An accounting manager develops and implements systems for gathering, analysing, verifying, and reporting certain types of financial information. Typically, an accounting manager is a part of a larger group (or managerial staff) that includes other mid-level business managers.
Hires, trains and coaches subordinates.
Enforces company policies, rules, and procedures.
Prepares and regulates annual budgets, schedules expenditures and undertakes corrective actions when budget problems occur.
Keeps track of business financial status by closely monitoring revenue, expenses, and future budget changes while evaluating financial data.
Prepares reports and charts on finances.
Guides other departments by applying observations and recommendations to their financial operations.
Understands current and proposed legislation, enforces financial regulations, and recommends new, efficient procedures to help the company avoid legal challenges.
Updates business information by participating in any educational opportunity that can advance the company’s current financial model.
An accounting manager typically has a bachelor’s or master’s degree in a finance-related field as well as relevant work experience