MAR16,2019
Interview
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Get Help Now!Role: Accountant
What is the purpose of your role?
The purpose of an accountant is to perform financial functions of an organization’s financial operations.
What type of functions do you complete in your role?
I perform financial functions related to recording accuracy, collection and presentation of the organization’s financial operations.
Describe the typical organizational structure of your functional unit.
The accounting functional unit has one chief financial officer who leads the department, one controller, a treasurer, an internal auditor all of whom report to the chief financial officer. Then we have managerial accountant, financial accountant and tax accountant all of whom report to the controller.
Describe the leadership structure of your functional unit.
The chief financial officer is the leader of our unit. Everyone else reports to the leader.
What are your daily responsibilities?
Preparing capital account, asset and liability entries by gathering and analyzing account information.
What type of software do you use to complete your tasks?
Custom accounting software
What is the software used for?
It is used for automating financial transactions, tracking cash flows and calculating tax.
How do you go about gaining new clients?
We gain new client by advertising our organization
Does your company go to any networking events?
Yes we go to various networking events
Did you network with friends and family first to build your clientele?
Yes. They are the people who are closest to me and they are my loyal clients.
Describe one tip or trick that you use to make your job easier.
I communicate efficiently with other accountants which helps me get the information I need easily.
Data: What type of data do you collect to perform your job?
I collect cash receipt and cash disbursement reports.
Where does this data come from?
I get this data from cashiers
Do you gather any data from internal sources to help clients?
Yes
If so what type of data?
Client account information
“Identify both internal and external sources of data used?
I obtain internal data from data stored in the organization database and external data from research.
What are the typical transactions (business events) generated and or processed?
Typical transactions involve debiting accounts and crediting accounts.
Information Disseminated: What types of information are produced?
Income statements
What is the purpose of this information?
This information shows the income of the organization
Who uses this information?
This information is used to inform decisions made by the management and stakeholders
How is the information published?
This information is published in the organization’s journal and other business journals.
What are some typical reports or publications produced?
Some typical reports produced include balance sheets and income statements.
What types of decisions do you make in your line of work?
I normally decide the best time to forward financial information to the top management.
What types of decisions do other management levels make in the company?
Top management level develops goals and strategies and policies for the organization.
Information Systems: What information systems (applications) support the work you do?
They include financial and auditing report modules.
Name of Systems?
Quick book, Xero and Sage
What is the purpose for the use of these systems? What do these specific information systems do?
These systems help us to collect, store and record accounting and financial data.
How do they work?
Accounting information systems support all accounting activities and functions including tax management, financial accounting and auditing.
Who uses these systems?
These systems are used by managerial accountants, tax accountants and finance accountants.
Emerging Technology: Is there emerging technology within this area that is projected to change how the functional area functions or performs its work?
Yes, there are various emerging technologies in accounting.
If yes, identify and explain it. Is there emerging technology that provides greater efficiencies or that allows you to serve the organization in a new/better way?
One emerging technology in accounting is the cloud. The cloud allows us to work from the same file always. I don’t need to keep on updating spread sheets and emailing them to the top management. They can easily get them from the cloud. Artificial intelligence is another technology that allows us to do our tasks accurately and in time.
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