Accountant

Job Description

An Accountant plays a crucial role in managing the financial affairs of both individuals and businesses. Their expertise spans a wide range of areas including money management, investment planning, taxation, and superannuation. Beyond these fundamental tasks, they meticulously conduct financial audits, reconcile bank statements, and maintain the accuracy of financial records throughout the year. This entails the preparation of comprehensive documents such as balance sheets, profit and loss statements, and various financial reports. Accountants delve into the analysis of revenue streams, financial commitments, and offer valuable insights on accessing grants and governmental incentives. Their ultimate responsibility lies in ensuring that individuals or companies meet their financial obligations, leveraging resources, assets, and strategic tax planning.

Accountants have the opportunity to advance their careers by specialising in specific niches within the field. These specialisations may include project accounting, revenue accounting, tax accounting, or insolvency accounting. Moreover, accountants may choose to focus on particular industries such as mining, tailoring their expertise to the unique financial landscapes of these sectors. Additionally, there's the avenue to pursue roles as group accountants, where they operate within the head office of a parent company, overseeing the financial management of various businesses and subsidiaries within the group.

Qualifications

The pathway to becoming an Accountant involves a combination of formal  education and on-the-job training and experience. Most Accountants have completed a degree in a business related discipline and have years of practical knowledge and expeience.  Their qualifications may include: 

  • Bachelor Degree in Accounting and Finance 
  • Master of Professional Accounting
  • Formal qualifications in Finance, or Business Administration
  • CPA qualification 
  • 2+ years experience in your industry
  • 2+ years experience of the industry or company 

If you have not yet applied to gain a CPA qualification, you may apply to participate in a Certified Practising Accountants (CPA) program or apply to become a member of a recognised accounting institution

 

Attributes

  • Accountability
  • Accuracy
  • Analytical
  • Autonomy
  • Businesss Acumen
  • Creativity 
  • Communication
  • Ethical 
  • Industry Expertise
  • Integrity
  • Interpersonal
  • Financial Expertise 
  • Organisational
  • Reliable
  • Self-Motivation
  • Team Player
  • Trustworthy

Key Skills

  • Account Reconciliation
  • Accounting Practices
  • Accounting Software
  • Attention to Detail 
  • Budgeting 
  • Business Operations
  • Chartered Accountancy
  • Compliance Software 
  • Critical Thinking 
  • Database Reporting Software
  • Data Analysis 
  • Finance
  • Financial Reporting 
  • Financial Statements
  • Information Technology 
  • Legislation
  • Management
  • Microsoft Office 
  • Policies and Procedures 
  • Professional Development 
  • Spreadsheet Knowledge
  • Systems Analysis
  • Team Work
  • Time Management 

Future Prospects