What does an Accountant do?

Accountants are responsible for a wide variety of finance-related tasks that are primarily associated with preparing financial records. These tasks oftentimes include computing taxes and preparing tax returns, organizing and maintaining financial records, and ensuring statements are accurate. Accountants in the United States must perform all of this work while abiding by Generally Accepted Accounting Principles (GAAP).

Accountants generally have a bachelor's degree in accounting, finance, or a related field. In addition, many accountants have a Certified Public Accountant (CPA) credential, which is obtained by passing a national exam and a completing a minimum number of college coursework hours. Accountants usually fall into one of four categories: public accountant, management accountant, government accountant, or internal auditor.

  • Assist in the preparation of financial reports such as financial statements and budget performance
  • Ensure compliance with applicable standards (i.e. GAAP, FASB), rules, regulations, and systems of internal control
  • Aid in the implementation of new accounting policies, standards, and guidelines
  • Provide accurate, timely, and relevant recording, reporting, and analysis of financial information
  • Identify areas for improvement and implement improvements to processes
  • Assist with and act as the primary point-of-contact for auditor requests
  • Handle sensitive information in a confidential manner
  • Bachelor's degree in Accounting, Finance, or a related field, or an equivalent combination of education, training and experience
  • 2-5 years of accounting/finance experience
  • Demonstrate intermediate to advanced skills and knowledge of Excel, as well as other Microsoft Office applications
  • Strong analytical and problem-solving skills
  • Experience with accounting software
  • Excellent interpersonal skills to communicate effectively across the organization
  • Thorough knowledge of general ledger accounting and account reconciliation
  • Highly detail-oriented

Average Years of Experience

0 - 1
19%
2 - 4
43%
5 - 7
5%
8+
33%

Common Skill Sets

Excellent Communication
General Ledger
Microsoft Office Suite
Microsoft EXCEL
GAAP
Audit
Powerpoint
Attention To Detail

Accountant Seniority Levels

L2
Accountant
A$70,000/yr
L3
Senior Accountant
No Salary Reports
L4
Adjunct Accountant
No Salary Reports
Management Accountant
16% made the transition
Cost Accountant
8% made the transition
See Career Path

Accountant Salaries

Average Base Pay

A$70,000 /yr
Same as national average
Not including cash compensation
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A$50K
Median: A$70K
A$153K
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Glassdoor Estimated Salary

Accountant jobs

Accountant Interviews