Career: Financial Accountant

Given the worldwide shortage of accountants, there is no shortage of job opportunities, whether in Singapore or other countries such as Australia and the United States. This is the job that I want to be and it will be my future career too. As almost every company needs an accountant and there are many companies in Singapore, there will be a lesser chance to be retrenched. I wanted to go into a business course in Polytechnic and also the salary for working as a Financial Accountant is quite high. I like mathematics and also numbers as well, so I think being an accountant suit me and I believe that I would enjoy being an accountant.

There are two categories – the financial accounting and the management accounting. I want to be the financial accountant. Financial accounting focus mainly on satisfying the historical information needs of external decision-makers such as stakeholders, bankers, pressure groups and governments. Recording, analyzing and preparing financial statements such as balance sheets, the profit and loss accounts, and cash flow records, does this. Such data is produced mainly for corporate governance of both local and international accounting standards. Others responsibilities depended on qualifications are to interpret accounts using trend and ratio analyses, project and forecast financial statements, managing the company’s flow and keeping financial records and prepare year-end financial statements for shareholders. These are the responsibilities of a financial accountant and it seems quite fun.

For me to be an accountant, I must have very good personalities so as to gain confidence from my employers, clients and the public. Some of the personal qualities that I must have are to be trustworthy, diligent, take pride in being meticulous and detailed in work. I must also be good at communication, analyzing and problem solving, be good with facts and figures. I believe that I have almost all of the personal qualities needed to have. For me to be an accountant, I must also have a diploma in Accountancy, Business or Business Administration, or equivalent. I must be partially completed Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Managements Accountants (CIMA) qualification. I must also have a diploma in Accounting and Finance or Certified Accounting Technicians qualifications issued by the Acca Board. I must have a certificate in Business Accounting issued by Cima board and having a proficiency in Microsoft Office applications would be an advantage. These are the requirements for me to be an accountant.

There are a lot of future career prospects. It includes becoming a Financial Analyst, Cost Analyst, Tax Accountant, Cost Accountant, Management Accountant, Finance Manager, Financial Controller, Group Financial Controller, Vice-President – Accounting and Finance, Chief Financial Officer, or Finance Director, Chief Operating Officer, Chief Executive Officer or Management Consultant.

I have to first, study hard and get good results for Secondary Three and “O” level especially for mathematics. Next, I have to go into a Polytechnic, which I will study, on business course, accountancy. And I will get my diploma of Accountancy. I will not stop until there, after my study in polytechnic; I can find a job as an accountant. At the same time, I will upgrade my skills and go to more courses regarding Accountancy. By doing this, my chance of being promoted would be higher.

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# posted by xiiaoapple | 8:37 AM

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