Corporate Accounting Sample Assignment

CORPORATE
ACCOUNTING

Table of Contents
INTRODUCTION...........................................................................................................................3
1. Total job advertisement collected from each source...............................................................3
2. Name of the organisation and their industry breakdown........................................................3
3. Job titles list mentioned in job advertisements.......................................................................4
4. Personal attributes collected from all the sources...................................................................5
5. Personal attributes required by corporate accountant according to the understanding of
author........................................................................................................................................10
6. List of academic and professional qualification required for a corporate accountant
mentioned in the job advertisement collected...........................................................................11
7. Roles, responsibilities and tasks identified from job advertisements collection...................11
8. Additional attributes , topic and learning outcomes .............................................................11
9. Experience, attributes and skills required to become a corporate accountant.......................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Financial accounting refers to the collection of historical financial information on the
other hand financial management aims at capital resource allocation to increase the value of
stakeholders. Corporate accounting is an accounting branch where corporate accountant prepare
financial statements, cash flows and analyse, interpret the financial result of the company in
order to determine the performance of the company. Corporate accountant plays an important
role in the company by analysing the financial condition and formulates strategy in order to
improve the performance of company. In the present report 30 job advertisements are collected
from the job portals (Seek, Indeed and Jora) for the profile of senior accountant, corporate
accountant, financial corporate accountant, management accountant, corporate accountant and
many more. Further report also include various personal attributes that are required by corporate
accountant to perform their duties, their qualification and relation between the tasks,
responsibilities based on job advertisement with respect to the unit of corporate accounting.
1. Total job advertisement collected from each source
In the report total 30 job advertisement are collected from the all the sources. Job
advertisement collected from each source are:
 Seek: 22
 Indeed: 4
2. Name of the organisation and their industry breakdown
Seek
Company name Industry breakdown
Raymond L Thompson Financial consultancy
Lively's tax consultants Financial consultancy
Judd financial services Financial service industry
MCP accounting Pty Ltd Financial service industry
Bottrell business consultant Financial consultancy
Trinity accounting services Service industry

Ford perterson Accounting service
U & U recruitment partners HR consultant
The vocus group Diversified telecommunication services
Intuitive recruitment Pty. Ltd HR consultancy
Trademax Australia PTY Ltd Financial services
MediPharm Labs Australia Medical
Cape Coal and Mining industry
Freedom Kitchen Retail firm
Hays Accountancy and Finance Financial services
L'Oreal Beauty and cosmetic industry
Hall Chadwick Financial services
HRO Initiatives Retail firm
Hyundai Glovis Australia Pty Ltd Logistic industry
KeepltSafe Australia IT company
Outback stores Retail services
Mccorkell & Associates IT sector
Sojit Gregory Mining Mining industry
Resident Finance Officer aged care Medical services
Western Process Control Oil and gas
Reds Global Construction company
3. Job titles list mentioned in job advertisements
Seek
Job profile

Taxation accountant
Taxation accountant
Tax accountant
Tax accountant
Senior accountant
Senior tax accountant
Senior financial accountant
Senior financial accountant
Senior accountant
Senior corporate financial
Financial Accounting & Reporting
Financial Accountant
Assistant accountant
Team leader in finance and accounting
Financial accountant
Junior Management accountant
Junior Auditor
Permanent Junior accountant
Assistant accountant
Assistant accountant
Accounting officers
Assistant Accountant
Cost accountant
Finance Officer

Financial Accountant
Finance officer
4. Personal attributes collected from all the sources
Job profile Personal attributes
Taxation accountant Experience in working with MYOB AE and MAS4,
expert in using word and excel, experience of at least 2
years, able to negotiate and provide taxation advice.
Need top possess strong communication skills,
accounting skills and taxation skills.
Taxation accountant Australian work rights, qualified CA or CPA and
experience of 4 years as accountant.
Tax accountant Strong communication skills both verbal and written,
experiences in working in public practice and
experience of quick book, reckon accounts.
Tax accountant Minimum experience of 4 years in accounting firm,
qualified IPA, CA or CPA, knowledge of Microsoft
programs and understanding of accounting software's
such as Xero, MYOB etc.
Senior accountant Qualified CA or CPA, degree of commerce, ability to
work in a team, strong communication, time
management and information technology skills.
Senior tax accountant Experience of minimum 3 years and qualified tax
accountant with an accounting practice. Ability to
negotiate with clients, experience in preparation of tax
returns, BAS, knowledge and experience of SMSF,
Experience with MYOB AO, different accounting
software, self-motivated and ability to work in team.

