• 03-06-24
  • Marc Dalusag

Assistant Accountant reviewing financial reports and reconciling accounts to support efficient finance operations

Is your Finance team stretched thin? An Assistant Accountant could be the key to boosting efficiency and accuracy in your financial operations!

Typically reporting to the Finance Manager, Financial or Senior Accountant, an Assistant Accountant performs a range of accounting tasks that support the wider Finance team. These tasks vary depending on the size of the company but are crucial for the smooth running of financial processes.

This guide equips you with practical insights, red flags to avoid, and strategies that convert interviews into long-term success stories.

Looking to hire? Contact us today to connect with top Assistant Accountant candidates.

Want to know how Assistant Accountants are positioning themselves in today’s job market? Check out our Resume Guide to see what stands out on candidate CVs.

 

Key responsibilities of an Assistant Accountant

Assistant Accountants are the engine room of your finance team. They handle core accounting processes and provide critical support to senior finance staff.

An Assistant Accountant's typical role may include:

Month-End Preparation

Assisting with the preparation of the General Ledger close for month-end including

Reconciliation

Completion of Bank, General Ledger, and Balance Sheet reconciliations

Fixed Assets Management

Overseeing or assisting with the Fixed Assets Register.


Inter-Company Transactions

Managing transactions between company entities.

Assisting With Tax Compliance

Preparing FBT, GST, and BAS returns for manager review.

Ad Hoc Duties

Supporting the broader team as needed.

Accounts Support

In smaller companies, the role of Assistant Accountant can also involve Accounts Payable, Accounts Receivable, and Payroll.

 

Hiring an Assistant Accountant to enhance financial accuracy and support the finance team’s workflow

 

Why Hiring the Right Assistant Accountant Matters

An Assistant Accountant contributes far beyond data entry:

1. Improve Efficiency

By handling routine tasks, they free up senior staff to focus on higher value work and/or strategic initiatives.

2. Enhance Accuracy

Their attention to detail minimises errors in financial records.

3. Support Growth

As your business expands, they provide essential support to manage increased financial activity.

Discover top Assistant Accountant candidates today

 

What Makes a Great Assistant Accountant?

Hiring isn’t just about checking technical boxes. Here’s what to prioritise:

  • Educational Qualifications (e.g., a Business Degree with a major in Finance or
    Accounting, working toward a CPA or CA)
  • Fundamental Accounting skills gained in prior roles (depending on seniority) in areas such as assisting with month end reporting, accounts payables, receivables, BAS etc.
  • IT literacy – exposure to accounting software such as Netsuite, Dynamics 365, MYOB etc.
  • Attention to detail
  • Time management and organisational skills
  • Communication skills

 

Want a deeper understanding of what Assistant Accountants actually do day-to-day?

Whether you're exploring the role for the first time or looking to understand candidate motivations better, check out our dedicated page for job seekers. It covers:

  • Typical responsibilities of the role
  • Key skills employers look for
  • Career progression opportunities
  • Salary expectations in Sydney

👉 Explore the Assistant Accountant Job Info Page

 

How to Assess:

  • Attention to Detail: Ask about their experience handling complex reconciliations and how they ensure accuracy under tight deadlines.
  • Time Management & Organisation: Discuss a scenario where they had to juggle multiple month-end tasks and evaluate how they set priorities.
  • IT Literacy: Request examples of Excel functionalities they’ve used (like Vlookups and pivot tables) or accounting software they’ve mastered (like Dynamics 365, Navision or Xero).
  • Communication Skills + accounting fundamentals: Have them explain a suitable financial concept in simple terms, showcasing both their understanding and ability to work effectively with non-financial stakeholders.

By incorporating these assessments, you ensure you’re selecting a candidate who can thrive in your specific financial environment.

Discover top Assistant Accountant Candidates today

Read our Employers Guide To Interview Questions 

Common Hiring Pitfalls to Avoid

Making the wrong hire can be expensive - and demotivating to the wider team. Watch for:

  • Lack of systems exposure

  • Job-hopping without compelling rationale

  • No clear examples of contribution to month-end or process improvement

  • Poor communication during interviews

5 Interview Questions That Reveal Capability

Move beyond the resume. These questions uncover both technical aptitude and mindset:

  1. How have you contributed to the month-end close process?

  2. Describe a time you identified and corrected a financial error.

  3. What systems have you used — and what’s your proficiency level?

  4. How do you prioritise tasks during peak reporting periods?

  5. What motivates you to stay in an Assistant Accountant role?

 

Assistant Accountant Salaries in Sydney

Salary Range: $75,000 – $90,000 plus Superannuation.

Offering a competitive salary is essential to attract and retain top talent in today's market. Be prepared to discuss career development and professional support, as ambitious candidates value opportunities for growth.

 

Our Proven Recruitment Process

Here’s how we help Sydney-based businesses hire top-tier Assistant Accountants:

  1. Define Role Scope – Align on skills, experience, team culture

  2. Talent Sourcing – Access to a curated candidate network

  3. Screening – Role-fit and soft skills interviews

  4. Shortlisting – Only the most suitable talent gets presented

  5. Onboarding Support – Seamless candidate integration

By asking a range of situational, behavioural and competency-based questions (more examples here), you can further understand a candidate’s suitability for your Assistant Accountant role

 

Final Thoughts: Hire With Confidence

A high-performing Assistant Accountant isn’t just a junior employee -  they’re the foundation of financial accuracy. With a clear recruitment strategy and the right screening techniques, you can confidently build a resilient finance team.

Ready to Hire?

Post your vacancy or speak with one of our specialist recruiters today. We’re here to help you build your team - one smart hire at a time.