Monday, May 27, 2024

Duties and Responsibilities of an Assistant Accountant

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Nyongesa Sande
Nyongesa Sandehttps://bizmart.africa
Nyongesa Sande is a Kenyan blogger, Pan Africanist,c olumnist Political Activist , blogger, informer & businesman who has interest in politics, governance, corporate fraud, human rights and television personality.

An Assistant Accountant, or Accounting Assistant, supports the Accountant in completing basic bookkeeping, clerical and accounting tasks for a company. Their duties include preparing company budgets, building and assessing financial reports and managing a business’ payroll processes.

Assistant Accountant Duties:

  • Manage the accounts payable and accounts receivable departments of a company, ensuring that all invoices received are processed and paid in a timely manner
  • Oversee the purchasing department, ensuring that all supplies are purchased as needed
  • Prepare draft financial statements and reports for company management
  • Manage payroll, taxes, and other financial aspects of the company
  • Research all costs of new procedures/products, ensuring the best pricing is obtained
  • Create and maintain financial spreadsheets and databases
  • Create and maintain spreadsheets and databases for financial record keeping
  • Create and maintain spreadsheets and databases for financial record keeping
  • Record, code, and summarize accounting data using accounting packages
  • Train junior employees on accounting procedures
  • Develop and maintain spreadsheets and databases for financial record keeping

Assistant Accountant Responsibilities:

  • Prepare and review journal entries, bank reconciliations, account reconciliations, and other financial transactions
  • Maintain fixed asset database
  • Support accounts payable and receivable
  • Review financial statements and reports
  • Perform other accounting duties as required
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