Assistant Financial Accountant Job Description

Assistant Financial Accountant Job Description

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Assistant financial accountant provides tutoring in finance, accounting, and Microsoft Excel at basic, intermediate, and advanced levels to students in programs including (but not limited to) business administration, management, and/or healthcare.

Assistant Financial Accountant Duties & Responsibilities

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

Sample responsibilities for this position include:

CA / CPA Part-Qualified
A strong background within accounting practices or in a similar position within a large ASX organisation
Project and investment reporting, tax group reporting
Year end reporting and audit
Prepare and post journals
Profit and Loss Statement
Preparation of Company Accounts
Preparation of Group Reports - monthly variance reports, monthly guidance reports, consolidated accounts
Monthly Payroll
External reporting including audit, assets and VAT & tax management

Assistant Financial Accountant Qualifications

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

Education for Assistant Financial Accountant

Typically a job would require a certain level of education.

Employers hiring for the assistant financial accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Economics, Accountancy, Management, Education, Professional Accounting, Business/Administration, Technical

Skills for Assistant Financial Accountant

Desired skills for assistant financial accountant include:

Microsoft Excel
Hyperion Finance Management
JD Edwards
Microsoft Office tools
Technical accounting standards
VAT and Corporate Tax Legislation
Business and provide relevant management information as
ERP
Excel
MS Excel

Desired experience for assistant financial accountant includes:

Experience of assisting with statutory accounts production
VAT filing, Statutory reporting and Tax returns, Intrastat
Month and year end Accounting
Implement & monitor all Group procedures ensuring integrity of financial data
Responsible for the monthly sales receipt analysis, posting to the general ledger and liaising with other departments to identify discrepancies
Work closely with the Financial Accountant to prepare the year end statutory accounts

Assistant Financial Accountant Examples

1

Assistant Financial Accountant Job Description

Job Description Example
Our growing company is looking for an assistant financial accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for assistant financial accountant
  • Ensure all tax returns are filed and paid on time - VAT, PAYE, Social Insurance's Maintain access rights and permissions of the ROS system
  • Monitor Bank Balances on a daily basis to ensure adequate cash flow
  • Supervise 2 accounts staff (Payroll/Debtors and Creditors) and perform their duties when required
  • Provide support to the Financial Accounting Manager and the team during month end closing
  • Cover the hedging processes and administration providing support for the hedging team lead
  • Financial Accountant for year end - Assisting budget managers with year-end processes and returns, such as raising manual accruals, giving information on leases
  • Assist with the overall management and control of activities relating to Balance Sheet and P&L
  • Manage all banking requirements - bank reconciliation, cash-flow reporting, bank administration, corporate reporting requirements
  • Maintain the Fixed Asset register and capital expenditure forecast
  • Calculate sales commission accruals
Qualifications for assistant financial accountant
  • Reconciliation's for all debt accounts and liaising with accounts receivable to resolve issues
  • Assist in the preparation of the UK VAT returns and reconcile the VAT balance sheet
  • Assist with the annual budget and forecast
  • Assist with preparation of the balance sheet
  • Part Qualified ACCA, ACA, CIMA or equivalent
  • Experience assisting with the preparation of statutory accounts and VAT returns
2

Assistant Financial Accountant Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of assistant financial accountant. 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 assistant financial accountant
  • PDS reporting and reconciliation
  • Support Cost Centre accounting and reporting - including accruals and prepayments, support review of actual results, forecasting, analysis and reporting
  • Expat reporting
  • Input and delivery of month end P&L and Balance Sheet for reporting to Corporate
  • Assist external auditors in the annual audit - including preparation of audit file
  • Assist in Statutory Account preparation
  • Ensure continual compliance with Corporate Policy and Sarbanes Oxley regulations
  • Administer Travel and Expense tools (Concur and Amex)
  • Assist in standard and ad-hoc corporate reporting
  • Manage Office of National Statistics returns
Qualifications for assistant financial accountant
  • Lease and inventory accounting
  • Experience with the audit process
  • Statutory, regulatory, shareholder and management reporting requirements
  • VAT, Tax, Financial Reporting
  • A master’s degree or equivalent in Accounting/Finance or a related field
  • 3+ year experience of working in an accounting role
3

