---
title: What it's like working as a financial accountant
description: Financial accountants usually work in various departments such as auditing, treasury management and cash flow, as well as the reporting of new or potential acquisitions. The first few years as a financial accountant is generally hectic as they are required to perform number-crunching duties as well as other responsibilities such as forecasting account balances, statutory reporting, and controlling direct and indirect taxes. 
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---

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# School of Business and Management Blog - defunct

# What it's like working as a financial accountant

Posted by [Hazel Ong - School of Business and Management](https://sbm.psb-academy.edu.sg/blog/author/hazel-ong-school-of-business-and-management) on Jun 26, 2019 12:48:56 PM

- [Tweet](https://twitter.com/share)

![Working in the Accountancy & Financial Management Industry](https://sbm.psb-academy.edu.sg/hs-fs/hubfs/SBM/Working%20in%20the%20Accountancy%20%26%20Financial%20Management%20Industry.png?width=600&name=Working%20in%20the%20Accountancy%20%26%20Financial%20Management%20Industry.png)

**The working life of a financial accountant**

Financial accountants usually work in various departments such as auditing, treasury management and cash flow, as well as the reporting of new or potential acquisitions. The first few years as a financial accountant is generally hectic as they are required to perform number-crunching duties as well as other responsibilities such as forecasting account balances, statutory reporting, and controlling direct and indirect taxes. 

**The ideal candidate**

Besides good numeracy and analytical skills, financial accountants need to have strong communication skills so that they can explain technical details in layman's terms to colleagues from different departments. 

It is also **preferred that financial accountants secure their certifications from professional bodies such as ACCA and CPA at the early stage of their careers.** But learning does not stop at school. They are also required to pursue professional qualifications as they train on-the-job. 

**What are the main roles in accountancy and financial management industry? **

- Assurance consultant
- Auditor
- Commercial finance manager
- Corporate finance advisor
- Corporate recovery specialist
- Corporate treasurer
- Finance director
- Finance controller
- Forensic accountant
- Internal auditor
- Management accountant
- Risk assessment officer
- Tax advisor

**Get a leap ahead on your journey to becoming a certified finance professional!**

**Get ACCA exemptions with the following degree qualifications\*:**

- Bachelor of Arts with Honours in Accounting and Finance by Coventry University, UK^
- Bachelor of Commerce (Major in Accounting) by The University of Newcastle, Australia

^Students can also take up the ACCA Accelerate programme so that they can pursue their degree and ACCA studies concurrently. 

**Undertake further studies with CPA Australia with the following degree qualification\*: **

- Bachelor of Commerce (Major in Accounting) by The University of Newcastle, Australia

**Undertake further studies with CFA with the following degree qualification\*:**

- Bachelor of Commerce (Finance) by University of Wollongong 

\*Subject to approval from the universities and professional bodies

 

Source:

Finance Career Guide 2019 booklet by [gradsingapore](http://gradsingapore.com/)

 Topics: [Accounting & Finance](https://sbm.psb-academy.edu.sg/blog/tag/accounting-finance)

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