Qualifications and Experiences for Corporate Accountants

This article discusses the qualifications and experiences that employers look for in corporate accountants. It covers the academic and professional qualifications required for this role.

Running head: QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM
CORPORATE ACCOUNTANTS
Qualifications and experiences that employers seek from Corporate Accountants
Name of the Student:
Name of the University:
Author’s Note:
Course ID:

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Table of Contents
Introduction:....................................................................................................................................3
Discussion:.......................................................................................................................................3
Answer to requirement 1:................................................................................................................3
Answer to requirement 2:................................................................................................................3
Answer to requirement 3:................................................................................................................3
Answer to requirement 4:................................................................................................................3
Answer to requirement 5:................................................................................................................3
Answer to requirement 6:................................................................................................................3
Answer to requirement 7:................................................................................................................3
Answer to requirement 8:................................................................................................................3
Conclusion:......................................................................................................................................3

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Introduction:
The paper is prepared to gain an understanding of what experiences and qualification
employers seek from corporate accountants. For gaining job opportunities, employees used to
visit individually offices that provide them platform for exploring their career before there was
any facility of online jobs search. An individual person seeking jobs can search for his perfect
and suitable jobs using the facility of online job portal after the implementation of online job
portal system. Several job portals are used in Australia for gaining job opportunities and some of
them are core private and some are publicly or government sponsored. Some of the online job
search portals are Jora, seek and Indeed which are published by employers in Australia. As per
the requirement of qualified job seekers, a significant number of job are posted on this job search
portals that helps in creating job opportunities.
Various job opportunities related to accounting on these job search portals are available
such as position of corporate accountant, senior accountant, corporate and management
accountant, corporate financial accountant, tax accountant, corporate financial and management
accountant, senior accountant in tax and corporate reporting, senior financial accountant and
some other similar positions. Online job portals such as Indeed, seek and Jora provides
candidates with an opportunity to search jobs from an array of categories and they can opt for
them in accordance with their expertise and experience. Such platforms also helps in connecting
the recruiters with the required and needed candidates and they proved beneficial.

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
For most of the corporate accounting occupation, most of the employers requires at least
a bachelor’s degree in finance or accounting to get qualified for the positions of different
corporate accounting. In some cases, they might also seek some certified public accountant
credential. Candidate’s interest in tax accountants’ position should have knowledge of tax with a
minimum bachelor’s degree in accounting and in depth knowledge of taxes and its structures.
Similarly, candidates interested in the position of accounting corporate finance should have a
bachelor’s degree in finance or accounting and should have professional qualification with
knowledge of accounting and finance.
The objective of this assignment is to develop an understanding of the requirements of
the employer or recruiters from corporate accountants. This has been assessed by collecting
significant number of job advertisements posted by the employers in the online job search
portals. For this purpose, all the jobs in the corporate accounting for the position of corporate
accountant, tax accountant, corporate financial accountant and accounting corporate finance that
have been posted from 22nd July, 2019 have been incorporated in the discussion (Ahadiat and
Martin 2015). Many commerce graduates and post graduates seeks such jobs published in the
online job search portals in the particular field along with some specialization.

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Discussion:
Answer to requirement 1:
The source used for collecting the job advertisement is seek and Indeed and the job
advertisement for the position of tax accountant, corporate financial accountant, corporate
accountant and accounting corporate finance. For the evaluation of job advertisements, thirty job
advertisements have been collected using two sources that is Indeed and seek and all the jobs
related to corporate accountants’ position. Therefore, in total thirty job concerning corporate
accountant’s position are collected. Fifteen job advertisements have been chosen from online job
search portal named Indeed and other portal named Seek has been used for collecting another
fifteen job advertisements. These job advertisements relates to the position of tax accountant,
corporate financial accountant, senior tax accountant, senior financial accountant and accountant
corporate finance.
Answer to requirement 2:
In this requirement, all the organizations posting the job advertisements have been
demonstrated. In addition to this, the industry breakdown of the selected organizations posting
advertisements is also depicted (Au.indeed.com 2019).
Larosa and Hardman Chartered accountants-Accountants and advisers industry
Watson and Hegarty— Accountants and advisers industry