Senior financial accountant Trained big 4, qualified CA, experience in accounting
and variance analysis, strong communication skills and
experience in auditing, consolidation of financial report.
Senior financial accountant Certification of CA or CPA, possessing a
The vocus group Qualified CA or CPA, 4 to 5 years of experience in
charted accountant firm, having analytical skills, strong
communication skills (Seek, 2019).
Intuitive recruitment Pty. Ltd Certification of CA or CPA, strong management skills,
knowledge of financial reporting, analysis of variance
data and presentation skills.
Financial Accounting & Reporting Effective communication skills with organizational
skills, candidate have knowledge related to
accountability.
Financial Accountant Must have 3 year experience in finance job role, have
enough knowledge related to ERP system as well as
SAP system. An individual should know how to deal
with the team and must know how to manage the billing
and Accounts receivable process.
Assistant accountant Must have an experience in commercial sector and
have a high degree of computer literacy. A candidate
must have excellent written and verbal communication
skill that helps to engage with people at all level.

Team leader in finance and accounting The accountant should be a perfect self starter, must
have a strong ethical and professional values. A
candidate must know how to take decision related to
company and have a knowledge relate to their corporate
finance.
Financial accountant Must have a high knowledge related to the IT skills and
they must know the leadership skills as well.
Junior Management accountant Have knowledge related to management accountant
with at least 2 years. Should be a great presenter and
being able to work under any pressure. A candidate
must belong to CA or CPA with knowledge related to
financial sheets.
Junior Auditor Have a relevant degree and have a strong verbal and
written communication with good leadership skills, A
candidate must posses the excellent and well developed
interpersonal skills with problem solving skills (Seek.
2019).
Permanent Junior accountant Must have a knowledge of preparation of monthly and
quarterly ledger accountant with final balance sheet.
Have 1 year experience and strong mathematical and
analytical skills
Assistant accountant Should know about general responsibilities related to
administrative duties and should have tertiary
qualification with high level of customer service.
Strong verbal and written communication with
excellent accounting knowledge.
Assistant accountant Should have strong problem solving skills so that they
can resolve the accounting discrepancies and some
irregularities. Have knowledge related to bank

reconciliation and ensure all the financial terms are
meet with deadlines.
Accounting officers Should have minimum 2 year experience and posses
good leadership skills. Should have knowledge related
to handle all the key specific financial issues.
Assistant Accountant Should have knowledge to handle all the key issues
related to finance, Complete BAS/ PATG/ Payroll tax
requirement and should know how to manage the
personal work priorities and professional development
with the skills as well as competence. Must ensure that
all the rules and responsibility are ensures.
Cost accountant Should have knowledge related to comprehensive cost
analysis and must posses CA/CPA and have work
experience with three years. They must have an ability
to meet with deadline and have high level of
commitment as well.
Finance Officer A candidate must have an experience with 3 years in
corporate accountancy. Excellent attention and have
knowledge related to problem solving skills. Must have
a bachelor degree in commerce.
Financial Accountant Provide day to day financial services to their company
and they must assist in preparation of entire financial
services for the company. Have knowledge related to
BAS and FBT preparation. A candidate must have an
experience to lead a team.
Finance officer A candidate must have a positive attitude that
compliments to the culture. They should have an
excellent communication skills and must have
knowledge related to the specific term used in finance.

