5 answers
Asked
654 views
What about being a Finance Accountant difficult?
I’m 15 in the 9th grade, and I’m worried about being an financial accountant.
Login to comment
5 answers
Updated
Joanna’s Answer
Hello Rihanna,
It is normal and ok to be worried about any career/path we are interested in. If you are interested in becoming an accountant, then embrace it and learn, learn and discover everything you can about this position.
It surely requires lots of work and study time. The difficulties when you start working in the financial sector are usually related with being on top with the current fiscal and tax legislation and the timelines for proper documentation processing. But it becomes a habit after some time of working in this field.
You could try to contact your school and ask, if it would be possible to have some classes or workshops about the role you are interested into, as well as inviting an accountant to speak about his daily activities and be able to ask him any question and raise any concern you have.
If you do have the possibility and time, you could also try to find and internship /summer activity within an accounting company, so that you could learn first hand form already seasoned professionals.
Lastly, I encourage you to pursuit your dream, if you want to become an accountant.
Please also remember, it is also always possible to switch/change/adapt your career path, if you will feel the need for it. Learn with curiosity and be open to opportunities you find interesting. Keep dreaming big and doing what you feel is good for you - the difficulties will then become just regular steps to pass forward, same as any other you will take along your journey.
It is normal and ok to be worried about any career/path we are interested in. If you are interested in becoming an accountant, then embrace it and learn, learn and discover everything you can about this position.
It surely requires lots of work and study time. The difficulties when you start working in the financial sector are usually related with being on top with the current fiscal and tax legislation and the timelines for proper documentation processing. But it becomes a habit after some time of working in this field.
You could try to contact your school and ask, if it would be possible to have some classes or workshops about the role you are interested into, as well as inviting an accountant to speak about his daily activities and be able to ask him any question and raise any concern you have.
If you do have the possibility and time, you could also try to find and internship /summer activity within an accounting company, so that you could learn first hand form already seasoned professionals.
Lastly, I encourage you to pursuit your dream, if you want to become an accountant.
Please also remember, it is also always possible to switch/change/adapt your career path, if you will feel the need for it. Learn with curiosity and be open to opportunities you find interesting. Keep dreaming big and doing what you feel is good for you - the difficulties will then become just regular steps to pass forward, same as any other you will take along your journey.
I will use this advice as I prepare for my career.
Rihanna
Updated
Brian’s Answer
Hi Rihanna,
Great things to think about. The business world of "financial accounting" is a lot larger than how you might be defining it. If you are envisioning financial accounting as doing taxes, closing books, booking entries...sure there is a specialized world and accounting firms for that. But for me, being someone with an Accounting degree, I never went that route. I used my degree and entered a large retail company with a job in financial analysis, which in my circumstance, meant analyzing my company's monthly expenses. From there (and within the same company), I went to Accounts Payable and Procurement/ Purchasing. After 5 years, I moved and got another job in procurement and financial reporting with a very large telecom company. I then moved on to work in the Fixed Asset Acct dept (yes, actually accounting !) . But all that experience I gained in my previous roles allowed me to then get a position in charge of running field financial operations which required knowledge from all areas I learned before - purchasing, procurement, AP and accounting. Fast forward 10 years later, and now I am on a special project to build a financial system for my company that would serve all the financial functions. Because I know how they all work, I have a lot of input to offer. I have been with the company now for 22 years.
I say this all to you not to boast about what I've done, but to share my path and see what opportunities are out there by just starting with an accounting degree. Not all paths are the same, but my main point is - the world of opportunities is more open than you think. Every company has financial operations in some capacity so you would be a candidate in almost any industry having a finance or accounting degree. So I hope you don't continue to feel worried about entering this field. The world of opportunities in finance and/or accounting will be enormous. What's more important is you just have to work hard, distinguish yourself, and find what you like...and success will follow. Good luck!
Great things to think about. The business world of "financial accounting" is a lot larger than how you might be defining it. If you are envisioning financial accounting as doing taxes, closing books, booking entries...sure there is a specialized world and accounting firms for that. But for me, being someone with an Accounting degree, I never went that route. I used my degree and entered a large retail company with a job in financial analysis, which in my circumstance, meant analyzing my company's monthly expenses. From there (and within the same company), I went to Accounts Payable and Procurement/ Purchasing. After 5 years, I moved and got another job in procurement and financial reporting with a very large telecom company. I then moved on to work in the Fixed Asset Acct dept (yes, actually accounting !) . But all that experience I gained in my previous roles allowed me to then get a position in charge of running field financial operations which required knowledge from all areas I learned before - purchasing, procurement, AP and accounting. Fast forward 10 years later, and now I am on a special project to build a financial system for my company that would serve all the financial functions. Because I know how they all work, I have a lot of input to offer. I have been with the company now for 22 years.
