Accounting Manager Administrative & Commercial Managers
SaveWhat Does an Accounting Manager Do?
Accounting managers assume responsibility for all accounting activities relating to financial reporting. They develop and maintain accounting principles and procedures to ensure timely and accurate financial statements issued, supervise accounting staff and manage the accounting activities within the appropriate time frame and budget.
Resource recommendations may include affiliate links. Learn more
Where Do I Start?
Corporate Social Responsibility
The handling or managing of business processes in a responsible and ethical manner considering the economic responsibility towards shareholders as equally important as the responsibility towards environmental and social stakeholders.
Sign up to trackReady to go deeper? Pick up to 3 skills to focus on from the list below.
These are common skills for this role. Real-world experience matters more than ticking every box — use this as a guide, not a checklist.
Skills You Need to Become an Accounting Manager
Essential Skills
Essential Skills
-
EssentialCorporate Social Responsibility knowledge
The handling or managing of business processes in a responsible and ethical manner considering the economic responsibility towards shareholders as equally important as the responsibility towards environmental and social stakeholders.
Recommended Books
5 books -
EssentialFinancial Management knowledge
The field of finance that concerns the practical process analysis and tools for designating financial resources. It encompasses the structure of businesses, the investment sources, and the value increase of …
No book recommendations available yet.
-
EssentialInternational Financial Reporting Standards knowledge
The set of accounting standards and rules aimed at companies listed in the stock exchange which are required to publish and disclose their financial statements.
Recommended Books
1 book -
EssentialAccounting Department Processes knowledge
The different processes, duties, jargon, role in an organisation, and other specificities of the accounting department within an organisation such as bookkeeping, invoices, recording, and taxing.
No book recommendations available yet.
-
EssentialFinancial Analysis knowledge
The process of assessing the financial possibilities, means, and status of an organisation or individual by analysing financial statements and reports in order to make well informed business or financial …
No book recommendations available yet.
-
EssentialFraud Detection knowledge
The techniques used to identify fraudulous activities.
No book recommendations available yet.
-
EssentialAccounting Entries knowledge
The financial transactions recorded in accounting systems or books of a company together with the metadata linked to the entry such as the date, the amount, the accounts affected, and …
Recommended Books
3 books -
EssentialDepreciation knowledge
The accounting method of dividing the value of an asset over its useful life for the allocation of cost per fiscal year and in parallel to decrease the value of …
No book recommendations available yet.
-
EssentialFinancial Department Processes knowledge
The different processes, duties, jargon, role in an organisation, and other specificities of the financial department within an organisation. Understanding of financial statements, investments, disclosing policies, etc.
No book recommendations available yet.
-
EssentialFinancial Statements knowledge
The set of financial records disclosing the financial position of a company at the end of a set period or of the accounting year. The financial statements consisting of five …
No book recommendations available yet.
-
EssentialNational Generally Accepted Accounting Principles knowledge
The accounting standard accepted in a region or country specifying the rules and procedures to disclose financial data.
No book recommendations available yet.
-
EssentialTax Legislation knowledge
Tax legislation applicable to a specific area of specialisation, such as import tax, government tax, etc.
No book recommendations available yet.
-
EssentialAnalyse Financial Performance Of A Company skill
Based on accounts, records, financial statements and external information of the market, analyse the performance of the company in financial matters in order to identify improvement actions that could increase …
Course recommendations coming soon.
-
EssentialAnalyse Market Financial Trends skill
Monitor and forecast the tendencies of a financial market to move in a particular direction over time.
Course recommendations coming soon.
-
EssentialCheck Accounting Records skill
Revise the accounting records of the quarter and year and ensure that the accounting information reflects with accuracy the financial transactions of the company.
Course recommendations coming soon.
-
EssentialCreate A Financial Plan skill
Develop a financial plan according to financial and client regulations, including an investor profile, financial advice, and negotiation and transaction plans.
Course recommendations coming soon.
-
EssentialEnforce Financial Policies skill
Read, understand, and enforce the abidance of the financial policies of the company in regards with all the fiscal and accounting proceedings of the organisation.
