What does a bookkeeper do?
Bookkeepers use accounting software, databases and spreadsheets to record and monitor an organisation’s financial information. They also prepare reports and financial statements. Bookkeepers report any irregularities they identify to management and, occasionally, liaise with clients and other departments regarding matters related to purchasing, payroll, invoicing and receipts.
Often, a bookkeeper is also responsible for preparing and lodging a company’s business activity statements (BAS) with the Australian Taxation Office.
Bookkeeper skills and qualifications
Strong candidates typically demonstrate excellent organisational skills, an eye for detail and a strong commitment to ethics, which may be important for success in this role. Problem-solving abilities and effective time management skills are also valuable competencies that set top candidates apart.
Other technical skills may be required for this role, including:
- proficiency with various accounting software applications, such as Xero and MYOB, as well as an ability to learn new applications quickly
- a strong understanding of basic bookkeeping principles
strong knowledge of financial regulations - good mathematical skills
- data entry skills.
Bookkeeper experience requirements
If you’re hiring for an entry-level role, you may want to seek candidates who have completed an internship or who have gained experience in a similar role, such as an administrative assistant, in which they performed some bookkeeping duties.
For more senior bookkeeping roles, employers typically prefer candidates with several years of experience in a bookkeeping role. If the candidate is a registered BAS agent, they will have gained at least 1,000 or 1,400 hours of relevant bookkeeping experience as part of their BAS agent registration requirements.
Bookkeeper education and training requirements
While there are no formal education requirements to become a bookkeeper in Australia, employers typically prioritise candidates who have at least a vocational qualification, such as the Certificate IV in Accounting and Bookkeeping or the Diploma of Accounting.
These courses meet the minimum educational requirements to become a registered BAS agent. This authorises individuals to prepare and lodge business activity statements on behalf of your business, as well as advise you and represent your business to the Australian Taxation Office regarding a range of tax-related matters.
Some employers may prefer recent graduates with a bachelor degree in accounting or a related field. According to government data from the 2021 census, just under 19% of bookkeepers in Australia have a Certificate III or IV, while just over 17% have a diploma or advanced diploma, and almost 20% hold a bachelor degree.
Bookkeeper salary expectations
Compensation for bookkeeper varies based on experience, company size, location and industry. Find current salary data for bookkeeper roles on Indeed Salaries to help benchmark competitive pay.
Job description samples for similar positions
If a bookkeeper isn’t quite what you’re looking for, consider related job description samples such as:
- assistant accountant
- accounting clerk
- junior accountant
- accounts receivable officer
- accounts payable officer.
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