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An Accountant manages all areas of financial matters in a company such as handling cashflow, budgeting, taxation, recording transactions, and advising top management.
A career in Accounting means you will be in charge of inspecting and analysing the monetary data of a client (a company, organisation or individual) for consultation, taxpaying and auditing purposes. The job scope of an Accountant will be to review and manage the company’s financial documents, produce and submit tax documents, determine financial operations and recommend better economic efficiency, as well as the daily operations of funds.
There is great potential for growth in this field. Accountants made it to the Critical Occupations List 2016/17 and this means they are in demand. You will move up the ranks once you have gained sufficient experience.
Obtaining the qualification of a Chartered Accountant will earn you a handsome salary, especially if you’re working with the top four Accounting firms.
Accounting offers a career in a few branches such as finance, management, auditing and taxes.
Accountants basically work all year round like every other job, but their workload comes from the end of one year till the beginning of the following year as companies close their accounts and produce financial reports during this time. While everyone is taking leave at the end of the year, Accountants will have to work harder.
Accounting is typically a standard 9-to-5 job. Like many other industries, Accounting has a repetitive pattern of heavy workload.
Management of expenses
Provide financial advice
Liaise with clients
Assess risks of a company’s financial system
Assess the reliability of financial information
Advise clients about taxation issues
Maintain accounting records
Liaise with auditors
Create financial statements
Negotiate with suppliers
Incase of any queries
A love for numbers
A career in Accounting is no joke. You will have to face numbers every single day, learn up formulas on excel and other accounting softwares. If you’re one that never gets tired of calculation and don’t mind spending the rest of your life doing that, then this one’s for you!
Time management skills
As mentioned before, an Accountant will have a heavy workload. As such, you’ll need to manage your time wisely to avoid delaying your deadline or cause others to complete later than expected. You might have to work over-time, depending on your time management skills.
Problem solving skills
Have you always loved watching mystery movies, solving puzzles or riddles? Were you one of the first ones to solve it or figure something is wrong? A career in Accounting would require you to have problem solving skills as the accounts will not always tally. Yes, this also means you need to have a sharp eye to notice any errors.
A diploma, CAT or LCCI qualifications would be fine but it would be best to complete a Bachelor’s Degree, ACCA, MICPA, ICAEW or CIMA qualifications to receive a better salary and job prospects.
Work hours are standard office hours, but it would be based upon how much work is left, and it would increase during critical periods such as the end and beginning of every year.
Risk Control Manager
“I just wanted to be a businessman, and to me, the best way to understand business was to be an accountant.”
- Aubrey McClendon
Apr 21, 2022
Oct 15, 2021
Jun 11, 2021
Aug 16, 2016
Nov 30, 2015
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