Corporate Accountant Job Requirements: An Analysis of Australian Ads

This report provides an abstract of various job advertisements posted by Australian companies for corporate accountant positions. It summarizes the required skills, attributes, and experience needed for the role, along with an analysis of the companies posting these advertisements and their industry breakdown. The report also interrelates the job requirements with the topics covered in the MPA unit HI5020 Corporate Accounting, highlighting any additional topics or learning outcomes that might be missing from the unit. Furthermore, the report critically evaluates the skills, experience, and attributes necessary to become a corporate accountant and discusses the relevance of the topics covered in the MPA unit HI5020 in preparing for this career. The report includes a collection of job advertisements from various sources, detailing the required personal attributes, academic and professional qualifications, and the interrelation between job responsibilities and course topics. The conclusion summarizes the key findings and provides an overview of the essential skills and knowledge required for a corporate accountant, as well as the role of the MPA unit HI5020 in preparing for this profession.

CORPORATE
ACCOUNTING

ABSTRACT
The report abstracts about list of advertisement which are posted by Australian
companies for post of corporate accountants. As well as detailed information about skills,
attributes and experience to become corporate accountant is also summarized in report. Further,
role of topics included in MPA unit HI5020
Corporate Accounting, in becoming a corporate accountant is mentioned.

Table of Contents
ABSTRACT.....................................................................................................................................2
INTRODUCTION...........................................................................................................................4
MAIN BODY...................................................................................................................................4
1. Job Advertisements Collection and their relevant sources.................................................4
2. Name of companies posting such advertisements and their industry breakdown..............4
3. Job Titles mentioned in advertisements collected..............................................................5
4. Required Personal Attributes mentioned in Job Advertisements Collected.......................5
5. List of Requisite Personal Attributes within the Job Advertisements Collected in a detailed
manner....................................................................................................................................6
6. Academic and Professional qualifications of a corporate accountant that have been listed9
in the advertisements collected..............................................................................................9
7. Interrelation of tasks, roles and responsibility of job advertisements with the topics of MPA
unit HI5020 Corporate accounting. .....................................................................................10
8. What additional topics, attributes or learnings outcomes are missing from MPA unit
HI5020..................................................................................................................................11
Corporate Accounting that are listed on the job advertisement..........................................11
9. Critically evaluation of the skills, experience and attributes needed to become a corporate
accountant. As well as role of topics of MPA unit HI5020 Corporate Accounting to become a
corporate accountant.............................................................................................................12
CONCLUSION..............................................................................................................................14
APPENDICES...............................................................................................................................15
REFERENCES..............................................................................................................................23

INTRODUCTION
The term corporate accounting can be defined as a field of accounting that is related to a
specific accounting branch which controls accounting process of various organisations (Tschopp
and Nastanski, 2014). In broad sense, this accounting involves preparation of companies
accounts and analyse the financial results. As per the above description of corporate accounting,
it can be stated that role of a corporate accountant is responsible and crucial for companies. In
many countries, the demand of this profession is increasing by companies in last few years as
well as it is expected that this demand will raise in future.
Herein, the project report qualification and experiences for the post of a corporate
accountant is mentioned. As well as job advertisements for the post of above profession is
included in the report. Apart from it, various kind of skills and interests needed for this post is
described in detail under project.
MAIN BODY
1. Job Advertisements Collection and their relevant sources.
Under this, various kind of advertisement regarding to the corporate accounting have
been gathered from various kind of sources. All these job advertisement are collected from
different types of sites including national and international. Herein, below some sources of
collected job advertisements are mentioned such as:
Advertisement Number (On the basis
Appendices Section)
Sources Number of Sources extracted
1 Indeed.com 2
2 Job-seeker.com 3
3 Glassdor.com 2
4 Gumtree.com 1
5 Adzuna.com 1

2. Name of companies posting such advertisements and their industry breakdown
Herein, this section of the project report name of organisations who are posting
advertisement for vacant accountant posts is included. Below name of companies are mentioned
as the appendices section:
Advertisement
Number
Name of company Type of Industry
1 ALDI Supermarket
2 Robert Walters Recruitment consultancy
3 WT partners Finance consultancy
4 UBER, Strathfield Transportation
5 2 XM finance Accounting
6 Intuitive recruitment Recruitment consultancy
7 Mighty hive Media consultancy
8 Brookfield properties Construction
9 Ingenium group Information technology
3. Job Titles mentioned in advertisements collected
On the basis of below mentioned job advertisements, herein titles of required jobs are
mentioned such as:
 Corporate Accountant;
 Junior Management Accountant;
 Senior Tax Accountant;
 Tax Accountant;
 Senior Corporate Financial Accountant;
 Corporate Financial and Management Accountant;
 Financial Accountant;
 Senior Financial Accountant;

