Analysis of Corporate Accountant Job Advertisements - HI5020 Report

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This report analyzes 30 job advertisements for corporate accountant positions, examining the qualifications, skills, and experiences sought by employers. The analysis covers personal attributes, academic and professional qualifications (including CPA and CA), and the relationship between the job requirements and the topics learned in the HI5020 course. The report identifies key responsibilities, such as financial analysis, budgeting, and compliance, and links them to course content. It also highlights missing attributes and essential skills like business understanding and communication. The report concludes with a summary of the required competencies and provides a comprehensive overview of the corporate accountant role based on real-world job postings, contributing to a practical understanding of the profession. The report references various job search portals like Jora and Indeed, along with academic sources to support its findings.
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Running head: JOB ADVERTISMENT ANALYIS 1
JOB ADVERTISMENT ANALYIS
By (Student’s Name)
Professor’s Name
College
Course
Date
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JOB ADVERTISMENT ANALYIS 2
JOB ADVERTISMENT ANALYIS
Abstract
A corporate accountant profession is important to corporations in the contemporary
accounting in terms of profit distribution; liquidation and preparation of consolidated financial
statement, formation of the company, and reconstructions of capital. The main purpose of this
paper is to help develop a precise understanding of learners on specific qualifications as well as
experiences sought by employers from corporate accountants. To complete this, the searches
have been done in different electronic media and job search portals and significant data collected
on number of job advertisements posted by employers in these two sources. A series of questions
have been answered in this paper as well as qualifications and experiences sought in such
advertisements with the learning outcomes, objectives as well as contents of HI5020 subject.
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JOB ADVERTISMENT ANALYIS 3
Table of Contents
Abstract............................................................................................................................................2
Introduction......................................................................................................................................4
1. Number of Job Advertisement.................................................................................................4
2. Name of Organization...............................................................................................................4
3. Job Titles..................................................................................................................................6
4. Personal Attributes:.................................................................................................................6
5. Personal Attributes and Explanation.......................................................................................7
6. Academic and Professional Qualification...............................................................................9
7. Relationship of roles, responsibilities, and task with H15020 Topics Learned......................10
8. Missing Attributes.................................................................................................................11
9. Skills, Attributes and Experience Needed Corporate Accountant.............................................12
Summary/Conclusion....................................................................................................................16
References......................................................................................................................................17
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JOB ADVERTISMENT ANALYIS 4
Introduction
The precise understanding of the specific experiences and qualifications sought by
employers from corporate accountants is imperative in developing well-sought after corporate
accountant from the universities and colleges and continued into the workplace. Various job
advertisements as feasible on positions of corporate accountant, senior accountant, tax
accountant, corporate financial and management accountant and many other positions published
by Australian employers in electronic and job search portals including Jora and Indeed.
The specific discussion covers the personal attributes required from the corporate
accountants highlighted in the job advertisements alongside the comprehensive understanding of
every attributes as well as all academic qualifications and professionals of the corporate
accountant which are listed in the advertisement collected. It also discusses the linkage between
the fundamental roles, tasks and responsibilities recognized from the gathered advertisements
and the topics learnt in HI5020. The additional learning outcomes, topics, and attributes lacking
in the HI5020 listed on the job advertisement (Kaba, 2017). The experience, skills, as well as
attributes required to be corporate accountant are analytically examined with evaluation of how
the topics learnt in HI5020 have assisted me in acquiring experience, skills and attributes
essential for become an effective corporate accountant.
1. Number of Job Advertisement
30 job advertisements have been searched from Jora and Indeed)
2. Name of Organization
Organization Link
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JOB ADVERTISMENT ANALYIS 5
Shire of
Serpentine-
Jarrahdale
http://www.lgassist.com.au/career/126965/Revenue-Accountant-Western-
Australia-Wa-Mundijong?
utm_campaign=jora_paid&utm_medium=referral&utm_source=joraau
Marathon
Health
https://au.jora.com/job/Management-Accountant-
410db1722a319190d3e8e1f40ca2fe8a?from_url=https%3A%2F
%2Fau.jora.com%2FAccountant-jobs&sl=&sol_srt=bc5e49f6-38d5-4725-
9a2a-
85a3a4fc1b2f&sp=serp&sponsored=false&sq=Accountant&sr=2&tk=f1s7ofZ
njHxiDJxetzku-1rHPWdcvY3ExApQj0aQN
MPAU
Finance
https://au.jora.com/job/Financial-Accountant-
8eca0b460a6d4ee2e18f8d965b72e2b1?from_url=https%3A%2F
%2Fau.jora.com%2FAccountant-jobs&sl=&sol_srt=bc5e49f6-38d5-4725-
9a2a-
85a3a4fc1b2f&sp=serp&sponsored=false&sq=Accountant&sr=10&tk=f1s7of
ZnjHxiDJxetzku-1rHPWdcvY3ExApQj0aQN
Australia
Zoo Beerwa
h QLD
https://au.jora.com/job/Senior-Financial-Accountant-
d7bf1cdd88d9cec732401b00f381c4a2?from_url=https%3A%2F
%2Fau.jora.com%2FAccountant-jobs&sl=&sol_srt=bc5e49f6-38d5-4725-
9a2a-
85a3a4fc1b2f&sp=serp&sponsored=false&sq=Accountant&sr=9&tk=f1s7ofZ
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JOB ADVERTISMENT ANALYIS 6
njHxiDJxetzku-1rHPWdcvY3ExApQj0aQN
SITE
Centers -
Beachwood,
OH
https://www.indeed.com/q-Corporate-Accountant-jobs.html?
