HI5020 Corporate Accounting: Employer Expectations & Job Analysis

This report analyzes 30 job advertisements for corporate accountants in Australia, focusing on tax, financial, and management accountant roles. It identifies key skills like analytical acumen, multitasking, budget preparation, and strong financial reporting knowledge. Essential responsibilities include delivering year-end reports, management reporting, and business compliance. The report also links these requirements to topics covered in the HI5020 Corporate Accounting unit at Holmes Institute, highlighting areas for further learning and skill development. Desklib offers similar solved assignments and resources for students.

Running head: CORPORATE ACCOUNTANTS
CORPORATE ACCOUNTANTS
Name of the Student
Name of the University
Author Note

1CORPORATE ACCOUNTANTS
Executive Summary
Accountants form integral employees of an organization and in relation to this, it is
integral that the different accountants are possessed with the right kind of skills which
would enable them to undertake the different responsibilities which they are exposed to
and serve their duty. The report has analyzed the different job skills and requirements of
30 such job advertisements which were attained from The Seek in Australia. Each of
these job assessments was critically assessed and with respect to this, the analysis of
the key skills and responsibilities of the different tax accountants, financial accountants
and management accountants has been undertaken.

2CORPORATE ACCOUNTANTS
Table of Contents
Introduction........................................................................................................................4
How many job advertisements you have collected in total? How many job
advertisements you have collected from each sources....................................................4
Lists the name of the organizations posting the job advertisements and show the
industry breakdown of the organizations posting the job advertisements.........................4
List all the job titles mentioned in the advertisements that you have collected.................6
List all the personal attributes required from a corporate accountant that has been
mentioned in the job advertisements that you have collected with your detailed
understanding of each of the attributes.............................................................................6
List all the key roles, tasks, responsibilities of a corporate accountant that have been
listed in the advertisements that you have collected and analyzed..................................8
List all the academic and professional qualifications of a corporate accountant that have
been listed in the advertisements that you have collected................................................9
Based on the key roles, tasks, responsibilities identified from your collected job
advertisements, how those key roles, tasks or responsibilities are related to the topics
that you have learned in your MPA unit HI5020 Corporate Accounting............................9
What additional topics, attributes or learnings outcomes are missing from your MPA unit
HI5020 Corporate Accounting that are listed on the job advertisement............................9
Critically examine the skills, experience and attributes needed to become a corporate
accountant. Also critically evaluate how the topics that you have learned in your MPA

3CORPORATE ACCOUNTANTS
unit HI5020 Corporate Accounting have helped you in gaining the skills, experience and
attributes needed to become a corporate accountant.....................................................10
Conclusion.......................................................................................................................10
List of References............................................................................................................11
Appendix..........................................................................................................................12
HTML Links of the advertisements..................................................................................12

4CORPORATE ACCOUNTANTS
Introduction
The Corporate Accountants have a key role to play in any organization. The
Corporate accountant is required to look after the different finances of the firm and in
addition to this, the corporate accountant would also be required to see to it that the
financial statements of the firm can be managed sufficiently and in line of this the
financial stability of the firm can be maintained accordingly (Banerjee 2015). In line with
this, the aim of the following report is to outline the various job advertisements which
have been analyzed for the role of a corporate accountant. The various keywords which
have been made use of in this job relates to that of a tax accountant, a corporate
accountant, a financial and management accountant and a financial accountant. It lays
the role of each of these accountants to perform different tasks for the firm and maintain
stability. The report follows a systematic format whereby the different job
advertisements which have been selected for the analysis will be examined and based
on the personal attributes and the criteria’s listed in the advertisement, the key roles and
responsibilities, the suitability of the job along with the academic and professional
qualifications will be defined accordingly. Moreover, these roles and tasks will then be
aligned with the topics which have been learnt in the unit and how these can be utilized
to improve personal skills and attributes.
How many job advertisements you have collected in total? How many job
advertisements you have collected from each sources.
The job advertisements which have been assessed in the particular report can be
taken to be 30. A single source has been adopted for the purpose of the job selection.
The Seek Limited in Australia can be taken to be a large job classifieds portal which lists
down the different advertisements for job across all the sectors present in the country.
The different categories of the job which have been selected for the purpose of the firm
can be largely contributed to the associations like the Tax Accountant, a corporate
accountant, a financial and management accountant and a financial accountant. The
advertisements for these accountants belong to different industries.
Lists the name of the organizations posting the job advertisements and show the
industry breakdown of the organizations posting the job advertisements.
The different organizations for which the jobs have been posted can be found as
follows:
1. Michael Page Accounting & Finance
2. Hornsby Shire Council
3. Bentleys NSW
4. News Corp Australia
5. Intuitive Recruitment Pty Ltd
6. On Talent Pty Ltd
7. Commit Co Pty Ltd
8. Adelaide Oval

