Staff Accountant Job Description

Job Profile and Description

A staff accountant is a person who maintains all the accounts and ledger books of a company. This post usually comes under the jurisdiction of the Finance and Accounts department.

Key Duties and Responsibilities

Staff accountants also perform administrative duties, for instance sustaining schedules, providing telephone support, filing, transcription and the production of forms. The accountant may possibly have more responsibilities if employed by an accounting firm. In addition to preparing tax returns and monetary statements, accounting firms represent customers on matters pertaining to their monetary affairs. Typically, it really is the staff accountants’ responsibility to meet with customers to discuss their financial matters, including genuine property, equipment and tax liability.

Educational Qualifications

The educational qualifications vary according to the size of the organization and its structure. In the United States of America, the degree of Certified Public Accountants (CPA) is the best degree for an accountant. Mammoth-sized corporations usually hire, or in some cases consult a CPA, for this job.

The nature of this qualification differs from state to state and the certification is handed out by the American Institute of Certified Public Accountants. A similar qualification is that of the CIA or the Certified Internal Auditor.

Knowledge and Skills Requirements

  • Knowledge of accounting standards, conventions and principles is a must, and so is good mathematical and number crunching skills.
  • You should be able to manage daily accounts with the help of accounting software available in the firm.
  • Good communication skills both verbal as well as written.
  • Presence of mind, analytical thinking, logical thinking and multi-tasking abilities are some other essential qualities for becoming a staff accountant.
  • A background in finance, commerce or economics is an advantage for becoming a staff accountant.

Salary and Range

The salary of your staff accountant depends on numerous elements including their education, experience and kind of employer. The typical salary for staff accountants can be around $50,000 per year. The entry-level salary is around $35,000 to $42,000 per year. Accountants with two to 5 years of knowledge can draw something between
$45,000 to $50,000 per year. Senior accountants having an experience of far more than ten years could make something between $55,000 to $74,000 per year.