Accountant Trainee Job Description

Accountant Trainee Job Description

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Accountant trainee provides technical and administrative support on processes such as onboarding, promotions, illness, and offboarding through the use of tools such as Excel, CRM and payroll&time systems.

Accountant Trainee Duties & Responsibilities

To write an effective accountant trainee job description, begin by listing detailed duties, responsibilities and expectations. We have included accountant trainee job description templates that you can modify and use.

Sample responsibilities for this position include:

Invoice coding in SAP for travel expenses and suppliers’ invoices
Post accruals, prepayments
Processing of European payroll
To assist in producing the monthly management accounts
To produce monthly balance sheet reconciliations including detailed reconciliation of sales and cost of sale accruals
To assist in the preparation of the month end files
Produce KPI information
Producing budget and forecast information
Managing Treasury System for all Europe
Responsible for executing transactions on the European Holding Company bank accounts

Accountant Trainee Qualifications

Qualifications for a job description may include education, certification, and experience.

Education for Accountant Trainee

Typically a job would require a certain level of education.

Employers hiring for the accountant trainee job most commonly would prefer for their future employee to have a relevant degree such as Collage and University Degree in Accounting, Auditing, Finance, Education, Taxation, Business, Business Law, Economics, Graduate, Accountancy

Skills for Accountant Trainee

Desired skills for accountant trainee include:

Especially Excel and Outlook
IT tools
SAP
MS Office Tools
English language
German Language
MS office
Word and Excel
Excel & Outlook
Accounting and finance principals and disciplines

Desired experience for accountant trainee includes:

Someone who has a keen interest in IT and using IT systems to provide accurate information for decision making
Ability to work to dealines in a fast paced environment
Prepare, analyse and post journals at month end
Assist with the calculation, posting and analysis of monthly accruals and prepayments, ensuring that all items are accurately captured and accounted for
Assist with the preparation and analysis of balance sheet reconciliations at month end, proactive follow up on reconciling items
Assist with the preparation of monthly statutory tax returns

Accountant Trainee Examples

1

Accountant Trainee Job Description

Job Description Example
Our innovative and growing company is hiring for an accountant trainee. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for accountant trainee
  • Identifying opportunities for continual improvement where possible
  • Assist with the production of monthly financial statements and reports
  • Assist with the monthly and annual account reconciliations in line with appropriate local, national, international legislative requirements – and close activities
  • Prepare tables, charts, and other exhibits for reports
  • Process of travel expenses in line with the company policy
  • Review weekly supplier payment runs
  • Preparation of regulatory, statistical and prudential returns in line with regulatory guidelines and internal bank procedures
  • Liaising with Finance and other bank colleagues as part of the preparation process
  • Supporting the team with development of solutions to continuously improve and deliver efficiencies in meeting ongoing reporting requirements
  • Supporting other reporting project requirements as required within the team
Qualifications for accountant trainee
  • Supporting prompt responses and resolution of all queries received from Group/Regulator and other Group's staff members
  • Documentation of procedures as required
  • Meet objectives as set out in the work plan attached to the annual performance review
  • Ensures the production of relevant reports and controls
  • Ensuring that reporting is produced in line with technical requirements
  • Ability to demonstrate ownership and responsibility for the role from an early stage is necessary
2

Accountant Trainee Job Description

Job Description Example
Our innovative and growing company is hiring for an accountant trainee. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for accountant trainee
  • Production and review of monthly management accounts ensuring adherence to strict deadlines
  • Completion of quarterly forecasts
  • Completion of annual budgets in conjunction with the operational teams and presentation of plans including key variances, risks and opportunities to Finance Manager and Account Director
  • Complete sample checks on internal and external payment proposals, making recommendation to the Finance Manager about invoices to be paid
  • Supervises the daily valuation workflow of client relationships
  • Ensures timely and accurate results for each of the funds within each relationship
  • Ensures that all reconciling items are followed up and escalated where necessary
  • Ensures that all agreed deliverables are met
  • Be the 1st point of escalation with clients for queries / issues
  • Ensures all fee budgets and performance fees calculations are agreed with the client on an annual basis
Qualifications for accountant trainee
  • Identify in each case when an invoice will be paid
  • All accounting for Ransomes Limited
  • Complete all bank reconciliations on a weekly/monthly basis (Sterling, Euro, US Dollar and Yen)
  • Prepare Weekly and Monthly Cash Flow reports and forecasting
  • Assist with internal audit and maintenance of authority levels
  • Daily management of the Wells Fargo factoring schemes
3

