What does a Bookkeeper do?

Bookkeepers are primarily responsible for maintaining a company's general ledger, which entails recording daily transactions, deposits, and income. The majority of bookkeepers work in the professional, scientific, and technical services industry.

Bookkeepers usually have a Bachelor's degree in accounting or finance. The best bookeepers are extremely familiar with GAAP and comfortable working in QuickBooks. Bookkeepers must be detail oriented, have strong math skills, and be efficient.

  • Perform payroll functions in an accurate and timely manner, and submit payroll taxes
  • Conduct reconciliation of all accounts on an as needed basis
  • Maintain and balance the general ledger in an accurate, complete, and up-to-date manner
  • Perform all activities related to the accounts payable function including reviewing, coding, and processing payments
  • Perform account receivable functions including invoicing, deposits, collections, and revenue recognition
  • Prepare financial reports through collection, analysis, and summarization of data
  • Interpret and apply accounting policies, rules, and regulations to all work in order to ensure compliance with applicable standards
  • Bachelor's degree in Accounting, Finance, or related field
  • 3-5 years relevant experience working in accounting and bookkeeping
  • Thorough knowledge and understanding of GAAP
  • Strong verbal and written communication skills
  • Proficient skills in QuickBooks and Microsoft Excel
  • Experience with accounts payable, accounts receivable, payroll, and general ledger
  • High degree of accuracy and attention to detail

Average Years of Experience

0 - 1
25%
2 - 4
56%
5 - 7
7%
8+
12%

Common Skill Sets

Excellent Organizational
Microsoft Office Suite
Attention To Detail
Microsoft EXCEL
General Ledger
GAAP
Excellent Communication
Spreadsheets

Bookkeeper Seniority Levels

L2
Bookkeeper
$46,181/yr
L3
L4
Lead Bookkeeper
$46,886/yr
Accountant
73% made the transition
Accounting Manager
23% made the transition
See Career Path

Bookkeeper Salaries

Average Base Pay

CA$46,181 /yr
Same as national average
Not including cash compensation
See More Insights
CA$35k
Median: CA$46k
CA$61k
See More Insights
Glassdoor Estimated Salary

Bookkeeper jobs