What do staff accountants make

In general, staff accountants working in the finance and insurance industry get paid the most, followed by management in companies and the government.

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Subscribe to our newsletter. Entry Level. Early Career. Mid Career. Late Career. What Do Staff Accountants Do? Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization. Maintain general ledger as needed. Analyze financial data in order to prepare financial reports.

While not all staff accounting jobs require a professional certification, acquiring one of these credentials can improve your skills and show your commitment to the industry. After completing these requirements, candidates must pass four exams administered by the American Institute of Certified Public Accountants to earn their CPA license. To become a successful staff accountant, you should strive to master both technical capabilities and soft skills.

The following skills are essential for staff accountants:. Staff accountants use computer programs for document creation, spreadsheets, presentations and email. For example, you can expect to use word-processing software to type memos, spreadsheet applications to create formulas and presentation programs to produce diagrams to share with colleagues.

While many companies use common accounting applications like QuickBooks, others use proprietary software or enterprise suites such as Microsoft Dynamics GP. To become familiar with these programs, consider signing up for a training program at work or taking an online course created by the software maker.

You can expect your company to provide on-the-job training if it uses proprietary software. As a staff accountant, you may need to create or update database records. To understand the fundamentals of database maintenance, think about taking a basic university-level course. You may also be able to learn by doing or getting hands-on experience with a test database.

When you work in accounting, basic math skills are essential. In this role, you typically need to be able to compare figures, analyze numerical data and identify accounting errors. Most aspiring accountants develop math skills during their undergraduate study, but you can sign up for a university-level course to improve your capabilities.

As an accounting professional, you may need to review ledgers, analyze balance sheets and examine monthly reports. To improve your analytical skills, practice observing situations, gathering supporting information and increasing your understanding. Try challenging yourself to develop solutions and apply the results. Staff accountants are responsible for maintaining accurate records and catching mathematical and clerical errors.

To enhance your detail orientation, try isolating smaller sections to confirm accuracy before reviewing entire documents. Make proofreading a regular practice, and review your work at least once before considering it complete. As a staff accountant, you may have to work on numerous tasks simultaneously or handle multiple projects at once.

To improve your multitasking capabilities, separate tasks that require complete concentration from those that you can easily stop and start.

Try dedicating your full attention to complex projects, and assign yourself short time windows to devote to simpler tasks. Allow additional time as you strive to master multitasking, and aim to complete tasks increasingly quickly as you improve.