What Does an Accounting Assistant Do? - Master of Finance Degrees

Would you like to learn more about the roles that an accounting assistant plays in a firm or organization? Whether you are simply comparing degree options to make the most informed choice or you are currently pursuing a degree in order to become an accountant, you might be interested in learning more about this title. As an entry-level professional, this individual is not required to attend school for several years in order to enter the field. In fact, many individuals who wish to work as an accountant or within the field of finance will follow this pathway to wet their feet and gain experience in the workforce. Read on to learn more about the duties of these professionals as well as how you can become one.

What Do Assistants Do?

Entry-level assistants may work with either an entire department of accountants or with a single accountant to provide support and perform specific tasks. Some of the duties you can expect to perform each day include maintaining the general ledger, reconciling payroll hours, helping process accounts payable and receivable checks and payments, copying documents, answering phones, assisting customers, maintaining the files, and routine bookkeeping. Keep in mind that the actual duties you will perform on a daily basis will largely depend on your experience, the number of accountants within the organization, and the size of the company. Some companies require newer assistants to provide their ability to maintain records or run financial reports before they are given additional responsibilities.

Salary and Demand in the Field

Since procedures and policies have changed the way that organizations file their taxes, the need for accountants has increased over the last several years. Therefore, where the demand for accountants increases, so does the demand for assistants. According to the U.S. Bureau of Labor Statistics (BLS), clerks earned a median pay of $38,390 per year, or $18.46 per hour, in 2016. The highest earning professionals in the 10th percentile earned more than $59,630 in the same year. Considering that most candidates who are entering the field for the first time only need entry-level skills, the salary can be quite attractive for those without experience.

How to Become an Assistant

At minimum, you will need an associate’s degree in order to pursue this career path. When choosing a degree program, keep in mind that most employers prefer that their candidates major in business or accounting and require applicants to demonstrate their computer and math skills prior to being hired. If you are seeking a position with a top firm, you may consider getting certified by the National Bookkeepers Association. Taking time to earn a certification can set you apart from other candidates, allow you to command a higher salary, and give you the opportunity to gain leverage in the field.

Now that you know what accountants’ assistants are and what your job duties would be should you pursue this career, your next step should be mapping out the route you will take. First, enroll in an associate’s degree program from an accredited, reputable school. Pursuing an accredited program is critical to ensuring that your degree will be recognized by potential employers. Then, gain firsthand experience and complete the examination to earn your certification. Doing so can help you become a highly sought-after accounting assistant.