Chartered Certified Accountant Duties & Responsibilities
The role and function of a Chartered Certified Accountant includes the following duties and responsibilities:
- Liaising with clients (individuals or businesses) or non-financial members of staff, providing financial information and advice;
- Reviewing and adapting new and existing financial systems and controls;
- Implementing new financial and budgetary systems or policies when needed;
- Managing expenditure, credit, payroll and investments;
- Controlling income and expenditure including liaising with and administering payroll;
- Possibly managing colleagues.
- Regularly undertaking audits, involving the examination of the organisation’s accounts, analysing risk, inspecting the organisation’s current practices, investigating any financial irregularities and recommending improvements;
- Creating financial plans and forecasts;
- Advising managers on financial policy and control, such as the costs and benefits of a particular project;
- Liaising with internal and external auditors and dealing with any irregular financial issues as they arise;
- Advising on and dealing with tax issues, ensuring compliance with tax legislation;
- Advising clients on areas of business improvement, or dealing with insolvency;
- Negotiating business terms with associated organizations such as suppliers;
- Producing and analyzing annual and monthly accounts;
- Providing regular financial reports as and when they are needed;
- Preparing financial statements, business plans, commentaries and budgets for management or client reports;
Note that this is not an exhaustive list of Chartered Certified Accountant duties and responsibilities. Job functions for specific Chartered Certified Accountant roles may vary, depending on the industry and type of employer.