A prior experience with the zero accounting system
software with be advantages but it is not necessary.
Finance manager A candidate must have strong technical accounting
skills, should have excellent communication ability to
deliver financial data to people or non financial
consumers. Have accountability to manage group of
accounting procedures and policy. Candidate must have
good technical abilities and skills to determine process
efficiencies and improvements.
Senior accountant Bluefin resources Pty limited, required senior
accountant in their company. Applicant must have
minimum 5 years of experience related to accounting.
They should have good knowledge of accounting and
financing. Must have ability to improve different
operating process, include balance sheet, annual budget
preparation etc.
Site finance manager Sharp & Cater organization required finance manager,
who is responsible for analysing data and provide
financial performance reporting effectively. Applicant
must have good experience of accounting and
stakeholders engagement ability.
Finance manager Troocoo company required applicant for finance
manager position. They are able to provide decision
support analysis. Must have strong commercial
astuteness also have strong MS and ERP suite skills.
5. Personal attributes required by corporate accountant according to the understanding of author
There are different attributes which should be possess by every accountant to perform theirs roles
and responsibilities which are as follows:

 Sense of accountability: Accountant need to possess accountability of their work and
accept the results and fallouts (Ahadiat and Martin, 2016). They must accept their mistakes
and make sure that these mistakes are not repeated again. Accountant need to give
attention to each and every detail in order to prevent mistakes.
 Ability to work in team: A good accountant need to have ability to work in team as
bookkeeping requires a team. They must have ability to work and coordinate with team
and deliver the best work without any mistake. They must be comfortable in meeting
with clients and coordinate tasks with team members.
 Strong communication skills: It is one of the most important attribute that every
corporate accountant must possess. They must have ability to communicate and
coordinate with team members and provide information to both the stakeholders.
Communicating every problem in business is the best ethical practice that account can do.
They need to communicate the key information to the company manager so that take
corrective actions on time (ADEBIMPE and PEACE, 2011).
 Excellent organisation: They must keep up with all the data, figures, facts and
paperwork in their daily routine. They should be able to organise their work, allow time
for analysis and interpretation data in order to maximize production.
 Accuracy: It is important for accountant to give attention to each and every detail so that
accurate results are generated. Inaccuracy may lead to financial risks of company, thus,
they need to give attention to detail and accuracy. It is one of the most important element
required by an accountant in their career. They must develop skills of checking
transaction double time so that outcomes are accurate (Smith, 2017).
 The accountant should also have a knowledge related to resolve all the financial services
and it will help to solve many conflicts between the employees. On the other side, the
accountant need to give attention to each and every detail in order to prevent mistakes.
So that it leads a business towards a success.
6. List of academic and professional qualification required for a corporate accountant mentioned
in the job advertisement collected
There are various academic and professional qualifications needed by a corporate
accountant to perform their job which are as follows:
 Bachelors or graduation in commerce, accounts, finance or equivalent\

 Masters in accounts or finance such as MBA
 certification of CA, CPA, CFA, CMA
 Experience in relevant industry
 Knowledge of Australian accounting standards
 Experience with various software like oracle, MYOB, Xero etc.
7. Roles, responsibilities and tasks identified from job advertisements collection
In above job advertisements, there are different roles, accountabilities and tasks has been
mentioned which is related to the topic that have learned in MPA unit HI5020 Corporate
Accounting. For example, taxation accountant role is to advice effectively related to taxation,
they are accountable for assisting company and consumers with their income and financial tax
statements, it related to the topic that is accounting of income tax (Dagwell, Wines and Lambert,
2015). All the gathered job advertisements is based on requirement of skills as well as
knowledge, which is appropriately related to the roles discussed in topics of corporate
accounting. All the topics that I have learned in MPA unit HI5020 corporate accounting define
the different roles and their responsibilities which is identified in job advertisements. Tax
accountant, senior accountant, senior tax accountant, senior financial accountant, Assistant
accountant etc. roles is described in job advertisements. Each and every topic is based on
corporate accounting that define requirements of organizations for new applicants. Job
advertisements is collect according to the demand of companies which discuss on topics.
8. Additional attributes , topic and learning outcomes
Code of ethics and accounting practices is the additional topics that are missing in MPA
unit HI5020 Corporate accounting which is essential to be listed on job advertisement. Ethics is
important fundamental element of accounting profession (Christ and Burritt, 2017). Professional
accountant should comply with following fundamental principles such as integrity, professional
competence , objectivity, professional behaviour and confidentiality. All the five principles is
very significant and should mentioned in project. According to these code of ethics, accounting
professional do not disclose professional data in front of any other person, they need to take
special permission to do so. Furthermore, accordant to ethics they need to comply with relevant
regulations and laws because it affect on their professional career.
Accounting practices is the another missing topics which is mentioned in MPA unit
HI5020 Corporate accounting that is listed in job advertisement. It refers to process by which

