Financial Accountant

Financial Accountant job description & role information

For employers looking to fill a Financial Accountant vacancy, the following sample Financial Accountant job description can help you attract the best candidates for the role. By tailoring this Financial Accountant position description according to your company's specific job requirements, you have an excellent interview tool for comparison purposes.

For job seekers looking for a Financial Accountant role, this job description details what the role may involve and what skills and experience are required to give you the best chance of securing the position.

Financial Accountant role description:

Generally reporting to the Financial Controller or Finance Manager, the Financial Accountant is responsible for the production of the company's financial report and for the fulfilment of other obligations such as tax and statutory reporting.

Typical Financial Accountant job duties and responsibilities:

The Financial Accountant's job duties are broad and varied and responsibilities may include, but are not limited to:

• Preparation of monthly financial reports covering balance sheet, profit and loss, internal management reports and cashflow statements

• Managing the general ledger including overseeing the monthly balance sheet, banking, and inter-company reconciliations

• Completion of the monthly accruals, journals, fixed assets, and depreciation schedules

• Weekly cash flow reporting

• Managing foreign currency payments (if relevant)

• Preparation of GST, FBT, Payroll, and Corporate Income Tax returns

• Assisting in the preparation of year-end statutory accounts

• Assisting with the budgeting and forecasting

• Ensuring Accounting standards and policies are adhered to

• Reporting consolidated results at a group level (if applicable)

• ASX reporting (if applicable)

• International reporting for global entities (e.g. US GAAP, SOX, IFRS)

• Supervision of Accounts Payable and Accounts Receivable staff

• Training and mentoring junior staff

• Liaison with external Auditors, Bank Managers and Tax specialists

• Assisting in process improvement and systems enhancement initiatives

• Proactively identify new initiatives that could benefit the organisation.

Skills and attributes:

The more common skills and attributes that are most needed for this role may include:

• Minimum of 3 to 5 years of work experience in Accounting

• Experienced in a Chartered Accounting firm can be advantageous

• Strong commercial and business acumen

• Process and deadline-driven mindset with a keen eye for detail

• Critical thinking and problem-solving skills

• A strong negotiator who can develop ongoing working relationships

• Excellent written and verbal communication skills

• Ability to perform data and statistical analysis to spot trends and anomalies

• Advanced computer software skills, including Excel and other financial software and tools for reporting and analysis purposes

• Bachelor's Degree in Accountancy, Finance, or a related field

• Professional accounting qualifications such as CA or CPA

Salary guide:

Financial Accountant - $80 – 110K + Super
Senior Financial Accountant - $100 - 140K + Super
NB: Some organisations offer additional bonuses

Progression:

• Senior Financial Accountant

• Finance Manager

• Financial Controller

• CFO

For hiring managers ready to recruit a Financial Accountant, download our job description template.

For job seekers who need to write or update their resume, download our resume guide and template.