Larry Learner

Hi Larry

I am studying the ICB Financial Accounting qualification. I was looking at the jobs I can apply for, as mentioned under: “What my title can be” on page 9 of the 2017 Prospectus.

I was wondering, what is a Technical Financial Accountant exactly and what does a TFA do?

Regards,
Ismail


 

Hi Ismail

Thanks for your question.

A technical financial accountant is a finance professional who is responsible for carrying out various aspects of the accounting function, usually under the supervision of a senior accountant. He also provides accounting and financial management support to a senior accountant, auditor, or financial manager. To work as a technical financial accountant, you can study towards a relevant accounting qualification, such as the ICB National Diploma: Technical Financial Accounting.

A technical financial accountant can work at various levels within an organisation and usually starts at a junior level, and works his way up through gaining experience and earning additional qualifications.

Your duties and responsibilities may include:

  • Maintaining financial records
  • Preparing financial statements and reports
  • Paying invoices
  • Filing tax returns
  • Assisting with audits

Once you’re qualified as a technical financial accountant, you can choose to study further. Find out more about your options on page 29 of the ICB’s 2017 Prospectus.

Hope that helps!


 

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