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Technical Accountants are qualified accountants specialising in financial accounting and reporting with specific reference to statutory rules and regulations. Technical accountants may work within the insurance and financial services sector or any area where corporate governance and adherence to local and international financial standards and obligations are paramount.
Technical accountants may also be responsible for designing, implementing and maintaining financial systems and processes with particular reference to reporting standards (e.g. IFRS) and generally accepted accounting principles (e.g. UK GAAP). They will also be responsible for training colleagues in the use of these systems and processes.
Typical duties include:
Technical Accountants must ensure that they are aware of all changes to statutory reporting rules and should maintain an up to date knowledge of accounting standards, systems and processes.
Technical Accountants are usually fully qualified with significant post qualification experience. They must maintain a detailed knowledge of IFRS, UK and US GAAP and other national and international accounting and reporting standards, rules and regulations.
Recent salaries advertised on TopFinancialJobs (January 2010) include:
Are you a Technical Accountant? Would you like to contribute to our "Day in the Life of..." series? Email us at firstname.lastname@example.org for more details.