Accountancy offers a wide variety of environments, people contact, a professional qualification, high salaries and opportunities to work internationally.
Accountants work in all areas of business and in the public and voluntary sectors, for employers such as banks, manufacturing companies, local authorities, charities, publishers, film companies, hospital trusts, insurance companies, and universities. Many accountants work in firms of chartered or certified accountants or use their qualification to move into general management or to set up their own business.
The job of an Accountant is a very interesting, rewarding and essential role within the Business function. Being part of key decision making and recommendations which is often vital for success. The main function of an Accountant is to prepare accounts and keep records for a business or organisation which could be used to give an overview of the financial status of the company. By keeping accounts of all financial transactions, and examining and analysing this information any irregularities or risks which could be reported for the business to plan and forecast for improvements moving forward.
The role of an Accountant is broad and could include tracking the income and expenditure, Audits, Payroll, Financial and Management accounts, credit control, calculating tax owed and filing tax returns Budgeting and forecasting, analysis, reporting and presenting.
You will ideally have a natural passion for Mathematics and strong organisation skills and have very close attention to detail. You will be able to focus under pressure and work to tight deadlines. It will be imperative you are capable of meeting financial deadlines throughout the month and year.
You don’t need a degree to become an accountant although its best to start with a course to embark on becoming qualified. An AAT Qualification could be considered essential by most employers and is a good starting point.
You can then choose to take a higher level qualification like the ACA, ACCA or CIMA, which will allow you to become a chartered accountant and specialise in different area’s of accountancy