Looking for a job that isn’t going to get outdated? Or your good at working with accounts and have enjoyed any work experience you have had that links to the management of company budget or accounts. Then this is the right career path for you to have a look at. In every business there has to be someone who manages the accounts. Ever business regardless of their size will either employ or hire someone to help check and manage their accounts.
Becoming an accountant doesn’t just involve looking at the business accounts, but it is having the knowledge to advise and assist the business through looking at changes through their account data. Depending on the size of the company, the accountant would also work with each department to ensure budget is being kept. By tracking this an accountant is able to track where any cost may be reduced or where there may currently be unnecessary cost. Is this something you would be interested in? Would you be able to handle the responsibility involved?
Being able to provide advice to a company will help them to over come various financial challenges. This would include staying up to date on any new processes, for example when the HMRC updates any of the tax processes. This means you will need to be up to date on how these new processes work to ensure that this is also done for the company. Through this you will need to provide the company with assurance that their finances are in order and there will be a need to prove this to shareholders as well. This will prove to them that they have invested in the right company and their finances have been put to good use.
Tax is highly important part of managing the company accounts as this will involve any tax due is paid and on time. Throughout the year it is important to stay on top and keep track of all the financial aspects of the company. This will make the tax rebate a lot easier to do at the end of the tax year. If the accounts are not kept on top of then this could cause a lot of issues when doing the tax rebate.
As an accountant you could be working self employed and working for a few various small to medium businesses, but you could also work for a large company just working to manage their accounts. However, being self-employed would provide the opportunity to have flexible working hours, whereas working for a large company may not offer this.