Use this Financial Accountant job description template to advertise job openings for your Finance department and attract qualified candidates.
What is a Financial Accountant?
A Financial Accountant is a professional who gathers and monitors financial data, prepares statements, forecasts costs and revenues, manages tax payments, and conducts internal audits to ensure compliance with accounting regulations.
What does a Financial Accountant do?
A Financial Accountant is responsible for tasks such as gathering and monitoring financial data, preparing statements (balance sheets and income statements), forecasting costs and revenues, managing tax payments, organizing internal audits, and analyzing financial trends to support the company’s financial decisions.
Financial Accountant responsibilities include:
- Gathering and monitoring financial data (e.g. sales revenues and liabilities)
- Preparing monthly, quarterly and annual statements (balance sheets and income statements)
- Forecasting costs and revenues
Job brief
We are actively seeking an experienced Financial Accountant to join our team. As a Financial Accountant, you will be responsible for monitoring all financial data, preparing accurate statements, and ensuring compliance with legal regulations.
Your role will encompass budgeting, managing tax payments, performing internal audits, and providing consultancy to senior managers for cost and revenue analyses.
By meticulously managing our financial records and supporting investment decisions, you will play a vital role in our company’s success.
Join us in maintaining financial transparency and driving our organization’s growth.
Responsibilities
- Gather and monitor financial data (e.g. sales revenues and liabilities)
- Prepare monthly, quarterly and annual statements (balance sheets and income statements)
- Forecast costs and revenues
- Manage tax payments
- Organize internal audits
- Prepare budgets (for the entire company and by department)
- Monitor and report on accounting discrepancies
- Conduct detailed risk analyses to assess potential investments
- Analyze financial trends
- Perform month-end and year-end close processes
Requirements and skills
- Proven work experience as a Financial Accountant or similar role
- Advanced knowledge of MS Excel and accounting software
- In-depth understanding of business bookkeeping procedures
- Solid knowledge of accounting regulations
- Excellent math skills with an attention to detail
- Time-management abilities
- Confidentiality
- BSc degree in Accounting, Finance or relevant field
- Additional certification (e.g. CPA) is a plus
Frequently asked questions
- What does a Financial Accountant do?
- A Financial Accountant gathers and monitors financial data, prepares statements, forecasts costs and revenues, manages tax payments, and conducts internal audits to ensure compliance with accounting regulations.
- What are the duties and responsibilities of a Financial Accountant?
- The duties of a Financial Accountant include preparing financial statements, forecasting costs and revenues, managing tax payments, organizing internal audits, monitoring accounting discrepancies, conducting risk analyses, and performing month-end and year-end close processes.
- What makes a good Financial Accountant?
- A good Financial Accountant possesses advanced knowledge of accounting software and MS Excel, has a solid understanding of business bookkeeping procedures and accounting regulations, excellent math skills, attention to detail, and strong time-management abilities.
- Who does a Financial Accountant work with?
- A Financial Accountant works with senior managers as a consultant, collaborates with colleagues in finance and accounting departments, and may interact with auditors, tax professionals, and other stakeholders.
- What skills should a Financial Accountant have?
- A Financial Accountant should have advanced knowledge of MS Excel and accounting software, in-depth understanding of business bookkeeping procedures and accounting regulations, excellent math skills, attention to detail, time-management abilities, and the ability to maintain confidentiality.
