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The Social person's interests focus on interacting with the people in their environment. In all cases, the Social person enjoys the personal contact with other people in preference to the impersonal dealings with things, data and ideas found in other groups.

Many will seek out positions where there is direct contact with the public in some advisory role, whether a receptionist or a counsellor. Social people are motivated by an interest in different types of people and like diversity in their work environments. Many are drawn towards careers in the caring professions and social welfare area, whilst others prefer teaching and other 'informing' roles.

Salary Range
€k - €k
Career Zone

In Brief...

Knowledge

  • Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Clerical Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Law and Government Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Skills

  • Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Mathematics Using mathematics to solve problems.
  • Reading Comprehension Understanding written sentences and paragraphs in work related documents.
  • Speaking Talking to others to convey information effectively.

In Summary - Accounting Technician

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The Work - Accounting Technician

Accounts maintenance is a fundamental element of any business, from a sole trader to large multinational. An Accounting Technician can support all elements of the accounts function, including income and expenditure, balance sheet transactions, statutory returns and payroll requirements.

The Accounting Technician is concerned with bookkeeping, including processing all accounts payable and receivable which supports the preparation of periodic accounts. This entails recording and monitoring income and expenditure including accrued and deferred income.

Completion of regular bank reconciliations may be required with statutory returns accounted for and completed. Regular analysis and reporting is undertaken to contribute to the overall accounts production.

The Accounting Technician may produce Management Accounts and supplies vital financial information as to the running of the Company. They have the ability to do costing and cost controls.

The Accounting Technician may prepare Company annual budgets and monitor the progress of this throughout the year. They may prepare or assist in the preparation of Company year-end financial statements.
On successful completion, the Accounting Technician will perform:

  • Financial Accounting Fundamentals
  • Double-Entry Bookkeeping and Accounting Systems
  • Regulatory Requirements
  • Financial Statements preparation
  • Annual Budgets
  • Cost control
  • Costings across a range of goods and services
  • Business Functions & Context
  • Business Ethics
  • Legal Requirements
  • Company Law
  • Data Protection
  • Corporate Governance
  • Company Tax Administration and Procedures
  • Personal Taxation
  • Accounting Systems
  • Payroll
  • Budgeting

Most commonly reported Work Tasks

  • Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  • Report to management regarding the finances of establishment.
  • Establish tables of accounts and assign entries to proper accounts.
  • Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
  • Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements.
  • Maintain or examine the records of government agencies.
  • Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans.
  • Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
  • Provide internal and external auditing services for businesses or individuals.
  • Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.

Most commonly reported Work Activities

  • Interacting With Computers Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Processing Information Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
  • Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Evaluating Information to Determine Compliance with Standards Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Organizing, Planning, and Prioritizing Work Developing specific goals and plans to prioritize, organize, and accomplish your work.
  • Analyzing Data or Information Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  • Communicating with Supervisors, Peers, or Subordinates Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Updating and Using Relevant Knowledge Keeping up-to-date technically and applying new knowledge to your job.
  • Making Decisions and Solving Problems Analyzing information and evaluating results to choose the best solution and solve problems.
  • Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.

Interests - Accounting Technician

This occupation is typically suited for people with the following Career Interests:

Administrative

Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.

Enterprising

Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.

Qualities

An Accounting Technician is expected to have the following qualities:

  • Integrity
  • Objectivity
  • Professional competence and due care
  • Confidentiality
  • Professional behaviour
  • Confidence
  • Attention to detail
  • Strong communication
  • Ability to multi task
  • Ability to cope under pressure
  • Strong numeracy skills

On successful completion of the apprenticeship, the Accounting Technician will have: 

Knowledge
 
  • Financial Accounting Fundamentals
  • Double-Entry Bookkeeping and Accounting Systems
  • Regulatory Requirements
  • Financial Statements preparation
  • Annual Budgets
  • Cost control
  • Costings across a range of goods and services
  • Business Functions & Context
  • Business Ethics
  • Legal Requirements
  • Company Law
  • Data Protection
  • Corporate Governance
  • Company Tax Administration and Procedures
  • Personal Taxation
  • Accounting Systems
  • Payroll
  • Budgeting 

Core Skills

  • Process Accounts Receivable and Payable, Sales, Purchases and nominal ledger administration
  • Maintenance of bookkeeping records
  • Account for Accruals and Prepayments
  • Support the budget preparation process
  • Support the preparation of accounts
  • Analysis of monthly expenses, credit cards, VAT analysis
  • Ensure timely and accurate completion of statutory obligations
  • Complete bank reconciliations
  • Analyse and interrogate data and provide a high-level overview •
  • Produce reports
  • Credit control
  • Responsibility for petty cash

Technical Skills

  • Tax - Complete & file VAT Returns. Deal with Revenue queries •
  • Payroll - Setup new staff, Issue P45s, Complete Social Welfare Forms, Process monthly payroll, Prepare payroll Journals
  • Audit - Support the preparation for the annual audit
  • Computer skills - Including MS Excel, Word and PowerPoint Knowledge of accounting software including Sage/Relate Accounts Production

Soft Skills

  • Operates with a high level of integrity, diplomacy, tact and professionalism
  • Strong interpersonal and communication skills, both written and orally
  • Report Writing
  • Customer Service Skills, helpful and approachable
  • Strong organisational skills, with ability to manage multiple tasks and resources
  • Time management including prioritising schedules and timelines
  • Attention to detail and problem-solving
  • Ability to work as part of a team and on their own initiative

Transversal Skills 

  • Maths, Accounting, English, Computer skills

 

Entry Requirements - Accounting Technician

Pay & Salary - Accounting Technician

Labour Market Updates - Accounting Technician

Useful Contacts - Accounting Technician

Career News

160 places available on Accounting Technician Apprenticeship Programme
160 places available on Accounting Technician Apprenticeship Programme
Posted by Accounting Technicians Ireland
Accounting Technician Apprenticeship Open Days
Accounting Technician Apprenticeship Open Days
Posted by Accounting Technicians Ireland
Chartered Accountants Career Evenings
Chartered Accountants Career Evenings
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Accounting Technician Apprenticeship September 2019 Applications Open
Accounting Technician Apprenticeship September 2019 Applications Open
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Audit and Assurance Achievers Programme
Audit and Assurance Achievers Programme
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Registration Open for Chartered Tax Adviser and Tax Technician Summer courses
Registration Open for Chartered Tax Adviser and Tax Technician Summer courses
Posted by Irish Tax Institute