vjk=05ffb7fca626c5dc
Atrium
Health
https://www.indeed.com/q-Corporate-Accountant-jobs.html?
vjk=27e841d3bbd2a2d6
3. Job Titles
Management Accountant
Accountant
Corporate Accountant
Assistant Financial Accountant
Financial Accountant
Senior Financial Accountant
4. Personal Attributes:
Ability to work in a team
Capable of working under pressure
Conceptual knowledge of Australian Accounting Standards
Continually learning
Creativity
Stressing accuracy
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JOB ADVERTISMENT ANALYIS 7
High verbal and written communication skills levels
Knowledge of the field
Organization skills
Accountability sense
Strong Analytical Skills
Strong ethical sense
Reliability and trustworthiness
5. Personal Attributes and Explanation
Capable of doing work under pressure: A corporate accountant is required be highly
capable of doing work under pressure: The candidate must possess skills of coping with a
problem that arises during work.
Conceptual Knowledge of Australian Accounting Standards: Conceptual Knowledge of
AAS: The candidate must have AAS conceptual understanding.
High verbal and written level of communication skills: Excellent verbal communication
skills implies that you can create a relationship with your colleagues, whether they are rank-and-
file workers, board members, clients or suppliers who are so satisfied that they would like to
convey their gratitude.
Strong Analytical Skills: Analytical skills is capacity of data gathering and analysis,
problem-solving, as well as decision-making. Such strengths are helpful in addressing the issues
in a corporation and enhancing its overall achievement and productivity.
Strong ethical sense: Integrity and ethics are extremely valued personal attributes of a
corporate accountant. A corporate accountant has to distinguish right from wrong and always
showcase integrity in his accounting as well as bookkeeping activities.
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JOB ADVERTISMENT ANALYIS 8
Constantly learning: Whereas accountant must have the strongest grasp of basics, a
corporate accountant has to show interest in keeping informed and updated. With emergence of
novel principles, taxes and laws, accounting fields is ever-altering (Bhasin, 2015). A corporate
accountant must make sure that they have deeper comprehension of up-to-date developments and
news in the fields. In the contemporary corporate accounting, technology and software plays a
significant role in the field and corporate accountants have to acknowledge such emerging
trends. A corporate accountant who does not keep learning will never stay an asset to the
company in the long run (Ganesan & George, 2019).
Stressing accuracy: It is imperative for corporate accountants to remain precise in their
respective work. Digit misplacement may lead to an enormous financial risks for the company.
As consequent, corporate accountant has to emphasize on details as well as put more stress on
accuracy of work. A corporate account must have sufficiently developed desired double-
checking skills his work to a level where it is the second nature.
Organization skills: Accountants must deal with enormous paperwork, data as well as
numbers every day. To stay on top of all such details, and access the correct info efficiently, a
corporate accountant must display excellent organizational skills.
Accountability sense: An essential quality of a corporate accountant is accepting
outcome and their respective work fallout. A corporate accountant has to own up to his mistakes
and make sure he is not recurrent. A corporate accountant must be cognizant that mistake can
happen even to the most diligent individuals, and hence he must take the desired steps towards
inaccuracies’ prevention.
Ability to efficiently work in a team: Bookkeeping and accounting requires the team
effort and corporate accountant has to manage working with a team in desired work delivery.
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JOB ADVERTISMENT ANALYIS 9
The corporate accountant must remain comfortable meeting directly with clients and
coordinating tasks with the entire team which include senior stakeholders. A corporate
accountant must have knowledge of how to work collaboratively to reach the goals of the
organization.
Knowledge of the field: A corporate accountant remain essential in multiple fields as
well as industries. Whereas basic tasks stay the same, extra requirement as well as functions may
be anticipated of corporate accountant in particular fields. Thus, accountants must have a
comprehensive industry as well as niche grasp for the business client. A comprehension of the
goals, requirements besides the manner in which business is operated remains imperative in the
determination of right ways of proceeding with corporate accounting.
