Microsoft Excel. Business Administration, Human Resource Management – B.S. Listing that you are fluent in Excel on your resume will help potential employers see that you’re prepared for the demands of an accounting job. Accounting skills are abilities that allow you to accurately and ethically manage financial transactions, analyze financial data and generate financial reports. Nearly every organization utilizes team messaging and conferencing to talk to clients and other workers around the world. It also includes soft skills such as attention to detail, critical thinking and problem-solving. In order to solve these complex problems, accountants must approach situations critically by considering all variables and potential risks. Like hard skills, soft skills may be enhanced over time. In making your decision, look for accounting and finance professionals who possess these six soft skills: 1. Business knowledge. Tax accountants need to have an understanding of how the tax code works, and how it applies to individuals and businesses. Showing your ability to work within these kinds of technologies shows potential employers you’re prepared to work with coworkers and clients anywhere, anytime. Accounting work requires a meticulous, detail-oriented eye. Hard skills include specialized knowledge and technical abilities, such as software development, tax accounting, or patent law expertise. Teaching, Science Education (Secondary) – M.A. Accountants are in charge of making sure that everyone in your organization gets paid, from helping to set budgets to signing the actual checks. “If you want to be an organizational master when embarking on your accounting career, you’ll need to start working on organizing your life and responsibilities now.”, Accountants constantly encounter errors, discrepancies, and inaccuracies — if not detected and addressed, these mistakes can have serious ramifications for employers and clients. Accountants must sift through hefty financial records to ensure every detail is accurate and current. “Top accountants use their communication skills to simplify the vast amount of data at their disposal. Soft skills are less tangible and harder to qualify than hard skills. Hard skills translate to the tasks you’ll need to be able to do day in and day out. All the different kinds of accountants work with bankers, insurers, and solicitors as part of their job. You need to be able to think for yourself, analyze situations, and look at all the angles before you make a decision. English Language Learning (PreK–12) – M.A. Accountants need to understand how to use these kinds of software systems in order to succeed. While they’re not directly tied to accounting, they are vital for success in the accounting industry as well as every other profession. Most accountants will have hundreds of Excel spreadsheets that keep all their work. He combines his knowledge of the A&F job market from a recruiting standpoint with his extensive experience working in financial roles for numerous Fortune 100 and Fortune 500 companies. At WGU, your experience is our obsession! Business Administration, Information Technology Management – B.S. Accountants need to be able to communicate well within their teams, and with the various other departments or organizations that they work with on a regular basis. Accountants who list CRM system experience on their resume are demonstrating to employers that they are prepared to work with the various software systems that may be involved in their day-to-day responsibilities. Bryant adds that this attribute is particularly valuable during tax season, when many accountants are overloaded with clients and bound to inflexible deadlines. Science Education (Secondary Chemistry) – M.A. Business Administration, Healthcare Management – B.S. It means working with department heads to understand what the vendors do, establishing budgets with departments, and working directly with the vendors to send them their checks when they submit invoices. If you’re hoping to be a tax accountant, it’s smart to list the kinds of taxes you’ve done on your accounting resume so you can demonstrate your understanding of tax laws and codes to potential employers or clients. It helps small and medium businesses with payroll functions, invoicing, vendors, and more. Lists of both types of skills employers want most. For basic bookkeeper positions you can likely get by without higher education, but for accounting and business positions, the additional knowledge you get from a degree is vital to your success. They are responsible for helping distribute money to different departments, doing reimbursements when needed, and ensuring that everything is done with proper documentation and correct financial practices. Each of these different types of accounting careers has very different job responsibilities, and different skills that are needed to succeed. In other words, soft skills are more of habits than qualifications. Science Education (Secondary Biological Science) – M.A. By participating in team projects and collaborating with colleagues, accountants can generate positive results for their organization and pave the way for valuable advancement opportunities. Audit accountants utilize GAAP or Generally Accepted Accounting Principles as they run their audits on companies. Mathematics Education (Middle Grades) – B.S. Business knowledge. When finding the right school or degree programs, we recognize that there is no "perfect" ranking methodology. He adds that most prominent accounting firms offer skills training in different competency areas. When it comes to accounting, most of the hard skills you need to know come from higher education, a bachelor’s or master’s degree, and organizations will often require them. Furthermore, Prather urges accountants to sharpen their understanding of Generally Accepted Accounting Principles (GAAP), Securities and Exchanges Commission reporting, and initial public offerings. Why to pick slightly different soft and hard skills for each job you apply to. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site. Technical expertise in specific areas of accounting can shed light on different topics. This is an industry accounting function that boils down to writing checks and managing the budgets for your vendors. Accounting skills include good knowledge and ability to work with different types of accounting software such as SAP or ERP systems, Excel, Word, and other. Accountants need to have more than a basic knowledge of Excel; they need to be able to use functions and formulas, creating detailed spreadsheets that look great, and are easy to understand and read. For example, Certified Public Accountants (CPAs) specialize in tax forms, balance statements, and other forms of financial documentation that their clients must legally disclose. Not only does Prather hold a BBA and master of accountancy, but he also leads a nationwide team of nearly 100 recruiters who place top talent throughout the industry. The fundamentals of business from finances to marketing, strategy and law, are all vital for your career success. Accountants should always be prepared to adapt to changing standards and protocols, as well as technological advances, workplace dynamics, and new platforms for client interaction. These soft skills are the basic skills everyone needs to communicate, interact, and perform well inside their job functions. Nursing – Education (RN-to-MSN Program) – M.S. Listing your communication skills on your accounting resume will help demonstrate to employers that you understand how you’ll need to work with others as an accountant. Hard skills and soft skills are both necessary to find career success. Business Administration. You can use your resume to demonstrate that you have experience making budgets and you understand the financial practices to keep a budget on track. Bob Prather is the general manager of the accounting and finance recruiting practice for Lucas Group, which Forbes recently named one of the top 10 recruiting firms in the nation. Prather says strong communication skills can strengthen these interactions. They include hard skills such as understanding generally accepted accounting principles, mathematical comprehension and data analysis. “Being a team player and learning from others is a must in the accounting world,” Bryant says. Nursing – Nursing Informatics (RN-to-MSN Program) – M.S. But degrees, diplomas and designations aren't everything. You want the technical savvy and interpersonal skills to continue advancing professionally. Accountants are no exception; they need soft skills to be successful in their unique jobs and organizations. Send me more information about WGU and a $65 application fee waiver code. This means loading them into whatever software system you use, making sure they’ve delivered their goods or services, and more. Find out more about scholarships for new students. Many accountants choose to demonstrate their abilities and enhance their career opportunities by pursuing industry... An accounting degree prepares students for jobs in accounting, finance, and banking.