Course recommendations coming soon.
-
EssentialEvaluate Budgets skill
Read budget plans, analyse the expenditures and incomes planned during certain period, and provide judgement on their abidance to the general plans of the company or organism.
Course recommendations coming soon.
-
EssentialFollow Company Standards skill
Lead and manage according to the organisation's code of conduct.
Course recommendations coming soon.
-
EssentialFollow The Statutory Obligations skill
Understand, abide by, and apply the statutory obligations of the company in the daily performance of the job.
Course recommendations coming soon.
-
EssentialIntegrate Strategic Foundation In Daily Performance skill
Reflect on the strategic foundation of companies, meaning their mission, vision, and values in order to integrate this foundation in the performance of the job position.
Course recommendations coming soon.
-
EssentialInterpret Financial Statements skill
Read, understand, and interpret the key lines and indicators in financial statements. Extract the most important information from financial statements depending on the needs and integrate this information in the …
Course recommendations coming soon.
-
EssentialManage Accounts skill
Manage the accounts and financial activities of an organisation, supervising that all the documents are correctly maintained, that all the information and calculations are correct, and that proper decisions are …
Course recommendations coming soon.
-
EssentialMonitor Financial Accounts skill
Handle financial administration of your department, keep the costs down to only necessary expenses and maximise the revenues of your organisation.
Course recommendations coming soon.
-
EssentialPlan Health And Safety Procedures skill
Set up procedures for maintaining and improving health and safety in the workplace.
Course recommendations coming soon.
-
EssentialStrive For Company Growth skill
Develop strategies and plans aiming at achieving a sustained company growth, be the company self-owned or somebody else's. Strive with actions to increase revenues and positive cash flows.
Course recommendations coming soon.
-
EssentialSupport Development Of Annual Budget skill
Support the development of the annual budget by producing base data as defined by the operations budget process.
Course recommendations coming soon.
-
EssentialDraft Accounting Procedures skill
Lay down standard methods and guidelines to regulate bookkeeping and accounting operations, including determining the bookkeeping system used to record financial transactions.
Course recommendations coming soon.
-
EssentialEnsure Compliance With Accounting Conventions skill
Exercise accounting management and abidance by generally accepted accounting conventions such as recording transactions at the current price, quantifying goods, separating personal accounts of managers from those of the company, …
Course recommendations coming soon.
-
EssentialEnsure Compliance With Disclosure Criteria Of Accounting Information skill
Revise the accounting information of the company to make sure it meets the commonly agreed criteria for its disclosure such as understandability, relevance, consistency, comparability, reliability, and objectivity.
Course recommendations coming soon.
-
EssentialExplain Accounting Records skill
Provide additional explanation and disclosure to staff, vendors, auditors, and to any other instance about the way accounts were recorded and treated in the financial records.
Course recommendations coming soon.
-
EssentialIdenfify If A Company Is A Going Concern skill
Analyse financial statements, financial information and the outlook of the company in order to determine the going concern of the company.
Course recommendations coming soon.
-
EssentialSupervise Accounting Operations skill
Coordinate, commission, and monitor operations in accounting departments in order to ensure the accurate record and eventual reporting of the financial operations of the company.
Course recommendations coming soon.
Optional Skills (5 of 26 displayed)
-
OptionalBookkeeping Regulations knowledge
The methods and regulations involved in the process of accurate bookkeeping.
No book recommendations available yet.
-
OptionalLiquidity Management knowledge
The theory and practices around the management of liquidity in a company with the aim of facilitating meeting obligations with thirds parties without compromising the smooth functioning of the company …
No book recommendations available yet.
-
OptionalFinancial Forecasting knowledge
The tool used in performing fiscal financial management to identify revenue trends and estimated financial conditions.
No book recommendations available yet.
-
OptionalPublic Finance knowledge
The economic influence of the government, and the workings of government revenue and expenditures.
No book recommendations available yet.
-
OptionalStatistics knowledge
The study of statistical theory, methods and practices such as collection, organisation, analysis, interpretation and presentation of data. It deals with all aspects of data including the planning of data …
No book recommendations available yet.
