Accounts administrators are responsible for all accounting work related to taxes, including bookkeeping and invoicing. Accounts administrators coordinate with the management and give recommendations for the improvement of quality of accounting, and also provide operational support. The roles and responsibilities of an accounts administrator are as follows:
- Manage obligations to suppliers, customers, and third-party vendors.
- Process bank deposits.
- Reconcile financial statements.
- Prepare, send and store invoices.
- Contact clients and send reminders to ensure timely payments.
- Submit tax forms.
- Identify and address discrepancies.
- Report on the status of accounts payable and receivable.
- Update internal accounting databases and spreadsheets.
To be a successful accounts administrator an individual should be proficient with numbers and have great analytical skills. The working hours for accounts administrator are 9 to 5, and can often lead to overtime during year-end closing. An accounts administrator needs to work with a team in a business environment. The job can be full-time or part-time, permanent or contractual, depending on the vacancy that you are applying for.
Average accounts administrator salary in United Kingdom
The average salary of an accounts administrator in the United Kingdom is £20,923/yr. The average is calculated from the sample of four different hiring websites.
The salary range of an accounts administrator varies from £15,000 to £30,000 in the United Kingdom. This range is due to many factors, variables, which are discussed next.
Variables that determine salary Accounts Administrator in United Kingdom
- Geographical location: The pattern of salaries paid in the United Kingdom varies from location to location. The highest paying cities for accounts administrator of the UK are Bristol and Manchester.
- Level of experience: The experience of an accounts administrator depends; the more experienced the individual is the more pay he/she would get.
Skills, Qualification and Career Development
There is a diverse range of industries and sectors which are looking for accounts administrator. So as an aspiring accounts administrator you can work in any field and sector of your interest. A large to medium-sized organization has an in-house account and finance department. There are certain agencies that specialize in providing financial services to organizations and can be your future hiring organization.
A bachelor’s degree in finance, accounting, or a relevant field can help an individual secure a job as an accounts administrator. A prior experience in the field can give you added advantage in gaining a position in an organization.
The skills required by an accounts administrator are as follows:
- Proficiency in an accounting software program.
- Organizational and management skills.
- Public speaking skills.
- Up-to-date knowledge of taxation.
- Attention to detail ability.
- Excellent analytical and numerical skills