Creativity: It is frequently overlooked in corporate accounting, and remains amongst the
valued personal qualities of a corporate accountant. In the contemporary world, a corporate
accountant must remain creative as he crunch the numbers. A corporate accountant need to be
able to develop fresh strategies and ideas to solve sophisticated and unique matters.
Trustworthiness and reliability: Trustworthiness remains one of the most significant
qualities of a good corporate accounting and it is a valued asset in corporate accounting. A
corporate accountant deals with financial condition and health of the company, which is a
confidential issue. The corporate accountant has to possess reliability and integrity to guarantee
confidential data’s security.
6. Academic and Professional Qualification
Academic:
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JOB ADVERTISMENT ANALYIS 10
A bachelor’s degree, however, not usually mandatory, remains a plus in corporate
accountancy career. A bachelor’s degree in accounting, economics, management
and business studies
Typically, corporate accounting positions further require professional certification and in
Australia, there are 3 main accounting bodies with whom the corporate accountants gain
accreditation:
Certified Practicing Accountant (CPA Australia)
Institute of Chartered Accountants in Australia (CP Australia)
Institute of Public Accountants
A number of international accounting bodies are also recognized
Most of the employers look for a minimum bachelor’s degree in finance or
accounting to qualify for a corporate accounting profession. Some hirers further
require the CPA credentials and the opportunities of employment might increase
for such corporate accountants with such certification as Certified Management
Accountant which is administered by the Institute of Management Accountants.
7. Relationship of roles, responsibilities, and task with H15020 Topics Learned
The key tasks, responsibilities and roles are fully related with the book HI5020 as these
are basic requirements that a candidate must possess to become a well-sought after a corporate
accountant. In H15020, the responsibilities and roles of corporate accountants were covered and
the same have proved to be very essential for the corporate accountants. From the job
advertisement the common responsibilities for corporate accountant that we also learned in this
unit include:
H15020 and Responsibilities
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JOB ADVERTISMENT ANALYIS 11
Advising management on effective ways of crafting effective and efficient
business plans as well as cost-linked issues resolutions
Analysis of data to back decision making in the business
Analyzing finances to establish the risks and create desired forecasts
Consolidating and analyzing the financial statements as well as results
Gathering financial data as well as ledgers
Handling annually, quarterly and monthly closings
Manage financial reporting, forecasting and budgeting
Managing periodic reporting
Oversee accounting procedures to guarantee regulation compliance
Overseeing internal and external audits
Preparing budgets and monitoring expenditures
Supervising junior accountants
As has been seen in the above list, all these responsibilities were great covered in
the course topics and this explains the relationship.
H15020 and Roles:
There is an unequivocal relationship between the roles of a corporate accountant
and the topics covered in H15020. Corporate accountant specializes in business accounting as
well as maintenance of organization’s financial records hence ensuring compliancy with policies
of organizations, laws and regulations. Much of the corporate accountant roles and work is
utilized intrinsically to assist the executives make informed financial decisions for the Company.
These roles are the same we studied in the course and this implies that there is a great deal of
relationship (Hauff & Gousios, 2015).
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JOB ADVERTISMENT ANALYIS 12
8. Missing Attributes
Proficiency in IT tools like MS Office, MS Excel, and data visualization tools.
9. Skills, Attributes and Experience Needed Corporate Accountant
After critically examining all these aspects, it is deduced that a candidate must have at
least a basic knowledge of corporate accounting. A candidate may not necessarily be well
qualified but he/she should at least be proficient in corporate accounting. Some of specific skills,
qualifications and experiences common in the job advertisement include a CA or CPA,
bachelor’s degree (qualification); conceptual knowledge of Australian Accounting Standards,
capable of doing work under pressure (attributes) as well as strong skills of analysis, high verbal
and written levels of communication skills (Skills). Further details are shown below:
Skills and Attributes:
A person who is considering to become a corporate accountant must have certain
minimum levels of skills. Corporate accounting remains a specific branch of field of accounting
which works with corporations to handle roles, responsibilities and duties like cash flow
statement preparation, analyzing accounts, balance sheet consolidation, and other tasks. A
corporate accountant deals with financial aspects of the corporation whether small or large and
hence he is required to have a great deal of knowledge and responsibilities in various areas or
fields. The following discussion shows the type of competencies or skills anticipated from
corporate accountants.
Business Understanding: Since a corporate accountant works for a specific business, it
is imperative that he has a general comprehension of how such business is functioning. As a
corporate accountant, he will probably fill diverse roles linked to his position and shall need to
effectively interact with several departments within the company. Thus, a strong grasp on
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