What Does An Accountant Do?
An accountant often gathers and examines a bunch of financial data in order to assess the organisation’s economic health. They additionally make sure that all monetary transactions follow the organisation’s financial guidelines. An accountant remains in touch with clients frequently to address their financial concerns and foster a positive working relationship. Additionally, they assign tasks to the accounting team’s members and conduct regular staff performance reviews. To create accurate reports, an accountant also reconciles financial inconsistencies and checks each financial transaction. An accountant’s responsibilities also include managing the company’s assets and obligations and pinpointing areas for development.
Accountant Skills And Qualifications
Suitable accountants have strong analytical skills, pay attention to small details, and prioritise deadlines. They need to have sound reporting skills to convert raw data into consumable reports and present them to all stakeholders. They should also be familiar with generally accepted accounting principles and the industry’s best practises for performing accounting tasks in the most efficient manner. An accountant also needs to be aware of current business trends to suggest necessary improvements for the organisation. Other skills and qualifications of an accountant may include:
- Being accurate with numbers and having good quantitative skills
- Ability to communicate with clarity, both verbally and in writing
- Strong interpersonal skills to work in agile environments
- Solid understanding of accounting software and basic accounting principles
- Advanced knowledge of Microsoft Excel
Accountant Experience Requirements
Most companies require at least 1–3 years of experience in the position of an accountant, or a similar position. Some companies may be flexible about the experience if the candidate has a proven track record of managing accounts at an advanced level.
Accountant Education And Training Requirements
At least a bachelor’s degree in accounting, finance, or any other relevant field is required for this position. Some companies may also demand professional certifications like the CPA or CMA. Additionally, the candidate should undergo professional training after successful onboarding. During the service period, an accountant needs to participate in corporate training and other events to sharpen their knowledge and become familiar with new trends.
Accountant Salary Expectations
According to Indeed Salaries, the average salary for an accountant in India is ₹2,71,042 per year. Remember, this is the average base salary for the position, and the individual pay can vary depending on the educational qualifications, skills, experiences, companies, and locations.
Job Description Samples For Similar Positions
If your organisation is not exactly looking for an accountant, some similar job description samples may include:
Accountant Job Description FAQs
How Can You Make Your Accountant’s Job Description Stand Out?
To attract qualified individuals, you should emphasise the necessary skills and credentials in the job description. Describe the duties of that role in detail while clearly mentioning organisational goals. Furthermore, make sure to highlight the position’s distinctive qualities and benefits, and be explicit about the compensation.
What Should You Look For In An Accountant’s Resume?
You should check whether the candidate has any professional certifications besides a bachelor’s degree. Also, look for software proficiency and other technical knowledge relevant to the position. Check the employment history to understand the work ethic of the candidate.
What Makes A Good Accountant?
Good accountants are ethical, adaptable, and knowledgeable about a range of business models, which enables them to identify the economic strategies to help the company achieve its objectives. They are sound at developing new approaches to solve financial problems. Furthermore, they are excellent at providing dependable guidance on generating income and managing financial results for the organisation.