Administrative Financial Assistant Career Guide and Counseling

Question: I just got a promotion to become a Financial Administrative Assistant help!!!? Okay!! this is my big break and I need help...I've been promoted...to a possition i've never done..... Investment, Insurance, Wealth Planning, and Employee Benefit needs...what would be some great tips on learning to handle this job...i have great skills...except for my memory....i have really bad memory i forget names and phone numbers....i've only done like receptionist, front desk, easy jobs like that...but this is my dream job..the job i want to dress professional for and know i have my own desk and my own task...but i'm afraid my memory would mess that up...i have problems with desicion making...i think with both sides of my brain...i never can make my mind up....thanks

Answer: I shall offer you the BEST advice here. First, the actual training for the position will most likely be provided by the company. So, don't worry about that. There are some good books and online resources, but you can real those AFTER you do the training provided by your company. Second, in terms of helping your memory, I recommend a cassette tape course called MEGA MEMORY by Keven Trudeau. You can usually buy the whole cassette tape course from eBay at a fraction of what they retail for. Another good cassette tape course is called MEMORY POWER by Steve Moidel. It's actually a shorter course (fewer tapes) but just as effective. Third, buy a pocket notepade and a desk planner (nothing fancy, just something from Walmart) and write-down all of your to-dos and phone numbers and so forth. Even with a great memory, we can overlook things. Forth and finally, buy another set of tapes from a man name Napoleon Hill. They are called THINK AND GROW RICH and THE SCIENCE OF PERSONAL ACHIEVEMENT. These will be a great help in ANYTHING you do in life. I recommend the cassette tapes here even though books are available on the same subject. It is just so much easier to play the tapes and listen and take your own notes (yes, take notes the third time you listen to the tapes) rathern than trying to read what is written. And yes, you have to listen to these things more than once to pick-up on all of the details. The first time, just listen to them in your car as you drive to get a feel for what the information presented. The next two times, listen to them at home, with your mind focused, as if you were attending a lecture by the speaker. Good luck!

Question: What are the major financial responsibilities that you have as an administrative medical assistant? What are the accounting terms used to describe these responsibilities?

Answer: Account payable (expense amounts owed to suppliers or creditors), accounts receivable (balance of payments due from patients or others on current accounts), bookkeeping, (the part of accounting that is the accurate recording of transactions), daily journal (the record of services rendered, daily fees charged, payments received, and adjustments), and audit (an IRS review of all financial data to ensure the accuracy and completeness of the data).

Question: What will be the major financial responsibilities that you have as an administrative medical assistant? What are the accounting terms used to describe these responsibilities? By pasting junk on my question you think your getting 10 points you are wrong....so please if you are answering my questions be nice..Thank you!!!

Answer: Account payable (expense amounts owed to suppliers or creditors), accounts receivable (balance of payments due from patients or others on current accounts), bookkeeping, (the part of accounting that is the accurate recording of transactions), daily journal (the record of services rendered, daily fees charged, payments received, and adjustments), and audit (an IRS review of all financial data to ensure the accuracy and completeness of the data).

Question: Can someone tell me what are the major financial responsibilities of an administrative medical assistant......? And what are the accounting terms used to describe those responsibilities?

Answer: Acount payable (expense amounts owed to suppliers or creditors), accounts receivable (balance of payments due from patients or others on current accounts), bookkeeping, (the part of accounting that is the accurate recording of transactions), daily journal (the record of services rendered, daily fees charged, payments received, and adjustments), and audit (an IRS review of all financial data to ensure the accuracy and completeness of the data).

Question: what info does a administrative assistant have to find other that financial data?

Answer: Travel schedules Conference venue availablility Names, birthdays, anniversaries, etc. of key customers, suppliers, and employees Commission statements for salespeople Employee data Customer concerns etc. etc. etc....think of it as being parent, babysitter, psychologist, analyst, and master organizer all rolled into one.

Question: Any advice for an interview with a financial advisor to be his administrative assistant? I found the position on craigslist (http://sacramento.craigslist.org/ofc/484… And emailed the woman.. she set up an interview for me for next week and said to bring my resume.. it will be about 30 minutes.. I am 20 y/o and trying to get a solid 9-5 job, which i have never had before.. i dont have a lot of experience, and am nervous going into the interview because professionally I dont have a lot to offer, but i am a hard worker and this looks like a great thing for me. I need some advice as far the interview goes.. anything helps! the link doesnt work . here is the fixed link to the job posting. http://sacramento.craigslist.org/ofc/484…

Answer: Your role is going to be that of on an Administrative Assistant to a Financial Advisor. The functions of an Administrative assistant are :- This may include supervising an administrative or clerical unit, responsibility for an administration program providing various services to agency customers, and similar duties and responsibilities. It may also include responsibility for supervising an assigned staff of administrative staff in performing duties involving the processing of applications for maintaining various records, preparing correspondence or other materials, and similar activities.

Question: What is the difference between a Receptionist and an Administrative Assistant? What are the difference in responsiblities? Financial Compensation?

Answer: Only the Title

Question: What is a financial Services professional? I have an upcoming interview (The company contacted me,However my resume is titled for an Administrative Assistant position.) They want me for a financial services professional, I really don't know what that is. Just hope I am not wasting my time.