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9. Momenta Advisors
10. Hudson - Accounting and Finance
11. Stone Freight Solutions
12. Iplex AU
13. Chisholm Institute
14. KPMG
15. The Star Entertainment Group
16. Pithcer Partner
17. TMF Group
18. Law in Order
19. Sedgman Limited
20. acQuire Technology Solutions
21. Cummins
22. Queensland Government
23. Amana Living
24. Iplex Pipelines
25. BDO
26. Flor-Hanly
27. Banyule City Council
28. Sullivans Accountants Sydney
29. Cutcher and Neale
30. CommScope
The categorization of the industry of the companies can be taken to be as follows:
Industry Companies
Financial services Michael Page Accounting & Finance,
Bentleys NSW, Commit Co Pty Ltd,
Momenta Advisors, Hudson - Accounting
and Finance, Stone Freight Solutions,
Sullivans Accountants Sydney, Flor Hanly,
BDO, Cutcher and Neale, Pitcher
Partners,KPMG
Government Hornsby Shire Council, Queensland
Government
Media News Corp Australia, Star Entertainment
Group, Chrisholm Institute, CommScope
HR Intuitive Recruitment Pty Ltd
Non –profit On Talent Pty Ltd, Adelaide Oval,Banyule
City Council, Amana Living
Manufacturing Iplex Pipeline, Iplex Pipeline Sedgman Pty
Limited, Cummins
Data services acQuire Technology Solutions
Legal Law in Order
Service provider TMF Group

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List all the job titles mentioned in the advertisements that you have collected.
The different job titles which have been mentioned are as follows:
1. Senior Financial Accountant
2. Corporate Accountant
3. Business Services Senior Accountant
4. Senior Financial Accountant
5. Senior Corporate Financial and Management Accountant
6. Senior Financial Accountant
7. Financial Accountant
8. Management Accountant
9. Business Services and Tax Intermediate Accountant
10. Tax accountant
11. Tax accountant
12. Intermediate Tax Acountant
13. Senior Accountant
14. Intermediate Accountant
15. Senior Accountant
16. Financial Accountant
17. Financial accountant
18. Accountant
19. Assistant Financial Accountant
20. Assistant Accountant
21. Assistant Accountant
22. Senior Tax Accountant
23. Tax Graduate Accountant
24. Senior Financial Accountant
25. Senior Advisor-Enterprise Tax and Accounting
26. Senior Financial Accountant
27. Senior Advisor
28. Tax accountant
29. Financial accountant
30. Corporate Accountant
List all the personal attributes required from a corporate accountant that has
been mentioned in the job advertisements that you have collected with your
detailed understanding of each of the attributes.
The different personal attributes which have been listed down in each of the job
requirements for the post of an accountant can be stated to be as follows:
 Analytical Acumen: The job descriptions have rightfully mentioned that it is very
important for the accountant to have an analytical acumen which would assist in
seeing to it that the right kind of an issue will be targeted and the accountant is
successfully able to provide the right kind of solutions to the different
organizational problems (Barr and McClellan 2018). This skill is present in almost

7CORPORATE ACCOUNTANTS
all job descriptions and in regard to this, any future accountant must skill
themselves in this area.
 Multitasking: The accountant must also be a multitasker. This means that the
accountant would be required to be able to take up various tasks at one go and
manage the different accounts easily without any difficulty (Bekaert and Hodrick
2017). This will ensure that, the entire accounts of the company can be managed
well single handedly.
 Budget preparation: The accountant would be required to see to it that the
Budget should be such that it is able to convey to the non-accountants about the
financial condition of the organization (Burtonshaw-Gunn 2017). Therefore, in
regard to this, the accountant should have the skills to prepare the budget in the
right manner.
 Experiences: Almost all the organizations in the advertisements demanded that
prior experience needs to be made. In regard to this, it becomes crucial to
understand that, any accountant who would be required to work in good firm
needs to have prior experience in the given domain which would enable them to
achieve their goals in the right manner and would make them a good contributor
in the field (Finkler, Smith and Calabrese 2018).
 Qualified CA/CPA: The Accountant would be required to be a qualified Chartered
accountant or the CPA as it would enable them to see to it that they are qualified
accordingly (Henderson et al. 2015). All the firms who have been selected for the
advertisement have placed a requirement that for the organization, they would be
requiring a qualified individual who would be able to understand all the skills as
well as the techniques.
 Learner: The requirements also mention that the individual would be required to
be a learner. In regard to this, it would be crucial to understand that, the
accountant must be willing to undertake a learning of the various rules and
regulations which would be comparatively new to the accounting domain. This
would ensure that, he is being able to apply the latest regulations in the field.
 Strong financial reporting knowledge: Financial reporting is considered to be
different from accounting and in relation to this, it can be considered very
important for the firm to see to it that, their accountants have the adequate idea
about the financial reporting standards and techniques which would assist in the
right kind of financial decisions being made (Karadag 2015).
 Strong Interpersonal skill: Some of the advertisements have also mentioned that
they require their accountants to have the right kind of interpersonal skill which
would see to it that they are being able to communicate the financial results of
the firm in the right manner and that they can successfully help in maintaining
transparency in the workplace.
 Competency with Microsoft Suite: Some of the firms also mentioned that the
accountants would be essentially required to have a good comfort level with the
Microsoft Suite. This would assist in ensuring that, the accountant will be able to
communicate effectively with the different individuals.
 Team Player: As the organizations have lately become team oriented. It is
essential that the accountant is a team player as this would assist in seeing to it
that the accountant is successfully able to communicate with the different

