An Accountant is responsible for managing and the reporting of financial information f or an organisation. Whilst an Accountant may perform all the tasks encompassed in an accountancy role in smaller companies, different accountants are generally responsible for different accountancy areas in larger companies. This can include financial accounting and management accounting.
Accountant duties and responsibilities of the job
As one of the most crucial roles not just of any finance team, but any company, the Accountant job description is a dynamic role with a multitude of responsibilities, including:
Examining bank statements and reconciling them with general ledger entries
Examining expenses submitted by employees
Keeping an eye on incoming payments from accounts receivable and outgoing payments from accounts payable
Creating company financial reports with the above information included
Analysing data collected in order to determine the state of the company’s financial health
Analysing data to understand where the company is generating and losing revenue
Examining the proficiency of the software programs used to organise data
Generating financial reports that display the company’s profits, equity and cash flow
Accountant job qualifications and requirements
A degree, although not always mandatory, is very advantageous in an accountancy career. A Bachelor’s degree in the following is particularly favoured:
Accounting
Business studies
Economics
Management
Typically too, accounting positions require professional certification. In Australia there are three maj or accounting bodies with whom an Accountant can gain accreditation:
Certified Practicing Accountants (CPA Australia)
Institute of Chartered Accountants in Australia (CA Australia)
Institute of Public Accountants
There are a number of international accounting bodies that are recognised too.
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th Percentile
108000
The candidate has an average level of experience and has most of the necessary skills.
75th Percentile
114500
The candidate has above-average experience, has most or all the necessary skills and may have specialised qualifications.
Salary range based on three percentiles
The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or superannuation.
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