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How to become an Accounting Clerk

How to become an Accounting Clerk

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Accounting Clerk

  • The role of Accounting Clerk is to focus more on the admin side. They handle the day-to-day transactions and bookkeeping tasks.
  • The role of Accounting Clerk depends on the size of business. A large company assign them a particular task, but smaller firms would have more responsibilities.

What is the job role of an Accounting Clerks?

  • Preparation of periodic financial statements, profit and loss accounts, budgets, variance analysis, and cash flows
  • Support the departments and management in making financial decisions
  • Preparing reports, budgets
  • Preparation of bank deposits, general ledger postings and statements
  • To ensure that spending in line with the budget.
  • To provide accounting and clerical assistance to the accounts department.
  • Type with accuracy, prepare and maintain accounting records.
  • Record Sales and Purchase Invoices, Reconciliation of VAT Returns, and Bank Statements
  • Regular data entry of financial transactions in accounting software
  • Tracking and restore accounting or documentation problems and discrepancies. Conduct research.
  • Information to the management and
  • Compilation of reports and summaries

What are the skills requirements for the job role of Accounting Clerk?

  • Attention to detail
  • Teamwork
  • Administration
  • Customer Service
  • Business Knowledge
  • Mathematics
  • Knowledge of computerised accounting/software
  • Experience of bank reconciliation and tracking credit card transactions
  • Excellent communication and administrative skills

How can you become an Accounting Clerk?

You can become an Accounting Clerk if you have a degree in the following areas:

  • Training on computerised accounting/software
  • Accounting or business-related subjects (BA)

What is the average salary of an Accounting Clerk?

  • The salary of Accounting Clerk depends on the size, location and type of employer/company. You can get a start as a new/fresh candidate from £28,000.
  • After completing the CIMA qualification (Chartered Institute of Management Accountants), your base salary will be £33,000. Your more experience can give you a higher salary. Senior Management Accountants can earn from £65,000 £75,000.

How can KBM train you to become Accounting Clerk?

  • KBM Training will help you to gain experience in controlling accounts
  • Assessing a business’s situation using Financial Statements
  • Budgeting, forecasting and variance analysis
  • Computing and processing of accruals
  • Computing and processing of prepayments
  • Reviewing the reconciliations of balance sheet
  • Recommendation for improvements in financial and accounting systems
  • Evaluation of the company’s performance using financial data