In the United States, a senior accountant is usually responsible for recording and maintaining records of financial transactions. These individuals may do this in a variety of different ways. One of the most commonly used accounting methods is the general ledger. For the most part, people who hold these jobs must perform their duties in accordance with accounting practices that are widely observed throughout the country. These methods, known in the United States as general accounting practices, are taught to students who attend colleges and universities in America.
A senior accountant is usually responsible for analyzing a variety of account transactions, and preparing monthly, quarterly, and annual financial statements. These professionals also run a variety of different kinds of reports throughout the year. These help accountants to keep up with the various financial aspects that they are responsible for, on an ongoing basis.
Someone in this position generally performs many complex accounting activities. Reconciling accounts and analyzing financial data are normally very large aspects of a senior accountant job. It is important to realize, however, that specific work responsibilities may vary somewhat between different employers. The basic functions of these positions tend to remain essentially the same.
Anyone who works as a senior accountant may be required to perform, or at least participate in, annual company audits. People who hold these positions are generally considered to be of a higher rank than other accountants, so they typically have more responsibilities than other individuals in the department. In some situations, they could be asked to supervise the work of others, or to maintain responsibility for troubleshooting problems that occur within the accounting department.
People in these positions are often consulted for advice regarding how to streamline departmental procedures. They may also be required to suggest methods for improvement in general, or for creating processes that will help to increase employee efficiency. Some employers may even require that people in these positions serve on committees to help create, and then initiate, projects or other activities that will help to resolve problematic issues.
For the most part, a senior accountant tends to have the ability to work well with others. Since these positions usually exist in larger companies, it is very unlikely that anyone working in this capacity would have the option of working alone, though there could be some measure of independence in the job. Having the ability to function well as a member of a team or group is a definite asset in these positions.