8CORPORATE ACCOUNTANTS
departments and in line of this, they are being allowed to convey the right
message at the right time (Khan and Jain 2018).
List all the key roles, tasks, responsibilities of a corporate accountant that have
been listed in the advertisements that you have collected and analyzed.
The accountant needs to see to it that they are being able to complete a set of
key roles, responsibilities and the tasks which have been laid down during the job
recruitment and are essentially mentioned in the job description. The different roles,
tasks and the responsibilities stated can be taken to be as follows:
 Delivery of year end and month end report: This is one of the most critical
repsonsibilities and requirements which have been mentioned in the job
requirements. This states that, the different accountants would be responsible to
ensure that they are being able to prepare the monthly and yearly profit and loss
reports which would provide a clear image of the organization`s performance in
the eyes of the different investors (Kimmel et al. 2016).
 Management reporting: The management reporting can also be taken to be a
branch of reporting and in line of this, the different firms would be required to see
to it that the different accountants are being able to engage in the management
reporting which will assist the different managers in understanding the key areas
where the company`s performance has not been up to the required mark.
 Business compliance: The accountant would also be required to undergo
business compliance regulations. This means that, the accountant must be
rightfully accustomed to the different compliances and financial standards which
the business is required to follow as this would enable them to engage in the
right decision regarding the organization (Martin 2016).
 End to end Payroll process: The accountant is required to process the end to end
payroll procedure. This can be understood to be one of the most common
functions of the accountant as the HR department generally provides the
Accounts team with the adjustments and other payment aspects and in regard to
this, they would be required to make these salaried payments to the different
employees.
 Improvement systems: The accountant would also be required to undergo the
improvement systems which means that the accountant must be willing to learn
new things and be able to come up with various new standards and related
knowledge which would assist them in seeing to it that they are being able to
make the best use of the organizational resources and support it in the right
manner as well (McKinney 2015).
 Taxation and GST concerns: The taxation as well as the GST concerns can be
taken to be one of the most crucial concerns which the accountant would be
required to manage, this means that, it is important for the accountant to see to it
that they are being able to save taxes and file the returns in the right manner.
 Leading a team of junior accountants: Some of the job requirements state that
the accountant would be essential required to lead a team of junior accountants
which would enable them to attain success in the long run.

9CORPORATE ACCOUNTANTS
List all the academic and professional qualifications of a corporate accountant
that have been listed in the advertisements that you have collected.
All the job advertisements which were collected mention that the primary
academic and the professional qualification which the different accounts would be
required to undergo can be understood to be the qualification of a Chartered Accountant
or a Certified Public Accountant. These two courses are considerably popular all around
the globe and in regard to this, it can be considered very essential that the accountants
of the firm are at least accustomed with these courses which would assist them in
managing the goals of the firm in the right manner.
Based on the key roles, tasks, responsibilities identified from your collected job
advertisements, how those key roles, tasks or responsibilities are related to the
topics that you have learned in your MPA unit HI5020 Corporate Accounting.
The unit HI5020 covers a wide range of course topics which range from
Accounting for assets, Accounting for Liabilities, Share capital and reserves, the
Statement of Comprehensive income and Equity, the Tax management, the Group
structure management, the translation of the various financial statements and others.
Hence, it can be seen that a variety of responsibilities like the reporting and compliance
has been covered accordingly. Therefore, the coursework is well prepared and taken in
consideration with the real life requirements of the job of an accountant.
What additional topics, attributes or learnings outcomes are missing from your
MPA unit HI5020 Corporate Accounting that are listed on the job advertisement
After the analysis of the coursework topics which have been undertaken in
consideration to the various topics which are mentioned in the coursework. It can be
rightfully mentioned that the coursework has prepared various students for a large
number of requirements like the management of the financial statements, the
management of various taxation requirements and equity related tasks. Additionally, the
accountant would also be required to manage the aspects related to the standards and
regulations which have been essentially managed in regard to the coursework.
However, the given topics and attributes could be added to the coursework so as to
ensure that the different requirements can be met with in the right manner:
 Payroll Processing: It is one of the key duties of the different accountants to see
to it that they are being able to manage the payroll procedures. In relation to this,
it becomes essentially important for the university to include this aspect also in
the university so that the different accountants are being able to manage their job
well and are being able to make the payroll in the right manner and are being
able to comply by the different requirements of the workplace as well.
 Team management: The requirement mentions that the different accountants
would also be required to undertake team management activities. This means

