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What does a Financial Assistant do?

Photo of Brenna Goyette
Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

A financial assistant is responsible for a variety of tasks related to the financial operations of a company. They may maintain financial records, prepare reports, and assist in budgeting and forecasting. Financial assistants may also be responsible for invoicing customers and processing payments.

Financial Assistant job duties include:

  • Maintaining financial records
  • Assisting with budget preparation
  • Processing invoices and payments
  • Reconciling bank statements
  • Generating financial reports
  • Assisting with auditing
  • Filing tax returns
  • Managing investments
  • Providing customer service
  • Handling accounts receivable and accounts payable

Financial Assistant Job Requirements

A financial assistant typically needs at least a bachelor's degree in finance, accounting, economics, or a related field. Certification as a Certified Public Accountant (CPA) is preferred but not always required. Financial assistants should have strong math skills and experience using financial software. They should also be detail-oriented and able to spot errors. Excellent communication skills are important for financial assistants, who often work with clients and other professionals.

Financial Assistant Skills

  • Analytical skills
  • Profit and loss analysis
  • Financial analysis
  • Budgeting
  • Forecasting
  • Variance analysis
  • Financial reporting
  • Accounts payable
  • Accounts receivable
  • Invoicing
  • Collections

Related: Top Financial Assistant Skills: Definition and Examples

How to become a Financial Assistant

The job of a financial assistant is to provide support to the financial department of a company. They handle a variety of tasks, such as preparing financial reports, maintaining records, and assisting with budgeting and forecasting. Financial assistants must be able to work independently and be detail-oriented.

If you are interested in becoming a financial assistant, there are a few things you can do to increase your chances of being hired. First, get a degree in accounting or finance. This will give you the basic knowledge you need to perform the job duties. Next, get some experience by interning or working in an entry-level position in the financial department of a company. Finally, develop strong computer skills, as most financial assistants use software programs to perform their tasks.

With the right education and experience, you can become a financial assistant and help keep a company’s finances in order.

Related: Financial Assistant Resume Example

Related: Financial Assistant Interview Questions (With Example Answers)

Editorial staff

Photo of Brenna Goyette, Editor

Editor

Brenna Goyette

Expert Verified

Brenna is a certified professional resume writer, career expert, and the content manager of the ResumeCat team. She has a background in corporate recruiting and human resources and has been writing resumes for over 10 years. Brenna has experience in recruiting for tech, finance, and marketing roles and has a passion for helping people find their dream jobs. She creates expert resources to help job seekers write the best resumes and cover letters, land the job, and succeed in the workplace.

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