Financial data and information give an overall picture of a company’s financial health. This is crucial to making sound business decisions and strategies. Which is why it is essential for any organisation to have the right people to work the numbers and provide accurate and complete financial data – they are the Bookkeepers.
What does a Bookkeeper do?
They oversee the financial going-ons of the business. They record and keep track of all financial transactions – payroll, expenses, purchases, sales, etc., and they prepare key financial statements and reports. Bookkeepers work with the company’s bank accounts and records, handle accounts payable and receivable while ensuring compliance.
What skills do Bookkeepers need to have?
Working with spreadsheets and databases is central to a bookkeeper’s role. They should also have the ability to adapt to working with new software and online platforms such as Quickbooks, Xero, MYOB, Sage and Reckon. Other valuable employability skills include:
- High attention to detail
- Problem-solving skills
- Communication skills
- Organisational skills
- Time management
- Integrity and transparency
Why consider a career in Bookkeeping?
People who enter the bookkeeping profession enjoy working with numbers and a systematic approach to processes. Many also consider a career as a bookkeeper with the opportunity to work from home and enjoy work and life balance.
According to Talent.com, the average Bookkeeper salary in Australia is $66,300 per year or $34 per hour. Entry-level positions start at $59,475 per year while most experienced workers make up to $78,625 per year.
In AOT’s finance courses, you will use spreadsheets and templates as part of your training, which are not written to a specific accounting software. You will then be able to apply the skills and knowledge you learn to any software you work with in the future.
Want to start a career as a bookkeeper?
AOT has courses in bookkeeping to help you develop the skills for the job.