A life of an accountant has always been a subject of interest by many. Some of us are intrigued by its nature on how far can the noble career provide a development we’ve been seeking. For sure, if someone mentions about an accountant, you probably are thinking about numbers and dollar signs whirling around the head with hands all over an excel spreadsheets. A woman sitting in a swivel chair with eyes on the screen and forehead wrinkling with cold sweat. Buddy, you’re not alone.
A job in accounting industry is seen as a sought-after career by many. Some say that the profession is quite a challenge and strong command of finance is imperative to survive. Well, every job position is formidable and special skills set is crucial to operate. It is actually true that crunching numbers is part of the job as an accountant. This may be a primary responsibility in the daily routine, but the work also involves a wide spectrum of tasks and deliverables.
With the widespread of virtual staffing in the business communities, accountants are being outsourced as part of the industry development. This has also become a challenge to many accounting practitioners since they need to take an extra nudge in acing the outsourcing position. Upon the emergence of virtual staffing in the course, flexibilities in accounting job become more global.
How does an accountant mobilize as a virtual assistant?
Traditionally, an accounting job varies on expertise and certifications but performs in various industry sectors and organization. They play a foundation role as in-house practitioners in most companies. With outsourcing, accounting tasks are done with virtual clients across the world. An innovative idea wherein Millennial graduates took on their sleeves for the BPO work.
A virtual accountant doesn’t really have a major variation in an in-house accountant. They have to comply and utilize the medium to coordinate with their remote superior. This fraction of the job connotes for interpersonal skills and one must be able to communicate well with clients, expound financial blueprint or discuss complex data during an audit verbally. Of course, they still execute monetary responsibilities for the company per se.
With regards to their duties, you don’t rely on blind assumptions about the commitments of an efficient accountant. They are not just math nerds who nibble numbers for breakfast to dinner. Remember that what they do is never monotonous like what others assert. They play an integral part in calculating your salary with transparency and integrity.
In addition, they have this routinary preparation of monthly statements. These are exemplified by investigating discrepancies, collecting of data and summarizing information. Initiatives are also done in complying with the state and federal tax filing requisites by adhering to the requirements; calculating estimated tax payments quarterly; examining regulations and tax filing which annually. They are also responsible for developing forecasts and the preparation of the budget for the consumption of the company. If you think that they buckle themselves all day in the office; think again. They also communicate with colleagues to provide financial advice and answer inquiries regarding payroll and disputes. They develop the most convenient recommendations and apply financial principles and ethics.
Financial accountants often work alongside with talented and diverse professionals. They create a foundation for the company’s stability just like the rest of the workforce. With the growing rate of accounting jobs in the world (according to the Bureau of Labor Statistics) it testifies a huge percentage of the population, taking a strategic career trajectory in the accounting world.