Every Company or Financial Institution requires the service of an accountant to oversee the financial aspects of the company. You can consider them experts at solving any issue relating to finances that other employees in the company might not understand.
They also help the management understand their financial situation and the necessary steps to take for further financial growth.
An Accountant’s Job Profile
Usually, you would be more involved in the auditing of accounts for organisations or private customers as an accountant. You also serve as financial advisors and oversee the administration of their client’s accounts.
Sometimes, you are required to work alongside external auditors and tax agencies in ensuring their accounts do not violate any rule. sometimes information that you might regard as sensitive is required to carry out their job description.
Job Description for Accountants
- preparing accounts and tax returns
- overseeing the administration of payrolls
- controlling income and expenditure
- auditing financial information
- Giving up-to-date information about the financial status of the company
- Providing tax planning services with reference to laws in your country
- Tracing and correcting any error from previous transactions
- Complying with financial policies and regulations
Skills Needed for an Accountant’s Position
An Accountant should possess some of the listed skills to fit into the position.
- Presentation Skills
- Analytical Skills
- Critical Thinking Abilities
- Knowledge of how to prepare/balance budgets
- Problem-solving skills
- Knowledge Microsoft Office tools (Excel, Word etc.)
- IT Skills
Typical Employers For Accountant’s
They include but are not limited to:
- Manufacturing industries
- Audit Firms
- Non-profit organisations
- Governmental parastatals
Qualification for Accountant’s
To become an accountant, you would need to have an undergraduate degree in accounting, finance or economics. Sometimes, you would require additional certification to demonstrate proficiency in managing finances.
Furthermore, depending on the organisation you intend to work in, you should consider having adequate years of experience through internships or from previous works.