Analysis of Job Description of Attaining Corporate Position at Water P

Question: Write a statement addressing the required attributes for the advertised Graduate Position at Water Partners. In writing your statement, you should make mention of any skills that you have developed while studying Financial Accounting Theory this semester. Answer: Introduction This study deals with understanding the job responsibilities of attaining graduate position at Water Partners. In this particular assignment, statement attributes are explained with advertised Graduate position as far as possible. It mentions various skills as well as job description in developing study of financial accounting theory for the same (Williams 2012). Financial Accounting Theory aims in examining various theories depending upon understanding of financial accounting in decision-making process. It explores in business entities for making decisions for accounting methods as well as disclosure of financial information in indulging in complete regulations (Spiceland, Thomas and Herrmann 2011). Part B Statement addressing the required attributes for advertised Graduate Position at Water Partners Job Description for Graduate Position at Water Partners requires essential skills and detailed understanding of financial accounting theory. Water partners as well as private clients in audit accounts (Shim, Siegel and Shim 2012) employ graduate position accountants. Graduate Accountant should be able to provide financial advices as well as undertakes accounts administration for the same. It is necessary that accountants provides financial advices to clients that ranges from multinational organization as well as government bodies to small independent business in an overall manner (Scott 2011). For attaining graduate position at Water partners, it is necessary in specializing particular areas like audit, management as well as forensic accountancy and taxation. Addition to that, accountant should have complete knowledge on assurance and corporate finance for smooth functioning of Water partners. It is important to understand the fact that accountants go through a rigorous recruitment a s well as qualification process for getting into Water partners (Previts, Walton and Wolnizer 2011). Typical duties of corporate accountant Corporate Accountant should be able to prepare accounts as well as tax returns Corporate Accountant should administer payrolls as well as controlling over income and expenditure for the same For getting corporate position, it is necessary to gain understanding on auditing financial position For gaining the position, it is essential to compile as well as present reports in form of budgets, business plans as well as commentaries and financial statements. Corporate Accountant should analyze accounts as well as business plans Corporate Accountant should provide tax returns services in reference with current legislation. They should lead as well as manages multi-disciplined team. It makes full contribution as Senior Management for working in tight deadlines For gaining the position, it is essential for financial forecasting as well as risk analysis in the upcoming years Corporate Accountant requires in dealing with insolvency cases In gaining corporate position, it negotiates in terms of business deals as well as moves with clients in associated organization. Corporate Accountant should be able in meets as well as interviewing clients for the same. They should help in business advisory as well as financial services. In gaining corporate position, accountant should be able to manage colleagues, workloads as well as deadlines in an overall manner. Typical Employers of Chartered Accountants Corporate Position at Water partners should be able to render private firms of accountants. It serves as professional services firms as well as industrial organizations (Needles and Powers 2012). They should provide operations management in accounts department especially for debtors as well as creditors ledger. Qualifications and Training required for gaining Corporate Position at Water Partners It is required to have qualification from recognized professional accountancy body. It demonstrates from employers, clients as well as public for rendering training as well as skills for performing the job in desired form (Libby, Libby and Short 2011). Qualification as Chartered Accountants takes place for at least three years starting from work experiences. It demands for study exams as well as full-time employment as well as graduates. It considers ways for packages as offered in training contract. It works towards attainment of chartered status as well as provisions in training activities for attainment of customer satisfaction (Leung 2011). It reveals salary as well as atmosphere of business firm. As part of training activities, graduates needs to complete three years of work experience. Prior gained experience comes from relevant internships and certain development objectives as well as qualification providers. Qualification depends upon fulfilment on matters relating to trainin g objectives, professional ethics as well as professional exams in the most appropriate way (Horngren 2013). Key Skills requires for attaining corporate position at water Partners It is important to understand the fact that corporate accountants go through rigorous recruitment as well as qualification process in reflecting high qualification status. Employers look for graduates in accordance with attaining skills like: In order to undertake corporate position at Water Partners, it is necessary to posses enough self-motivation for handling difficult tasks as well as challenges for the same (Dyckman, Magee and Pfeiffer 2011). It is essential to posses enough responsibility in the business firm and helping attitudes at the same time (Spiceland, Thomas and Herrmann 2011). It should have ability in reflecting own work and wider consequences in respect with financial decisions in the most appropriate way It should indulge in business acumen as well as interest in an effective way It should posses enough organizational skill as well as ability in managing deadlines in an accurate form Corporate Accountant should have attributes in working as team as a whole They should involve in client facing as well as posses interpersonal skills They should have analytical ability in methodological approach for numerical. Conclusion From the above analysis, it gives detailed analysis of job description of attaining corporate position at Water partners. On critical analysis, it is understood that financial accountants provides specialist services to Water partners. It ensures preparation of financial statements based upon general ledgers as well as participating in important financial decisions at the same time. It requires involving in mergers as well as acquisition in respect with planning and long-term financial projections in an overall manner. It requires performing external audits by examination in financial statements. It performs internal audits as well as fair representation of legal requirement at water Partners. Reference List Dyckman, T., Magee, R. and Pfeiffer, G. (2011).Financial accounting. [Westmont, Ill.]: Cambridge Business Publishers. Horngren, C. (2013).Financial accounting. Frenchs Forest, N.S.W.: Pearson Australia Group. Leung, D. (2011).Inside Accounting. Farnham, Surrey, England: Gower. Libby, R., Libby, P. and Short, D. (2011).Financial accounting. New York: McGraw-Hill/Irwin. Needles, B. and Powers, M. (2012).Financial accounting. Mason, OH: South-Western Cengage Learning. Previts, G., Walton, P. and Wolnizer, P. (2011).A global history of accounting, financial reporting and public policy. Bingley: Emerald. Scott, W. (2011).Financial accounting theory. Toronto, Ont.: Pearson Canada. Shim, J., Siegel, J. and Shim, J. (2012).Financial accounting. New York: McGraw-Hill. Spiceland, J., Thomas, W. and Herrmann, D. (2011).Financial accounting. New York: McGraw-Hill/Irwin.