What is an Assistant Manager/Accounting?

If you have a head for numbers and enjoy working with finances, then a position as an assistant manager in accounting may be a good career choice. An assistant manager/accounting researches and analyzes financial information, such as profit and loss, and generates reports to identify ways in which a business or organization can better manage its money. An individual in this role looks at organizational liabilities, financial assets, potential tax liabilities, and other monetary records.

Assistant managers report, often work under, and assist the manager of accounting in the daily financial management of a business or organization. Assistant accounting managers supervise product and service inventory, analyze quarterly project profitability, determine the probability of losses or gains, and are responsible for overseeing the daily operations of the accounting department. These individuals establish and maintain proper accounting policies and procedures, manage accounts payable/receivable, payroll, receipts, and analyze revenue and expenses, as well as analyze accounting data and produce financial reports and statements to management. Assistant accounting managers typically work in an office environment during a normal workweek, and have good math, communication, organization, and computer skills.

Most assistant accounting managers may have a degree or certificate in accounting, finance, business, or a related field, but such a degree is not required if the individual has some experience in accounting. Many individuals in this field make up to $71,000 per year, and job growth is estimated to increase in the US by 4% by 2029.