Financial accountability is pivotal to maintaining a healthy business, and financial accountants conduct a number of functions to ensure this is possible. They manage payroll, taxes, income, spending, and educating their employer on financial information. Work days for financial accountants can be a bit longer than a standard 9-to-5 job, because of strict deadlines on all projects that financial accountants are given. Generally, financial accountants do not need to work directly with employees; if they discover discrepancies with posted reports, they inform management.
Financial Accountant Tasks
Utilize accounting principles to ensure compliance with regulatory reporting requirements.
Summarize and prepare financial records and statements for external reporting.
Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.