financial accountant.

Some of the duties of financial accountants include the following:

• preparing financial information: as a financial accountant, you perform weekly and monthly accounting operations. That means you supervise the preparation of ledger accounts and prepare the income statements for the company. You also prepare balance sheet reports and cash flow statements to show a company's financial position.
• analysing financial statements: as a financial accountant, you analyse weekly and monthly financial records and make recommendations to the company. After analysing the financial statements, you submit the required taxes and recommend ways to improve the company's cash flow. You also audit the correctness of the financial statements and conduct internal audits of the company’s finances.
• keeping expenditure under control: as a financial accountant, you guide the project funding estimates. You prepare the project budgets and monitor the weekly cash flow figures. Since you monitor the income and expenses, you can recommend ways to keep the cash flow under control. You also monitor the reconciliation of credit card and bank transactions to determine the business's expenses.
• communicating financial information to stakeholders: as a financial accountant, you present financial information to the company management. That means you communicate with stakeholders on the company's financial position and recommend strategies and investments for expansion. You also keep investors updated on the financial positions of the company.

As a financial accountant, you work in diverse industry sectors, from education to manufacturing and consultation services. Your job is usually office-based, and you spend most of your time on computers analysing financial information. Some financial accountants also work remotely since they can complete their tasks virtually. You are expected to dress professionally when you work in an office setting. Sometimes, you travel to attend stakeholder meetings or professional workshops.

Depending on your employer and the industry you work in, your colleagues might include accountants, bookkeepers, finance analysts and finance managers. You might also be working in close proximity to controllers and credit controllers, as well as other specialists that could include, but not be limited to, auditors, business analysts, finance directors, financial planners and office managers.

Financial accountants generally work full-time due to the nature of their role. Your work hours may run from 9 am to 5 pm, depending on your employer. You may occasionally work overtime or in the evenings to fulfill some work obligations. Sometimes, you also work weekends and public holidays to meet deadlines. While most jobs are full-time, some companies offer part-time positions for accountants.

As a financial accountant, the expertise and skills you gain from your role are versatile. You can apply your knowledge in various industries and improve your career prospects. For instance, the technical and legislative expertise prepares you for the company's auditor roles and finance controller positions. If you want a leadership role, improving your expertise in financial accounting prepares you for positions like finance manager and finance director.

Finding your financial accountant job through Randstad provides important advantages such as:

• a wide variety of training and development opportunities
• an experienced contact person to provide help if needed
• a range of opportunities in your area
• get paid weekly or monthly, depending on the job
• temporary and permanent contracts

Want a permanent contract? A temporary job as a financial accountant is often a stepping stone to an attractive permanent job. Every year, thousands of people earn a permanent contract with great employers thanks to a temporary job found through Randstad. What's more, many companies recruit their permanent employees through Randstad too.

As a financial accountant, you prepare financial statements and reports. You also communicate a company's financial status to the stakeholders to ensure everyone understands the prevailing economic condition and its impact on the organisation’s finances. Financial accountants also advise company leaders on the best investment practices and strategies to ensure the business meets its expansion goals.

As a financial accountant, you earn an average salary of $95,000 per year. When you are new to the role, you receive a remuneration of $75,000 annually. As you improve your skills and experience, your earnings increase to over $110,000 yearly. The remuneration package of a finance accountant depends on the size of the company and geographical location. Some employers can afford higher salaries due to the unlimited resources unavailable.

As a financial accountant, your job entails both finance and accounting work. That means you record information but also plan and direct the company's finances. The work of an accountant is to record and report transactions only. They aren’t involved in financial planning.

As a financial accountant, you require analytical skills to analyse financial information in the company. You also rely on communication skills to explain financial matters to various stakeholders. With communication skills, you can collaborate well with colleagues and provide instructions on how to prepare financial statements. You also require maths skills to complete the complex calculations associated with accounting work.

Being a financial accountant is an exciting career with high job satisfaction. Your knowledge of financial planning improves your career expectations, and you can progress to other roles in the company.

Applying for a financial accountant job is easy: create a Randstad profile and search our job offers for vacancies in your area. Then simply send us your CV and cover letter. Need help with your application? Check out all our job search tips here.