Bookkeepers

Bookkeepers maintain and evaluate records of financial transactions in account books and computerised accounting systems.

  • The Job
  • The Facts
  • Related Courses

What the job involves

  • Keeping financial records, and maintaining and balancing accounts using manual and computerised systems
  • Monitoring cash flow and lines of credit
  • Preparing and producing financial statements, budget and expenditure reports and analyses using account books, ledgers and accounting software packages
  • Preparing invoices, purchase orders and bank deposits
  • Reconciling accounts against monthly bank statements
  • Verifying recorded transactions and reporting irregularities to management
  • May be required to prepare forms reporting business tax entitlements and obligations such as the amount of goods and services tax paid and collected

Key values of workers in Bookkeepers

  • Relationships

    Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.

  • Achievement

    Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.

  • Working Conditions

    Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.

  • Independence

    Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.

  • Recognition

    Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.

Top skills required for workers in Bookkeepers

  • Reading Comprehension

    Understanding written sentences and paragraphs in work-related documents.

  • Active Listening

    Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Critical Thinking

    Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

  • Writing

    Communicating effectively in writing as appropriate for the needs of the audience.

  • Speaking

    Talking to others to convey information effectively.