Average Commercial Accountant Salary

Job Description for Commercial Accountant

Commercial accountants typically only work as part of the organization that employs them, so they are a bit different from public accountants. Public accountants tend to look for very specific specializations in a variety of areas related to tax law and planning. Commercial accountants, on the other hand, are concerned with reconciling the budgets of different departments, ensuring proper accounting procedures in bookkeeping, and preparing income statements, reports, and documentation.

Commercial accountants may be required to perform daily reconciliations of sales or services. This is typically part of the job for an accountant working for a company involved in retail sales or services. Commercial accountants also review the budgets and monetary outlays of departments within the company, helping to reconcile all accounts payable and receivable. Typically, a major part of a commercial accountant's job is preparing and reporting on period-ending figures for income, revenue, costs, and inventory. These accounting periods are typically handled monthly, quarterly, and/or yearly.

To work as a commercial accountant, a person must typically have a university degree in that discipline. Commercial accountants also must be certified, with many employees in this career choosing to get CPA and CA certifications. Most commercial accountants work in a business office environment during regular hours of the work week. (Copyright 2019 PayScale.com)

Commercial Accountant Job Listings