The chief duty of an accounting analyst is to help optimize the accounting operations of an organization. To do this, they perform duties like analyzing financial transactions, conducting audits, gathering information from the accounting department, and observing accounting operations to identify areas for improvement.
In addition, an accounting analyst is also typically responsible for resolving account discrepancies, creating financial reports, optimizing the company's expenses, and establishing investment practices. With these duties in mind, it comes as no surprise that the job entails constant communication and collaboration with members of the accounting team, as well as the upper management.
The role of an accounting analyst requires a background in accounting, including a degree and appropriate licensure (if necessary). Furthermore, an aspiring accounting analyst must have a firm grasp of accounting principles, the company's accounting processes, and various accounting disciplines that apply to the company and its industry.
On average, the salary of an accounting analyst is around $27 an hour or roughly $55,000 a year. If you want to seek the highest-paying opportunities, you should look into jobs in the finance, manufacturing, and energy companies first.