 Senior Tax Accountant.
4. Required Personal Attributes mentioned in Job Advertisements Collected.
The term personal attributes can be defined as those characteristics, skills and attributes
in an individual which are separate from rest of others (Christensen, Cottrell and Baker, 2013).
These attributes are the personal of the employees which varies from each other. Herein, below
personal attributes which are required in the nine job posts as per the appendices are mentioned
such as:
 Strong sense of ethics
 Technical skills related to selected position
 Extreme trustworthiness
 Good problem-solving skills
 Ability of coordinating
 Flexibility as per the requirement of organisation
 Accuracy in work
 Killer time management skills
 Creativity
So these are the personal attributes of below mentioned advertisements which should be included
in an individual.
5. List of Requisite Personal Attributes within the Job Advertisements Collected in a detailed
manner.
As per above mentioned part four of project report, there are different types of skills and
characteristics which are being overlooked by an organisation in the applicants, that is known as
personal attributes (About skills and attributes of corporate accountant, 2019). Herein, below
description of above mentioned skills is included that is as follows:
 Strong sense of ethics- This is one of the main personal attributes which are needed in an
employee or individual. It is not related to a particular specific job or role, this is common
attribute which is expected in an individual by organisations (Williams, 2014). Under
this, an employee is expected to perform in ethical manner such as behaving with seniors
by respect as well as doing given tasks with full of efficiency. While in the absence of

this attributes, it can be difficult for both to the company as well as for employees.
Herein, it is important to know that this attribute is being identified during the working
time period.
 Technical skills related to selected position- The technical skills are those skills which are
specific as per to perform specific job or task. Eventually, it is very needed personal
attribute in the employees, this is so because if an employee will not have enough skill
related to the selected post then it can create difficulties and issues. Herein, this is
important to know that this attribute can be different from industry to industry. Such as in
the context of corporate accountant post, the technical skills are knowledge of accounting
is necessary. As well as in some other sectors like in information technology sector,
better knowledge of programming, computer language is essential as technical skills.
 Extreme trustworthiness- This is a kind of personal attribute which can not be taught or
trained inside an individual (Bhasin, 2015). It is based on the human values, culture and
family background. In broad sense, this attribute is expected by companies in the
applicants that they will perform their given tasks and roles with full of trust. Same as
above mentioned attributes, this attribute is also can be tested only after joining of a
candidate. As well as in the absence of this skill, it can be lead to various kind of cause in
the organisation. Such as in above mentioned companies such as ALDI, Robert Walters
etc. want their employees should be trustable. Along with for the role of corporate
accountant, this attribute is essential because of financial transactions.
 Good problem solving skill- It is a kind of personal attribute that is associated with the
ability of an individual towards solving any types of issue in organisations. Basically, an
employee is hired in a company to overcome the financial and non financial issues so it is
essential to a candidate to have this attribute. This attribute in the individuals can not be
taught or explained, it is inbuilt. In today's era mostly organisations hire only those
candidates who are able to solve any kind of issue as per the hired posts. In the context of
above corporate accountant, candidate should have skill to solve any type of financial
issues.
 Ability of coordinating & communicating- It is one of the key attribute which is required
by companies in the applicants (Soltani, 2014). This is a kind of attribute that is related to
way in that an employee communicate with their colleagues and managers. Effective

