Gain insight into the essential qualifications, important duties, key responsibilities, and vital skills that form a well-rounded Financial Accountant job description.
What does a Financial Accountant do?
A financial accountant is responsible for gathering and monitoring financial information. This includes preparing reports such as balance sheets and income statements, providing insight on costs and revenue, and giving financial advice.
Job Description
We are looking for a hardworking financial accountant to help make important decisions and oversee financial information. The financial accountant's duties may include creating budgets, managing tax payments, and conducting internal audits.
To be successful in this role, you should have a degree in accounting and experience working as an accountant. Ultimately, a skilled financial accountant should understand financial principles and ensure the organization follows all laws and regulations.
Job Duties and Responsibilities
- Creating monthly, quarterly, and annual reports
- Conducting internal audits
- Managing tax payments
- Creating budgets for the organization
- Monitoring and reporting on any accounting errors
- Staying up-to-date on financial policies, practices, and regulations
- Following state and federal tax regulations
Requirements and Qualifications
- Degree in accounting or finance
- Previous experience in an accounting or finance role
- Advanced proficiency in MS Excel and accounting software
- Strong understanding of bookkeeping
- Excellent math skills
- Good time management abilities
- Ability to keep information confidential
- Additional certifications are a plus
Financial Accountant Salary
The earning potential of a Financial Accountant can vary significantly based on factors such as geographic location, industry, professional experience, educational background, and the specific employer. On average, the annual salary for an Financial Accountant in the United States is approximately $82466.