Assistant Financial Accountant Job Description

Job Description Example
Our company is hiring for an assistant financial accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for assistant financial accountant
  • Develop internal process documentation
  • Provide a single point of contact to the client's financial controller for all finance related queries
  • Coordination of tasks held by Accounts Payable, Accounts Receivable and Buy Center
  • Ensure close process is completed in an accurate and timely manner - preparation of accruals, pre-paid releases, posting of bank transactions
  • Assists the Financial Controller in all financial affairs, preparation of financial reports and forecasts and other related areas
  • Support the preparation of Monthly/Quarterly reporting and ad-hoc requests to divisional and corporate HQ
  • Produce monthly reconciliations of key G/L accounts working with operational sites to identify and resolve any inaccuracies
  • Undertake key balance sheet calculations including prepayments, accruals and reconciliations in order that the accounting and financial position in the accounts accurately reflect the actual position
  • Support cash flow reporting and forecasting and other treasury related matters including bank reconciliations, online payments, payment runs, bank related journals
  • Undertake investigations into variances and financial irregularities in support of maintaining accurate accounting records, specific requests and in support of management
Qualifications for assistant financial accountant
  • Approx 2 years experience within Life Assurance/Financial Services Industry/Accounting firm
  • You will be involved in acquiring new customers providing customer service
  • Minimum 3 years hotel Finance experience
  • Able to handle pressure and conflicting deadlines
  • AAT qualified or part-qualified ACCA
  • Administrative work directly related to business operations involving responsibility for processes and policies of significance
4

Assistant Financial Accountant Job Description

Job Description Example
Our growing company is looking to fill the role of assistant financial accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for assistant financial accountant
  • Consolidate monthly invoices for all large AP suppliers
  • Review of information and code for allocations and posting to cost centres
  • Recharge all cost centres with necessary costs
  • Running group reports for the Reporting Team
  • Ad hoc duties / projects as required by the Financial Reporting Manager
  • Responsibility for key financial reporting processes across all Middle East companies
  • Producing the financial statements for assigned legal entities
  • Assist the team to ensure the accounts progress through audit in a timely manner
  • Taking responsibility for the development of your own technical knowledge, seeking coaching from the qualified members of the team, where required
  • Assist in the roll out of the internal control framework across the SSC
Qualifications for assistant financial accountant
  • Evaluation of financial solutions and results
  • Making recommendations and/or decisions accordingly using professional judgement
  • Consistent exercise of independent judgement and discretion
  • Thorough understanding of standard accounting concepts, practices and procedures
  • Strong attention to detail, good organisational skills and the ability to prioritise with changing situations
  • Ability to problem solve issues of a more complex nature, using special knowledge to analyzes information and standard practices to make judgments
5

Assistant Financial Accountant Job Description

Job Description Example
Our company is looking for an assistant financial accountant. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for assistant financial accountant
  • Supporting the Financial Accountant in the proper maintenance and control over the variance company profit and loss accounts and balance sheets
  • Key knowledge of cost accounting/financial accounting and processes in a high controlled environment
  • An ability to provide innovative solutions to problems
  • High level of numeracy, working with systems and data
  • Excellent attention to details with accuracy and quality focus
  • Produce, present and submit all regulatory returns for the Retail Finance business
  • Compliance with UK GAAP, IAS and internal Volvo Financial Policies and Procedures (FPP)
  • Reconcile all key balance sheet accounts under area of responsibility in preparation for monthly balance sheet proof review
  • Timely and accurate period end accounting for the assigned elements of Renault Truck Commercials Ltd
  • Preparation of analysis as required by the business to investigate the variances against plan and forecast information
Qualifications for assistant financial accountant
  • Financial/Management accountant/Accounts assistant
  • Processing and raising monthly invoices and charges to clients
  • Sales reconciliation and validation of invoicing data
  • Managing general ledger posting of accruals and prepayments
  • Assisting with management of fleet costs in general ledger
  • Supporting contract with other ad-hoc finance requests

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