Professional accountant job profile and description

Professional accountants are also referred to as public accountants. They can either have their own accounting practice or cater to the accounting requirements of individuals and companies or can work with one of the many accounting firms.

Professional accountant duties and responsibilities

The duties and responsibilities of a professional accountant are:

  • Basic bookkeeping functions on a daily on weekly basis
  • Prepares account statements according to the requirements and business of the client
  • May have to travel to client premises in order to study records and prepare balance sheets
  • Performing auditing for clients’ business
  • Provide consultation services to companies
  • Preparing annual reports for presentation to shareholders
  • Prepare tax statements and fill tax forms on behalf of clients
  • Discuss with the client regarding the accounting and company specifics
  • May also be hired by government organizations for auditing, consulting and preparing financial reports

Professional accountant skills and specifications

The skills and specifications required for the job of a professional accountant are:

  • Excellent communication skills in order to talk to clients
  • Excellent analytical and observation skills
  • A keen eye for detail while preparing records
  • Ability to perform accurately and with high precision
  • Should possess excellent accounting skills
  • Ability to maintain contact with clients and improve client base
  • Ability to work under pressure
  • Ability to be flexible and incorporate the requirements of clients
  • Ability to create accurate records
  • Strong knowledge on tax and ability to keep updating knowledge as and when tax reforms are made

Professional accountant education and qualification

A professional accountant has to have a bachelor’s degree in accounting, finance or business management. In addition, he needs to hold CPA certification by the American Institute of Certified Public Accountants.

Professional accountant salary

Earning potentials are very high. A professional accountant can earn between $35,000 and $60,000. Those who are partners in accounting firms or run private accounting practices can earn six figure salaries.