The employment of a bookkeeper can be on a contract or salary basis with the company. The work of a bookkeeper is to manage the ledgers and other accounts of a company. The company's taxes, bills, and deposits are to be made by the bookkeeper. The working styles and expectations may differ from company to company. You would come to know of the work when you start working with the company and get used to the working style.
The bookkeeper is responsible for keeping track of expenditure and revenue of a company and maintaining proper accounts. This is a job that comes with a lot of responsibility and thus there is a need of responsible and experienced people to take up accounts management. The responsibilities include managing daily accounts and keeping a check on transactions.
The sales and purchases done by the business, keeping a check on the bank, and other paperwork are some of the responsibilities of a bookkeeper. A bookkeeper has to make the cash flow statements show the inflow and outflow of the cash in the business. It is one of the jobs of a bookkeeper to prepare the final profit and loss account for the company he is working for. If you have suitable educational background and knowledge, this is a good retirement job option, as the job does not require much physical stress.
Every company may set up their own set of qualifications that they need in their bookkeeper and there are not particular qualifications. If the person holds a General Certificate of Secondary Education (GCSE) degree in English or Mathematics, it will add up as an advantage. If you have basic computer skills and know how to work on the latest software that is used for keeping accounts, you are bound to get noticed by employers. This will be a good point for your curriculum vitae as well.
There are certain qualifications that most of the employers are looking for in bookkeepers. If you have special qualifications from the AAT or the Association of Accounting Technicians or IAB which is the International Association of Bookkeepers, the employers will take notice and count upon you as an eligible person.
There is a certain set of skills that the employers look for and if you are considering a bookkeeping job after retirement, make sure you have all these skills. People with a love for numbers and calculations are the ones that are perfect for jobs in accounting. You should be able to work accurately. Concentration skills are also a necessary requisite for this job as it involves being careful about minute details. This is why people who have an eye for detail are the ones most sought after.
Every job needs you to complete work in a certain time frame. If you are one who can stick to time limits and do the work and not cross the deadline, you can very well do this job. In today's time, one needs to have knowledge about the software that is used for accounting purposes like databases and other financial software. If you know these, you have an advantage. The company's profit and loss is to be calculated by you and this is the reason why this job requires an honest and trustworthy candidate. The job is demanding and requires people who have a good mathematics or accounting background.
Retired people may not need to undergo the training process. If you have worked with a financial institution in the past, you will have the necessary skills that make you eligible for the job. Sometimes the company does need you to acquire some special skills that differ from company to company. Retired people who have worked with banks have more knowledge and can use this knowledge for getting a job and working well to enhance the growth of the bank as well.
You are a retired person and you already have the experience of working with another industry. If you have worked with any of the banks in the past, you will have an advantage over other people. Because you have experience you can be a good candidate. There are some jobs that require people who have experience of many years. You can be well qualified for such jobs.
Almost all organizations require efficient accountants. Bigger companies give more growth opportunities than smaller business houses. Companies looking for retired professionals are quite a few as they have experience. People with a strong background in mathematics and accounting are the best people for this kind of a job. The income that you can expect will be between $23,000 and $26,000 a year. The salary can go up to $38,000 or more.
The responsibilities of a bookkeeper are many and the knowledge base required is also vast. The accountant or the bookkeeper has access to the accounts of the company and thus has great responsibility as well. He pays all the expenses and keeps record of all the earnings. If you are looking for a job that gives you good income and does not require you to work late hours, consider a bookkeeping job after retirement.
