The Need of a Staff Accountant in the Present Business Scenario

By: jacksmith


A staff accountant is one of the most important figures in the entire machinery of accountancy that is controlling the finances of the company. It is a position of high responsibility as well as requires the individual to be honest and with a lot of integrity. Some of the major responsibilities of the staff accountant are to prepare the monthly reports of the internal management, preparation of the ad hoc management reports and transfer the wire transfer information to the corporate treasury for wire transfer requests. The staff accountant responsibilities require the person to have qualifications like:

a) A basic degree in accounting like graduation
b) Good communication skills both verbal as well as written
c) A sense of responsibility towards his work
d) Some years of working in the same capacity
e) Ability to work with numbers and figures
f) Good in mathematics
g) Great presentation skills

Some of the job responsibilities of the staff accountant are:

a) He has to prepare the monthly as well as the quarterly reports for the corporate
b) A staff accountant has to make sure that all the entries in the journal are properly documented
c) He needs to have the expertise to work with the preparation of the GL entries as well as acct analysis
d) He also has to prepare the cash flow projections for the corporate treasuries
e) One of the most important duties of the staff accountant is to analyze and reconcile the inter-company as well as the Finavigate activity
f) He is the person who prepares the all the GL entries account analysis reports, and the financial reports for EMD
g) He is responsible for all the journal entries

A staff accountant is the person who is responsible for some of the key areas of accountancy. It is really important that the person who has been hired as the staff accountant is the person who has the expertise in his field but most importantly is a person with integrity and honesty. As an accountant he is exposed to some of the most important information and data of the company. The person should be sagacious enough to understand the importance of such information and thus maintain the secrecy of such information.

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