An Accounting Clerk focuses more on the administrative side where they will be handling with day to day transactions and doing bookkeeping tasks.
The roles differ depending on the size of the company. A large company assign them to a particular task whereas smaller firms would have more responsibilities.
What are Accounting Clerks job Role?
To prepare periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis
Preparing reports, budgets,
Supporting all departments and the management supporting them to making financial decisions.
Ensuring spending is kept in line with the budget
Provide accounting and clerical support to the accounting department
Type accurately, prepare and maintain accounting documents and records
Prepare bank deposits, general ledger postings and statements
Record Sales and Purchase Invoices, Back Statements, Reconciliation and VAT Returns
Daily enter key data of financial transactions in database
Research, track and restore accounting or documentation problems and discrepancies
Inform management and compile reports/summaries on activity areas
What skills are required for the role of Accounting Clerk?
Attention to detail
Knowledge on Computerised Accounting
Excellent communication and administrative skills
Experience with bank reconciliation and tracking credit card transactions
How do you become an Accounting Clerk?
You will need a degree in the following subjects:
Accounting or Business related subjects (BA)
Training on Computerised Accounting
What is the Average Salary of Accounting Clerk?
Salaries depend on the size of the business, location and type of company. The starting salary for newly graduated students will be £28,000.
After completing CIMA qualification (Chartered Institute of Management Accountants) your base salary will be £33,000. The more experienced you are, the higher your pay. Senior Management Accountants earn from £65,000.
How can Future connect Training train you to become Accounting Clerk?
Future Connect Training will help you to gain experience in controlling accounts
Assessing a businesses situation using Financial Statements
Budgeting, forecasting and variance analysis
Computing and processing accruals and pre payments
Reviewing balance sheet reconciliations
Recommending improvements to financial and accounting systems
Evaluate the company’s performance using financial data
Managing the performance of the assistant accountant