reports.
Payroll: Processing weekly or monthly payroll and related documents.
Budgeting & Forecasting: Supporting the preparation of annual budgets and tracking expenses.
Audits: Assisting with internal and external audit coordination and documentation.
Compliance: Helping with VAT returns and ensuring adherence to financial regulations.