Whether you’re a college graduate struggling to find your first job or an experienced professional looking to scale the managerial ladder, landing your ideal job can be a stressful. One of the main reasons why so many people get it wrong is not knowing what their ideal job entails so below we have provided a comprehensive job description for Zonal Accountant positions.
Having papers is one thing: tailoring your application to suit the job you want is the most important thing in getting shortlisted for your dream accountant job.
Needless to say, the first step to aligning your skills and qualifications with
the job you want is to understand exactly what the job entails. Having a firm grasp of the job description goes a long way to helping you prepare for your dream accountant job.
The rest of this post outlines the job description for zonal accountant. Use it as a blueprint when applying for your next zonal accountant job.
Duties of a Zonal Accountant
A zonal accountant, as the name implies, is responsible for handling a company’s accounting needs for a specific zone. Obviously this applies to relatively big companies whose operations span several regions (or zones).
You can choose to specialize in a particular field of accounting, including auditing, corporate accounting, forensic accounting, management accounting, auditing, personal accounting, and tax consultancy.
No matter which specialty you end up work in, your accounting background will always play a major role. Typical accountant duties include the following:
Specific accountant duties include:
- Records financial transactions into books of accounts.
- Analyzes books of accounts to prepare asset and liability statements.
- Ensures that taxes are paid in a timely manner.
- Prepares financial statements and ensures that they’re accurate and compliant with pertinent regulations.
- Implements financial and accounting controls in the company to ensure that financial risks are mitigated or averted.
- Proposes new cost cutting measures after examining the company’s expenditures.
- Provides assurance services to facilitate decision making by management.
Depending on your company or organization, specific duties will be outlined in your employment offer letter.
To qualify as an accountant in the U.S, you need to earn a Bachelor’s degree in accounting or a finance related field. That being said, some people manage to get hired as accountants without a formal college degree. In such cases, you’d typically start out as a bookkeeper and then ascend the job scale by adding accounting certifications, along with your accounting experience.
As most people have found out lately, however, formal training gives you a big headstart on your search for an accountant job. The majority of companies now wouldn’t consider you without some kind of formal training. Currently, many top companies will only consider you if you have a minimum of a Master’s degree.
To have the best prospects for a well paying accountant job, it pays to have a formal qualification as well as a specialized certification.
What does a Zonal Accountant get Paid?
According to the U.S Bureau of Labor and Statistics, accountants earn a median annual wage of $68,150 as of May 2016. Obviously, the exact wages vary depending on industry, location, and many other factors. According to the Bureau, the highest earners in the accounting field command average salaries of slightly more than $120,000 whereas the lowest earners get less than $42,140 annually.
In the U.S., expect to work full time when hired as an accountant. Most accountants in busy organizations work longer hours than other professions. The Bureau of Labor and Statistics reported that 20% of accountants worked more than 40 hours a week in 2016 especially during tax season.
The future of accounting looks bright, according to the Bureau of Labor and Statistics. Employment of accountants across the U.S is projected to grow by 10% in the decade starting 2016 to 2026. Demand for skilled accountants is going to remain strong due to a series of factors, notably a growing economy, more complex regulation, globalization, and new technological changes.
Over the next decade, the duties of a zonal accountant are also expected to evolve. For instance, cloud computing and other technological advancements are expected to boost overall efficiency of accounting duties but also scrap many mundane tasks. This is not going to affect your prospects for getting a good accounting job in future but you must prepare to evolve with the profession.
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