The average pay for a Financial Assistant is R51.40 per hour.
The average pay for a Financial Assistant is R138,912 per year.
|Salary||R70,765 - R262,494|
|Bonus||R4,000 - R30,000|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|R71,821 - R274,453|
|Bonus||R4,000 - R30,000|
|Total Pay (||R71,821 - R274,453|
Job Description for Financial Assistant
A financial assistant work in a number of fields, including accounting, banking, auditing, and investment. Regardless of the specific field, a financial assistant must have a solid background in accounting, bookkeeping and taxation; they typically assist clients with project forecasts, budgets, cost analysis, and inventory calculations.Read More...
Financial assistants most often work in a traditional office setting during regular business hours. They are often busy, meeting with several clients a day. In these meetings they discuss topics such as budgets, forecasts, cost-benefit analyses, trend analysis, and forecasts; they may also produce financial statements. They give advice to their clients about projects, including whether it may be profitable and what the variable/fixed costs will be. They might also help to lead clients away from or prevent bankruptcy, downsizing, or closure.
A bachelor's degree in finance or accounting is typical, and the financial assistant might also possess other qualifications (such as a Certified Public Accountant, or CPA, license). The work they do is mainly mental and requires excellent attention to detail. They must be familiar with computers and fluent with programs such as Microsoft Excel, Access, and Intuit Quickbooks. (Copyright 2019 PayScale.com)
- Use accounting software to document accounts receivable and accounts payable.
- Complete periodic reports and identify ongoing problems.
- Research, collect, and enter financial data to reconcile and update accounts.
- Oversee payroll, timesheets, and insurance payments.
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Pay by Experience Level for Financial Assistant
Pay by Experience for a Financial Assistant has a positive trend. An entry-level Financial Assistant with less than 5 years of experience can expect to earn an average total compensation of R124,000 based on 140 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Assistant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of R175,000 based on 52 salaries. An experienced Financial Assistant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of R180,000 based on 20 salaries. A Financial Assistant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of R156,000 based on 11 salaries.
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