The North East of England is a hub of thriving businesses and industries, making it an ideal location for professionals in the field of accounting. The region is home to a large number of small and medium-sized enterprises (SMEs) as well as multinational corporations, providing ample opportunities for those seeking a career in accounting. In this article, we will take a look at some of the best accounting jobs in the North East of England, including the duties, responsibilities, and qualifications required for these roles.
Management Accountant
Management accountants are responsible for providing financial information to decision-makers within an organisation. They work closely with departments such as marketing, sales, and operations to understand the financial impact of their decisions and to provide recommendations for improvements. Management accountants in the North East are typically required to have a minimum of a bachelor's degree in accounting, finance, or a related field, as well as a professional accounting qualification such as ACCA, CIMA, or ACA.
Responsibilities of a management accountant include:
- Producing and analysing financial reports
- Budget preparation and analysis
- Cost analysis and cost control
- Forecasting and business planning
- Providing financial advice and support to other departments
Financial Accountant
Financial accountants are responsible for the accurate preparation and reporting of financial information, including financial statements and tax returns. They ensure that an organisation's financial information is compliant with accounting standards and regulations. Financial accountants in the North East of England are required to have a minimum of a bachelor's degree in accounting, finance, or a related field, as well as a professional accounting qualification such as ACCA, CIMA, or ACA.
Responsibilities of a financial accountant include:
- Preparation and presentation of financial statements
- Preparation of tax returns
- Ensuring compliance with accounting standards and regulations
- Reconciliation of accounts and preparation of balance sheets
- Preparation of cash flow forecasts and projections
Tax Accountant
Tax accountants specialise in tax planning and preparation, ensuring that an organisation pays the minimum amount of tax required by law. They are responsible for advising on tax compliance, tax planning, and tax strategies. Tax accountants in the North East of England are typically required to have a minimum of a bachelor's degree in accounting, finance, or a related field, as well as a professional accounting qualification such as ACCA, CIMA, or ACA.
Responsibilities of a tax accountant include:
- Preparation and submission of tax returns
- Advising on tax compliance and tax planning
- Researching tax laws and regulations
- Representing clients during tax audits
- Preparation of tax projections and estimates
Audit Manager
Audit managers are responsible for planning and conducting audits, ensuring that an organisation's financial information is accurate and complies with accounting standards and regulations. They also provide recommendations for improvements and ensure that internal controls are effective. Audit managers in the North East of England are typically required to have a minimum of a bachelor's degree in accounting, finance, or a related field, as well as a professional accounting qualification such as ACCA, CIMA, or ACA.
Responsibilities of an audit manager include:
- Planning and conducting audits
- Ensuring compliance with accounting standards and regulations
- Providing recommendations for improvements
- Supervising junior audit staff
- Reviewing financial information and reports
Payroll Accountant
Payroll accountants are responsible for the administration of an organisation's payroll, ensuring that employees are paid accurately and on time. They are responsible for calculating and processing payroll taxes and benefits, as well as managing employee records.