Sectors, industries and roles

Role: Financial accountant

Help organisations to record and report their financial position accurately

What is a financial accountant?

Most organisations are required to report their financial position. For example, to governments, shareholders and other interested parties. Preparing these reports is the job of financial accountants who are responsible for disclosing, retaining and submitting accurate information. But you’ll be dealing with more than just numbers. Financial accounting also intersects with many other fields such as company law and financial reporting standards.

Financial analyst roles are available in corporate and public sectors, financial services, public practice and shared service organisations.

How do I achieve it?

There are many entry points into financial accounting, with opportunities to progress to senior levels such as financial controller or chief financial officer. Aspiring financial accountants will benefit from taking the following ACCA Strategic Professional exams:

  • Strategic Business Reporting (SBR)
  • Advanced Taxation (ATX)
  • Advanced Audit and Assurance (AAA)

Furthermore, the day to day skills that help financial accountants maintain a clear paper trail of transactions can be learned in our Foundations level qualifications. This would provide a perfect entry point for financial accountancy.

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Financial accounting also intersects with many other fields such as company law and financial reporting standards.

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