Skills needed for an accountant.
An accountant needs impeccable organizational skills. As the industry moves away from simple bookkeeping toward more strategic responsibilities, accountants with commercial acumen and strong creative skills should find themselves in high demand.
Hawk-Eye Detailing
Accountants must be precise and deadline oriented. Even the smallest of mistake in a financial ledger or tax form can make worse consequences for a company, leaving it exposed to financial penalties and sanctions from regulators. For an accountant, excellent organizational skills go together with precision since they cannot provide an accurate service if the paperwork is in disarray. You will need to implement a system or call an expert accountant for quickly finding, verifying, and cross-checking the information you need.
Commercial Acumen and a Strong Client Focus
Today, technology is automating the bookkeeping tasks and accountants can no longer compete on these services alone. Increasingly, there is an expectation that accountants should act as a trusted financial adviser and consultant, implementing long-term financial planning and helping the business to cut costs and boost profit. Accountants need a strong commercial focus and a commitment to clients to succeed in this environment – you will need to understand the client’s business, mission, industry, and culture, and accountants need to be able to work with senior executives so that they can achieve the client’s financial goals.
Out-of-the-Box Thinking
Along with commercial skills, the current business environment demands a certain degree of creativity from accounting professionals. Those accountants who can think out of the box and come up with fresh solutions to a client’s financial challenges are particularly attractive hires. Flexibility is a complementary skill. Accountants who can embrace and quickly respond to challenges make valuable members of any organization; those who quickly adapt to new financial technologies should be in especially high demand.
Trustworthiness
Accounting is a highly regulated profession and rightly so, as the accounting firms deal with confidential and highly sensitive information. Companies look for evidence, that an accountant is ethical and trustworthy, that the accountant will never impart any confidential knowledge to third parties. Integrity is critical.
We work with candid and transparent policies to protect client’s financial information and have won the respect of our stakeholders over the time and again.
Teamwork and Collaboration
Many companies have an image in their minds of a alone accountant who sits in an office and crunch the numbers, however this is inaccurate image. The way we work now, you are more likely to find an accountant working with teams and providing support across multiple domains.
Collaboration calls for abilities such as empathy, listening, communication and problem solving. Our team(s) have these skills as an add on to ease the style and bring results as soon as they can.
Data Analysis
Today, accountants and CPAs, virtual CFOs are performing tasks that require analytical skills at increasing rates, largely due to the proliferation of data across industries.
There are many applications of data analytics in the world of accounting. For example, auditors are using analytics to enable processes like continuous monitoring and auditing. Similarly, accountants who take an advisory role within their organizations can use big data to identify patterns in the behavior of consumers and markets, which can lead to investment opportunities and higher profits. You can also see in our Outsourcing services.
In Modern world we have trained accountants that already have developed analytical mindset to keep up with trends in the industry and remain competitive in the workforce.
Computer Literacy and proficiency
Accountants should meet modern world trends to compete with their competition, technology and finance go hand in hand to achieve results fast via software and CRMs basically being used at the client end, our team at Dobiz have vast experience of working on software like, QuickBooks, XERO, FreshBooks, Sage, ZOHO Books, etc. to name a few.
Virtual CFO (Chief Financial Officer)
Virtual CFO’s responsibilities include such as building financial models, analysing, and preparing financial statements, and reconciling income and expenses. Naturally, they need to become a true business partner. Be a leader at digital transformation. A CFO sit at the intersection of strategy, technology, and financial management.
Resilience
A willingness to put in the hard work is certainly recommended. An accountant will start in an entry-level position and, most likely, will want to work with you way up and stay on the growth part for a longer term. It is not always going to be an easy path. The ability to work towards tight deadlines, juggle multiple clients’ needs and remain positive through tough challenges is a skill that will hold an expert accountant in a good stead throughout the companies’ cycle. Resilience is the ability to keep a cool head and put complete trust in their skillset.
Customer service orientation
Solid customer service skills are critical for an accountant, too. Accountant needs to handle various tasks at various levels for a client at times for multiple clients at once. Clients are needed to be retained by showing our skills at different levels. A good accountant must meet the needs of the organization’s other departments and managers.
Accounting professionals can demonstrate good customer service by earnestly listening to the needs and concerns of clients.
Contact Us :
Dobiz Corporate Solutions
Address : 30 Craven Court, Glebeland Road Camberley Surrey GU15 3BS
Phone : 0731-4812127
Email : admin@dobizsolutions.com
UK Office