Bookkeeper Job Description & Resources

Additionally, there may be other responsibilities based on the unique needs of your business. For example, a bookkeeper may be required to learn a specific accounting software system or participate in certain meetings. You will work closely with company financial Bookkeeper Job Description professionals and management, and outside vendors. Success in this role will be demonstrated through accurate payment and financial transaction processing. A bookkeeper can expect to earn a salary in the range of $30,000-$60,000 a year in the US.

Encourage your bookkeeper to pursue continuing education opportunities, such as workshops, online courses, and certifications, to enhance their skills and stay current with industry trends. This investment in professional development can result in improved performance, increased job satisfaction, and a stronger financial foundation for your organization. A compelling and accurate job description is essential for attracting the right bookkeeper candidates.

Welcoming Your New Bookkeeper

To help you get started with crafting your bookkeeper job description, we have provided several templates below. These templates cover various industries and can be customized to fit your organization’s specific needs. Experience in bookkeeping or a related field is often a requirement for bookkeeper positions.

• They also prepare reports for the managers and trial balances to assist the accountants.
• For the most part, however, detailed journal entries and month-end reconciliation are done by a controller or outside CPA firm.
• For example, a bookkeeper may be required to learn a specific accounting software system or participate in certain meetings.
• Additionally, seek referrals from your existing employees, industry contacts, and local bookkeeping or accounting associations.
• Ultimately, the Bookkeeper’s responsibilities are to accurately record all day-to-day financial transactions of our company.
• A strong job description ensures that potential candidates understand the responsibilities and requirements of the position, leading to a better fit for your organization.

The duties include recording transactions, for instance, incomes and expenditures, and posting them to several financial accounts. Various forms are required by the federal and state governments that are often completed by the bookkeeper. These can include forms and reports for workers’ https://kelleysbookkeeping.com/what-is-a-schedule-c-irs-form/ compensation and pension or retirement accounts. Bookkeepers run regular reports for owners or management to keep them apprised of cash flow, budgeting and other vital financial matters. Some bookkeepers enter information into and reconcile basic general ledger accounts.

What Does a Bookkeeper Do?

Employee time sheets, where applicable, are collected by a bookkeeper and entered into the payroll accounting system. A bookkeeper can process and run payroll checks in-house or send reports to an outside payroll processing service that prints the checks for the company. Payroll duties might include monitoring payments to salaried employees, reconciling and paying commissions, reimbursing employee expense reports and processing wage garnishments. The accounts receivable process in a small business begins with billing customers for goods or services. Bookkeepers prepare and send invoices to customers and ensure they are entered into the proper accounts in the accounting system. Typically once a month, customer statements are prepared and sent out and bookkeepers often contact customers with past-due invoices to make payment arrangements.