accounting related policies is implemented and developed as well as adhere by accountant,
accounting professional and team in daily routine. In this topic how to control and manage
accounting department is mentioned. It is based on 4 aspects of accounting that is, recoding,
summarizing, classifying and interpreting financial data. Through both topics mention above
people can be able to learn who to work professionally.
9. Experience, attributes and skills required to become a corporate accountant
Corporate accountant is specialize in accounting business and maintain company
financial records to assure compliancy with regulations, laws and firm's policies. Much of their
work is used internally to support executives takes financial decisions for company (Zeff, 2018).
To become successful corporate accountant, some skills is essential like communication skills,
information technology proficiency, leadership skill, interpersonal and self motivation skills.
Communication skills is essential for accountant in organization, that helps to communicate with
other people at workplace effectively. Needed communication skills is includes writing and
presentation skill, corporate accountant need to participate and speak in meeting were this skills
is required the most. Furthermore, to become corporate accountant an individual should be
proficient in use of particular financial software that helps to grow its professional career.
Person need to be graduate from high school, complete their internship with reputed company
and at last must obtain master degree.
Almost 3 year of experience is needed to become a good corporate accountant, they must
have bachelor's degree in accounting. The most essential attributes required in corporate
accountant that is high load capacity, appearance, teamwork and creativity that helps to growth
its personal as well as professional career.
The topics that have learned in MPA unit HI5020 Corporate accounting is very beneficial
and helpful to gain above skills, attributes and experience required to become a corporate
accounting. In all these topic the information I have gathered is related to different roles of
accounting.
CONCLUSION
From above, it has been summarized that 10 job advertisements has been collected in this
reports from different sources. In each job advertisements, the name of different companies is
mentioned who posted it for different job titles. List of personal attributes mentioned in job

advertisement helps to find out the most appropriate applicant. Furthermore, it has been
concluded that corporate accountant must have communication skill, leadership and team
building abilities that contribute to gain positive outcomes. Through corporate accounting topics,
it is easy to understand the roles, responsibilities and attributes of corporate accountant. Code of
ethics and accounting practices topic need to mention with other topics that helps to learn
professional activities. Professional and academic qualification for corporate accountant is very
essential. Moreover, all above job advertisements is related to jobs in corporate accounting
sector. Topics that has been taken in project helps to learn different skills and characteristics
contribute to become a corporate accountant.

REFERENCES
Books and Journals
ADEBIMPE, D. U. and PEACE, O., 2011. Corporate governance, company attributes and voluntary
disclosures: A study of Nigerian listed companies. CHIEF PATRON CHIEF PATRON.
Ahadiat, N. and Martin, R. M., 2016. Necessary Attributes, Preparations, and Skills for the Selection and
Promotion of Accounting Professionals. Journal of Accounting & Finance (2158-3625). 16(1).
Christ, K.L. and Burritt, R.L., 2017. Water management accounting: A framework for corporate
practice. Journal of cleaner production, 152. pp.379-386.
Dagwell, R., Wines, G. and Lambert, C., 2015. Corporate accounting in Australia. Pearson
Higher Education AU.
Hao, S., Li, W. and Shi, G., 2017. Religion and Corporate Accounting Conservatism. Available
at SSRN 2975686.
Smith, G. S., 2017. The accountant: a character in literature. Meditari Accountancy Research.
25(1). pp.2-27.
Tulsian, P.C. and Bharat, T., 2017. Corporate Accounting for B. Com.(Hons.). S. Chand
Publishing.
Zeff, S.A., 2018. An Introduction to Corporate Accounting Standards: Detecting Paton's and
Littleton's Influences. Accounting Historians Journal, 45(1), pp.45-67.
Online
Seek. 2019. [Online]. Available through: <https://www.seek.com.au/job/40045985?
type=standout&searchRequestToken=5a23ec32-fff9-43be-8910-a9f35a4528e5>.
Seek. 2019. [Online]. Available through: <https://www.seek.com.au/taxation-jobs-in-
accounting/in-All-Australia?subclassification=6160%2C6151%2C6157 >.