A Bookkeeper's job description may vary depending on people's different perspectives. It, however, outlines and explains the primary roles of a bookkeeper. The duties may vary depending on a company's needs, but the primary functions of bookkeeping remain unchanged.
Nowadays, there has been a high demand for good and accurate bookkeepers. This is because they are the primary key to running the critical operations of a firm or institution. To do bookkeeping efficiently, one should have detail-oriented skills that make sure that a person can keep up with a company's income, expenditure, and tax requirements. It is also vital for one to have familiarity with accounting software as most firms use the programs to solve payment issues, make transaction reports, and balance financial accounts. Bookkeeping best suits individuals who love working with numbers (hint, hint, you accountant types).
Basic Bookkeeper's Job Description
The general purpose of a bookkeeper is maintaining the financial records of an institution. This is by making sure there is an accurate record of the financial transactions of the firm on the day to day activities. The primary duties and responsibilities include developing systems to show the financial activities made on a daily basis, by establishing a chart of accounts. This defines the bookkeeping procedures and policies.
Bookkeepers are also responsible for maintaining subordinate accounts by verifying and allocating transactions. The bookkeepers are also responsible for balancing accounts by reconciling entries making sure that nothing is lost or omitted in between. Other than accounting, other duties associated with bookkeepers include;
Office Administration – in Other Words, Rich in Secretarial Skills
A good bookkeeper is supposed to be trustworthy, organized, and knowledgeable about the administrative duties. The bookkeepers are liable for handling business finances which include cash, and therefore, they should be cautious and capable of accounting for every transaction made to make sure that no funds are misplaced or misallocated. They should keep receipts and other financial documents filed for future reference in case of a misunderstanding on financial transactions. There is the need for a smooth workflow to make sure that one is not behind on paperwork requirements and accounting demands. This is where administrative tasks come in.
A bookkeeper must have excellent office communication skills. The bookkeeper meets with the department managers and supervisors from time to time for budget discussion and checking how the firm is fairing financially. Excellent skills will help in the proper presentation of the purchase made and other transactions in the accounting program.
The bookkeeper is also responsible for releasing account reimbursements and collecting receipts from workers. It is, therefore, a requirement for the bookkeeper to communicate well with co-workers on a daily basis to for smooth operations.
Online Options — Education and Bookkeeper Certification
Although having a high school diploma is all one needs to become a bookkeeper, most firms prefer hiring individuals with higher education levels like business and accounting courses and/or degrees. Online Bookkeeping certification programs may require one to have a college coursework in accounting and have qualifications in different business fields to be outstanding among other job applicants. Also, it is essential to have a previous clerical experience and have familiarity with accounting software programs.
Expected Salary for a Bookkeeper
Demand for bookkeepers, accountants, and clerks is rising. This has resulted in a rise in bookkeeper salary. As businesses and firms increase, there will be the need for more bookkeepers to maintain financial records. The salary ranges between from $50,000 to $60,000. This adds up to about $20 to $ 30 per hour.