communication and coordination skills can take an employee on higher post as well as for
a job seeker these skills can help in getting good salary. On the other hand, in the absence
of this attribute, it can be difficult for a candidate to get any type of job. Apart from it, for
a corporate accountant, this skills is important to present the financial result in front of
managers with strong verbal communication. Otherwise, in the absence of this attribute it
can be difficult for companies to understand about their financial health. Additionally,
this attribute is not limited for a corporate accountant but also for any kind of sector this
is required.
 Flexibility as per the requirement of organisation- Mostly companies expect that their
employees should be able to work as per the requirement without making issue of
working hours (Ngwakwe, 2012). This attribute defines that employees should be flexible
in nature to work as per the requirement of organisation. While in the absence of this
attribute, various kind of conflicts may arise. As well as employees who in a manner as
per the need of company then no one can ruin the growth of that employee as well as of
company. The flexibility is not termed in the form of time but also there are various
factors in which an employee is required to be flexible such as working condition, pay-
scale etc. Such as above mentioned companies who posted the advertisement need
attribute of flexibility in the applicants.
 Accuracy in work- It is important for employees to perform tasks and roles with full
proper accuracy. This is so because in the absence of it, many causes can arise that can
effect the growth of company in a negative manner. This attribute is based on the
professional skills and competencies of an individual. Such as in the aspect of corporate
accountant job role, the accuracy is required in the prepared financial statements by
accountant. Along with any error in the financial statement can lead to huge loss for
company so it is a necessary attribute in an accountant.
 Killer time management skill- Time management is important in companies which is
based on the employees (El-Firjani, Menacere and Pegum, 2014). Hence, organisations
seek for those candidates who have strong time management skill. The importance of this
attribute is that companies can utilize their available resources effectively. On the other
hand, in absence of this attribute it can be difficult for companies to complete their day to
day task as well as for utilization of resources. For the post of corporate accountant, this

attribute is important because it is important for an accountant to make full use of time so
that financial statements can be provided on time.
 Creativity- This attribute is related to the innovative way in which an individual complete
given task and role (Yamey, 2014). If employees are creative then it can be beneficial for
companies because their any kind of issue will be resolved by this skill. Herein, the
context of for the post of corporate accountant, the creativity is important to present the
financial statements effectively to the investors.
6. Academic and Professional qualifications of a corporate accountant that have been listed
in the advertisements collected.
Except from personal attributes, the academic and professional qualifications are
important for a corporate accountant, because it requires professional knowledge. In the absence
of proper qualification skills, it can be difficult for an accountant to prepare financial statements
or to solve any financial issue (Ward, 2012). Eventually, companies require to hire those
candidates as a corporate accountant who has enough knowledge about accounts and commerce
as well as should have completed any specific course. The key role of a corporate accountant is
to help the companies by providing accurate guidance to companies on the basis of their
financial condition by assessing various financial statements. Additionally, the organisations can
operate their business operations effectively only if corporate accountant perform their tasks such
as financial data gathering, analysis and interpretation. This is also beneficial for estimating
financial plans or budgets on the basis of proper analysis of financial statements done by
corporate accountant. So as per the above mentioned role of a corporate accountants, it is
important to have enough academic knowledge which can be gained by completing masters and
bachelor degree in related field. Eventually, if an individual has complete academic qualification
in the field of corporate accountant then it will be easy for companies to hire that candidate.
Herein, below some academic and professional qualification of a corporate accountant are
mentioned such as:
 Complete knowledge about the Microsoft excel as well as of formulas which are being
used in the calculations.
 Any specified course such as charted accountant (C.A.), company secretory (C.S.) etc.
 Experience of working in any financial entity or company.

 Detailed knowledge about taxation, rules and policies of a particular country.
 Proved skills in the context of managing better relation with clients by strong
interpersonal skills.
 As well as candidate should be use to of spreadsheets.
So these are the academic and professional skills which are needed by an organisation in a
corporate accountant.
7. Interrelation of tasks, roles and responsibility of job advertisements with the topics of MPA
unit HI5020 Corporate accounting.
In the job advertisements for post of corporate accountant various kind of skills, roles are
required. This is so because the role of corporate accountant is very crucial and important in
context of any kind of organisation. In the aspect of MPA unit HI5020 Corporate accounting,
there are various kind of topics such as accounting for assets, liabilities, income tax etc. These
topics are linked with the role of a corporate accountant. It is so because mostly topics of above
unit consists various aspect of accounting that plays a significant role for the corporate
accountants' post. Herein, below some topics of MPA unit HI5020 Corporate accounting are
mentioned such as:
 Accounting for assets- This topic is related to the getting knowledge and information
about way in which assets related transactions are being recorded. There is a particular
systematic process to do the accounting of assets. This topic is linked with the roles and
responsibility of a corporate accountant. It is so because a corporate accountant must to
know about the accounting process to record the assets. In the absence of this ability, this
can be difficult for corporate accountant to record the transactions related to the assets
purchasing and selling.
 Accounting for non controlling assets- This topic of MPA unit HI5020 Corporate
accounting is also linked with the roles and responsibilities of corporate accountant as per
the above mentioned advertisements (Bloom, 2013). Such as in the Intuitive recruitment
company, they need this skill in their candidates for post of corporate financial and
management accountant. Except from it, this is important for corporate accountant to
have knowledge about recording of non controlling assets.

