A career in accounting can lead to rewarding jobs in both the public and private sector. Accounting professionals with the appropriate training understand how to manage complex budgets according to established procedures. The ability to generate, analyze and organize financial statements is an essential skill for accounting professionals working under a range of titles, including bookkeeper, business application manager, accounting officer, accounts payable clerk, and certified payroll compliance practitioner.
Accountant Job Description
Accounting professionals require a comprehensive understanding of financial laws and employer procedures, as well as strong mathematical and organizational skills. In addition, they must possess effective communication skills for collaborating with colleagues and managing customer relationships.
The typical responsibilities of an accounting professional include:
• Calculating bills, invoices, inventory reports, accounts and other financial statements
• Preparing financial documents
• Presenting end of fiscal year reports
• Totalling and reconciling transactions from various departments and producing a spreadsheet
• Estimating costs of future expenses, such as required overhead based on previous transactions, quotations and price lists
• Payroll preparation
• Maintaining customer relations and solving problems for clients
• Maintaining a coherent filing system for financial documents
Accountant Projected Demand
Over the next decade, the accounting field is expected to experience a shortage of workers, which means there will be a variety of entry level jobs available for new applicants. Once established in the profession, candidates with the relevant skillset and training can expect to earn an average of $48,173 a year.