Financial Accountant
Oversee the accounting and financial activities of a company.
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Jobs on SEEK right now
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Projected job growth in 5 years
Salary
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Typical salary
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What's it like to be a Financial Accountant?
Financial Accountants are responsible for the accounting and financial activities of a company. In particular, Financial Accountants report on costs, productivity, margins and company expenditures to ensure that relevant and reliable information is provided to other departments and external stakeholders. Financial Accountants oversee the reporting of a company's financial statements – these documents are required by law.
Tasks and duties
- Preparing monthly profit and loss, and balance sheet reports.
- Preparing cash flow statements and controlling expenditures.
- Collecting and analysing data used in the preparation of regular estimates.
- Assisting with end-of-financial-year accounts and statutory accounts.
How to become a Financial Accountant
- Complete a bachelor degree in the field of accounting. This could be a Bachelor of Accounting or a Bachelor of Business (Accounting). These are usually three year courses and are open to anyone who is 17 years of age or older and has completed year 12 with the necessary Universities Admission Index.
- Work for three years gathering professional experience in finance, accounting or business and undertake professional development activities each year.
- Complete a Graduate Diploma of Chartered Accounting (GradDip CA) or a CPA program.
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Latest Financial Accountant jobs on SEEK
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Location
AustraliaTop skills and experience requested in recent job ads
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Is Financial Accountant the right role for me?
Working hours for Financial Accountants
Overtime
Weekends
Shift work
Late nights
Often
Sometimes
Never
Job market trends for Financial Accountants
Location
AustraliaProjected job growth
National increase over next 5 years
2021
2026
Source: National Skills Commission. Accountants
Source: SEEK job ads and SEEK role reviews
Latest Financial Accountant reviews
Latest reviews from 36 Financial Accountants surveyed on SEEK.
All
Positive
Negative
May 2021
Financial accounting is good for those having passion but if you are after money only, its not worth taking risk.
Reviewer's Qualification
Bachelor of Business
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
District Finance
The good things
Flexibility
Money
Career progression
Time management
Work life balance
The challenges
Repetitive task
Not enough motivation to study further
Old accounting software
Working with old technology
Read more
May 2021
Financial accounting is challening but l would do anythi g to make sure to creditors and payables are reconciled each month
Reviewer's Qualification
Bachelor of Accounting
Experience
10+ years
Organisation size
Large (200+ employees)
Specialisation
Financial Accountant
The good things
Its a very challenging career dealing with numbers everyday. But l find it satisfactory, when all transactions each.month are posted to correct general ledger that makes reconciliatio easy.
The challenges
Its hectic when balance are not accurate
Read more
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