-
OptionalAdvise On Financial Matters skill
Consult, advise, and propose solutions with regards to financial management such as acquiring new assets, incurring in investments, and tax efficiency methods.
Course recommendations coming soon.
-
OptionalAdvise On Public Finance skill
Advise public organisations such as governmental organisations on their financial operations and procedures, to ensure optimal efficiency.
Course recommendations coming soon.
-
OptionalAdvise On Tax Planning skill
Advise on appropriate strategies to include taxes in the overall financial plan in order to reduce the tax load. Advise on questions related to tax legislation and provide advise on …
Course recommendations coming soon.
-
OptionalCalculate Tax skill
Calculate the taxes which have to be paid by an individual or organisation, or paid back by a governmental institution, compliant with specific legislation.
Course recommendations coming soon.
-
OptionalDisseminate Information On Tax Legislation skill
Provide advise on the possible implications for companies or individuals on decisions regarding tax declaration based on tax legislation. Advise on the favourable tax strategies that could be followed depending …
Course recommendations coming soon.
-
OptionalForecast Organisational Risks skill
Analyse the operations and actions of a company in order to assess their repercussions, possible risks for the company, and to develop suitable strategies to address these.
Course recommendations coming soon.
-
OptionalLiaise With Financiers skill
Liaise with people willing to finance the project. Negotiate deals and contracts.
Course recommendations coming soon.
-
OptionalLiaise With Managers skill
Liaise with managers of other departments ensuring effective service and communication, i.e. sales, planning, purchasing, trading, distribution and technical.
Course recommendations coming soon.
-
OptionalMake Strategic Business Decisions skill
Analyse business information and consult directors for decision making purposes in a varied array of aspects affecting the prospect, productivity and sustainable operation of a company. Consider the options and …
Course recommendations coming soon.
-
OptionalManage Staff skill
Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet …
Course recommendations coming soon.
-
OptionalPerform Cost Accounting Activities skill
Execute the cost related activities and operations within the accounting activities such as standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, and variance analysis. Report …
Course recommendations coming soon.
-
OptionalPrepare Financial Auditing Reports skill
Compile information on audit findings of financial statements and financial management in order to prepare reports, point out improvement possibilities, and confirm governability.
Course recommendations coming soon.
-
OptionalPrepare Financial Statements skill
Collect, entry, and prepare the set of financial records disclosing the financial position of a company at the end of a certain period or accounting year. The financial statements consisting …
Course recommendations coming soon.
-
OptionalPrepare Tax Returns Forms skill
Totalise all the deductible tax collected during the quarter or fiscal year in order to fill tax return forms and claim it back to the governmental authorities for declaring taxation …
Course recommendations coming soon.
-
OptionalAdvise On Bankruptcy Proceedings skill
Analyse the bankruptcy case in order to guide guide and advise clients on the formalities, procedures and the actions that can ameliorate the losses.
Course recommendations coming soon.
-
OptionalAttach Accounting Certificates To Accounting Transactions skill
Collate and link documents such as invoices, contracts, and payment certificates in order to back up the transactions made in the accounting of the company.
Course recommendations coming soon.
-
OptionalInform On Fiscal Duties skill
Inform organisations and individuals on their specific fiscal duties and the legislation and regulations involving fiscal processes, such as tax duties.
Course recommendations coming soon.
-
OptionalLiaise With Auditors skill
Participate in discussions with the auditors conducting inspections of the organisation's accounts and inform the managers about the results and conclusions.
Course recommendations coming soon.
-
OptionalManage The General Ledger skill
Enter data and revise the adequate maintenance of general ledgers in order to follow up on the financial transactions of the company, and other non routine transactions such as depreciation.
Course recommendations coming soon.
-
OptionalPerform Account Allocation skill
Allocate transactions on an account by matching the total value, only a part of it or a group of transactions to the original invoice, and by posting financial information such …
Course recommendations coming soon.
-
OptionalPerform Dunning Activities skill
Send letters or make phone calls to methodically remind individuals about actions they are requested to take by a set deadline. Use a firmer tone as the due date approaches …
Course recommendations coming soon.