 Accounting of income tax- It is a topic which is included in the MPA unit HI5020
Corporate accounting is aligned with the skills required under various advertisement for
post of corporate accountant. For example in the Strathfield company, they need a
candidates who have detailed knowledge about income tax. In the absence of this topic's
knowledge, it can be difficult for candidates to be hired as a corporate accountant. Hence,
this topic of above accounting unit is important for post of a corporate accountant.
Eventually, the accounting of income tax is not only necessary for a corporate accountant
but also for all kind of accountant, it is important.
 Translating the Financial Statements of Foreign Operations- This topic of MPA unit
HI5020 Corporate accounting, is also aligned with the roles and skills required for post of
a corporate accountant. This topic defines about how to translate the financial statements
of foreign operations (Hillier, Ross, Jaffe and Jordan, 2013). It is very important for the
post of a corporate accountant because in absence of this skill, applicants can not be
hired. Additionally, companies make transactions from various nations so it is essential
for a corporate accountant to have skill to translate the financial statements of foreign
operations. Such as the ALDI plc requires the applicants who have above mentioned
skills for the post of corporate accountant.
So as per the above mentioned topics of MPA unit HI5020 Corporate accounting, stats the
interrelation with roles and skills required for post of corporate accountant as per published
advertisement of different companies.
8. What additional topics, attributes or learnings outcomes are missing from MPA unit HI5020
Corporate Accounting that are listed on the job advertisement.
The MPA unit HI5020
Corporate Accounting, consists various types of topics which are important for the post of
corporate accountant. Herein, below some attributes which are not covered in above unit are
described such as:
 Customer service orientation- It is a kind of attribute which is important for the corporate
accountant and not mentioned in above accounting unit. This attribute is related with the
making strong relation with the clients so that they may become loyal. This skill is
compulsory for a corporate accountant whether it is a private organisation or public.

Apart from it, in the absence of this attribute, it can be difficult for a corporate accountant
to sustain in any kind of company because increasing in number of clients is the primary
goal of companies.
 Knowledge of accounting software- In this era of technology, it is becoming essential for
accountants to have complete knowledge about the various accounting software (Momin,
2013). This topic is not included in the MPA unit HI5020
Corporate Accounting. Eventually, in the absence of detailed information of accounting
software to the accountant, they may take more time in providing the results. As well as this can
not be beneficial for companies to hire these kind of candidates who do not have enough
knowledge about online accounting software. Along with in most companies, the implementation
of advanced technology based software is increasing which make essential for corporate
accountants to have above mentioned skill.
 Skills to analyse and inter-prate the financial data- The role of a good corporate
accountant is surrounded with this skill. It is so because, corporate accountant should be
able to identify and analysis of financial data. It the key skill for a corporate accountant.
As well as in the absence of this skill, it can be difficult for businesses to assess the actual
financial position. This attribute is not mentioned under MPA unit HI5020
Corporate Accounting.
So these are the skills, attributes which are not included in the above unit of corporate accounting
but important for post of corporate accountant.
9. Critically evaluation of the skills, experience and attributes needed to become a corporate
accountant. As well as role of topics of MPA unit HI5020 Corporate Accounting to
become a corporate accountant.
The role of a corporate accountant is very important in aspect of companies. So it is
important for candidates to have complete skills, attributes and experience to become a corporate
accountant. Herein, below these skills, attributes and experience are mentioned such as:
Skills:
 Integrity- This is a kind of skill which is related to ability of integration with the various
kind of departments of companies. For the aspect of a corporate accountant, this skill is
essential because it can help in their work process. It is so because a corporate accountant

