Do you have the skills to be an accountant?

Accountancy is a very competitive industry, and the demand for qualified Accountants is as strong as ever. The skills developed during Accountancy training are so valuable that over 50% of FTSE 100 CEOs started their careers in finance.

Learning transferable skills that can be applied all over the world, makes Accountancy a profession that can take you anywhere, both in terms of location and career development.

So, how well do you measure up against these five key skills essential to be an accountant?

1.Numeracy Skills

Research shows that 64% of employers look for numeracy skills when selecting new accountancy recruits. Although you won't be expected to perform complex mathematical equations at every level, numeracy skills are a requirement for accountancy roles.

2. Business Acumen

Considering wider business goals and issues will help you to build valuable relationships between the finance department and other areas of the business. By being able to evaluate internal and external factors that affect a business, you can quickly make smart business decisions. Examples include: business strategy, process management and awareness of regulatory rules or conditions.

3. People Skills

Accountants work closely with all departments of an organisation, and you will find being diplomatic and empathetic will help you get closer to the processes and key issues in that area. An accountant will be required to support other departments in a business and may be asked by these departments to provide important resources and information. This means that developing good working relationships is very important.

4. Born to Lead

To rise to a senior accounting position requires leadership skills. If you're reaching for this level it’s important you can drive performance of teams throughout the business, and motivate and inspire colleagues.

5. Absolute Dedication

Most professional qualifications require candidates to complete relevant practical experience as well as assessments. The depth and type of work experience varies by Institution, with CIMA and ACCA requiring three years experience. Preparing for assessments and gathering experience requires a significant amount of dedication.

A career in accountancy offers excellent job prospects and a rewarding working environment. If you have the skills to be an accountant, why not look at Kaplan’s online accountancy courses?