How to become a Bookkeeper

Bookkeepers record and put together summaries of the financial transactions of a business or other organisation for management purposes.

Personal requirements of a Bookkeeper

  • Aptitude for working with numbers
  • Good organisational skills
  • Able to work as part of a team
  • Able to meet deadlines
  • Good communication skills

Education & Training for a Bookkeeper

To become a bookkeeper you usually have to complete a VET qualification in bookkeeping or accounts administration. As subjects and prerequisites can vary between institutions, you should contact your chosen institution for further information. You can also become a bookkeeper through a traineeship. Entry requirements may vary, but employers generally require Year 10.

Duties & Tasks of a Bookkeeper

Bookkeepers:

  • receive and record invoices and arrange payment
  • prepare and send invoices to debtors
  • check and process loan applications
  • calculate and distribute wages and salaries
  • prepare regular reports and summaries of accounting activities
  • prepare financial statements and debtors' listings
  • check customers' credit ratings
  • verify recorded transactions and report irregularities to management
  • prepare reconciliations of accounts.

Working conditions for a Bookkeeper

In larger organisations, a bookkeeper's duties may be divided among a number of different positions.

Employment Opportunities for a Bookkeeper

Bookkeepers are employed in a wide range of industries, including finance, property, business services, manufacturing and government. Job opportunities depend on the state of the economy, the growth of new businesses and the level of computerisation of financial procedures. Many bookkeepers are self-employed, subcontracting to private companies. Part-time, temporary and contract employment is common. Competition for some positions may be strong.

Avg. weekly wage:

$1,054

Future growth:

Moderate

Employment by state:

ACT ACT 1.8%

NSW NSW 26%

NT NT 0.6%

QLD QLD 29.7%

SA SA 6.9%

TAS TAS 2.2%

VIC VIC 23.2%

WA WA 9.6%

Hours worked:

36

Unemployment:

Lower unemployment

Gender split:

Male 14.6%

Female 85.4%

Education level:

Not completed Year 10: 3.5%

Not completed Year 12: 9%

Highest qualification is secondary school: 22.9%

Highest qualification is a Certificate 3 or 4: 11.4%

Highest qualification is a Diploma or Advanced Diploma: 18.6%

Highest qualification is a Bachelor degree: 26.1%

Highest qualification is a Postgraduate Diploma or Graduate Certificate: 8.5%

Age brackets:

15-19 - 0.7%

20-24 - 4.2%

25-34 - 17.6%

35-44 - 31%

45-54 - 21.9%

55-59 - 13.2%

60-64 - 7.3%

65 and Over - 4%

*The data above is sourced from the Department of Employment’s Job Outlook website.




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