Magazine article Financial Management (UK)

Reporting Accountant: Amy Valenta Explains the Finer Points of This Role, Which Is Particularly Suitable for Recently Qualified CIMA Members

Magazine article Financial Management (UK)

Reporting Accountant: Amy Valenta Explains the Finer Points of This Role, Which Is Particularly Suitable for Recently Qualified CIMA Members

Article excerpt

Reporting accounting jobs are popular because they allow strong technical number-crunchers to flex their analytical muscles. The role involves commenting on figures and bringing them to life before reporting them externally. As it's generally suitable for either exceptional newly qualified members or those with 12 to 18 months of post-qualification experience, the job offers a great chance to gain reporting experience early in your career.

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A reporting accountant provides hard and soft data statements, which are then issued externally--most commonly to the London Stock Exchange and external analysts. As an example, your company's annual report is likely to be one of your main responsibilities. You will also be expected to review controls and consolidation data and to prepare statutory reports. The tight deadlines you'll have to work to mean that your ability to remain calm under pressure will be crucial.

You'll need to make yourself stand out if you want to secure such a popular role. To be considered, you will have IFRS, UK Gaap and US Gaap experience, or you'll have been involved in preparing statutory accounts. Recently qualified CIMA members are well placed when applying for such vacancies because they already have a level of commercial awareness that an accountant in practice won't necessarily possess.

You won't always need analysis experience, but being able to demonstrate excellent communication skills at interview is a must--an employer I spoke to recently referred to the "oomph factor" when I asked him what he sought in candidates. …

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