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Financial Accountant Job Analysis
The position selected for this job analysis is that of a financial accountant. This is a position that entails doing the line functions in the finance department. Therefore, observation, interviewing and using questionnaires are the ways of doing a job analysis for an accountant. However, interviewing is the best way because it offers the chance for the accountant to explain the accounting terminologies.
The job title of the position is Financial Accountant. This position is in almost all companies that have a volume of financial transactions. The title partially explains what the job is, but does not disclose the specific functions. However, there is no other title that can offer a better explanation than a financial accountant.
The job of a financial accountant fits with the rest of the company as other departments must interact with the accountant to get finance for normal operations. The job is comparable to management accountants who perform similar functions. However, financial accountants are paid higher salaries than other jobs in a company or the industry (Phillips and Gully, 2013). According to Phillips and Gully (2013), accountants are paid higher because they are valuable in the financial management of a firm.
The baseline knowledge required to be an accountant is financial education and cash management knowledge. A financial accountant must have skills in calculations and statistical skills. In addition to analytical abilities an accountant should possess writing and presentation abilities in order to effectively present financial reports and statements.
A financial accountant records financial transactions, and tracks them in the firm’s operations and resources. From the transactions, the financial accountant maintains financial records and prepares financial statements from the books of accounts. To perform these duties, the financial accountant requires an office, computers, calculator, ledger books, cash books and general stationery.
References
Phillips, J., & Gully, S. (2013). Human Resource Management. Boston, MA: Cengage Learning