Deciding to get a job in accounting and finance can create stability for your career. Accounting is a core department in any business and no matter how big or small, there will always be a demand for it. 

Accounting and financial expertise are vital for profitability and growth. The skills required aren’t easily outsourced and specializing in the field can give you massive career success.

Accounting and Finance Departments

Every type of business needs a department that’s dedicated to accounting and finance. These departments are ultimately responsible for managing business finances to ensure sustainability. 

There is a broad spectrum of responsibilities that fall under accounting and finance. Many job functions under accounting and finance do not require you to be a CPA or a Certified Public Accountant, but they do require a certain level of expertise in accounting and bookkeeping practices. 

Here’s a list of the top jobs under accounting and finance you can get without a CPA: 

1. Accounts Assistant

An accounts assistant’s main responsibility is to provide administrative support. This job covers most of the clerical responsibilities in the accounting department. 

Accounts assistants monitor financial records and keep track of business transactions. It is generally an entry-level position and the responsibilities may vary, depending on the structure of the business. 

2. Bookkeeper

Bookkeepers are responsible for organizing a company’s financial data. They help businesses stay on top of general finances by tracking what comes in and out regularly. 

A bookkeeper’s responsibility includes maintaining financial records, filing transactions, reconciling accounts, preparing and sending invoices, and more. They work on a micro-level to make sure that the business isn’t going overboard. 

3. Financial Accountant

A financial accountant is in charge of analyzing and implementing financial practices in the business. They prepare reports that assess the financial health of the business, such as cash flow and profit and loss statements.

Financial accountants are usually more focused on the long-term financial strategies of the company. They stay on top of cash flow management and ensure that the business follows ethical and efficient processes.

4. Management Accountant

Management accountants work similarly to financial accountants but on a more intimate level. They oversee the internal financial practices that help the company operate well. 

A management accountant works on short-term financial strategies, maintaining a healthy financial standing. They help make sure that internal finances are in check through constant tracking and analysis.

5. Finance Officer 

Finance officers oversee the general finances of a business. It is a role that works closely with the leadership team to make sure that the business is generating revenue. 

A finance officer will be in charge of the company’s budget and financial reports. They hold more control and responsibility for business finances than most jobs in the same field. 

6. Payroll Officer

A payroll officer is responsible for processing company payroll and tax calculations. They maintain staff records and help ensure that payroll is processed correctly and in a timely manner. 

Payroll officers work with managers of different departments to ensure that records are accurate for payroll purposes. Some other responsibilities include wage calculations, tax calculations, and timesheet record monitoring.

Every business needs professionals in accounting and finance! 

Start building a skill set that will allow you to take advantage of opportunities in accounting and finance. Impactable offers a range of training programmes that can help you develop and enhance your skills. Take a look at our training programmes here to learn more!