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Accounting Terms & Definitions
Accounting for Merchandising Activities
Debits and Credits (Double Entry Accounting)
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Careers in Accounting as a Financial Accountant

A career in Accounting as a Financial Accountant requires the ability to think outside the box and perform a bit of financial accounting & a bit of financial analysis. Financial accountants generally have the responsibility of extracting, analyzing and maintaining all of the company's financial data including revenues, expenses, store P&L, etc to publish internal financial statements that will be viewed and supervised by the Corporate Controller.

Responsibilities of a Financial Accountant

  • Compile, analyze & maintain regional & international company financial budgets and general ledger to determine total annual revenues, expenses & profit/loss.

Median Salary by Years of Experience

Years of Experience
Salary Scale
Less than 1 year $30,776 - $43,309
1 -4 years $39,422 - $52,627
5 - 9 years $42,235 - $58,125
10 - 19 years $44,327 - $61,499
20 years or more
$45,116 - $66,525
* Data courtesy of PayScale

Education Requirements for Financial Accountant Positions

  • Candidates must

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