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Skills And Responsibilities Of A Chartered Accountant

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Accountancy jobs are some of the most popular in the country. Accountants are always in demand and you will always have career options, wherever you choose to live and work. If you’ve chosen a career in accountancy, then you’ll probably be aware of what you need to need to succeed. 

Chartered accountants have a high professional status in the world of finance. They play important and strategic roles for their employers, or clients, and provide extremely professional and vital services.

If you’re interested in accountancy jobs, then you likely be a very motivated individual. You will have had to go through rigorous training to get to where you are and you’ll be searching for the perfect position to kick start your career.

While you’re conducting your job search, you could also be enhancing some of the skills that will help you during your career. You’ll have an interest in the field so keep up to date with any technical changes that may affect how you’ll do your job. 

Also, consider doing additional IT courses to improve your marketability to potential employers. In a saturated job market, you need to be able to stand out and anything you can do will help.

In addition, work on your interpersonal skills. You’ll need to be able to communicate effectively with clients and colleagues alike. Organisation skills will be the cornerstone of your future career so keep yourself sharp and on the ball.

Remember that you’re selling yourself and you need to have that at the back of your mind throughout your job search.

Responsibilities Of A Chartered Accountant

Accountancy jobs are part of a highly competitive market. Chartered accountants, especially, are in demand and these roles can be extremely challenging. You also have accountants working with certain systems, such as specialist Xero accountants.

You should know before applying for such roles what will be expected of you when you start working for a company, whether it’s a large business or a small one.

As a chartered accountant you will be managing financial systems and company budgets on an ongoing basis. You’ll need to undertake audits where necessary, along with providing practical financial advice where appropriate.

Some of the day to day tasks you’ll carry out when you become a qualified chartered accountant include reviewing the financial systems of a company and assessing any risks they pose.

You’ll be involved in face to face, phone and email contact with clients and you’ll be expected to advise them on various aspects of their financial situations.

It’s not unusual for businesses to require help with transactions of all shapes and sizes, ensuring they stay within the law and that everything is documented in the proper manner. Tax is a critical aspect of life for a chartered accountant. 

As with all accountancy jobs you’ll need to have a detailed knowledge of the law and regulations and be open to constant improvement. One of the reasons that life as an accountant is never boring is because governments keep changing the goalposts.

Being able to respond to these challenges is what separates a good chartered accountant from a great one. If you’ve got a good sense of responsibility, then you could thrive as a chartered accountant.

PM Today Contributor
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