As a financial accountant, it is your job to collect, record and extract financial information before summarising it in the form of periodic profit and loss accounts, a balance sheet and a cash flow statement.
You will also be responsible for the production of the statement of accounts and have a key role in the interim and yearend results reporting process. Liaising with external auditors to ensure a smooth and efficient running of the audit process and optimising tax effectiveness would be a part of this role too.
Financial accounting is a great area to get into if you have a real enthusiasm for and excellent knowledge of accounting standards and processes. In larger organisations you will almost certainly be based at head office, so the role can offer early opportunities to be noticed by senior management. Because this role is concerned with the results for the whole company it also provides you with an excellent overview of the organisation, giving fantastic exposure to the heart of a company’s accounting functions.
Financial accounting offers a clear career progression route. As you progress down the core financial route, either Financial Controller or Finance Director roles are likely to open up to you.
Those who are more technically orientated, who enjoy using and keeping their knowledge of accounting standards up-to-date are well suited to this role. If finding niche holes in tax structures or interpreting the depreciation of assets appeals, for example, then this role will allow you to make a real difference.
Newly-qualified accountants can expect salaries of €50 - 55k, while professionals with a few year's experience can expect €50 - 65k for a financial accountant role with financial services and commerce. Compare financial accountant salaries with the Robert Walters Ireland Salary Guide.
Are you interested in a job as a financial accountant? Get in touch with our accounting & financial services recruitment team. Or see our latest accounting & finance jobs in Ireland here.
As a financial accountant, it is your job to collect, record and extract financial information before summarising it in the form of periodic profit and loss accounts, a balance sheet and a cash flow statement. You will also be responsible for the production of the statement of accounts and have a ke
Read MoreWhat is internal audit? A highly regarded discipline within a financial function, internal audit (also known as operational and risk review) provides a process and business unit review service that adds to shareholder value by improving business and financial controls. If you choose to go down this
Read MoreWhen nearing the end of your training contract within a Big 4, you are met with the question of: What type of accounting path should I follow? Should I pursue a career in private practice, make a move within industry or even leave Ireland for some international experience? Identifying which path wil
Read MoreCome join our global team of creative thinkers, problem solvers and game changers. We offer accelerated career progression, a dynamic culture and expert training.