Do you have a good understanding of arithmetic and attention to detail? Accounting or financial occupations may be ideal for you. Staff accountants, from CEOs to CFOs, have a lot of potential for professional development, according to the Bureau of Labor Statistics. These are some of the best accounting job titles available. Here are the Types of Accounting Jobs:
CFO
Senior corporate officials known as Financial Executives (FEs) are in charge of a firm’s financial risks. They’re often in command of financial planning and recordkeeping. Cash flow, performance, liability, partner and shareholder relations, as well as budgets, are all under the CFO’s purview. The CFO is also responsible for monitoring accounting, IT, finance, and HR departments. The CEO communicates directly with the CFO.
Controller
Controllers are high-level financial executives at businesses. They are in charge of the accounting department. Controllers have extensive accounting expertise and are frequently promoted from within the accounting division. They manage the company’s financial activities. Controllers generally report to the CFO, although in some organizations, controller and CFO titles may be combined.
Finance Manager
The following are the responsibilities of finance managers: They are in charge of a company’s, group’s, or organization’s financial health. They may operate in a number of sectors. Their main tools are research, analytics, and reporting. They assist in steering investment decisions as well as developing long-term financial success strategies. They submit progress reports and expectations to higher management.
CPA
A CPA is a professional who has earned certification and accreditation to work in the public accounting profession. CPAs are accountants, business consultants, and financial auditors. They provide a wide range of financial services, including corporate finance and tax preparation. CPAs may be employed by businesses as Chief Financial Officers or finance managers, depending on their area of expertise. To become valid, all CPAs must pass the Uniform Certified Public Accountant Exam (CPA).
Accountant
Accountants are individuals who keep accounting records for firms or people. Their duty is to compile and verify all transactions, as well as ensure that their clients are financially efficient and legal in all aspects of their business operations. Accountants perform a wide range of tasks in this field. The most prevalent three specialties are public accountants, management accountants, and government accountants.
Accounts Payable Specialist
Accountants and finance specialists are two names for the same thing. Accounts payable specialists handle all outgoing payments for a firm, which includes payroll as well as other bills. All check requests and payments are handled by accounts payable specialists, who also keep records for tax purposes. Attention to detail is required, as well as Excel skills and accounting software knowledge.
Accounts Receivable Specialist
The basic function of an accounts receivable specialist is to handle and track all outstanding business invoices. Collecting and sending follow-up statements to late payments are part of this. They may also create aging reports for the firm. Accounts receivables specialists work under the direction of the controller, to who they typically report.