Assistant Accounting Manager
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- What's it like to be an Assistant Accounting Manager?
- How to become an Assistant Accounting Manager
- Latest Assistant Accounting Manager jobs
- Top skills and experience for Assistant Accounting Managers
What's it like to be an Assistant Accounting Manager?
An Assistant Accounting Manager supports the Accounting Manager in a variety of financial activities, often including the preparation of financial reports, performing account reconciliations and maintaining the general ledger. Common responsibilities also include assisting with budget preparation and financial planning processes. This role often involves managing a small accounting team in larger organisations, and working closely with other departments to help make decisions about company budgeting, cost reduction and asset management. Assistant Accounting Managers can be found across all industries, working either within organisations or at accounting firms providing services to multiple clients. Strong attention to detail, numerical accuracy and data analysis skills are integral to this role.
Tasks and duties
- Assisting in the preparation of financial reports and records.
- Conducting regular audits to ensure compliance with statutory laws and financial regulations.
- Monitoring and managing the accounts payable and receivable functions of a company.
- Evaluating current accounting practices and suggesting improvements where necessary.
- Performing tax planning and compliance duties in collaboration with external tax auditors.
- Overseeing the work of accounting staff and providing guidance when necessary.
- Assisting with budget preparation and financial planning processes.
How to become an Assistant Accounting Manager
- 1.Obtain a bachelor’s degree in Accounting, Finance, or a related field, preferably with CPA/CA qualification recognized by a local accounting body.
- 2.Gain several years of relevant experience in various accounting functions such as financial reporting, budgeting, or auditing, and specialise according to your chosen field.
- 3.Develop proficiency in accounting software like Systems, Applications, and Products in Data Processing Enterprise Resource Planning (SAP ERP) and Microsoft Office applications, especially Excel.
- 4.Acquire a strong understanding of financial reporting standards, local tax regulations, and industry-specific accounting practices.
- 5.Enhance your interpersonal, communication, and leadership skills, demonstrating meticulousness and the ability to thrive under pressure.