I say this all to you not to boast about what I've done, but to share my path and see what opportunities are out there by just starting with an accounting degree. Not all paths are the same, but my main point is - the world of opportunities is more open than you think. Every company has financial operations in some capacity so you would be a candidate in almost any industry having a finance or accounting degree. So I hope you don't continue to feel worried about entering this field. The world of opportunities in finance and/or accounting will be enormous. What's more important is you just have to work hard, distinguish yourself, and find what you like...and success will follow. Good luck!
Thank you for sharing your perspective.
Rihanna
Updated
Jordan’s Answer
Hi Rihanna,
Great question! I am glad you are already considering a job in Finance and Accounting at your age. There are many great things about these types of jobs, but there are also some important things to consider. Here are a few of the main things to consider from my experience:
- Rules and Regulations: Just like how you have to follow rules in school, in finance and accounting, there are lots of rules and laws that companies have to follow when handling money. Keeping up with all these rules can be tough.
- Lots of Numbers: Imagine doing math homework, but instead of a few problems, you have to deal with tons of numbers every day. Finance and accounting jobs involve managing lots of money-related data.
- Deadlines and Pressure: Think about having a big project due at school. In finance jobs, there are important deadlines to meet, like when companies have to report their finances. Messing up can be a big deal!
- Watching out for Problems: Just like how you might look both ways before crossing the street, finance professionals have to watch out for risks that could harm a company financially. They need to be like financial detectives!
- Teamwork and Talking: Just like in group projects, finance folks need to talk to other people in the company to gather information and make decisions together.
- Being Honest and Fair: Like when you play a game and everyone has to follow the rules, finance professionals have to be honest and fair when dealing with money. It's about doing the right thing even when no one is looking.
Great question! I am glad you are already considering a job in Finance and Accounting at your age. There are many great things about these types of jobs, but there are also some important things to consider. Here are a few of the main things to consider from my experience:
- Rules and Regulations: Just like how you have to follow rules in school, in finance and accounting, there are lots of rules and laws that companies have to follow when handling money. Keeping up with all these rules can be tough.
- Lots of Numbers: Imagine doing math homework, but instead of a few problems, you have to deal with tons of numbers every day. Finance and accounting jobs involve managing lots of money-related data.
- Deadlines and Pressure: Think about having a big project due at school. In finance jobs, there are important deadlines to meet, like when companies have to report their finances. Messing up can be a big deal!
- Watching out for Problems: Just like how you might look both ways before crossing the street, finance professionals have to watch out for risks that could harm a company financially. They need to be like financial detectives!
- Teamwork and Talking: Just like in group projects, finance folks need to talk to other people in the company to gather information and make decisions together.
- Being Honest and Fair: Like when you play a game and everyone has to follow the rules, finance professionals have to be honest and fair when dealing with money. It's about doing the right thing even when no one is looking.
Updated
Jamie’s Answer
Great question and great job for asking questions already in the 9th grade! Truly, the earlier you start asking questions and figuring out what you want to do, the better and easier it will be to find what you love to do. I planned on pursuing a career in financial accounting, and I’ve worked on auditing financials for governmental entities in the past. It has its challenges, such as being very technical and different for all types of organizations. It’s a learn-as-you-go career. It’s ever-changing. But there is so much you can do by pursuing an accounting degree and working in financial accounting. I planned on working in financial accounting for a long time, and I work in forensic accounting now and love it. I learned so much about financial accounting in school and in previous jobs that helped build the foundation for my career now. It can be challenging, but it’s worth it. Good luck!
Updated
Andrew’s Answer
Hello Rihanna,
I'm thrilled to see you're asking these questions at such an opportune time, with so much room to delve into your career passions and discover fresh possibilities. Reflecting on my own journey in public accounting, I can assure you that the industry is always on the move, introducing innovative tools and technology designed specifically for financial accounting experts. These handy tools can simplify the more tricky aspects of the job by automating tasks or facilitating on-the-job learning. Despite the inevitable challenges that come with any career, the accounting field seems to be brimming with new aids to help professionals smoothly sail through these hurdles. As you contemplate a future in accounting, I encourage you to keep seeking out internship opportunities in every possible way. This will provide you with a feel for the profession and how it aligns with your personal aspirations. I hope you find this advice useful and wish you the best of luck!
I'm thrilled to see you're asking these questions at such an opportune time, with so much room to delve into your career passions and discover fresh possibilities. Reflecting on my own journey in public accounting, I can assure you that the industry is always on the move, introducing innovative tools and technology designed specifically for financial accounting experts. These handy tools can simplify the more tricky aspects of the job by automating tasks or facilitating on-the-job learning. Despite the inevitable challenges that come with any career, the accounting field seems to be brimming with new aids to help professionals smoothly sail through these hurdles. As you contemplate a future in accounting, I encourage you to keep seeking out internship opportunities in every possible way. This will provide you with a feel for the profession and how it aligns with your personal aspirations. I hope you find this advice useful and wish you the best of luck!