General accountants are experts in analyzing and preparing financial documents and reports, such as tax returns, income statements, and balance sheets. They keep track of money coming in and going out. They may work for companies or individuals to ensure that taxes are paid accurately and on time.
Key responsibilities and duties include supervising all regular accounting processes, organizing all financial programs, analyzing and forecasting financial requirements for organization or individual, assisting departments in account reconciliation process, administering all bank transactions, developing budgetary plans, collating bank statements, and evaluating current method and processes. General accountants must have strong mathematical and analytical skills. They also need excellent communication skills, be organized, and have computer skills.
Educational requirements include a bachelor's degree in accounting. Although, many businesses prefer applicants to have a master's degree or other certifications such as ACCA, CFA, etc. The average hourly salary for this profession is $26.83, which amounts to $55,812 annually. The career is likely to experience growth in the coming years and create more opportunities across the United States.
There is more than meets the eye when it comes to being a general accountant. For example, did you know that they make an average of $26.35 an hour? That's $54,815 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.
There are certain skills that many general accountants have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
If you're interested in becoming a general accountant, one of the first things to consider is how much education you need. We've determined that 74.5% of general accountants have a bachelor's degree. In terms of higher education levels, we found that 10.4% of general accountants have master's degrees. Even though most general accountants have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a general accountant. When we researched the most common majors for a general accountant, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on general accountant resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a general accountant. In fact, many general accountant jobs require experience in a role such as accountant. Meanwhile, many general accountants also have previous career experience in roles such as staff accountant or accounts payable clerk.