Accounts Officer
Kaituhi Kaute
Alternative titles for this job
Accounts officers are responsible for monitoring and managing financial accounts for their organisation.
Pay
Accounts officers usually earn
$48K-$82K per year
Source: Hays, 2020.
Job opportunities
Vocational PathwaysPay
Pay rates for accounts officers vary depending on the type of work they do.
- Accounts officers usually earn between minimum wage and $61,000 a year.
- Accounts payable officers usually earn between $48,000 and $80,000.
- Accounts receivable officers usually earn between $51,000 and $77,000.
- Bookkeepers usually earn between $56,000 and $82,000.
Source: Hays, 'FY 2020/21 Salary Guide', 2020.
- PAYE.net.nz website – use this calculator to convert pay and salary information
- Employment New Zealand website - information about minimum wage rates
(This information is a guide only. Find out more about the sources of our pay information)
What you will do
Accounts officers may do some or all of the following:
- arrange payment of bills and accounts
- issue customer invoices
- follow up outstanding payments
- process and keep records of financial transactions
- account reconciliation
- handle general accounts queries
- provide support to a wider financial or accounting team.
Skills and knowledge
Accounts officers need to have:
- an understanding of basic accounting principles
- basic maths skills
- knowledge of computer and accounting software.
Working conditions
Accounts officers:
- usually work regular hours, but may work weekends or evenings to meet deadlines
- work in offices, but may travel to visit clients.
What's the job really like?
Vanessa Marshall
Accounts Officer
What do you enjoy most about your job?
"I really enjoy the responsibility of being an accounts officer. You’re a key member of any finance team. I love how much you’re relied upon to ensure an organisation has really accurate, detailed and timely financial information.
"You’re normally who people go to first within the team because you’re the information guru. It’s great because you get to interact with everybody across the organisation as well as deal with external customers."
What's a typical work day like for you?
"There’s usually quite a bit of data entry or data capture each day. But there are often so many other things going on too – there’s always a deadline for something, someone to help, a problem to solve or a process to improve.
"I’m pretty customer focused, so I enjoy the customer service element of the role as well. There’s never a dull moment, it’s normally really busy and there’s lots of variety."
What advice do you have for anyone interested in becoming an accounts officer?
"I’d say do it. It’s a really satisfying job within any organisation. You can usually take initiative with these roles and make them your own.
"If you're accurate, thrive on keeping up with deadlines, have an eye for detail and work well with numbers, then this role is for you."
Entry requirements
There are no specific requirements to become an accounts officer as you gain skills on the job. However, a business or accounting qualification may be useful.
Secondary education
There are no specific secondary education requirements to become an accounts officer. However, NCEA Level 3 maths, accounting and digital technologies are useful.
Personal requirements
Accounts officers need to be:
- able to adapt to new processes and systems
- accurate, with high attention to detail
- good at communicating
- proactive and show initiative
- well organised and have strong time management skills.
Useful experience
Useful experience for accounts officers includes:
- accounting
- financial processing
- payroll
- office administration.
Find out more about training
- Chartered Accountants Australia New Zealand (CA)
- 0800 469 422 - service@charteredaccountantsanz.com - www.charteredaccountantsanz.com/
What are the chances of getting a job?
Accounts officers in demand
Accounts officers are in demand due to a steady growth in business services, forecasted to be the fastest-growing part of the job market. This growth in business services jobs is predicted to continue through to 2026.
Demand is best for experienced accounts payable and receivable officers who specialise in high-volume processing. The demand for bookkeepers is falling due to an increase in the use of online accounting software systems.
According to the Census, 19,359 accounts officers worked in New Zealand in 2018.
Types of employers varied
Most accounts officers work for:
- accounting firms
- large and small businesses
- government organisations
- payroll companies
- external accounts payable businesses.
Sources
- Edmunds, S, 'Employers having to fight for staff in tighter job market', 2 May 2019, (www.stuff.co.nz).
- Hays, 'Hays Jobs Report January to June 2020', (www.hays.net.nz).
- New Zealand Now, 'Business & Finance jobs', 22 June 2020, (www.newzealandnow.govt.nz).
- Stats NZ, '2018 Census Data', 2019.
(This information is a guide only. Find out more about the sources of our job opportunities information)
Progression and specialisations
Accounts officers may progress into payroll work or study to become an accountant.
Accounts officers may specialise in:
- accounts payable - organising the payment of invoices for an organisation
- accounts receivable - collecting and recording payments that come into an organisation.
Accounts officers issue customer invoices
Last updated 7 August 2024