CompGeo Salary Survey Benchmark Job Summary and Competencies

Accountants and Auditors

Accountants and Auditors

The Benchmark Job Description below represents the specific Position Characteristics of the job used in the Salary Survey. Benchmark Job Descriptions should be inspected carefully to review the degree of matching between an organizations' Job and the Salary Survey Benchmark. Matching internal Jobs to Salary Survey Benchmark Jobs should not be done on Job Title alone. A thorough comparison of Salary Survey Benchmark to Internal Job Descriptions is recommended. A good overlap should exist on any comparisons used on critical Job Dimensions and Competencies.
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
Summary Job Description Tasks
Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures. Accountants and auditors help to ensure that organizations are run efficiently, its public records kept accurately, and its taxes paid properly and on time. They perform these vital functions by offering an increasingly wide array of business and accounting services to their clients. These services include public, management, and government accounting, as well as internal auditing. Beyond fundamental tasks of the occupation preparing, analyzing, and verifying financial documents many accountants now are r equired to possess a wide range of knowledge and skills. Accountants and auditors are broadening the services they offer to include budget analysis, financial and investment planning, information technology consulting, and limited legal services.
 
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
 
Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
 
Prepare detailed reports on audit findings.
 
Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
 
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
 
Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
 
Supervise auditing of establishments, and determine scope of investigation required.
 
Prepare, analyze, and verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
 
Confer with company officials about financial and regulatory matters.
 
Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
 
Examine inventory to verify journal and ledger entries.
 
Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
 
Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
 
Direct activities of personnel engaged in filing, recording, compiling and transmitting financial records.
 
Produce up-to-the-minute information, using internal computer systems, to allow management to base decisions on actual, not historical, data.
 
Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
 
Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
 
Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
 
Examine records, tax returns, and related documents pertaining to settlement of decedent's estate.
 
Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
 
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
Important Knowledge Competencies Competency Description
Economics and Accounting Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
 
English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
 
Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
 
Computers and Electronics Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
 
Mathematics Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
 
Law and Government Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
 
Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
 
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
Important Skill Competencies Competency Description
Reading Comprehension Understanding written sentences and paragraphs in work related documents.
 
Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
 
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.
 
Speaking Talking to others to convey information effectively.
 
Writing Communicating effectively in writing as appropriate for the needs of the audience.
 
Active Learning Understanding the implications of new information for both current and future problem-solving and decision-making.
 
Complex Problem Solving Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
 
Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
 
Mathematics Using mathematics to solve problems.
 
Monitoring Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
 
Coordination Adjusting actions in relation to others' actions.
 
Systems Analysis Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
 
Systems Evaluation Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
 
Time Management Managing one's own time and the time of others.
 
Social Perceptiveness Being aware of others' reactions and understanding why they react as they do.
 
Persuasion Persuading others to change their minds or behavior.
 
Management of Personnel Resources Motivating, developing, and directing people as they work, identifying the best people for the job.
 
Learning Strategies Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
 
Negotiation Bringing others together and trying to reconcile differences.
 
Instructing Teaching others how to do something.
 
Service Orientation Actively looking for ways to help people.
 
Operations Analysis Analyzing needs and product requirements to create a design.
 
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
Important Ability Competencies Competency Description
Problem Sensitivity The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
 
Written Comprehension The ability to read and understand information and ideas presented in writing.
 
Oral Expression The ability to communicate information and ideas in speaking so others will understand.
 
Inductive Reasoning The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
 
Oral Comprehension The ability to listen to and understand information and ideas presented through spoken words and sentences.
 
Deductive Reasoning The ability to apply general rules to specific problems to produce answers that make sense.
 
Speech Clarity The ability to speak clearly so others can understand you.
 
Written Expression The ability to communicate information and ideas in writing so others will understand.
 
Information Ordering The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
 
Mathematical Reasoning The ability to choose the right mathematical methods or formulas to solve a problem.
 
Near Vision The ability to see details at close range (within a few feet of the observer).
 
Number Facility The ability to add, subtract, multiply, or divide quickly and correctly.
 
Speech Recognition The ability to identify and understand the speech of another person.
 
Category Flexibility The ability to generate or use different sets of rules for combining or grouping things in different ways.
 
Perceptual Speed The ability to quickly and accurately compare similarities and differences among sets of letters, numbers, objects, pictures, or patterns. The things to be compared may be presented at the same time or one after the other. This ability also includes comparing a presented object with a remembered object.
 
Flexibility of Closure The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
 
Selective Attention The ability to concentrate on a task over a period of time without being distracted.
 
Fluency of Ideas The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
 
Originality The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
 
Speed of Closure The ability to quickly make sense of, combine, and organize information into meaningful patterns.
 
Memorization The ability to remember information such as words, numbers, pictures, and procedures.
 
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
Prerequisite Qualification Category Education and Experience Level
Required Level of Education Bachelor's Degree
 
Related Work Experience None
 
On-Site or In-Plant Training Up to and including 1 month
 
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
Alternate Job Title(s)
Account Auditor
Account Auditor
Accountant
Accounting Auditor
Asset Analyst
Assurance Manager
Assurance Senior
Audit Manager
Audit Partner
Auditor
Auditor
Auditor-In-Charge
Auditor-in-Charge
Certified Public Accountant
City Auditor
Compliance Analyst
Compliance Auditor
Compliance Coordinator
Compliance Manager
Cost Accountant
County Auditor
Data Processing Auditor
Deputy for Audit
Field Auditor
Field Auditor
Financial Accountant
Financial Auditor
Financial Auditor
Financial Systems Analyst
Fund Accountant
Information Systems Auditor
Information Technology Auditor (IT Auditor)
Inspector
Insurance Auditor
Internal Audit Director
Internal Auditor
Internal Auditor
Medical Auditor
Payroll Analyst
Payroll Auditor
Payroll Auditor
Quality Control Auditor
Railroad Auditor
Revenue Audit Clerk
Revenue Tax Specialist
Tax Accountant
Tax Auditor
Traveling Auditor
Utility Accounts Director
 
CompGeo Occupation Group: Finance
Job Family: Accounting
Benchmark Title: Accountants and Auditors
 
 
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