Financial Accountant Job Description
Financial accountant
provides informed, proactive analysis and business insights to enable effective decision-making and efficient resource utilization.
Financial Accountant Duties & Responsibilities
To write an effective financial accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included financial accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Ensure revenue and related accruals are calculated appropriately and recorded in the financial statements in accordance with US GAAP
Exposure to Middle Markets or Advisory Services in a Chartered firm will be an advantage
Experience with property or construction clients is an advantage but not essential
Extracting financial data from the system after close and preparing financial management reports with supporting commentaries
Liaising with external and internal auditors as required
Assist with the US gross to net revenue recognition process
Calculate various parts of gross to net accruals and reserves
Assist in continued validations/support for development of gross to net tools
Research and resolve post audits, preferably prior to customer deduction
Be CA qualified
Financial Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Accountant
List any licenses or certifications required by the position: CPA, CMA, PVAMU, W9, CFA, JP, MBA, CA, FACT
Education for Financial Accountant
Typically a job would require a certain level of education.
Employers hiring for the financial accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Education, Business/Administration, Economics, Finance/Accounting, Accountancy, Professional Accounting, Graduate
Skills for Financial Accountant
Desired skills for financial accountant include:
Excel
SAP
IFRS
US GAAP
Microsoft Office
Business to resolve issues and provide informed
Data analysis techniques and statistical methodologies
Relevant technical accounting and reporting disciplines
Applicable Microsoft Office applications
Proactive reporting and analysis to enable effective decision making
Desired experience for financial accountant includes:
Experience of working in a Manufacturing of FMCG environment
The ability to build effective relationships at all levels
Familiarity with ERP systems, particularly Oracle would be advantageous
Experience in the use of Hyperion Reporting tool would be particularly advantageous
Budgeting, forecasts and analysis support on an adhoc basis
Timely and accurate preparation of the half and full year end reporting
Financial Accountant Examples
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Financial Accountant Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of financial accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial accountant
- Experience within the Oil & Gas or Resources is preferred
- ASX listed businesses audit experience
- Month end reports in relation to General Ledger reconciliations and quarterly reporting to the Corporate US office
- General Journals & Intercompany Journals
- Intercompany GL
- Sales Invoicing & AR Reconciliation
- PO Entries
- Bank Transactions/Reconciliations
- Working with Auditors on Audit Requests quarterly and at year end
- SOX controls and documentation
Qualifications for financial accountant
- Willingness to interact in a multi-national cross departmental team environment
- Based in Berkshire
- Update and maintain procedure documents as necessary in order to maintain the internal control environment
- German GAAP
- Accounting qualification -experience in a multinational finance environment is an advantage
- Experience of dealing with external and internal audit functions is critical - Big 4 Accountancy background is a distinct advantage
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Financial Accountant Job Description
Job Description Example
Our company is growing rapidly and is hiring for a financial accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for financial accountant
- Involvement in other ad-hoc projects
- Key involvement in audit plan and liaison with auditors
- Liaise internally for any data/input needed for the financials
- Responsible for audit confirmations process and provide assistant to auditors
- Resolve queries from auditors and wider business during audit cycle
- Assist in producing board materials for audit committee
- Carry out administrative tasks relates to audit
- Contribute to service feedback to third party fund administrator and auditors
- Suggest and implement improvements to processes where applicable
- Assist in implementing new financial standards or regulatory requirements
Qualifications for financial accountant
- ACCA finalist or recently qualified
- Experience in production of financial statements with a good technical accounting knowledge
- Big 4 Chartered Accountant
- 6-12 months post qualified experience Financial Accounting
- Newly qualified/ part-qualified accountant (ACA/ ACCA/ CIMA)
- Able to handle pressure within a changing and fast paced media environment
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Financial Accountant Job Description
Job Description Example
Our company is growing rapidly and is hiring for a financial accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial accountant
- Contribute to continuous improvement initiatives and various Finance projects In addition, you will gain exposure to operational aspects through closely collaborating with other departments to monitor and drive efficiency and profitability
- Financial Reporting for a group of companies
- Ensure the day to day operation of the accounts department
- Support the management team in providing timely, accurate information to assist in decision making
- Guiding and monitoring annual budget process
- Prepartion of weekly recenue and operational reports for Senior Management
- Completion of PAYE and VAT
- Year end accounts
- Provide support to the Group Financial Accountant in the management of all audit and statutory taxation requirements
- Consolitation of accounts
Qualifications for financial accountant
- Flexible work style, ability to work under pressure
- Ability to recognise the need for, and drive, process improvements and efficiencies
- 2.1 Degree in Business Studies ,Finance
- Recently qualified ACCA ,CIMA
- 4-6 years Broad Hands on accounting role
- Ensure the financial accuracy, control and integrity of the accounting ledgers
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Financial Accountant Job Description
Job Description Example
Our company is growing rapidly and is hiring for a financial accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial accountant
- Maintain proper and accurate books of accounts including as appropriate Revenue Recognition, Fixed Asset Management, accruals and prepayments, balance sheet reconciliations, intercompany transactions, payroll and all other records required to comply with Irish and US GAAP
- Management of 2 members of staff
- Analytical analysis of month results
- Working closely with Systems Accountant to develop management reporting
- Ensuring that the company's financial accounts are maintained in line with professional accountancy standards, relevant laws/regulations and also the Internal Control Manual of company
- Preparation of month-end Trial Balance, Profit & Loss Account and Balance Sheet
- Compiling month-end P&L and Balance Sheet reconciliation and taking action to resolve open items
- Controlling the General Ledger, Bank Transactions and VAT matters for all reporting units
- Ensuring the Financial Results are reported accurately and on time
- Maintaining daily books and records for various entities, including closing these books monthly and reporting to the global consolidation team in Zurich
Qualifications for financial accountant
- Help drive process improvements in the financial accounting processes
- Have 2-5 years of relevant experience in accounting
- Knowledge of compliance and Singapore FRS
- Ambitious, energetic, self-motivated individual
- Ideally a 1st/2nd Mover from a Big 4
- Knowledge of Word and PowerPoint an advantage but not essential
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Financial Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of financial accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial accountant
- Assisting in the preparation of complete and accurate consolidated results prepared under US GAAP, in accordance with reporting deadlines
- Ensure agreements are in place for all funding arrangements
- Completion of Statutory Financial Statements and ensure filing of same
- Monthly calculation of Foreign Exchange Transactions & posting of such
- Support Shared Service Centre in the preparation of monthly VAT Returns
- Completion of Quarterly Cash flow Forecasts
- Preparing regulatory reports in conjunction with requirements from the Federal Reserve Bank, New York State Banking Department, US Dept of Commerce, and Grand Cayman Monetary Authorities, including the weekly FR2644 report and quarterly FFIEC002 report
- Assisting in the month-end and year-end closings
- Preparing monthly reconciliations, including loans, fixed income, guarantees, facilities, futures, to ensure balances are accurate and reconciling items are cleared in a timely manner
- Reviewing suspense items and obtain explanation and target dates for clearance of aged items
Qualifications for financial accountant
- Strong work ethic and ability to prioritise
- Ideally part qualified ACCA/CIMA
- Part qualified accountants would be a bonus but not essential
- Part qualified ACCA/CIMA or AAT fully qualified
- At least 1 year experience in solely closing monthly management accounts
- Exposure of the above duties