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Hays accountancy and finance— Accounting and finance
Allianz Australia Insurance limited— Insurance industry
Scott Associates Pty limited— Motor trade and other industries
Infocus money management— Wealth management industry
Cartlon United Breweries— Brewing industry
Macias Consulting Pty limited— Consulting and business services
Fortescue metal group limited— Metals and mining
Sentinel Property Group— Property Investment industry
Redpath Partners Pty limited— Recruitment industry
National plant and equipment Pty Limited— Equipment industry
Michael page accounting and finance— Accounting and finance industry
Sharp and Carter— Recruitment industry
The information management group Pty Limited— Information management industry
Crawford and company — Insurance industry
Delaware North companies — Hospitality and food services
Corporate services— Finance and banking

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
National Group— Mining, resource, logistics and personnel suppliers industry
Broad construction— Construction Industry
Slater and Gordon — Consulting and business services
Australian accounting and franchising professionals—Finance and accounting
Accenture—Communications, media and technology
Lawson Elliott— Accounting and finance recruitment
TabCorp Holdings— Consumer goods and services
Grant Thornton, Australia— Consulting and business services
Charterhouse— Human resources and staffing
Answer to requirement 3:
Many companies have posted the job advertisements for the position of corporate
accountants, senior financial accountant and tax accountants on the job portals. The job titles
mentioned in the advertisement by different companies are depicted in the table below:
Name of job Name of the company
Tax accountants 1. Watson and Hegarty
2. Larosa and Hardman Chartered
accountants

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
3. Allianz Australia Insurance limited
4. Infocus money management
5. Scott Associates Pty limited
6. Macias Consulting Pty limited
Senior Accountant : Tax and corporate
reporting 1. Charterhouse
2. Accenture—Communications, media
and technology
3. Delaware North companies
4. Broad construction— Construction
Industry
5. TabCorp Holdings
Financial accountants 1. Hays accounting and finance
2. Macias Consulting Pty limited
3. Redpath Partners Pty limited
4. Sentinel Property Group
(Au.indeed.com 2019)
Senior financial accountants/ Senior
accountants
1. Sharp and Carter
2. The information management group
Pty limited
3. National plant and equipment Pty

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Limited
4. Fortescue metal group limited
5. Grant Thornton, Australia
Answer to requirement 4:
This question requires identifying and listing all the personal attributes of the corporate
accountants that have been collected in the job advertisements. It is expected by the employer
that corporate accountants should have great organizational skills that helps in boosting high
degree of precision. Senior financial accountants hired would be required to assist the senior
management accountants and financial controller with a range of accounting functions. Talent
accountant is required for joining the team to assist high performing business. Strong mix of
commercial and technical acumen and they should be able to use dynamic commercial
experience and strong financial accounting so that they can lead technical team (Durocher et al.
2016). The list of personal attributes of corporate accountants are listed below:
Creativity- Competent accountants should be able to develop a better solution if there
exist some opportunities. This attribute would strengthen the accountants in dealing with
particular problems.
Constant learning- Corporate accountants should be able to learn continuously as it helps
in the development of their skills and efficiencies.

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Organizational skills- The attributes of strong organizational skills is needed in an
accountant as it helps in determining their efficiency.
Initiative- Initiative is necessary have proof that accountants are able to lean on their
own.
Commercial awareness- The need for commercial awareness is a significant attribute,
which must be possessed by any corporate accountants. It is the awareness about the economy
and how social, political and economic movements affects the laws pertaining accounts (Hasan
et al. 2016).
Collaboration- The image of a corporate accountant sitting in a cubicle is something that
is cherished by people. However, this image is completely inaccurate. Accountants in fact
provide support to others and they work in a team (Webb and Chaffer 2016).
Communication skills- It is of utmost important for the accountants to collaborate and
communicate with their colleagues from different departments.
Resilience- Resilience is the attribute that would help accountants in keeping up with the
challenges faced by them.
Integrity- The fundamental element of accounting profession is integrity as this attribute
of the accountants make them honest, forthright and candid.

