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What are the primary responsibilities of the position?
#finance #internship #business #accounting
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8 answers
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Lucineh’s Answer
Hi there!
Short answer: Being accountable. Accounting is the language of business; it is how entities communicate useful information to interested parties. As an accountant our primary responsibility is to be accountable. In specific it depends on the role you would want to take on, also the industry you choose to enter. For example the responsibilities of an auditor is different from someone in the tax industry. Also, one of the most important skills that an accountant should develop is to be be organized.
Short answer: Being accountable. Accounting is the language of business; it is how entities communicate useful information to interested parties. As an accountant our primary responsibility is to be accountable. In specific it depends on the role you would want to take on, also the industry you choose to enter. For example the responsibilities of an auditor is different from someone in the tax industry. Also, one of the most important skills that an accountant should develop is to be be organized.
Updated
John’s Answer
While the jobs always differ, for all of my accounting/finance/consulting roles, I've found that a key part of any role is an ability to manage stakeholders and competing priorities and communicate effectively. You are rarely expected to handle anything end-to-end by yourself, but you also need to be over-communicating and escalating issues in a timely and effective manner.
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Lao’s Answer
Hi Gisbel,
The primary responsibilities of my position is managing a team of 12 credit representatives to ensure we are in compliance with processes, reducing accounts receivable, and providing exceptional customer service to our clients. I work in a fast paced call center which makes the day go by quickly every day. I hope this helps!
The primary responsibilities of my position is managing a team of 12 credit representatives to ensure we are in compliance with processes, reducing accounts receivable, and providing exceptional customer service to our clients. I work in a fast paced call center which makes the day go by quickly every day. I hope this helps!
Updated
Vincent’s Answer
Hi Gisbel,
Every position has different responsibilities, and you will learn on the job. However, there are things you can control right away that will get you noticed quickly and can relate to any position. Below are my top tips.
1) Being Ready and eager to Learn
2) Hard worker
3) Helping Other People Grow and Develop
4) Bringing Positive Energy and Passion to the Team Everyday
5)Showing Up on Time
6)Making the person's life above you easier
7)Being Reliable
Every position has different responsibilities, and you will learn on the job. However, there are things you can control right away that will get you noticed quickly and can relate to any position. Below are my top tips.
1) Being Ready and eager to Learn
2) Hard worker
3) Helping Other People Grow and Develop
4) Bringing Positive Energy and Passion to the Team Everyday
5)Showing Up on Time
6)Making the person's life above you easier
7)Being Reliable
Updated
James’s Answer
Early on in an accounting career, the biggest responsibilities relate to being coachable and showing initiative. While the work of a new hire is important, there are typically several levels of review, meaning that making a mistake does not mean the end of the world. The best way to learn on the job, and ultimately prove that you can take on more responsibility, is showing that you are willing to put in the time required for quality work and learn from mistakes. Everyone makes errors at some point, but owning up to them and working to avoid making the same ones twice will go a long way. By making these your biggest responsibilities, you will learn a great deal in just a short amount of time and likely be granted new opportunities.
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Lilian’s Answer
Primary responsibilities of the accounting function is ensuring that a company complies with regulatory and internal reporting requirements such as financial statements for the public or activity based costing for a Service Delivery Manager who has a budget to manage. Primary functions within a finance team include financial reporting, accounts payable and accounts receivable, financial planning and analysis and payroll.
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Alexandra’s Answer
Hi Gisbel, there are many aspects of a career in accounting and different fields. Broadly speaking, accounting firms offer three major career paths: audit, tax and advisory. The audit teams conduct annual audits of different clients. Tax groups prepare tax returns or provide advice on tax questions. The advisory group provides consulting services. As an intern, you would likely be in one of those 3 groups and they also have sub-groups. For example, tax may have "indirect tax" or "international tax." However, it is possible to switch groups early in your career or even at a later point. As an intern you would generally be responsible for reviewing, organizing and understanding information provided by clients and looking for answers to their questions.
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Simeon’s Answer
For someone in accounting, the job is about ensuring the completeness and accuracy of the company's financial books. There are more specialized accountants that deal with specific industries or types of transactions, however.