10CORPORATE ACCOUNTANTS
that they are required to be provided with adequate skills which will help them to
manage the different teams in the right manner and be able to lead a team of
junior accountants adequately.
Therefore, if the university will be able to provide these skills to the different
students, they will be able to see to it that all the employees are well prepared for the
different job advertisements and fit to get a job.
Critically examine the skills, experience and attributes needed to become a
corporate accountant. Also critically evaluate how the topics that you have
learned in your MPA unit HI5020 Corporate Accounting have helped you in
gaining the skills, experience and attributes needed to become a corporate
accountant.
Hence, from the given analysis as undertaken in the previous section, it can be
rightfully mentioned that the job of an accountant is not an easy one and in order to be
successful in the long run, the accountant needs to have a large range of skills as well
as personal attributes which would enable him to perform well in the long run
(Schroeder, Clark and Cathey 2019). Some of these skills essentially comprise of the
aspects like analytical skills, calculation skills, learning skills along with interpersonal
and multitasking skills (Petty et al. 2015). With respect to this, the accountants would be
required to see to it that they are sharpening their overall skills at the right time and in
the right manner and in regard of this, they will be able to carry out their overall job
requirements in the right manner and at the right time (Zietlow et al. 2018).
I also aim to become an accountant in the long run and in relation to this, by
undergoing this assessment I was able to critically analyze the different types of skills
which are required to become an accountant and in regard to this, I was able to come to
a conclusion that, although I have good interpersonal and multitasking skills, I would be
essentially required to get a grip on the academic aspects of my course and brush up
my knowledge of various standards as well as the different laws which would assist me
to become a better accountant in future. In addition to this, I would also be required to
improve my grades in the future which would assist in securing me a job in the future.
Conclusion
Therefore, from the analysis as undertaken in this report, it can be rightfully
mentioned that, the job of an accountant as a whole requires an individual to possess a
large number of skills. These skills assist the individual in seeing to it that they are
successfully able to achieve their overall goals which the organization has set for
themselves. Hence, in this assessment, the different job advertisements have been
examined and the various skills, roles and job description have also been stated
accordingly. In the latter half of the report I have critically analyzed my skills and
assessed the manner in which I will be able to secure good job prospects.

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List of References
Banerjee, B., 2015. Fundamentals of financial management. PHI Learning Pvt. Ltd..
Barr, M.J. and McClellan, G.S., 2018. Budgets and financial management in higher
education. John Wiley & Sons.
Bekaert, G. and Hodrick, R., 2017. International financial management. Cambridge
University Press.
Burtonshaw-Gunn, S.A., 2017. Risk and financial management in construction.
Routledge.
Finkler, S.A., Smith, D.L. and Calabrese, T.D., 2018. Financial management for public,
health, and not-for-profit organizations. CQ Press.
Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015. Issues in financial
accounting. Pearson Higher Education AU.
Karadag, H., 2015. Financial management challenges in small and medium-sized
enterprises: A strategic management approach. EMAJ: Emerging Markets Journal, 5(1),
pp.26-40.
Khan, M.Y. and Jain, P.K., 2018. Financial Management: Text, Problems and Cases,
8e. McGraw-Hill Education.
Kimmel, P.D., Weygandt, J.J., Kieso, D.E. and Trenholm, B., 2016. Financial
Accounting. Wiley Custom Learning Solutions.
Martin, L.L., 2016. Financial management for human service administrators. Waveland
Press.
McKinney, J.B., 2015. Effective financial management in public and nonprofit agencies.
ABC-CLIO.
Petty, J.W., Titman, S., Keown, A.J., Martin, P., Martin, J.D. and Burrow, M.,
2015. Financial management: Principles and applications. Pearson Higher Education
AU. ]
Schroeder, R.G., Clark, M.W. and Cathey, J.M., 2019. Financial accounting theory and
analysis: text and cases. John Wiley & Sons.
Zietlow, J., Hankin, J.A., Seidner, A. and O'Brien, T., 2018. Financial management for
nonprofit organizations: policies and practices. John Wiley & Sons.