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Answer to requirement 5:
 Innovativeness- One of the indispensable tools for the business is accountancy and
without the solid application and tight control on numbers, it is not possible for making
any project off the ground. With evolving business, innovation is required and this
requires going with the accounting. Recruiters when opting to hire any accountants, they
look and prefers the candidates with poised who will be able to create some future impact
on the accounting profession. Innovative skills would make the accountants competent
that helps in the implementation of effective and unconventional approaches and use the
approach that would have something more than the textbook (Gerstein and Friedman
2016).
 Strong organizational skills- Strong organizational skills is the characteristics of best
accountants as they are required to keep up with all the figures, data and paperwork.
Work should be organized by the accountants in a manner that would help in maximizing
the overall productivity of the organization. Well-organized accountants are able to
ensure that they are efficient in accessing the required information and using the time for
the most important tasks that requires attention (McMurray et al. 2016).
 Commercial awareness- It is essential for the accountants to be well acquainted with the
latest amendments in the laws as the nuances of law and state of economy is subjected to
change. One of the primary reasons, which makes the expertise of accountants essential,
in the first place is that it is constantly in flux.
 Integrity and strong ethics-One of the most important imperative to be good corporate
accountants is a strong sense of integrity and honesty. A corporate accountant who lives a

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
life with strong integrity make sure that all the confidential information of the
organization for which he is working is kept private (Thomas 2018). He will ensure that
his clients follow all the required and relevant laws concerning the operations of business
and accounting properly.
 Commitment to professional development- Commitment to consistent professional
development is another important trait of accountants because it would cause them to
serve the organization by obtaining further qualifications, broadening their skills within
the industry and achieve professional development (Rodell et al. 2016). It is considered
crucial for the accountants to remain committed in improving their skills continuously.
 Structure and organized- One important attribute that is required to have in any
accountant is that he should be able to work in a highly structured environment. The work
of corporate accountants would involve strict rules and regulations and at times, it can be
repetitive. Therefore, to keep up with the complex project and deadlines, solid time
management skills is also needed by accountants. He or she should be able to prioritize
and organized all the works so that it can be performed seamlessly (Ojo and DiGabriele
2017).
Answer to requirement 6:
In this question, all the academic and professional qualifications of the corporate
accountants has been outlined and they are as follows:

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Corporate accountants are required to have some basic accounting skills and knowledge
about accounting subjects and accounting principles. The academic qualifications of corporate
accountants is the minimum requirement that is sought from the accountants as it helps them in
acquiring with some technical skills and accounting knowledge. Accounts are required to possess
basic accounting qualification such as a bachelor’s degree and certificate from any certified
professionals (Lukmanjaya 2019). In addition to this, they are also required to have some
attributes such as innovation, earning capabilities, awareness of commercial and changes in law
and regulations, honesty and integrity.
Some of the professional qualification that is required from the corporate accountants
include a degree from association of chartered certified accountants, chartered institute of
management accountants and professional qualifications. Qualified or certified accountants are
the financial professionals who are groomed by the influential institutions. The professional
qualifications also include getting a certified degree from ATT qualification, AAT qualification
and CFAB qualification. Another professional qualification required by the accountants is having
a minimum of four years of experience. In addition to this, knowledge about some accounting
software such as SAP, XERO and MYOB will be preferred (Bunney et al. 2015).
In order for the corporate accountants to be qualified as senior financial accountants, the
professional qualification that is required to have is that the person should be chartered
accountants with a minimum of 3 years post-qualified experience who have started their career in
the Big four accounting firms and should have exceptional communication and strong technical
skills (seek.com.au 2019).

