senior accountants should possess solid communication, technology, organization and analytical skills typical duties of a senior accountant
Reconciling sub-ledger to general ledger account balances
Preparing financial statements
Assessing internal controls, including risk assessments and reviews of risk areas
Performing monthly balance sheet, income statement and changes in financial position/budget variance analyses
Assisting in the design and preparation of budgets for review by management
Maintaining and reconciling fixed assets schedules
Supervising accounting staff
Senior financial accountants are responsible for the collection and analysis of financial information for business. They may also be responsible for supervising associate accounting employees and for the company’s accounting department
Skills
By recording and analyzing financial activity, a senior financial accountant is able to advise employers about investments and financial decisions. They are expected to report costs, productivity, margins, and expenditures and offer financial recommendations, senior financial accountants may supervise a team of junior accounts, requiring leadership, human relations and managerial skills. A strong background and continued learning in economics, business and financial laws and regulations are necessary for a senior financial accountant.