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Financial Accountant

Financial Accountant job description

A Financial Accountant is responsible for running the accounting and financial activities of an organisation. They analyse the economic stability of the company and provide financial information to other departments, enabling these departments to make budgeting and investment decisions. A Financial Accountant reports on costs, productivity, margins and company expenditures.

Financial Accountant duties and responsibilities of the job

A Financial Accountant job description should highlight the following duties and responsibilities:Preparing the monthly profit and loss, and balance sheet reportsTax reporting and inventory processingCollecting and analysing data, which is then used in the preparation of weekly and monthly estimatesAdvising on estimates for project fundingCreating KPI reportsPreparing weekly cash flow statements, and controlling expenditure and cash flowAssisting with the preparation of year-end accounts and statutory accountsResponding to financial inquiries by gathering and interpreting dataConducting internal audits such as wage reviewsExamining financial records to check for accuracyManaging and training staff when necessary

Financial Accountant job qualifications and requirements

A degree and experience in the financial field are required to gain a Financial Accountant role. Degrees in the following subjects should be highlighted as particularly advantageous:Accountancy or FinanceEconomicsMathematicsBusiness StudiesManagementA Chartered Accountant or Certified Practising Accountant qualification is likely to give a competitive edge to a Financial Account job description. Chartered Accountants Australia and New Zealand offer accredited courses in these areas.As well as formal qualifications, a Financial Accountant job description should detail the following qualities:An analytical mindNegotiation skills and the ability to develop strong working relationshipsCommercial and business awarenessGood communication skills – both written and verbalA keen eye for detail and desire to probe further into dataDeadline-orientated and an ability to stick to time constraintsThere are a number of international accounting bodies that are recognised too.

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Salary for Financial Accountant
100000 - 130000
25th Percentile
100000
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
115000
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
130000
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Salary range based on three percentiles The starting salaries represent gross yearly salaries. They do not include bonuses, benefits, and KiwiSaver.
Related positions salaries Position title 25th Percentile 50th Percentile 75th Percentile Accounts Assistant 70000 78000 85000 Assistant Accountant 80000 88000 95000 Accountant 90000 103000 115000 Company Accountant 100000 115000 130000 Group Accountant 130000 155000 180000 Accounts Payable Officer 65000 75000 85000 Accounts Payable Manager 95000 120000 140000 Accounts Receivable Officer 65000 75000 85000 Accounts Receivable Manager 95000 120000 140000 Corporate Accountant 115000 140000 160000 Cost Accountant 115000 140000 160000 Senior Financial Accountant 120000 130000 140000 Management Accountant 120000 135000 150000 Senior Management Accountant 130000 155000 175000

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