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. 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.
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Accounts Payable (AP)
Accounts Receivable (AR)
ERP - Enterprise Resource Planning
General Ledger
Salary for Accountant
$92,500 - $110,500
25th Percentile
Little or no prior experience in the position; still developing relevant skills. Demand: Low
50th Percentile
Some prior experience in the position; has several relevant skills. Demand: Moderate
75th Percentile
Extensive prior experience in the position; has mastered relevant skills. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Assistant Accountant $68,000 $76,000 $83,500 Senior Accountant $104,000 $115,000 $128,000 Group Accountant $108,000 $123,000 $140,000 Accounts / Finance Officer $63,500 $69,500 $79,000 Accounts Payable Officer $61,500 $68,000 $79,000 Accounts Payable Manager $85,000 $97,000 $112,500 Accounts Receivable Officer $67,000 $73,500 $84,500 Accounts Receivable Manager $85,500 $97,000 $110,000 Bookkeeper $71,000 $80,500 $90,500 Corporate Accountant $105,500 $116,500 $129,000 Cost Accountant $96,500 $102,500 $108,000 Financial Accountant $90,500 $99,500 $108,500 Senior Financial Accountant $112,500 $125,500 $140,500 Management Accountant $93,500 $103,000 $112,000 Senior Management Accountant $113,000 $124,500 $140,000 Project Accountant $99,000 $114,000 $132,500
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