“Accounting Assistant Manager Job Description”

Accounting Assistant Manager Job Description

An accounting assistant manager is in charge of handling the day-to-day bookkeeping tasks of a business. An accounting assistant manager typically works alongside the accounting manager, providing general financial assistance, from monitoring cash flow to assisting in tax preparation.

Accounting Assistant Manager Job Description

As an accounting assistant manager, you are responsible for providing financial and accounting services to a business. This includes preparing financial reports, participating in budget preparation, maintaining financial records, monitoring cash flow, assisting in creating and executing financial strategies, and assisting in tax preparation.

You are also responsible for conducting detailed financial analyses, interpreting financial statements, and making recommendations to the accounting manager.

Your duties and responsibilities may also include:

• Collaborating with the accounting manager – gathering the necessary data and providing assistance with the budgeting, financial forecasting, and strategic planning
• Managing accounts receivable and accounts payable – monitoring all invoices and ensuring bills are paid in a timely manner.
• Reviewing financial documents – such as bank statements, credit reports, income statements, and balance sheets.
• Performing reconciliation for multiple accounts – balancing the general ledger, bank accounts, and loan accounts.
• Preparing monthly financial reports – monitoring the expenses and income of the business.
• Analysing financial reports – identifying areas of required improvement and providing appropriate recommendations.
• Conducting risk assessment – managing credit risk, market risk, foreign exchange risk, and operational risk.
• Providing general administrative support – filing documents, managing office supplies, setting up meetings and training sessions, etc.

Skills and Qualifications

To land a successful career as an accounting assistant manager, you’ll likely need the following skills and qualifications:

• A bachelor’s degree in Accounting – a degree in finance or business is also beneficial.
• Knowledge of accounting software – such as QuickBooks, Peachtree, and Microsoft Excel.
• Good analytical and problem-solving skills
• Exceptional mathematical skills
• Excellent communication skills – both written and verbal.
• Ability to work independently and as part of a team.
• An organized, detail-oriented approach to work.

What Are the Benefits of an Accounting Assistant Manager?

Careers as an accounting assistant manager offer many benefits, including:

• Growth opportunities – you’ll have the potential to move up in the ranks to a full-fledged accountant or manager with experience
• Competitive pay – depending on the size and scope of the employer
• Job stability – you’ll have job security in this line of work
• Variety – as a manager you’ll have the chance to handle a variety of tasks and financial processes
• Advancement – you’ll gain expertise and experience in accounting regulations, procedures, and strategies