While that image may have been accurate many decades ago, that isn’t necessarily the case today. Now, bookkeepers make use of modern tools (as well as some classic ones) to track a company’s financials. They are tech-savvy, number aficionados, and they are a critical part of nearly any company’s operations. This post provides detailed information on the bookkeeper job description, to help you learn the work they do.
Even as a rookie bookkeeper, you need to be familiar with creating financial reports such as a Balance Sheet and Income Statement. Generating financial reports with analyzed financial statements will be part of your bookkeeper job description. A Bookkeeper is a service professional who helps business owners and companies keep track of the money they earn and spend.
Bookkeeper Requirements:
So, it is simpler for bookkeepers to check bank statements in real-time and daily reconcile bank statements. Depositing checks and cash receivable to the bank and writing off against the relevant invoices bookkeeping and payroll services is on the top of the bookkeepers’ to-do list. From depositing bill receivables to issuing receipts to customers at the end of the day, bookkeepers have to manage your business invoices daily.
On the contrary, clients might want to clarify some points mentioned in invoices or need more time to clear payment—they will contact the bookkeeper. Therefore, through call, email, or other communication modes, a bookkeeper should frequently communicate with colleagues and clients. Your good character can exceed your skills, so it’s essential that you develop the right characteristics expected from a bookkeeper. When you stick to good practices, your reputation will precede you and gain you a loyal clientele.
How to choose the right bookkeeper?
As you craft your resume, improve your chances of passing an ATS by keeping your format and font simple and professional. Write a concise summary statement rather than an objective section, as the objective section is increasingly becoming obsolete. Stick to standard headers such as Work Experience, Skills, and Education so you don’t confuse the ATS, and make sure you proofread extensively to avoid spelling errors. If you have a relevant degree, list it, as this can be an excellent qualification that sets you apart from competing applicants. Include the title of your degree, the institution from where you earned it, and the year you graduated.
- Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small business marketing content.
- Bookkeepers oversee a company’s financial data and compliance by maintaining accurate books on accounts payable and receivable, payroll, and daily financial entries and reconciliations.
- If your business deals with foreign currency, your bookkeeper has to maintain an accurate foreign currency account based on the current exchange rate.
- Use the exact wording the description uses to ensure ATS recognition.
- But how do these job duties translate as benefits for your business?
It’s important you’re familiar with the bookkeeper duties and responsibilities before anything else. This way, you’ll know what to expect from the job and what you need to learn or develop within yourself. We are looking for a skilled Bookkeeper to maintain our financial records, including purchases, sales, receipts and payments. They will learn all they need to know about the duties, tasks, and responsibilities that the bookkeeper typically performs, and be able to make the right decision about getting into the career or not. As a bookkeeper, you ensure that all other financial tasks of the organization are properly carried out, including overseas payments, foreign deposits, and provision for bad debts, and reserves. They ensure that the journal and other critical records are maintained in accordance with accounting practices.
