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