Answer: The position can be anything from a Financial Counselor ( a person who counsels someone on how they will cover their cost in areas of liability, an example is a deductible for medical expenses they will owe $500 and you have to find out how they will pay that amount) or an actual product sale rep (someone who advises people on different investment options, such as retirement, education ect...) I am in the same boat I was contacted by an Investment Company and wasted over an hour of my time for a sales job when Admin Assistant is where my background is. My suggestion is look up the company, go on-line and gather as much information as you can. You should be able to tell what type of business it is. Then decide from there what is in your best interest. Good Luck..

Question: How much money can I make before it affects my financial aid? I'm an incoming freshman this year, and I just got an administrative assistant position at a hospital on Saturdays. I'll be going to school full-time, but I plan on working through the week during the summer. How much money can I legally make without it affecting my financial aid package? Is there a certain amount of money you can make and not have to file taxes?

Answer: Ive heard its 6,000 for financial aid before it begins to affect the aid you could receive. As far as taxes go, you need to file always, but I made 3,500 as a soph in highschool and never filed-I was told that they wouldnt have taken anything because I made too little-So I guess you could make so little that you dont need to file, but if you do (which would be in your best interest) you would get a complete refund, even if thats only 50 bucks, thats worth filing your taxes.

Question: I applied for the position of Administrative assistant with mustang PC ltd from yahoo hotjobs, does yahoo do ? does yahoo hotjobs do a background check of the companies? because i received the following email from the company which seems a lil suspicious Dear Applicant, We at Mustang PC Ltd. are happy to let you know we have finished reviewing your resume which was sent to us per your application for the jobs "Administrative Assistant" which was posted by our recruiting manager on the Yahoo Hotjobs career website. After reviewing your resume, We are pleased to confirm you are qualified to be employed by our firm as one of our Administrative Assistant Representatives. Our Branch office in your region will be launched on the 18th of NOvember 2008, For now you will handle our accounts from home. Below is your job details. A concierge will contact you in due time. Your JOB Your Primary Job is to coordinate payments from customers and complete the payment process. You are not involved in any retail sales. Tasks: Your First Primary task (Collection of Payments): Receive Payments from Customers or clients on behalf of us, the Financial institution Deposit or Cash payments immediately at your bank "We do not need your account details" Deduct 10% of every transaction as your fee Forward Balance after deduction of percentage to our cash receivers you will be contacted to send payment to. Keep records of every Transactions completed or otherwise Remuneration: Until Our office is up and running, as stated above, you will receive 10% of every transactions you conclude (transactions range from $1000 to $10,000) you can receive up to 15 transactions in your first month, depending on your efficiency and speed. Please note that this is not your standard pay. Once we are up and running you can negotiate a pay " Not lower that the minimum pay as stated on the Job Ad" We are considering your application because you satisfy our requirements and we are sure you will be an earnest assistant. Till we start running our branch office in your state. Get back to us promptly to complete your application, with the information below so we can add your mailing address to our Regional database. If you accept our offer your appointments starts immediately. Full Names: Address: City: State: Zip Code: Home Phone: Cell Phone : Your response to this email is important , so that we can be sure you want to work for us and reconfirm your mailing address details we have in our database. About Us: Mustang PC Ltd. is a world class leading supplier in computer hardware products that are obsolete or hard to find. All products are 100% guaranteed to fully meet all our customers expectations even at the highest level. We are a dynamic, progressive entrepreneurial retail Company with a unique history and rich culture. At Mustang PC Ltd., we also offer other services that rival even our foremost competitors and satisfy our customers in ways that cannot be found in any other distributor. Our Associates are vital to the future growth and success of our Company. Mustang PC Ltd. is committed to providing the best atmosphere for maximum development and achievement of goals for our Associates. Our philosophy is to treat each Associate as an individual - fairly, equitably, consistently and respectfully. We provide an environment that nurtures growth and achievement through training and development at every level. For this you are covered by the standard group benefit plans and fringe benefits or the first year vacation time shall be pro-rated, so you will be entitled to 35 days vacation for this year. Our structures in the different major cities of the USA will be fully operational by November 2008. Once again we the management of Mustang PC Ltd. welcome you to the family of achievers. and then the following email...after i sent my address and all the details... This is to inform you that you are to recieve your first transaction sometime today via UPS. Here is the tracking number for the package: xxxxxxxxxxxxxxx Once you receive the package, have the payment cashed at your bank and then deduct your fee of 10% of the total sum, te hen send the rest of the funs via western union to the information below. Name: xxxx City: xxxxx Country: Spain Once you have sent the funds, send me an email with the following information: The 10 digit mtcn (money transfer code number for the western union transaction), total amount sent and sender'sname and address used for the transaction. Note that the western union fees should come out of the rest off the funds after deducting your 10% fee. In the case that you are required to deposit the funds before you can cash them, do so and then let me know how long it will take to cash. I will wait to hear back from you soonest. end of email... I am confused about what to do.... hey...but they have already sent the package for encashing...but i have not accepted it yet...what do i do?

Answer: No, Yahoo Hotjobs does not do a background check on companies that post a job opening on their site. Mustang PC Ltd appears to be a scam of some kind. No legitimate company does business in the manner that they describe. If I were you, I'd just ignore this job offer as it is highly questionable.