Staff Accountant duties and responsibilities
A Staff Accountant compiles and presents reports, budgets, and financial statements. In some cases, they may also perform the duties of a Bookkeeper. Top-level Staff Accountants may also inspect financial books and review financial statements for accuracy. Some other duties and responsibilities a Staff Accountant needs to excel at include:
- Managing financial records
- Ensuring all company finances comply with GAAP requirements
- Overseeing company accounting activities
- Managing the accounting and reconciliation of a company’s financial reports
- Filing end of the month or year reports to the provincial security regulatory authority
- Handling of reimbursements, accounts payables and receivables
- Preparation of statutory account
- Managing billing and invoice software
- Keeping ledgers neat and organized
- Using analytical software to track industry trends and patterns
Staff Accountant skills and qualifications
A Staff Accountant must have the ability to exercise discretion. Adaptability and knowledge of local laws are also essential. Candidates should also have the ability and experience to meet the individualized accounting needs of a client. Other prerequisite skills for the job include:
- Knowledge of different accounting software and spreadsheet software like Microsoft Excel
- Attention to detail
- Ability to multitask and cope with stress
- Critical and analytical thinking
- In-depth knowledge of computers
- Time management
- Analytics and problem-solving skills
- Strong listening, presentation, and communication skills
Staff Accountant Experience Requirements
Although the size of an accounting department will often determine the required experience level, candidates with one to three years of experience are generally solid choices for entry-level accounting jobs. For a mid-level Staff Accountant job, candidates should generally have between three to five years of experience. Those with experience working either as a certified accountant or as a Bookkeeper may also be considered for some positions.
Staff Accountant Education and Training Requirements
The minimum requirement for this position is generally a bachelor’s degree in accounting, finance, or other related fields. Those with a master’s degree or doctorate may be considered over other candidates. For positions that require professional certification, candidates must have a Certified General Accountant (CGA), Chartered Accountant (CA), or Certified Management Accountant (CMA) designation. If the position requires experience with specific accounting software or tools, candidates should be able to provide proof of their experience with relevant training certifications.
Staff Accountant Salary Expectations
According to Indeed Salaries, the average salary for a Staff Accountant is $51,979 per year. However, salary will vary depending on the location, experience, and the hiring company.
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