What do accountants do?
It really depends on the sector and job in question, but fundamentally accountants are there to manage financial transactions, oversee audits and prepare tax returns. Accountants deal with financial records, reporting, corporate finance, business recovery, insolvency and develop new accounting systems and processes.
As such, versatility across a range of financial functions is usually highly desirable.
Typical responsibilities of the job include:
|• Finance||• Transactions|
|• Preparing statements||• Reporting|
|• Risk analysis||• Tax planning|
|• Negotiation||• Administration|
|• Record keeping||• Customer advisory services|
What skills does an accountant need?
|• They should be organised|
|• They need to be motivated|
|• They should be able to manage time and situations|
|• They must be highly numerate|
|• They need excellent administration skills|
|• They should be numerate|
|• Ability to work flexible hours maybe required|
|• They should be methodical|
|• IT proficient|
|• Strong analytical and problem-solving|
|• Ability to work flexible hours under pressure is often desirable|
|• Enthusiastic||• Detail-focussed|
|• Reliable||• Versatile|
|• Trustworthy||• Committed|
|• A degree is highly desirable but not always essential.|
|• Minimum requirements are usually good school grades.|
|• A Levels are also useful..|
|• Sector specific professional training can be advantageous. For example a certificate in finance, accounting and business can be helpful in securing a training contract with an accounting company..|
Jobs which overlap with that of accountant include actuary.