what is an accounts assistant?

An accounts assistant is a finance professional responsible for supporting an organisation's accounting department in managing daily financial tasks, record-keeping and reporting. This versatile role encompasses various responsibilities, from processing invoices and maintaining financial records to reconciling bank statements and assisting with payroll. As an accounts assistant, you are part of a team working to ensure the company's finances are accurate, up-to-date and compliant with relevant regulations.

You play a crucial role in the financial health of a company by contributing to effective financial management and decision-making. You support senior accountants and financial managers in preparing financial reports, budgets and forecasts. As an accounts assistant, you also liaise with other departments to resolve any financial discrepancies or issues. With a keen eye for detail and strong numerical skills, you help maintain financial control and contribute to the organisation's overall financial strategy.

If a career in finance, working with numbers and playing a vital role in a company's financial success appeals to you, consider becoming an accounts assistant. Continue reading to learn more about the average salary, factors affecting pay, work environment and skills required for this in-demand profession.

accounts assistant jobs

average salary of an accounts assistant

According to Payscale, the average salary of an accounts assistant is ₹225,079 a year. This average varies based on experience, location and company size. Entry-level accounts assistants earn around ₹176,676 per annum, while those with several years of experience may earn ₹402,363 or more. Additional qualifications or specialisations also positively impact salary prospects, making it a competitive and rewarding career choice.

factors that affect an accounts assistant’s pay

The salary of an accounts assistant depends on several factors, including experience, qualifications, location and company size. With more experience, you can expect your salary to increase as you take on additional responsibilities and become more proficient in your role. Higher qualifications, such as a master's degree in finance or relevant accounting certifications, also lead to better pay as they demonstrate your expertise in the field.

The location plays a significant role in determining pay scales, as accounts assistants working in metropolitan areas or large cities like Mumbai, Delhi and Bangalore typically command higher salaries. This is due to increased living costs and a higher demand for their skills. Smaller cities or rural areas usually offer lower salaries, but you will typically be subject to lower living expenses and a less competitive job market.

Company size is another factor that influences your salary. Larger corporations and multinational companies generally offer higher salaries compared to small and medium-sized enterprises. However, working for a smaller company can offer more diverse experiences and opportunities for professional growth. Additionally, performance-based bonuses and employer-specific benefits, such as health insurance or retirement plans, contribute to your overall compensation package.

Smiling woman looking away from computer screens displaying financial information
Smiling woman looking away from computer screens displaying financial information

types of accounts assistants

The most common types of accounts assistants include:

  • accounts payable assistant: an accounts payable assistant focuses on managing a company's outgoing payments, processing invoices from suppliers and ensuring that payments are made promptly and accurately.
  • accounts receivable assistant: an accounts receivable assistant is responsible for managing incoming payments from clients, issuing invoices and ensuring that payments are received on time while maintaining accurate records.
  • payroll assistant: a payroll assistant supports the payroll department in calculating employee wages, processing timesheets and ensuring that all deductions, such as taxes and benefits, are accurately applied.
  • general ledger assistant: a general ledger assistant is responsible for maintaining the accuracy of a company's general ledger, recording financial transactions and assisting in the preparation of financial statements and reports.

working as an accounts assistant

As an accounts assistant, you enjoy a dynamic work environment with diverse responsibilities, supporting a company's financial operations. Your attention to detail and problem-solving skills will contribute to the company's financial success. Read on to learn more about the duties, work environment and skills required for this rewarding profession.


education and skills

Some of the academic qualifications for accounts assistants include:

  • bachelor’s degree: a bachelor's degree in accounting, finance or another related field is typically required for an accounts assistant position. Some employers may accept candidates with a diploma in accounting or finance coupled with relevant work experience.
  • certifications: pursuing certifications demonstrates your commitment to professional development. These certifications help you stand out from the competition, leading to higher salaries or more advanced roles.

accounts assistant skills and competencies

Some of the qualities of an accounts assistant include:

  • time management: in the fast-paced world of accounting, you must be able to manage your time efficiently and prioritise tasks to meet deadlines. This involves balancing multiple responsibilities, such as processing invoices and reconciling accounts, while ensuring that all work is completed accurately and on time.
  • communication skills: you must have strong verbal and written communication skills, as you are often required to interact with various stakeholders, including colleagues, suppliers and clients. Your role involves explaining financial information, discussing discrepancies and providing updates on accounts.
  • technical proficiency: familiarity with accounting software, such as Tally, QuickBooks and MS Office applications like Excel, is essential for accounts assistants. These apps enable you to efficiently manage financial data, create reports and analyse financial information.
  • numeracy skills: accounts assistants must possess strong numerical skills and the ability to work with financial data accurately. Numeracy is crucial for processing transactions, maintaining records and ensuring financial information is correct.
Smiling woman talking to colleagues, standing between desks.
Smiling woman talking to colleagues, standing between desks.

FAQs about working as an accounts assistant

Here, you will find the answers to the most frequently asked questions about the profession of accounts assistant.

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