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First Assistant Accountant Jobs in Virginia (NOW HIRING)

Provide analytical reviews of nancial metrics * Assist with the preparation of US insurance ... These First Principles are the intellectual and moral compass of everyone at Hamilton. They shape ...

Provide analytical reviews of nancial metrics * Assist with the preparation of US insurance ... These First Principles are the intellectual and moral compass of everyone at Hamilton. They shape ...

Staff Accountant

Mclean, VA · On-site

$56K - $74K/yr

... act first in an increasingly contested world. We are not a consulting firm and not a systems ... Ensure all transactions are accurately recorded and supported * Assist in the preparation of ...

Gift and Grant Accountant

Williamsburg, VA · On-site

$51K - $71K/yr

BRUTON HEIGHTS SCHOOL 301 First St. Williamsburg, VA 23185, USA Founded in 1926, the Colonial ... About the Position The Gift and Grant Accountant, reporting to the Assistant Controller, is ...

S. federal income tax provision calculations in accordance with ASC 740. * Assist with the ... First company. That commitment is central to our team of team's philosophy and fosters an ...

Showing results 41-60

First Assistant Accountant information

What is a first assistant accountant?

First Assistant Accountants are key financial professionals who support the lead accountant or financial controller in managing a company's accounts. Their duties often include preparing financial statements, processing invoices, reconciling bank statements, and assisting with audits. They play a crucial role in ensuring the accuracy and integrity of financial records, helping organizations comply with regulations and make informed business decisions. Typically, they report to the head accountant and may supervise junior staff, making organizational and communication skills essential. This position is common in industries such as film production, where they help manage production budgets and expenses.

What are the key skills and qualifications needed to thrive as a first assistant accountant?

To thrive as a First Assistant Accountant, you need a solid understanding of accounting principles, financial reporting, and often a relevant degree or professional qualification such as ACCA or CIMA. Familiarity with accounting software (like QuickBooks or SAP), spreadsheet tools, and financial management systems is typically required. Strong attention to detail, organizational skills, and effective communication are standout soft skills in this role. These competencies ensure accurate financial records, efficient workflow, and reliable support for senior accountants or finance managers.

What are some typical challenges faced by a first assistant accountant when preparing for audits, and how can these be managed?

First Assistant Accountants often encounter challenges such as tight deadlines, ensuring accuracy in reconciliations, and gathering complete documentation during audit preparation. Proactively maintaining well-organized records throughout the year and regularly reconciling accounts can help streamline the process. Effective communication with other departments and strong time management skills are essential to address last-minute requests from auditors and minimize errors. Collaborating closely with senior accountants and auditors also ensures that any discrepancies are resolved quickly.

What is the difference between First Assistant Accountant vs Junior Accountant?

AspectFirst Assistant AccountantJunior Accountant
Required CredentialsDiploma or Bachelor's in Accounting, relevant certificationsDiploma or Bachelor's in Accounting, entry-level certifications
Work EnvironmentSupport senior accountants, handle complex tasks, assist in financial reportingData entry, basic bookkeeping, supporting accounting team
Employer & Industry UsageUsed in corporate finance, accounting firms, large organizationsCommon in small businesses, entry-level roles in various industries

The First Assistant Accountant typically has more experience and handles more complex accounting tasks compared to a Junior Accountant. While both roles require similar educational backgrounds, the First Assistant Accountant often supports senior staff and manages detailed financial activities, whereas the Junior Accountant focuses on basic bookkeeping and data entry. Understanding these differences helps job seekers identify the right position based on their experience level and career goals.

How to get the first assistant accountant job with no experience?

First Assistant Accountants typically need some accounting knowledge, so gaining relevant education such as a diploma or certificate in accounting is helpful. Entry-level candidates can improve their chances by developing skills in accounting software like QuickBooks or Excel, and seeking internships or volunteer opportunities to build practical experience. Demonstrating attention to detail, strong organizational skills, and a willingness to learn can also increase employability for those with no prior experience.

What cities in Virginia are hiring for First Assistant Accountant jobs?

Cities in Virginia with the most First Assistant Accountant job openings:

Senior Financial Accountant

Richmond, VA

Full-time

Posted 11 days ago


Job description

We're looking for a Senior Financial Accountant


Based in Richmond and reporting to the US Financial Controller, the Senior Financial Accountant will be an integral part of the Finance Team and help achieve departmental objectives in a dynamic and deadline-driven environment within the broader Hamilton Insurance Group.

You'll have leadership responsibility for aspects of our accounting, reporting and systems processes.

What you will help us do


  • Oversee monthly and quarterly close procedures for technical insurance accounts and high judgment accounting areas
  • Ensure management information and financial reporting are complete, accurate and timely
  • Review and preparation of monthly reconciliations for insurance balance sheet accounts
  • Provide analytical reviews of nancial metrics
  • Assist with the preparation of US insurance statutory filings
  • Prepare quarterly and annual nancial statements in accordance with US GAAP
  • Work across teams to project manage systems implementations, upgrades and automation initiatives focusing on the integrity of the financial data, processes and controls
  • Maintain accounting policies & procedures and ensure financial statements and underwriting-related transactions are prepared in accordance with US GAAP and US Statutory Accounting Principles
  • Develop, implement and maintain process documentation and controls over nancial reporting and compliance
  • Maintain strong stakeholder relationships and drive the execution of team deliverables
  • Liaise with internal and external auditors


What you require for the role


  • Qualified CPA or equivalent
  • Demonstrable post-qualification experience gained in a similar role within a insurance company or within practice auditing insurance companies
  • In-depth knowledge of US GAAP
  • Good knowledge of relevant insurance accounting treatment
  • Advanced MS Excel skills and the ability to navigate complex spreadsheets
  • Strong analytical and problem-solving skills
  • Proven ability to project manage system implementations and improvements and to develop automation processes
  • Commitment to collaboration, with the ability to work both independently and as part of a team
  • Ability to communicate effectively with senior personnel within the group
  • Ability to prioritize issues, identify areas of difficulty and communicate clearly with the Financial Controller / CFO


What you can expect from us


Join us, and we will ask you to Be smart, Be sensible, Be open and, above all else, Be more-strive harder, reach further, never give up. These First Principles are the intellectual and moral compass of everyone at Hamilton. They shape the way we build our team, the way we work and the way we will prosper.


We're committed to creating an inclusive workspace where all employees thrive. We embrace all backgrounds, perspectives, experiences and talents - without discrimination. Whatever differences set you apart, whether visible or invisible, you will be welcome at Hamilton.


We're writing the future of risk.


Hamilton Insurance Group, Ltd. ("Hamilton") is a Bermuda-headquartered company that underwrites specialty insurance and reinsurance risks on a global basis through its wholly-owned subsidiaries. Hamilton leverages analytics and research to create underwriting and investment value for its clients and shareholders.