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Answer to requirement 7:
In the MPA unit HI 5020 Corporate accounting, the subject has focus on the practical
techniques and theoretical framework of accounting. Some of the topics that are covered under
this unit are profit distribution, company formation, liquidation, capital restructuring and
preparation of consolidated accounts under the accounting regulations and standard. The
responsibilities, tasks and role of the corporate accountants plays a significant role in addressing
the needs that are required to deal with the subjects that have been studied. The commitment of
the accountants to the professional development make them embrace new development and its
practical implications (Lim et al. 2016).
The attributes of increasing the level of accuracy by the corporate accountant would help
in analyzing the business operations by assessing the accounting information provided by the
owners of business and thereby determining its efficiency and effectiveness. In addition to this,
the predictive ability of the accountants can be used for forecasting future trends by analyzing
sales and by looking at the historical values.
Creativity aspect of the accountant would help in handling the accounts by turning the
business idea and this would be done if the accountants possess the attribute of creativity. They
can go over the business plan for ensuring that the forecast and the financial figures are reliable
and evaluating whether they are based on some solid foundations (Eisenberg 2017).
The connection between the topic that is studied in MPA unit HI 5020 corporate
accounting and the attributes of the accountants required by all the job advertisement that have

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
been collected is that they should possess the quality of organizational commitment that would
help in the development of business goals by aligning their skills of integrity, commitment and
creativity. It is required by the accountant to adhere to some basic principles while performing
some accounts related tasks. Such tasks relate to the preparation of the standalone financial
statements and consolidated financial statements of entity and evaluating the posting of various
financial figures mentioned in the account. The basic requirement criteria of the company while
appointing corporate accountant is performing all the accounting tasks in a diligent and efficient
manner (Hageman and Fisher 2016). Such attributes synchronize with the topics related to the
accountants in the unit of HI 5020 corporate accounting.
Answer to requirement 8:
The MPA unit HI 5020 talks about various accounting related tasks such as preparation
of consolidated financial statements, distribution of profit, formation of company and
reconstruction of capital. Various attributes that are required by the corporate accountants in
handling these tasks are lacking and have not been discussed in the unit. On other hand, the
online job advertisement about the corporate accountants seeks the qualifications from
accountant that would help the business by developing financial support while mentoring and
developing the existing people who are working at the lower level of accountants such as clerks
handling the accounting data. Corporate accountants should be able to collaborate with the
leaders across the industries so that they help in adding computational advantage to the business
(Cegielski and Jones 2016). It can be inferred that the personal attributes that is required by the
corporate accountants is missing, as the unit have not made any discussion about some

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
prerequisites of the accountants. Another additional topic that is missing from the unit is that the
requirement of technical expertise and sound knowledge of technology by the corporate
accountants as they would be responsible for the development and improving the process of the
financial system. Therefore, the learning unit HI 5020 of the corporate accounting misses
discussion on some of the requirements and knowledge, which the corporate accountants needs
to have.

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
Answer to requirement 9:
The corporate accountants requires having the attributes that would help in leading
people and minimizing operational complexities by driving improvement in the system and
processes. He or she should be able to support continuous process and improvement in
governance along with the development of overall capability of team. The MPA unit of HI 5020
corporate accounting helps individual in enhancing their learning process that would assist them
in dealing with the accounting business requirements. The basic requirement that should be
possessed and accounting knowledge in the preparation of the consolidated financial statements
has been laid down in the unit. This helps them in sharpening their accounting skills and
contribute to the development of business goals. The accounting principles, which forms the
basis of preparation of the financial statements of the company, should be well understood by the
accountants (Spraakman et al. 2016).
Conclusion:
The report prepared has helped in gaining an understanding of the requirement of the
experiences and qualifications of the corporate accountants and the organizations hiring such
accountants seek from them. For the purpose of analysis of such experiences and qualifications,
30 job advertisements have been selected two online job search portals. Analysis of different job
advertisement have assisted in the practical criteria of the requirement from the corporate
accountants. The paper prepared have also assisted in gaining knowledge about the personal
attributes, which should be possessed by the corporate accountants. In addition to this, all the

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
professional and academic qualifications, which is necessary to be corporate accountants, have
also been outlined.

QUALIFICATIONS AND EXPERIENCES THAT EMPLOYER SEEK FROM CORPORATE
ACCOUNTANTS
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