You will also be responsible for the production of the statement of accounts and have a key role in the interim and year end 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.
Those who are more technically oriented who enjoy using and keeping their knowledge of accounting standards up-to-date are well suited to this role.
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 oriented 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 this role will allow you to make a real difference.
What to do after leaving a Big 4?
When 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 wilRead More
Why choose a career in financial accounting?
What is financial accounting? 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 stateRead More
A career in financial controlling?
Financial control is the weekly, monthly and year end production of ﬁnancial statements and regulatory reports. The analysis of ﬁnancial reporting information and commentary on variances gives you the opportunity to become involved in a variety of developmental, analytical and project driven exercisRead More
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