Accountant Trainee Job Description

Job Description Example
Our company is hiring for an accountant trainee. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for accountant trainee
  • Monitor operational risks & report key risk to management
  • Keep up to date on any technical and regulatory developments within the business
  • Liaise with the clients / custody back office / clearing broker(s) …etc
  • Assists Head of Ops to improve processes to reduce risk and improve productivity
  • Assist/lead the production of Statement of Accounts and supporting audit pack and liaising with auditors
  • Maintenance of the councils asset register including all necessary ledger entries (including but not limited to addition, revaluation, impairment, depreciation and disposal)
  • Monitoring, reporting, forecasting and closing down the council’s collection fund (Council Tax/Business Rates) and preparing the necessary financial statements/notes to accounts
  • Managing the treasury investment and borrowing function on behalf of the council, ensuring that cash surplus investments or borrowings are made within limit and policy
  • Ensuring balance sheet and bank reconciliations are completed and reviewed on time to meet contracted deadlines
  • Review monthly VAT returns and annual partial exemption
Qualifications for accountant trainee
  • You should be interested in studying the ACCA qualification (company support given)
  • Process and submit all payment runs for authorisation
  • Month end close and account reconciliation process
  • Monthly billing of costs to the relevant US Division
  • Prepare the quarterly VAT return
  • Reconciliation of monthly payrolls and appropriate recharging
4

Accountant Trainee Job Description

Job Description Example
Our growing company is looking to fill the role of accountant trainee. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for accountant trainee
  • Passionate and relentless - you`ll achieve yours, colleagues, and the businesses ambitions, in a multitude of ways and overcoming setbacks along the way
  • Personal and authentic - you will create your own personal brand, being approachable to our people and Leaders, with a strong sense of humility
  • Ensure the timely, accurate and complete preparation/posting of journals at the accounts month end close
  • Help investigate and report anomalies arising from accounts preparation with your line manager and other Management Accountants in the Finance team
  • Provide supporting analysis to your line manager and the Management Accountants to help articulate the story of monthly performance in the group management accounts
  • Assist with the reconciliation of balance sheet accounts to ensure our financial position is accurate
  • Carry out administrative tasks under the remit of the Management Accounts team
  • Assist on projects as required outside of normal duties
  • Provide support to the wider senior Finance team and peers as required
  • Collation, co-ordination, consolidation and production of Group plans, budgets and forecasts in accordance with agreed timetables, achieving consistency of approach wherever possible
Qualifications for accountant trainee
  • Experience in migrations / parallel run an advantage
  • Well rounded experience within financial roles
  • Wide/vast experience of reconciliations
  • Good attention to detail and problem solving
  • Use of Agresso and/or Integra ERP systems
  • Production of financial statements
5

Accountant Trainee Job Description

Job Description Example
Our growing company is looking to fill the role of accountant trainee. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for accountant trainee
  • Able to write formal reports
  • Performs day-to-day activities in preparing, processing and archiving Accounts documents to ensure accurate and timely reporting
  • Liaises with the other units in preparation and approval of client`s and vendor`s invoices
  • Communicate issues with local management and SSC team members, propose and take actions to solve un-reconciling items
  • Participates in team meetings, discussions and other activities as required in order to improve the quality of the operation
  • Maintain the sales database on Hyperion – update weekly with the movements
  • Daily update of cashbooks
  • Review weekly payment runs and present for approval
  • Sales Ledger maintenance
  • Weekly cash forecasts
Qualifications for accountant trainee
  • Collection Fund accounting experience
  • Daily management of the Wells Fargo factoring scheme
  • To assist with the monthly financial control reconciliations
  • To prepare the monthly group VAT return and Intrastat return on a rotational basis
  • Assist with the processing of company expense claims using the Concur expense reporting system (VAT compliance) and TSV US invoice processing
  • Learn procedures and to provide cover for essential tasks (daily file transfers, and all treasury functions)

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