needs to make integration with different departments so that financial information can be
gathered and prepared.
 Team work ability- It is a type of skill that is associated to the working with all
employees as a team (Biondi, 2012). This is an important skill for candidates to become a
successful corporate accountant. It is so because, working as a team can minimise the
work load from the corporate accountant. As well as can lead to higher accuracy in the
performed tasks.
Experience:
The experience is a key aspect for all kind of jobs. This is so because an experienced
candidate can be more effective in compare to a fresher. For the post of corporate accountant,
there is no need of any specific experience. If candidates have complete qualification knowledge
then, they may become a corporate accountant. As well as mostly companies post the
advertisement for post of corporate accountant with experience of 0 to 5 years.
Attributes:
 Emphasizing accuracy- This is a kind of attribute which is related to completing tasks
with full of accuracy without making any error (Ramanna, 2013). To become a corporate
accountant, this is important to have this attribute because the role of accountant is too
crucial for companies so accuracy is must.
 Attention to detail- As per this attribute, a corporate accountant should be focused to
detailing the financial statements and transactions so that these can be understandable.
Role of topics of MPA unit HI5020
Corporate Accounting to become a corporate accountant:
In the MPA unit HI5020
Corporate Accounting, various kind of topics are included that can help in becoming a better
corporate accountant. It is so because there are different topics like accounting for assets,
liabilities, tax, group structures etc. All these can be useful for becoming corporate because these
topics are same as required by companies in their job advertisements for post of corporate
accountant.

CONCLUSION
On the basis of above project report, it has been concluded that corporate accountant is
very important in the context of all kind of organisations. The report concludes about job
advertisements which are posted by different companies for post of corporate accountant, senior
accountant, corporate and management accountant etc. Along with attributes, skills and
educational qualification to become a corporate accountant is also mentioned. Further, the report
concludes about relation between topics discussed in MPA unit HI5020
Corporate Accounting and skills required in job advertisement of companies.

APPENDICES
Advertisement 1:
Advertisement 2:

Advertisement 3:
Advertisement 4:

Advertisement 5:

Advertisement 6:

Advertisement 7 :
Advertisement 8 :

Advertisement 9 :

REFERENCES
Books and journals:
Tschopp, D. and Nastanski, M., 2014. The harmonization and convergence of corporate social
responsibility reporting standards. Journal of Business Ethics. 125(1). pp.147-162.
Christensen, T., Cottrell, D. and Baker, R., 2013. Advanced financial accounting. McGraw-Hill.
Williams, J. W., 2014. The private eyes of corporate culture: The forensic accounting and
corporate investigation industry and the production of corporate financial security. In
Corporate Security in the 21st Century. (pp. 56-77). Palgrave Macmillan, London.
Bhasin, M .L., 2015. Creative Accounting Practices in the Indian Corporate Sector: An Empirical
Study. International Journal of Management Sciences and Business Research. 4(10).
Soltani, B., 2014. The anatomy of corporate fraud: A comparative analysis of high profile
American and European corporate scandals. Journal of business ethics. 120(2). pp.251-
274.
Ngwakwe, C. C., 2012. Rethinking the accounting stance on sustainable development.
Sustainable Development. 20(1). pp.28-41.
El-Firjani, E., Menacere, K. and Pegum, R., 2014. Developing corporate accounting regulation in
Libya past and future challenges. Journal of Accounting in Emerging Economies. 4(1).
pp.22-56.
Yamey, B. S., 2014. The Development of Company Accounting Conventions, by. In Evolution of
Corporate Financial Reporting (RLE Accounting) (pp. 243-252). Routledge.
Ward, K., 2012. Strategic management accounting. Routledge.
Bloom, M., 2013. Double accounting for goodwill: A problem redefined. Routledge.
Hillier, D., Ross, S., Westerfield, R., Jaffe, J. and Jordan, B., 2013. Corporate finance (No. 2nd
Eu). McGraw Hill.
Momin, M .A., 2013, June. Social and environmental NGOs’ perceptions of corporate social
disclosures: the case of Bangladesh. In Accounting forum (Vol. 37, No. 2, pp. 150-161).
Taylor & Francis.
Biondi, Y., 2012. What do shareholders do? Accounting, ownership and the theory of the firm:
Implications for corporate governance and reporting. Accounting, Economics, and Law.
2(2).
Ramanna, K., 2013. Why'Fair Value'is the Rule: How a Controversial Accounting Approach
Gained Support. Harvard Business Review. 91(3).
Online:
About skills and attributes of corporate accountant. 2019. [online]. Available through:
<https://www.roberthalf.com/blog/salaries-and-skills/the-accounting-job-skills-you-need-to-
succeed>