Accounting Virtual Assistant Job Description 2024

Incorporating advanced accounting software, virtual assistants provide access to cutting-edge technology. With stress reduction, strategic financial planning, and cost savings, Virtual Assistant Accounting empowers small businesses to thrive in a competitive market. In 2019, I exited one of my companies, FreeUp, and all of our bookkeeping and accounting was handled by our team of accounting virtual assistants. When considering an accounting virtual assistant, it’s essential to ensure their availability aligns with your time zone for smooth collaboration.

Low Overhead Costs

A pro accountant or bookkeeper at the helm of your financial records spares you from fraudulent activities. With a skilled VA on your team, you’re privy to internal and external audits whenever you require them. A professional VA specializing in accounting can keep your financial books as accurate as they should. You have nothing to worry about should authorities or third-party organizations demand a copy of your company’s financial data. Even if you manage a small team, monthly payroll will still take too much time if you don’t delegate the task.

How to Hire an Accounting Virtual Assistant for Your Business

This means you’ll have to inform them in advance and book a slot when you need their virtual bookkeeping service. Your second option is to use accounting software.Even though software makes the bookkeeping process quicker, getting used to the tool will take time and training. As for other responsibilities such as accounting, there’s outsourcing to consider. Regardless of the size of your organization, you need a reliable professional to carry out accounting tasks. Reputable outsourcing providers invest in robust security measures to safeguard sensitive financial information.

Companies That Commonly Hire for Remote Accounting Jobs

Before beginning the hiring process, make a list of the qualities you want in a virtual assistant. Virtual bookkeepers also offer on-demand services, allowing companies to scale up or down as needed, which is cost-effective and avoids full-time commitments. This is the exact system Outsource School’s founders, Nathan Hirsch and Connor Gillivan, used to go from zero to 8 figures and 40+ virtual https://www.bookstime.com/ assistants with an exit in 2019. With more time to focus on her marketing and customer service efforts, Sarah’s business started to thrive. The VA had years of experience in bookkeeping and accounting and was familiar with the accounting software Sarah was using. As long as it’s within the realm of accounting and bookkeeping, an experienced accounting VA should be able to handle it for you.

• So you have to decide on the requirements of your firm and hire someone best for the job.
• Around 31% of small business owners believe their accountants are honest and dependable.
• Your next concern could be how to manage the productivity of the virtual bookkeeper.
• Not only do daily administrative tasks take a lot of time, not everyone is an expert at them.
• A virtual assistant for bookkeeping is highly versatile and can adeptly handle a wide range of tasks within the accounting and financial realm.

We’ll get them onboarded and trained, making the process as seamless as possible for you. Using skills tests, experience criteria, and our own interviews, we’ll narrow down the pool of candidates to 2-3 that will work well for you. You can further review their profiles and interview them to choose the person you like best. We have been serving our clients for more than three years with satisfaction.

Minimizes financial risks

Look for VAs with experience relevant to your industry for more effective assistance. Prefer VAs who can dedicate focused attention to your project virtual accountant rather than managing multiple clients simultaneously. Lastly, check their online reviews to gauge their reliability and performance quality.

• This ensures that financial tasks are handled by experts who stay updated on the latest regulations, compliance requirements, and industry best practices.
• But these companies are building a future where AI models search, vet, and evaluate the world’s information for us to serve up a concise answer to our questions.
• Supporting Strategies offers outsourced operational support and financial services, including bookkeeping, HR, payroll, accounts payable, and billing and accounts receivable.
• Establish a system for regular check-ins and updates to stay informed about the progress of accounting tasks.
• FlexJobs members can log in and start searching our database for online accounting positions, including full-time, part-time, and entry-level accounting jobs.

Manage invoices

Case Study: How An Accounting VA Made Sarah’s Business Double Sales

Marketing Services

• As a virtual accountant, you can work with companies anywhere—all you need is internet access and the right software to quickly and securely serve small and medium-sized businesses worldwide.
• Discover how hiring a managed virtual assistant can revolutionize your accounting practice and give you the freedom to grow.
• Sometimes it can be easy to forget about expenses and business operations when you’re helping so many others.
• Digital tools for managing financial records, data analytics, and other routine accounting tasks are available to allow accountants to expand their services and increase their productivity.
• Look for relevant certifications, degrees, and any specific achievements that demonstrate their accounting proficiency.
• Look for candidates with strong organizational skills, proficiency in accounting software, and familiarity with financial reporting.